ACCOUNTS - Final Accounts

Registered number: 01300711

WARNSGROVE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 16 JANUARY 2026

WARNSGROVE LIMITED

REGISTERED NUMBER: 01300711

BALANCE SHEET

AS AT 16 JANUARY 2026

		Period ended 16 January 2026		Year ended 31 March 2025
Note		£		£

Fixed assets
Intangible assets	6		-		9,214
			-		9,214
Current assets
Stocks	7	-		85,581
Debtors: amounts falling due within one year	8	-		271
Cash at bank and in hand	9	905		570
		905		86,422
Creditors: amounts falling due within one year	10	(30,345)		(398,593)
Net current liabilities			(29,440)		(312,171)
Total assets less current liabilities			(29,440)		(302,957)

Net liabilities			(29,440)		(302,957)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	(30,440)	(303,957)
	(29,440)	(302,957)

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WARNSGROVE LIMITED

REGISTERED NUMBER: 01300711

BALANCE SHEET (CONTINUED)

AS AT 16 JANUARY 2026

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J Bailey

Director

Date: 6 August 2026

The notes on pages 3 to 9 form part of these financial statements.

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

1.	General information

Warnsgrove Limited is a Company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Going concern

The company ceased trading on the 16 January 2026 following the death of a director. As such these accounts have not been prepared on the going concern basis.

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

2.Accounting policies (continued)

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.

Employees

The average monthly number of employees, including the Directors, during the period was as follows:

	2026	2025
	No.	No.

Staff	2	2

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

5.	Factors affecting future taxation

The company has unutilised trading tax losses that will not be reclaimed as the trade of the company has ceased. As such no deferred tax asset has been provided for in the accounts.

6.	Intangible assets

		Patents
		£

	At 17 January 2025	26,575
	Disposals	(26,575)
	At 16 January Period ended 16 January 2026	-

	At 17 January 2025	17,361
	On disposals	(17,361)
	At 16 January Period ended 16 January 2026	-
	Net book value
	At 16 January Period ended 16 January 2026	-
	At 16 January Year ended 31 March 2025	9,214

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

7.	Stocks
		Period ended 16 January 2026	Year ended 31 March 2025
		£	£

Work in progress	-	85,581
	-	85,581

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

Debtors

					Period ended 16 January 2026	Year ended 31 March 2025
					£	£


Other debtors	-	271
	-	271

9.	Cash and cash equivalents
		Period ended 16 January 2026	Year ended 31 March 2025
		£	£

Cash at bank and in hand	905	570
	905	570

10.	Creditors: Amounts falling due within one year
		Period ended 16 January 2026	Year ended 31 March 2025
		£	£

Other creditors	30,345	397,968
Accruals and deferred income	-	625
	30,345	398,593

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WARNSGROVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 16 JANUARY 2026

11.

Related party transactions

The amounts due to and from related parties under common control at the balance sheet date and included in debtors and creditors are as follows in the table below. During the year Warnsgrove Limited made purchases of £nil (2025: £2,668) from Cormid Limited. During the year Warnsgrove Limited made sales of £nil (2025: £149) to Flexifax Developments Limited.

Balances between the related companies at the year end were:
A balance of £nil (2024: £247,785) was due to Cormid Limited.
A balance of £nil (2024: £121,028) was due to Flexifax Developments Limited.

In addition, in other creditors there is a Director's loan of £30,345 (2025: £29,155) provided to the company. Interest of 0% is paid on this loan and it is repayable on demand.

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