Wroxham Barns Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01669296

Wroxham Barns Limited

Unaudited financial statements

31 December 2025

Wroxham Barns Limited

Statement of financial position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	810,210	815,961
Investments	6	20	20
		---------	---------
		810,230	815,981

Current assets

Stocks		46,898	49,834
Debtors	7	140,785	62,226
Cash at bank and in hand		46,135	5,333
		---------	---------
		233,818	117,393

Creditors: amounts falling due within one year	8	( 1,192,613)		( 891,694)
		-----------		---------
Net current liabilities			( 958,795)		( 774,301)
			---------		---------
Total assets less current liabilities			( 148,565)		41,680

Creditors: amounts falling due after more than one year	9	( 441,756)	( 520,405)
		---------	---------
Net liabilities		( 590,321)	( 478,725)
		---------	---------

Capital and reserves

Called up share capital	10	100	100
Profit and loss account		( 590,421)	( 478,825)
		---------	---------
Shareholders deficit		( 590,321)	( 478,725)
		---------	---------

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 income statement has not been delivered.

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 .

Wroxham Barns Limited

Statement of financial position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

I A Russell

Director

Company registration number: 01669296

Wroxham Barns Limited

Notes to the financial statements

Year ended 31 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 Tunstead Road, Hoveton, Norfolk, NR12 8QU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Going concern

The directors have prepared the accounts on the going concern basis, despite the net current liabilities and deficit position shown on the balance sheet. The directors consider that the company has adequate sources of funding to continue to trade for the foreseeable future.

Revenue recognition

Turnover is the total amount receivable by the company in the ordinary course of business with outside customers for goods supplied, services provided and rents receivable as a principal, excluding VAT and trade discounts.

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may arise. 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, including biological assets, are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	4% straight line
Plant & machinery	-	20% straight line
Fixtures, fittings and equipment	-	10-25% straight line
Motor vehicles	-	10% straight line
Farm animals	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

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 stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest rate method.

4. Employee numbers

The average number of employees during the year was 62 (2024: 60 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Farm animals	Total
	£	£	£	£	£	£
Cost
At 1 Jan 2025	1,377,302	175,693	595,253	28,282	7,090	2,183,620
Additions	72,921	13,464	58,154	–	–	144,539
Disposals	–	–	–	–	( 773)	( 773)
	-----------	---------	---------	-------	------	-----------
At 31 Dec 2025	1,450,223	189,157	653,407	28,282	6,317	2,327,386
	-----------	---------	---------	-------	------	-----------
Depreciation
At 1 Jan 2025	911,520	138,443	306,427	8,194	3,075	1,367,659
Charge for the year	54,649	14,671	76,557	2,828	1,417	150,122
Disposals	–	–	–	–	( 605)	( 605)
	-----------	---------	---------	-------	------	-----------
At 31 Dec 2025	966,169	153,114	382,984	11,022	3,887	1,517,176
	-----------	---------	---------	-------	------	-----------
Carrying amount
At 31 Dec 2025	484,054	36,043	270,423	17,260	2,430	810,210
	-----------	---------	---------	-------	------	-----------
At 31 Dec 2024	465,782	37,250	288,826	20,088	4,015	815,961
	-----------	---------	---------	-------	------	-----------

6. Investments

	Other investments other than loans
	£
Cost
At 1 Jan 2025 and 31 Dec 2025	20
	----
Impairment
At 1 Jan 2025 and 31 Dec 2025	–
	----

Carrying amount
At 31 Dec 2025	20
	----
At 31 Dec 2024	20
	----

7. Debtors

	2025	2024
	£	£
Trade debtors	8,608	20,450
Deferred tax asset	18,977	2,330
Prepayments and accrued income	113,200	39,446
	---------	-------
	140,785	62,226
	---------	-------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Deferred tax asset	18,977	2,330
	-------	------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	4,167	19,660
Trade creditors	125,229	133,256
Accruals and deferred income	65,558	87,554
Social security and other taxes	19,436	19,231
Obligations under finance leases and hire purchase contracts	–	22,019
Director loan accounts	854,577	470,114
Other loans	121,106	137,319
Other creditors	2,540	2,541
	-----------	---------
	1,192,613	891,694
	-----------	---------

The following liabilities disclosed under Creditors: amounts falling due within one year are secured by the company: 2025 2024 £ £

Bank loans and overdrafts	4,167	19,660
Obligations under hire purchase contracts	–	22,019

The bank loans and overdrafts are secured by way of a charge over the leasehold property and a fixed and floating charge over the assets of the company. Obligations under hire purchase contracts were secured over the assets concerned.

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

	2025	2024
	£	£
Bank loans and overdrafts	–	4,133
Director loan accounts	177,765	177,765
Other loans	263,991	338,507
	---------	---------
	441,756	520,405
	---------	---------

Included within creditors: amounts falling due after more than one year is a directors loan amount of £131,479 (2024: £131,479) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years. The following liabilities disclosed under creditors falling due later than one year are secured by the company: 2025 2024 £ £

Bank loans and overdraft			-	4,133

The bank loans and overdrafts are secured by way of a charge over the leasehold property and a fixed and floating charge over the assets of the company.

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	------

11. Other financial commitments

The total future minimum lease payments under non-cancellable operating leases are £ 20,000 (2024: £ 20,000 ).