Registration number: 16501149

W. Moorcroft Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

W. Moorcroft Limited

(Registration number: 16501149)
Balance Sheet as at 30 June 2026

	Note	2026 £
Fixed assets
Intangible assets	4	118,378
Tangible assets	5	451,689
		570,067
Current assets
Stocks	6	1,077,267
Debtors	7	20,205
Cash at bank and in hand		100,604
		1,198,076
Creditors: Amounts falling due within one year	8	(218,781)
Net current assets		979,295
Total assets less current liabilities		1,549,362
Creditors: Amounts falling due after more than one year	8	(1,520,723)
Net assets		28,639
Capital and reserves
Called up share capital		100
Retained earnings		28,539
Shareholders' funds		28,639

W. Moorcroft Limited

(Registration number: 16501149)
Balance Sheet as at 30 June 2026

For the financial period ending 30 June 2026 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 accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 October 2026 and signed on its behalf by:
 

......................................... Mr W J Moorcroft Director

W. Moorcroft Limited

Notes to the Unaudited Financial Statements for the Period from 6 June 2025 to 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Moorcroft Factory
Sandbach Road
Stoke-on-Trent
Staffordshire
ST6 2DQ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

W. Moorcroft Limited

Notes to the Unaudited Financial Statements for the Period from 6 June 2025 to 30 June 2026

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, 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.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	Not depreciated
Furniture and fittings	20% reducing balance
Plant and machinery	20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Not amortised

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

W. Moorcroft Limited

Notes to the Unaudited Financial Statements for the Period from 6 June 2025 to 30 June 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 36.

W. Moorcroft Limited

Notes to the Unaudited Financial Statements for the Period from 6 June 2025 to 30 June 2026

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	118,378	118,378
At 30 June 2026	118,378	118,378
Amortisation
Carrying amount
At 30 June 2026	118,378	118,378

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
Additions	431,428	12,826	12,500	456,754
At 30 June 2026	431,428	12,826	12,500	456,754
Depreciation
Charge for the period	-	2,565	2,500	5,065
At 30 June 2026	-	2,565	2,500	5,065
Carrying amount
At 30 June 2026	431,428	10,261	10,000	451,689

Included within the net book value of land and buildings above is £431,428 in respect of freehold land and buildings.
 

6

Stocks

	2026 £
Work in progress	60,000
Other inventories	1,017,267
	1,077,267

W. Moorcroft Limited

Notes to the Unaudited Financial Statements for the Period from 6 June 2025 to 30 June 2026

7

Debtors

Current	2026 £
Trade debtors	7,750
Other debtors	12,455
	20,205

8

Creditors

Creditors: amounts falling due within one year

	2026 £
Due within one year
Trade creditors	31,464
Taxation and social security	136,927
Accruals and deferred income	37,164
Other creditors	13,226
	218,781

Creditors: amounts falling due after more than one year

	2026 £
Due after one year
Loans and borrowings	1,520,723