Company Registration No. 08605553 (England and Wales)
Wharfedale Developments Limited
Unaudited accounts
for the year ended 31 March 2026
Wharfedale Developments Limited
Unaudited accounts
Contents
Wharfedale Developments Limited
Statement of financial position
as at 31 March 2026
Intangible assets
287,585
300,948
Tangible assets
104,575
80,941
Cash at bank and in hand
15,235
20,124
Creditors: amounts falling due within one year
(133,698)
(168,294)
Net current liabilities
(86,464)
(97,181)
Total assets less current liabilities
305,696
284,708
Creditors: amounts falling due after more than one year
(128,178)
(139,405)
Provisions for liabilities
Deferred tax
(19,869)
(15,379)
Net assets
157,649
129,924
Called up share capital
100
100
Profit and loss account
157,549
129,824
Shareholders' funds
157,649
129,924
For the year ending 31 March 2026 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 director acknowledges his 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 and authorised for issue on 11 August 2026 and were signed on its behalf by
Lester Hurst
Director
Company Registration No. 08605553
Wharfedale Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Wharfedale Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 08605553. The registered office is 56-58 Kirkgate, Otley, West Yorkshire, LS21 3HJ.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
20% Straight Line
Plant & machinery
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets which represent cryptoassets are initially recognized at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently they are measured at fair value at the reporting date. Changes in fair value are recognised in profit or loss.
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are met . Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable . A grant received before the recognition criteria are satisfied is
recognised as a liability.
Wharfedale Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Goodwill
Other
Total
At 1 April 2025
250,000
50,948
300,948
Additions
-
115,045
115,045
Disposals
-
(113,233)
(113,233)
Revaluations
-
(15,175)
(15,175)
At 31 March 2026
250,000
37,585
287,585
At 31 March 2026
250,000
37,585
287,585
At 31 March 2025
250,000
50,948
300,948
Wharfedale Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2025
29,110
110,412
139,522
At 31 March 2026
29,110
149,988
179,098
At 1 April 2025
29,110
29,471
58,581
Charge for the year
-
15,942
15,942
At 31 March 2026
29,110
45,413
74,523
At 31 March 2026
-
104,575
104,575
At 31 March 2025
-
80,941
80,941
Amounts falling due within one year
Trade debtors
1,198
13,043
Accrued income and prepayments
5,338
6,928
Other debtors
25,463
31,018
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Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
29,832
5,472
Obligations under finance leases and hire purchase contracts
5,613
6,000
Trade creditors
6,670
23,913
Taxes and social security
44,308
63,740
Other creditors
47,275
69,169
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
44,917
26,940
Loans from directors
-
20,000
9
Average number of employees
During the year the average number of employees was 9 (2025: 7).