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Company Registration No. 11659074 (England and Wales)
Wreford Famalam Limited Unaudited accounts for the year ended 30 November 2025
Wreford Famalam Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Wreford Famalam Limited Company Information for the year ended 30 November 2025
Directors
Mr W Wreford Mrs S Wreford
Company Number
11659074 (England and Wales)
Registered Office
12 Hurland Road Truro Cornwall TR1 2BU England
Accountants
KMK Accounting Ltd 12 Hurland Road Truro TR1 2BU
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Wreford Famalam Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
5
1,300,000
1,300,000
Current assets
Debtors
6
45
458
Cash at bank and in hand
7,983
4,538
8,028
4,996
Creditors: amounts falling due within one year
7
(942,603)
(932,737)
Net current liabilities
(934,575)
(927,741)
Total assets less current liabilities
365,425
372,259
Provisions for liabilities
Deferred tax
(54,637)
(57,000)
Net assets
310,788
315,259
Capital and reserves
Called up share capital
100
100
Profit and loss account
310,688
315,159
Shareholders' funds
310,788
315,259
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by
Mr W Wreford Director Company Registration No. 11659074
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Wreford Famalam Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Wreford Famalam Limited is a private company, limited by shares, registered in England and Wales, registration number 11659074. The registered office is 12 Hurland Road, Truro, Cornwall, TR1 2BU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Wreford Famalam Limited Notes to the Accounts for the year ended 30 November 2025
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 December 2024
14,073
At 30 November 2025
14,073
Depreciation
At 1 December 2024
14,073
At 30 November 2025
14,073
Net book value
At 30 November 2025
-
5
Investment property
2025
£
Fair value at 1 December 2024
1,300,000
At 30 November 2025
1,300,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
45
Amounts falling due after more than one year
Other debtors
45
413
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
300
(3,120)
Loans from directors
941,883
935,507
Accruals
420
350
942,603
932,737
8
Transactions with related parties
Included within creditors is a loan due to the director, Mr W J Wreford, of £941,883 (2024: £935,507 ). The loan is repayable on demand however the director has agreed not to enforce repayment until the company has sufficient available funds to make such payment and continue to meet its other liabilities as they fall due. The loan is unsecured and interest free.
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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