5 01/01/2025 31/12/2025 2025-12-31 false false false false false false false true false false true false false false false false false false 2025-01-01 Sage Accounts Production 25.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07849091 2025-01-01 2025-12-31 07849091 2025-12-31 07849091 2024-12-31 07849091 2024-01-01 2024-12-31 07849091 2024-12-31 07849091 2023-12-31 07849091 bus:RegisteredOffice 2025-01-01 2025-12-31 07849091 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 07849091 bus:OrdinaryShareClass2 2025-01-01 2025-12-31 07849091 bus:OrdinaryShareClass3 2025-01-01 2025-12-31 07849091 bus:LeadAgentIfApplicable 2025-01-01 2025-12-31 07849091 bus:Director1 2025-01-01 2025-12-31 07849091 bus:Director2 2025-01-01 2025-12-31 07849091 bus:Director3 2025-01-01 2025-12-31 07849091 core:NetGoodwill 2025-12-31 07849091 core:PlantMachinery 2024-12-31 07849091 core:FurnitureFittingsToolsEquipment 2024-12-31 07849091 core:MotorVehicles 2024-12-31 07849091 core:PlantMachinery 2025-12-31 07849091 core:FurnitureFittingsToolsEquipment 2025-12-31 07849091 core:MotorVehicles 2025-12-31 07849091 core:WithinOneYear 2025-12-31 07849091 core:WithinOneYear 2024-12-31 07849091 core:PlantMachinery 2025-01-01 2025-12-31 07849091 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 07849091 core:MotorVehicles 2025-01-01 2025-12-31 07849091 core:ShareCapital 2025-12-31 07849091 core:ShareCapital 2024-12-31 07849091 core:RetainedEarningsAccumulatedLosses 2025-12-31 07849091 core:RetainedEarningsAccumulatedLosses 2024-12-31 07849091 bus:OrdinaryShareClass1 core:ShareCapital 2025-12-31 07849091 bus:OrdinaryShareClass1 core:ShareCapital 2024-12-31 07849091 bus:OrdinaryShareClass2 core:ShareCapital 2025-12-31 07849091 bus:OrdinaryShareClass2 core:ShareCapital 2024-12-31 07849091 bus:OrdinaryShareClass3 core:ShareCapital 2025-12-31 07849091 bus:OrdinaryShareClass3 core:ShareCapital 2024-12-31 07849091 core:NetGoodwill 2024-12-31 07849091 core:PlantMachinery 2024-12-31 07849091 core:FurnitureFittingsToolsEquipment 2024-12-31 07849091 core:MotorVehicles 2024-12-31 07849091 bus:SmallEntities 2025-01-01 2025-12-31 07849091 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 07849091 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07849091 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07849091 bus:FullAccounts 2025-01-01 2025-12-31
Wrens of Thame Ltd
Filleted accounts
31 December 2025
Company registration number: 07849091
Wrens of Thame Ltd
Directors and other information
Directors A J Wren
Miss A J Wren
M J Wren
Company number 07849091
Registered office The Old Dairy
12 Stephen Road
Headington
Oxford
OX3 9AY
Accountants Cox Hinkins & Co. Limited
Accountants and Taxation Advisors
The Old Dairy
12 Stephen Road
Headington
Oxford
OX3 9AY
Wrens of Thame Ltd
Balance sheet
31st December 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 88,940 110,880
_______ _______
88,940 110,880
Current assets
Stocks 10,400 11,800
Debtors 7 22,012 55,716
Cash at bank and in hand 56,103 17,370
_______ _______
88,515 84,886
Creditors: amounts falling due
within one year 8 ( 82,489) ( 95,576)
_______ _______
Net current assets/(liabilities) 6,026 ( 10,690)
_______ _______
Total assets less current liabilities 94,966 100,190
Provisions for liabilities ( 16,898) ( 21,067)
_______ _______
Net assets 78,068 79,123
_______ _______
Capital and reserves
Called up share capital 9 8 8
Profit and loss account 78,060 79,115
_______ _______
Shareholders funds 78,068 79,123
_______ _______
For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit & loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 17 September 2026 , and are signed on behalf of the board by:
A J Wren
Director
Company registration number: 07849091
Wrens of Thame Ltd
Notes to the financial statements
Year ended 31st December 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is The Old Dairy, 12 Stephen Road, Headington, Oxford, OX3 9AY. There was no significant change in the company's principal activity during the year which continued to be a butchers shop.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The principal accounting policies are set out below. The financial statements are prepared in sterling which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer equipment - 25% straight line
Fittings fixtures and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Cost is calculated using the first in, first out formula. Provision is made for damaged, obsolete and slow moving stock where appropriate.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractualarrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).
5. Intangible assets
Goodwill Total
£ £
Cost
At 1st January 2025 and 31st December 2025 57,000 57,000
_______ _______
Amortisation
At 1st January 2025 and 31st December 2025 57,000 57,000
_______ _______
Carrying amount
At 31st December 2025 - -
_______ _______
At 31st December 2024 - -
_______ _______
6. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1st January 2025 9,811 45,801 106,898 162,510
Additions 4,703 1,799 - 6,502
Disposals ( 6,031) - - ( 6,031)
_______ _______ _______ _______
At 31st December 2025 8,483 47,600 106,898 162,981
_______ _______ _______ _______
Depreciation
At 1st January 2025 8,899 12,015 30,716 51,630
Charge for the year 913 8,484 19,045 28,442
Disposals ( 6,031) - - ( 6,031)
_______ _______ _______ _______
At 31st December 2025 3,781 20,499 49,761 74,041
_______ _______ _______ _______
Carrying amount
At 31st December 2025 4,702 27,101 57,137 88,940
_______ _______ _______ _______
At 31st December 2024 912 33,786 76,182 110,880
_______ _______ _______ _______
7. Debtors
2025 2024
£ £
Trade debtors 10,906 41,593
Other debtors 11,106 14,123
_______ _______
22,012 55,716
_______ _______
8. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 22,974 47,662
Social security and other taxes 19,313 7,912
Other creditors 40,202 40,002
_______ _______
82,489 95,576
_______ _______
9. Called up share capital
Issued, called up and fully paid
2025 2024
No £ No £
Ordinary shares of £ 1.00 each 6 6 6 6
Ordinary B shares shares of £ 1.00 each 1 1 1 1
Ordinary C shares shares of £ 1.00 each 1 1 1 1
_______ _______ _______ _______
8 8 8 8
_______ _______ _______ _______