Company Registration No. 10152483 (England and Wales)
Bulworthy Lodges Ltd
Unaudited accounts
for the year ended 31 March 2026
Bulworthy Lodges Ltd
Unaudited accounts
Contents
Bulworthy Lodges Ltd
Company Information
for the year ended 31 March 2026
Company Number
10152483 (England and Wales)
Registered Office
Bulworthy Forest House
Webbery
Bideford
EX39 4PU
Accountants
Westerly Accountancy Ltd
24 Orchard Road
Wrafton
Braunton
EX33 2DZ
Bulworthy Lodges Ltd
Statement of financial position
as at 31 March 2026
Intangible assets
352,536
374,230
Tangible assets
709,720
716,136
Cash at bank and in hand
21,429
15,465
Creditors: amounts falling due within one year
(44,735)
(55,912)
Net current liabilities
(22,907)
(38,797)
Total assets less current liabilities
1,039,349
1,051,569
Creditors: amounts falling due after more than one year
(873,961)
(896,760)
Net assets
165,388
154,809
Called up share capital
100
100
Profit and loss account
165,288
154,709
Shareholders' funds
165,388
154,809
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 her 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 13 October 2026 and were signed on its behalf by
Elizabeth Wilton
Director
Company Registration No. 10152483
Bulworthy Lodges Ltd
Notes to the Accounts
for the year ended 31 March 2026
Bulworthy Lodges Ltd is a private company, limited by shares, registered in England and Wales, registration number 10152483. The registered office is Bulworthy Forest House, Webbery, Bideford, EX39 4PU.
2
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
Buildings - Straight line 40 years
Plant & machinery
Straight line 3-5 years
Motor vehicles
Straight line 3 years
Fixtures & fittings
Straight line 5 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - 20 years straight line
4
Intangible fixed assets
Goodwill
Charge for the year
21,694
Bulworthy Lodges Ltd
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
732,432
27,151
5,733
11,617
776,933
Additions
-
-
-
17,076
17,076
At 31 March 2026
732,432
27,151
5,733
28,693
794,009
At 1 April 2025
38,999
12,250
5,255
4,293
60,797
Charge for the year
14,993
5,413
478
2,608
23,492
At 31 March 2026
53,992
17,663
5,733
6,901
84,289
At 31 March 2026
678,440
9,488
-
21,792
709,720
At 31 March 2025
693,433
14,901
478
7,324
716,136
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
29,689
29,689
Taxes and social security
8,933
22,597
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
547,886
562,243
Loans from directors
326,075
334,517
The loan to Nat West bank plc is secured and repayable by Jan-45. Interest is payable at 7.04% for 5 years and then 2.3% above base rate thereafter.
9
Average number of employees
During the year the average number of employees was 6 (2025: 9).