ACCOUNTS - Final Accounts preparation

Auditors' remuneration

During the year, the Company obtained the following services from the Company's auditors:

Registered number: 01997746

WILTON HOUSE LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

WILTON HOUSE LIMITED

COMPANY INFORMATION

Directors	Vishwanand Singh Ramoutar (appointed 2 March 2003)
	Renny Reekhaye (appointed 20 May 2025)


Company secretary	No company secretary


Registered number	01997746


Registered office	171 Adeyfield Road
	Hemel Hempstead
	Hertfordshire
	HP2 5JU

WILTON HOUSE LIMITED

CONTENTS

	Page
Strategic report	1 - 2
Directors' report	3 - 4
Independent auditors' report	5 - 7
Statement of comprehensive income	8
Balance sheet	9 - 10
Statement of changes in equity	11 - 12
Statement of cash flows	13
Notes to the financial statements	14 - 30

WILTON HOUSE LIMITED

STRATEGIC REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

Introduction

The director presents the strategic report for the company's financial statements for year ended 31 August 2025.

Business review

The company continued to undertake activities of residential and nursing care throughout the period under review. It also holds investment properties that it rented during the year.
The director was satisfied with the trading results for the year.
The company's turnover for the year is reported as £10,253,427 compared to £9,334,038 in 2024. This represents a 9.85% (2024:6.18%) increase, the company continues to show steady turnover. The operating profit for the year is reported at £1,600,913 (2024: £1,982,689) which represents on operating profit percent of 15.61% (2024: 21.24%), showing a decrease in operating profit and margin. The company is back to reporting a profit before tax, which this year is reported at £1,053,203 (2024: £1,398,228).There has been an overall increase in administration expenditure of £1,17,66 £296,326), a 17.72% increase and this relates to bad debt expenses, staff salaries and other operational issue.
The company continued with its replacement repairs and renewals project replacing various items which are anticipated to be required to be replaced again in an average of 7.5 years. These costs have therefore been deferred and prepaid accordingly to reflect the period over which they are anticipated to wear and tear.

Principal risks and uncertainties

The company remains mindful of the risks an outbreak of any infection or virus could have on its business, and occupancy rates thereon, and continues to actively manage infection control procedures including continued staff training in this area. This, naturally, brings with it additional costs in relation to cleaning and staffing.

The director continues to respond to recruitment challenges in the labour market which can impact business activity. The company remains exposed to policy changes both in terms of the care home industry and the labour market. The director is not aware of any other fundamental risks and uncertainties and there are systems in place to ensure the risks identified are mitigated against.

Development and performance

The director hopes to continue to maintain the trading trend in coming years by maintain resident numbers to near full occupancy and continue with the use of own employed staff levels to avoid the use of agency staff in order to sustain the business.

Financial key performance indicators

The company's key performance indicators is turnover, which is driven by occupancy numbers, and operating profit which has been outlined above. For bank loan covenants in force at the reporting date, earnings before interest, tax, amortisation and after dividends paid is also a key performance indicator and the company's target for this is not less than £1,500,000. For the 2025 financial year end this was £ 1,688,316 (2024: £2,072,287).

Page 1

WILTON HOUSE LIMITED

STRATEGIC REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Other information and explanations

Financial instruments
Liquidity risk - The objective of the company in managing liquidity risk is to ensure that it can meet its financial obligations as and when they fall due. The company expects to meet its financial obligations through operating cash flows.

Customer (residents) credit exposure - The company can offer credit terms to its residents allowing payment of the debt after delivery of the services. The company is at risk to the extent that a resident may be unable to pay the debt on the specified due date. The risk is mitigated by strong credit control, client acceptance procedures and close management of on-going customer relationships.

This report was approved by the board on 16 August 2026 and signed on its behalf.

Vishwanand Singh Ramoutar

Director

Page 2

WILTON HOUSE LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

The directors present their report and the financial statements for the year ended 31 August 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Going Concern

The financial statements have been prepared on a going concern basis. The directors have considered the company's financial position, future trading prospects and available financial resources and have concluded that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered the company's ability to meet its obligations as they fall due and are satisfied that there are no material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. Accordingly, the directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.

Principal activity

The principal activity of the company continued to be that of provision of residential and nursing care.

Results and dividends

The profit for the year, after taxation, amounted to £732,829 (2024 - £1,048,046).

Dividend paid during the year : Nil (2024: £1,000)

Directors

The directors who served during the year were:

Vishwanand Singh Ramoutar (appointed 2 March 2003)

Page 3

WILTON HOUSE LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Renny Reekhaye (appointed 20 May 2025)

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Auditors

The auditors, Focus Somar Audit & Tax Accountants Ltd, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 16 August 2026 and signed on its behalf.

Vishwanand Singh Ramoutar

Director

Page 4

WILTON HOUSE LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF WILTON HOUSE LIMITED

Opinion

We have audited the financial statements of WILTON HOUSE LIMITED (the 'Company') for the year ended 31 August 2025, which comprise the Statement of comprehensive income, the Balance sheet, the Statement of cash flows, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 31 August 2025 and of its profit for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 5

WILTON HOUSE LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF WILTON HOUSE LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Directors' responsibilities statement set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Page 6

WILTON HOUSE LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF WILTON HOUSE LIMITED (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiries of management, concerning the Group's and company's policies and procedures relating to:
• Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances.
of non-compliance
• Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or
alleged fraud.
• Discussions among the. engagement team regarding how and where fraud might occur in the financial
statements and any potential indicators of fraud.
• In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to
the risk of management override.
• Performed analytical procedures to identify any unusual relationships.
• Tested journal entries to identify unusual transactions.
• We also obtained an understanding of the legal and regulatory frameworks that the company operates in.
As a result of performing the above, we did not identify any key audit matters related to the potential risk of fraud
or non-compliance.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Krishna Prasad Dahal (Senior statutory auditor)

for and on behalf of

Focus Somar Audit & Tax Accountants Ltd

Grand Arcade

North Finchley

London

N12 0EH

17 August 2026

Page 7

WILTON HOUSE LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 AUGUST 2025

	2025	2024
Note	£	£


Turnover	10,253,427	9,334,038
Gross profit	10,253,427	9,334,038
Administrative expenses	(8,754,602)	(7,436,636)
Other operating income	102,088	85,287
Operating profit	1,600,913	1,982,689
Interest receivable and similar income	304	1,055
Interest payable and similar expenses	(548,014)	(585,516)
Profit before tax	1,053,203	1,398,228
Tax on profit	(320,374)	(350,182)
Profit for the financial year	732,829	1,048,046

Other comprehensive income for the year
Total comprehensive income for the year		732,829	1,048,046

The notes on pages 14 to 30 form part of these financial statements.

Page 8

WILTON HOUSE LIMITED

REGISTERED NUMBER: 01997746

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	13		8,120,591		8,072,983
Investment property	14		3,905,000		3,905,000
			12,025,591		11,977,983
Current assets
Debtors: amounts falling due after more than one year	15	71,226		112,381
Debtors: amounts falling due within one year	15	2,632,909		2,271,972
Cash at bank and in hand	16	885,698		1,197,697
		3,589,833		3,582,050
Creditors: amounts falling due within one year	17	(1,740,400)		(1,841,767)
Net current assets			1,849,433		1,740,283
Total assets less current liabilities			13,875,024		13,718,266
Creditors: amounts falling due after more than one year	18		(5,777,362)		(6,440,285)
Provisions for liabilities
Deferred tax	20	(237,894)		(151,042)
			(237,894)		(151,042)
Net assets			7,859,768		7,126,939

Capital and reserves
Called up share capital		200	200
Other reserves	22	1,953,773	1,953,773
Profit and loss account	22	5,905,795	5,172,966
		7,859,768	7,126,939

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 August 2026.

Vishwanand Singh Ramoutar

Director

The notes on pages 14 to 30 form part of these financial statements.

Page 9

WILTON HOUSE LIMITED

REGISTERED NUMBER: 01997746

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

Page 10

WILTON HOUSE LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 AUGUST 2025

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 September 2024	200	1,953,773	5,172,966	7,126,939
Comprehensive income for the year
Profit for the year	-	-	732,829	732,829
Other comprehensive income for the year	-	-	-	-
Total comprehensive income for the year	-	-	732,829	732,829
Total transactions with owners	-	-	-	-
At 31 August 2025	200	1,953,773	5,905,795	7,859,768

The notes on pages 14 to 30 form part of these financial statements.

Page 11

WILTON HOUSE LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 AUGUST 2024

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 September 2023	200	1,953,773	4,125,920	6,079,893
Comprehensive income for the year
Profit for the year	-	-	1,048,046	1,048,046
Other comprehensive income for the year	-	-	-	-
Total comprehensive income for the year	-	-	1,048,046	1,048,046
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(1,000)	(1,000)
Total transactions with owners	-	-	(1,000)	(1,000)
At 31 August 2024	200	1,953,773	5,172,966	7,126,939

The notes on pages 14 to 30 form part of these financial statements.

Page 12

WILTON HOUSE LIMITED

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 AUGUST 2025

			2025	2024
			£	£

Cash flows from operating activities
Profit for the financial year	732,829	1,048,046
Adjustments for:
Depreciation of tangible assets	87,099	89,598
Interest paid	548,014	585,516
Interest received	-	(1,055)
Taxation charge	320,374	350,182
(Increase) in debtors	(319,782)	(458,111)
Increase in creditors	180,660	84,579
Corporation tax (paid)	(414,546)	(198,500)
Net cash generated from operating activities	1,134,648	1,500,255

Cash flows from investing activities
Purchase of tangible fixed assets	(134,707)	(141,928)
Interest received	-	1,055
Net cash from investing activities	(134,707)	(140,873)
Cash flows from financing activities
Proceeds from Borrowings	-	250,000
Repayment of Bank loans	(610,676)	(555,760)
Repayment of other loans	(153,250)	(226,480)
Dividends paid	-	(1,000)
Interest paid	(548,014)	(585,516)
Net cash used in financing activities	(1,311,940)	(1,118,756)
Net (decrease)/increase in cash and cash equivalents	(311,999)	240,626
Cash and cash equivalents at beginning of year	1,197,697	957,071
Cash and cash equivalents at the end of year	885,698	1,197,697

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	885,698	1,197,697
	885,698	1,197,697

Page 13

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Wilton House Limited is a private company limited by shares incorporated in England and Wales. The registered office is 171 Adeyfield Road, Hemel Hempstead, Hertfordshire, United Kingdom, HP2 5JU.

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 financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to nearest pound.

The following principal accounting policies have been applied:

2.2

Going Concern

The financial statements have been prepared on a going concern basis. The directors have considered the company's financial position, future trading prospects and available financial resources and have concluded that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered the company's ability to meet its obligations as they fall due and are satisfied that there are no material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. Accordingly, the directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.

Page 14

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

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:

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.

Revenue represents fees from the provision fo nursing and care services which is exempt from VAT. Fees are generateed monthly at the commencement of each month based on the period of occupancy of the resident and agreed contractual daily rate.

Revenue is recognised to the extent it is probable that the economic benefit will flow to the company and the revenue can be reliably measured as the fair value of the consideration received or receivable.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 15

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 16

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.9

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery	-	15%
Motor vehicles	-	25%
Fixtures and fittings	-	10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.10

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

2.11

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 17

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.13

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.

2.14

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.

In the Statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Company's cash management.

2.15

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.

2.16

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.17

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Page 18

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.17

Financial instruments (continued)

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 19

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.17

Financial instruments (continued)

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2.18

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.19

Employee Benefits

The costs of short-term emploee benefits are recognised as a liabilkity and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employement of an employee or to provide termination benefits.

Page 20

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

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

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future eriods.

Key sources of estimation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Investment property valuations
The investment properties are valued based on the directors opinion of the open market value as at the reporting date. This involves an estimation and subjective opinion based on general property prices in the area of the property and property indices. For the largest valued investment property a 2021 valuation report together with general market data for the area of the property was used to assist in determining the value at he reporting date. Investment properties have been valued on an assessed open market value of £3,905,000 (2024 £3,905,000) as at the reporting date of 31 August 2025.

Provision for Bad debts
In order to monitor potential losses, we perform ongoing credit evaluations of our customers' financial condition. An allowance for doubtful accounts is maintained for potential losses against trade receivables based upon the management's assessment of the expected collectability of all accounts receivable. The allowance for doubtful accounts is reviewed periodically to assess the adequacy of the allowance.

Turnover

An analysis of turnover by class of business is as follows:
	2025	2024
	£	£

Turnover	10,253,427	9,334,038
	10,253,427	9,334,038

Analysis of turnover by country of destination:

					2025	2024
					£	£

United Kingdom	10,253,427	9,334,038
	10,253,427	9,334,038

Page 21

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

5.	Other operating income
		2025	2024
		£	£

Net rents receivable	102,088	85,287
	102,088	85,287

Fees payable to the Company's auditors for the audit of the Company's financial statements

20,000

30,796

Wages and salaries	5,560,442	5,116,496
Social security costs	594,772	462,100
Cost of defined contribution scheme	53,201	55,388
	6,208,415	5,633,984

The average monthly number of employees, including the directors, during the year was as follows:

	2025	2024
	No.	No.

Nursing and Administration	209	209

Page 22

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

8.	Directors' remuneration
		2025	2024
		£	£

Directors' emoluments	11,670	11,183
Company contributions to defined contribution pension schemes	163	156
	11,833	11,339

During the year retirement benefits were accruing to 1 director (2024 - 1) in respect of defined contribution pension schemes.

9.	Interest receivable
		2025	2024
		£	£

	Other interest receivable	304	1,055
		304	1,055

10.	Interest payable and similar expenses
		2025	2024
		£	£

Bank interest payable	492,963	531,781
Other loan interest payable	55,051	53,735
	548,014	585,516

Page 23

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Corporation tax
Current tax on profits for the year	233,522	251,861
	233,522	251,861

Total current tax	233,522	251,861

Deferred tax
Origination and reversal of timing differences	86,852	98,321
Total deferred tax	86,852	98,321


	Tax on profit	320,374	350,182

Profit on ordinary activities before tax

1,053,203

1,398,228

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25 %)	263,301	349,557
Effects of:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	(69,705)	(52,758)
Capital allowances for year in excess of depreciation	(11,069)	(44,938)
Adjustments to tax charge in respect of prior periods	50,995	-
Short-term timing difference leading to an increase (decrease) in taxation	86,852	98,321
Total tax charge for the year	320,374	350,182

Factors that may affect future tax charges

There are no factors that may affect future tax charges.

Page 24

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

12.	Dividends
		2025	2024
		£	£

	Dividends	-	1,000
		-	1,000

13.	Tangible fixed assets

	Freehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Total
	£	£	£	£	£
Cost or valuation
At 1 September 2024	7,537,729	950,356	27,544	693,499	9,209,128
Additions	-	14,912	36,540	83,255	134,707
At 31 August 2025	7,537,729	965,268	64,084	776,754	9,343,835
Depreciation
At 1 September 2024	-	524,957	17,135	594,053	1,136,145
Charge for the year on owned assets	-	64,064	11,167	11,868	87,099
At 31 August 2025	-	589,021	28,302	605,921	1,223,244
Net book value
At 31 August 2025	7,537,729	376,247	35,782	170,833	8,120,591
At 31 August 2024	7,537,729	425,399	10,409	99,446	8,072,983

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

Freehold	7,537,729	7,537,729
	7,537,729	7,537,729

Page 25

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

13.Tangible fixed assets (continued)

Freehold land and buildings with a carrying historic cost value of £7,537,729 (2024- £7,537,729) are subject to first mortgages and a registered debenture that forms security for bank borrowings of the company.

14.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 September 2024	3,905,000
	At 31 August 2025	3,905,000

The 2025 valuations were made by directors, on an open market value basis.


	At 31 August 2025

On a historical cost basis these would have been included at an original cost of £1,951,227 (2024 £1,951,227) and aggregate depreciation of £nil (2024 £nil).

Investment properties with a carrying value of £2,180,000 are subject to a first mortgage and forms security for bank borrowings. The property was last formally valued on 18 November 2021 by Knight Frank LLP, a RICS registered surveyor and commercial property consultancy firm who determined the market value of this roperty to be £2,150,000, as at that date, based on the aggregate market rent and capitalisation rate methodology.

15.	Debtors
		2025	2024
		£	£

Due after more than one year
Prepayments and accrued income	71,226	112,381
	71,226	112,381

					2025	2024
					£	£

	Due within one year
	Trade debtors	1,243,522	1,770,899

Page 26

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

15.Debtors (continued)

Other debtors	1,289,134	402,742
Prepayments and accrued income	100,253	98,331
	2,632,909	2,271,972

16.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	885,698	1,197,697
	885,698	1,197,697

17.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	558,000	558,000
Other loans	56,229	157,232
Trade creditors	222,309	270,096
Corporation tax	181,820	362,844
Other taxation and social security	154,153	92,142
Other creditors	262,424	6,443
Accruals and deferred income	305,465	395,010
	1,740,400	1,841,767

18.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	5,600,733	6,211,409
Other loans	176,629	228,876
	5,777,362	6,440,285

Page 27

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025


Bank loans	558,000	558,000
Other loans	56,229	157,232
	614,229	715,232

Bank loans	5,600,733	6,211,409
Other loans	176,629	228,876
	5,777,362	6,440,285


	6,391,591	7,155,517

Bank borrowings are secured by first legal mortgages over those company's freehold properties and investment properties they relate to and a debenture over the company's assets. Interest on bank borrowings with maturity dates between 4 and 11.5 years are being charged interest at variable rates between 3.8% and 6.1% per annum.

Other loans are repayable by instalments, unsecured and have a maturity date of between 3 to 5 years from drawdown. Fixed interest is being charged between 10.5% and 20.9% per annum.

20.	Deferred taxation

		2025
		£

	At beginning of year	(151,042)
	Charged to profit or loss	(86,852)
	At end of year	(237,894)

Page 28

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

20.Deferred taxation (continued)

Deferred tax assets and liabilities are offset where the company has a legally enforceable right to do so.The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Accelerated capital allowances	(585,233)	(574,164)
Tax Amortisation of loan write off	347,339	423,122
	(237,894)	(151,042)

The majority of the accelerated capital allowances deferred tax liability set out above is not expected to reverse until the company sell its land and buildings as it relates to accelerated capital allowances on building fixtures that are not depreciated. The tax amortisation of asset of loan write off asset is expected to reverse out evenly over the next 4.6 years in accordance with taxation laws whereby the loan written off was allowable for taxation on a 10 year straight line basis.

The company has unused capital losses totalling £16,961,216 from the disposal of overseas subsidiary of which £1,953,773 is currently estimates as being available for utilising the market uplift of the investment properties based on their values as at 31 August 2025. The utilisation of remaining balance is currently assessed as being remote as only available for offset against future capital gains, and therefore a computed net deferred tax asset totalling £3,926,534 has not been provided for in relation to these capital llosses.

21.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

200 (2024 - 200) Ordinary Shares shares of £1.00 each	200	200

22.

Reserves

Other reserves

The non-distributable profits reserve represents the cumulative fair value adjustment to investment properties after consideration of any indexation allowance adjustments and net of deferred tax thereon.

23.	Analysis of net debt

		At 1 September 2024	Cash flows	At 31 August 2025
		£	£	£

Page 29

WILTON HOUSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

23.Analysis of net debt (continued)

Cash at bank and in hand	1,197,697	(311,999)	885,698
Debt due after 1 year	(6,440,285)	662,923	(5,777,362)
Debt due within 1 year	(715,232)	101,003	(614,229)
	(5,957,820)	451,927	(5,505,893)

24.	Pension commitments

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those company in an independently administered fund.Contribution totaling £26,052 (2024: £11,472) were payable to the scheme at the year end and are included within other creditors.

	Defined Contribution Scheme	2025	2024
	Charge to profit or loss	53,201	55,388

25.

Related party transactions

During the year, a net amount of £151,057 advanced in the previous year was settled by NA Reekhaye, the sole shareholder of the company. At the balance sheet date, other debtors included £nil (2024: £151,097) owed by NA Reekhaye

During the year, a net amount of £941,150 was advanced to a company under common control. At the balance sheet date, other debtors included £1,186,150 (2024: £245,000) owed by a company under the same control. The amount is repayable on demand, unsecured and interest-free.

26.	Controlling party

The ultimate controlling party is NA Reekhaye by virtue of his ownership of 100% of the issued ordinary share capital in the company.

Page 30