Company No: 06434634 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	206,039		176,443
		206,039		176,443
Current assets
Stocks	4	136,512		48,790
Debtors	5	573,224		336,142
Cash at bank and in hand		1,270,689		1,001,901
		1,980,425		1,386,833
Creditors: amounts falling due within one year	6	( 743,459)		( 687,295)
Net current assets		1,236,966		699,538
Total assets less current liabilities		1,443,005		875,981
Creditors: amounts falling due after more than one year	7	( 79,344)		( 65,527)
Provision for liabilities		( 46,071)		( 38,518)
Net assets		1,317,590		771,936
Capital and reserves
Called-up share capital		100		100
Profit and loss account		1,317,490		771,836
Total shareholder's funds		1,317,590		771,936

For the financial year ending 31 January 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of WCI Group Limited (registered number: 06434634) were approved and authorised for issue by the Board of Directors on 02 September 2026. They were signed on its behalf by:

J V Hagström Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

WCI Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Watershed Old Brewery Road, Wiveliscombe, Taunton, TA4 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Revenue is derived from the provision of construction, engineering, consultancy, and nutrient neutrality services.

Revenue is recognised on construction, engineering, and consultancy services as earned when, and to the extent, that the company obtains the right to consideration in exchange for its performance under these contracts in the normal course of business. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients including expenses and disbursements but excluding VAT. The fair value of consideration takes into account trade discounts, settlement discounts, and volume rebates.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
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 financial statements. 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 tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	25 years straight line
Plant and machinery	30 % reducing balance
Vehicles	25 % reducing balance
Office equipment	30 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

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

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

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.

Nutrient neutrality

Nutrient neutrality projects are where the company has secured options to complete septic tank upgrades which generate a bank of credits that developers can purchase to ensure that new housing developments don’t increase nutrient pollution in designated protected sites by offsetting any additional pollution that the development creates.

Nutrient neutrality projects can be ongoing for a period in excess of 12 months up to a maximum of 5 years. Revenue and profit recognition on contracts is based on estimates of outturns and costs on a contract by contract basis. Contracts typically have the following profile:
• A non-refundable deposit based on a percentage of the overall contract value.
• A non-refundable annual payment based on a percentage of the overall contract value to keep the option open for a further 12 month period.
• A final payment for the remaining balance of the contract value when the customer exercises their option and gives notice to complete. Upon receiving “notice to complete” the company has a finite period in which to complete the required upgrade works.

Turnover is recognised throughout the project’s lifetime on a basis consistent with the above profiles, subject to a review by the Directors of all significant contracts to take account of any technical, commercial, operational, and other risks that may impact upon the final outturn.

On occasions, the company will offer a period of free servicing for its completed upgrade works. Full provision for the anticipated cost of providing these servicing costs is made at the time the upgrade works are completed and included in other creditors. The provision is then released in future years as the cost of delivering the services are incurred.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	20		16

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 February 2025	30,000		32,766		187,559		65,810		316,135
Additions	0		5,411		64,985		8,127		78,523
Disposals	0		0		( 7,489)		0		( 7,489)
At 31 January 2026	30,000		38,177		245,055		73,937		387,169
Accumulated depreciation
At 01 February 2025	5,984		22,691		72,612		38,405		139,692
Charge for the financial year	1,200		3,932		32,875		9,601		47,608
Disposals	0		0		( 6,170)		0		( 6,170)
At 31 January 2026	7,184		26,623		99,317		48,006		181,130
Net book value
At 31 January 2026	22,816		11,554		145,738		25,931		206,039
At 31 January 2025	24,016		10,075		114,947		27,405		176,443

4. Stocks

	2026		2025
	£		£
Stocks	133,341		38,218
Work in progress	3,171		10,572
	136,512		48,790

5. Debtors

	2026		2025
	£		£
Trade debtors	548,465		316,186
Other debtors	24,759		19,956
	573,224		336,142

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	5,263		10,648
Trade creditors	136,114		111,472
CIS withheld	2,466		3,063
Taxation and social security	417,822		332,556
Obligations under finance leases and hire purchase contracts	42,942		28,069
Other creditors	138,852		201,487
	743,459		687,295

Hire purchase contracts are secured against the assets to which they relate.

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		4,965
Obligations under finance leases and hire purchase contracts	79,344		60,562
	79,344		65,527

Hire purchase contracts are secured against the assets to which they relate.

8. Financial commitments

Commitments

The total amount of financial commitments not included in the balance sheet is £11,175, which is due within one year.

9. Related party transactions

Transactions with the entity's directors

Advances

The Directors loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

_B Taylor_

At 1 February 2025, the balance owed by the director was £Nil. During the year, £30,079 was advanced to the director, and £30,079 was repaid by the director. At 31 January 2026, the balance owed by the director was £Nil.

_N Taylor_

At 1 February 2025, the balance owed by the director was £Nil. During the year, £29,091 was advanced to the director, and £29,091 was repaid by the director. At 31 January 2026, the balance owed by the director was £Nil.