REGISTERED NUMBER: 03485365 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

WINCHESTER CITY CENTRE PARTNERSHIP

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G H Miles

P Spencer

R P Holroyd Smith

Z Truscott

H J France

D C Pinder

L D Thompson

P M Phasey

J Moir

T Y Greasley

S M N Y F Oh

G Bakas

W D Davies

S L Strangeway

SECRETARY:

C M D Turner

REGISTERED OFFICE:

32 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

03485365 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

5,744

6,265

CURRENT ASSETS

Debtors

5

46,105

38,015

Cash at bank

104,704

143,292

150,809

181,307

CREDITORS

Amounts falling due within one year

6

35,918

32,558

NET CURRENT ASSETS

114,891

148,749

TOTAL ASSETS LESS CURRENT LIABILITIES

120,635

155,014

RESERVES

Income and expenditure account

120,635

155,014

120,635

155,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th August 2026 and were signed on its behalf by:

G H Miles - Director

1.	STATUTORY INFORMATION

Winchester City Centre Partnership Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is accounted for when receivable and includes a levy paid by local organisations towards the Winchester Business Improvement District (BID) Scheme.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost and Straight line over 3 years

Digital Project

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Office

Digital

equipment

Project

Totals

£

£

£

COST

At 1st April 2025

12,442

54,209

66,651

Additions

3,024

-

3,024

At 31st March 2026

15,466

54,209

69,675

DEPRECIATION

At 1st April 2025

7,252

53,134

60,386

Charge for year

2,470

1,075

3,545

At 31st March 2026

9,722

54,209

63,931

NET BOOK VALUE

At 31st March 2026

5,744

-

5,744

At 31st March 2025

5,190

1,075

6,265

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,375

2,566

Other debtors

35,366

30,779

VAT

9,364

4,670

46,105

38,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

19,724

21,011

Barclaycard creditor

1,341

258

Tax

435

498

Social security and other taxes

4,205

3,666

Accruals and deferred income

10,213

7,125

35,918

32,558

7.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £40,000 (2025: £60,000).