Company No: 12605285 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	28.02.2026		31.05.2025
		£		£
Fixed assets
Tangible assets	3	540,642		555,694
Investments	4	4		4
		540,646		555,698
Current assets
Debtors	5	21,753		157,821
Cash at bank and in hand		296		526
		22,049		158,347
Creditors: amounts falling due within one year	6	( 171,778)		( 226,596)
Net current liabilities		(149,729)		(68,249)
Total assets less current liabilities		390,917		487,449
Creditors: amounts falling due after more than one year	7	( 2,233)		0
Net assets		388,684		487,449
Capital and reserves
Called-up share capital	8	1		1
Undistributable reserve		424,867		460,604
Profit and loss account		( 36,184 )		26,844
Total shareholder's funds		388,684		487,449

For the financial period ending 28 February 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Werrens Group Limited (registered number: 12605285) were approved and authorised for issue by the Director on 09 October 2026. They were signed on its behalf by:

S J Werren Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Werrens Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Wycombe End, Beaconsfield, HP9 1NB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Werrens Group Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Reporting period length

The reporting period has been shortened to a 9 month period from 1 June 2025 to 28 February 2026, in order to align with the accounting period of its subsidiary. Accordingly, the comparative figures for the current period and the prior period are not directly comparable.

Turnover

Administration costs relating to Werrens Prestige Limited are recharged to the subsidiary.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Other operating income

Other operating income comprises rental income receivable during the year, which is recognised on a straight-line basis over the term of the tenancy agreement.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 years straight line
Plant and machinery etc.	10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Properties whose fair value can be measured reliably are held under the revaluation model and are carried at a revalued amount, being their fair value at the date of valuation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The fair value of the land and buildings is usually considered to be their market value.

Revaluation gains and losses are recognised in other comprehensive income and accumulated in equity, except to the extent that a revaluation gain reverses a revaluation loss previously recognised in profit or loss or a revaluation loss exceeds the accumulated revaluation gains recognised in equity; such gains and losses are recognised in profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	Period from 01.06.2025 to 28.02.2026		Year ended 31.05.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	1		1

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 June 2025	0		574,856		574,856
Additions	28,062		0		28,062
At 28 February 2026	28,062		574,856		602,918
Accumulated depreciation
At 01 June 2025	0		19,162		19,162
Charge for the financial period	0		43,114		43,114
At 28 February 2026	0		62,276		62,276
Net book value
At 28 February 2026	28,062		512,580		540,642
At 31 May 2025	0		555,694		555,694

Plant and machinery was revalued on acquisition by Hill Valuation Services, an independent valuer not connected with the company on the basis of market value. The director consider that this valuation reflects the fair value of the assets acquired.

The revaluation surplus is non distributable.

If the assets were measured using the cost model, the net book value of the assets would be £87,713 (2025: £95,090).

4. Fixed asset investments

Investments in subsidiaries

	28.02.2026
	£
Cost
At 01 June 2025	4
At 28 February 2026	4
Carrying value at 28 February 2026	4
Carrying value at 31 May 2025	4

5. Debtors

	28.02.2026		31.05.2025
	£		£
Trade debtors	0		64,900
Amounts owed by related parties	5,920		92,921
Other debtors	15,833		0
	21,753		157,821

6. Creditors: amounts falling due within one year

	28.02.2026		31.05.2025
	£		£
Trade creditors	97,242		0
Amounts owed to related parties	27,844		115,393
Taxation and social security	10,536		7,648
Obligations under finance leases and hire purchase contracts (secured)	2,040		12,429
Other creditors	34,116		91,126
	171,778		226,596

Hire purchase liabilities of £2,040 (2025: £12,429) are secured on the assets which they relate to.

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

	28.02.2026		31.05.2025
	£		£
Other creditors	2,233		0

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	28.02.2026		31.05.2025
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	28.02.2026		31.05.2025
	£		£
Within one year	60,000		60,000
Between one and five years	0		45,000
	60,000		105,000

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as above.

10. Related party transactions

The company has taken advantage of the exemption contained in paragraph 33.1A of FRS 102 and has therefore not disclosed transactions or balances with wholly owned subsidiary undertakings within the group.