Wellwood Retreat Ltd

Wellwood Retreat Ltd
Statement of Financial Position
As at 31 March 2026

	2026		2025
	£	£	£	£
Fixed assets		-		1,055,887
Current assets	-		15,950
Creditors: amount falling due within one year	(279,397)		(1,269,424)
Net current assets		(279,397)		(1,253,474)
Total assets less current liabilities		(279,397)		(197,587)
Net assets		(279,397)		(197,587)


Capital and reserves		(279,397)		(197,587)

NOTES TO THE ACCOUNTS

General Information

Wellwood Retreat Ltd is a private company, limited by shares, registered in England and Wales, registration number 13894023, registration address 5 Saltford Court, Saltford, Bristol, BS31 3EB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The company ceased trading on 31 October 2025. Consequently, the directors reviewed the recoverability of the company's assets and balances. Assets have been stated at their estimated recoverable amounts and irrecoverable intercompany balances have been written off. The financial statements reflect these adjustments.

Going concern basis

The financial statements have been prepared on a basis other than going concern. The company ceased trading on 31 October 2025 and the directors have no intention of recommencing trade.

Accordingly, the assets of the company have been reviewed and written down to their estimated recoverable values at the balance sheet date. Intercompany balances considered irrecoverable have been written off during the year.

The financial statements have therefore been prepared on a break-up basis, reflecting the cessation of the company's trading activities.

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

Related parties

During the year the company entered into the following transactions with related parties:

	Amount due from/to related party		Provision for doubtful debt from the related party
	2026 £	2025 £	2026 £	2025 £
Selwood Group (Holdings) Limited	-	100	-	-
Selwood Investments Limited	-	(573,546)	-	-
Selwood Drilling Limited	-	(10,319)	-	-
Selwood Properties (SW) Limited	-	113	-	-
Andrews Mortgage Solutions Limited	-	27,940	-	-

4.	Exceptional Item

Related party balances

Exceptional items comprise the write-off of intercompany balances of £622,556 (2025: £nil). The credit arose following the cessation of the company's trading activities on 31 October 2025 and reflects management's assessment of the recoverability of amounts due to connected parties.

The write-off has been recognised within the profit and loss account for the year.

5.	Director’s loan

N & C Selwood

As at the year end, the company owed the directors, N & C Selwood, £233,702 (2024: £600,546). The balances are unsecured, interest-free and have no fixed repayment terms.

The company ceased trading on 31 October 2025. In light of the cessation of trade and the company's financial position, there is uncertainty as to the timing, and potentially the extent, of any repayment of the amounts due to the directors.

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

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

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 19 August 2026 and were signed on its behalf by:

--------------------------------
Claire Selwood
Director

--------------------------------
Nicholas Selwood
Director

Registered Number: 13894023
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2026
for
WELLWOOD RETREAT LTD