REGISTERED NUMBER: 00892102 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Webster-Wilkinson Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

50,272

75,159

Tangible assets

5

363,613

289,364

Investments

6

25,000

25,000

438,885

389,523

CURRENT ASSETS

Stocks

505,511

567,266

Debtors

7

619,827

664,611

Cash at bank

279,564

182,582

1,404,902

1,414,459

CREDITORS

Amounts falling due within one year

8

938,276

817,234

NET CURRENT ASSETS

466,626

597,225

TOTAL ASSETS LESS CURRENT LIABILITIES

905,511

986,748

CREDITORS

Amounts falling due after more than one year

9

(112,178

)

(67,877

)

PROVISIONS FOR LIABILITIES

(86,938

)

(67,506

)

NET ASSETS

706,395

851,365

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Share premium

6,000

6,000

Retained earnings

690,395

835,365

SHAREHOLDERS' FUNDS

706,395

851,365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2026 and were signed on its behalf by:

Mr T Greenfield - Director

1.	STATUTORY INFORMATION

Webster-Wilkinson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00892102

Registered office:

Unit A Halesfield 10

Telford

Shropshire

TF7 4QP

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

20% on cost

Plant and machinery

-

20% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Development costs

Development costs are measured initially at cost. Subsequently, the costs are amortised over their estimated useful economic life of 10 years.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2024 - 45 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 January 2025

and 31 December 2025

248,866

AMORTISATION

At 1 January 2025

173,707

Amortisation for year

24,887

At 31 December 2025

198,594

NET BOOK VALUE

At 31 December 2025

50,272

At 31 December 2024

75,159

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

64,914

1,694,192

154,795

52,141

1,966,042

Additions

-

133,472

-

-

133,472

At 31 December 2025

64,914

1,827,664

154,795

52,141

2,099,514

DEPRECIATION

At 1 January 2025

64,914

1,426,783

141,006

43,975

1,676,678

Charge for year

-

54,424

2,758

2,041

59,223

At 31 December 2025

64,914

1,481,207

143,764

46,016

1,735,901

NET BOOK VALUE

At 31 December 2025

-

346,457

11,031

6,125

363,613

At 31 December 2024

-

267,409

13,789

8,166

289,364

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

372,000

Additions

75,000

At 31 December 2025

447,000

DEPRECIATION

At 1 January 2025

152,338

Charge for year

29,466

At 31 December 2025

181,804

NET BOOK VALUE

At 31 December 2025

265,196

At 31 December 2024

219,662

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

and 31 December 2025

25,000

NET BOOK VALUE

At 31 December 2025

25,000

At 31 December 2024

25,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

319,986

442,062

Amounts owed by group undertakings

275,580

222,386

Other debtors

24,261

163

619,827

664,611

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

51,693

50,000

Hire purchase contracts

56,846

59,815

Trade creditors

406,849

278,224

Taxation and social security

109,956

113,359

Other creditors

312,932

315,836

938,276

817,234

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

59,439

37,970

Hire purchase contracts

52,739

29,907

112,178

67,877

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

109,585

89,722

Invoice Factoring

216,678

281,088

326,263

370,810

Hire purchase creditors are secured on the related fixed assets.

Invoice Factoring is secured by means of a fixed and floating charge over all property or undertaking of the company.

11.	OTHER FINANCIAL COMMITMENTS

The financial commitments, which are not included in the balance sheet amount to £5,485 (2024: £14,633). These financial commitments represent the total amount of payments for a lease ending in 2026.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mageeka Services Limited.