REGISTERED NUMBER: 12341949 (England and Wales)

Wilstone House & Gardens Ltd

Unaudited Financial Statements

for the Year Ended 31 January 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C H McKinnon-Wood

SECRETARY:

Miss C L S Homersham

REGISTERED OFFICE:

Wilstone House

Cardington

Church Stretton

SHROPSHIRE

SY67HW

REGISTERED NUMBER:

12341949 (England and Wales)

ACCOUNTANTS:

Streets Dyke Ruscoe Ltd

110 Corve Street

Ludlow

SHROPSHIRE

SY8 1DJ

FIXED ASSETS

Tangible assets

4

45,110

55,533

CURRENT ASSETS

Stocks

542,897

518,366

Debtors

5

35,043

36,335

Cash at bank and in hand

20,058

11,814

597,998

566,515

CREDITORS

Amounts falling due within one year

6

160,985

1,109,726

NET CURRENT ASSETS/(LIABILITIES)

437,013

(543,211

)

TOTAL ASSETS LESS CURRENT LIABILITIES

482,123

(487,678

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

482,023

(487,778

)

482,123

(487,678

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2026 and were signed by:

C H McKinnon-Wood - Director

1.	STATUTORY INFORMATION

Wilstone House & Gardens Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on reducing balance

Improvements to property

-

10% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

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 Income Statement, 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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 February 2025

8,283

2,646

6,785

Additions

-

-

3,280

At 31 January 2026

8,283

2,646

10,065

DEPRECIATION

At 1 February 2025

2,245

857

3,073

Charge for year

604

178

1,026

At 31 January 2026

2,849

1,035

4,099

NET BOOK VALUE

At 31 January 2026

5,434

1,611

5,966

At 31 January 2025

6,038

1,789

3,712

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

4,036

52,785

25,778

100,313

Additions

-

-

-

3,280

At 31 January 2026

4,036

52,785

25,778

103,593

DEPRECIATION

At 1 February 2025

1,581

27,283

9,741

44,780

Charge for year

491

6,376

5,028

13,703

At 31 January 2026

2,072

33,659

14,769

58,483

NET BOOK VALUE

At 31 January 2026

1,964

19,126

11,009

45,110

At 31 January 2025

2,455

25,502

16,037

55,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

7,227

71

Prepayments

27,816

36,264

35,043

36,335

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

4,255

448,024

Social security and other taxes

5,206

3,188

VAT

12,182

3,649

Other creditors

593

593

Amounts owing to a related

party

85,198

599,653

Directors' current accounts

13

94

Accruals and deferred income

53,538

54,525

160,985

1,109,726

7.	RELATED PARTY DISCLOSURES

During the year the company engaged in transactions with Kadai Limited a connected company. Over a historical period of approximately five years, intercompany trading and financing balances have accumulated in the ordinary course of business, comprising:

Working capital and joint overhead funding: Intercompany cash advances and net recharges for shared operational, administrative, and facility costs built up over time, amounting to £683,509

Unsettled inventory and stock movements: Commercial transfers of trading stock supplied by the company that remain unpaid within reciprocal trading ledger balances, amounting to £366,491

Prior to the year end review, the total gross balance due to the company was £1,050,000 (2025: £1,044,418).

The amounts advanced and trading balances were unsecured, interest free and had no fixed terms of repayment.

During the financial year, the director conducted a formal recoverability review of the amounts owed to the connected company, taking into account the connected company's balance sheet position, net liabilities and future cash generation capacity. Following this assessment, the director concluded that there is no realistic prospect of recovering the debt.

Consequently, the outstanding balance of £1,050,000 was formally written off in full via a formal Deed of Waiver during the year and recognised as an exceptional item in the profit and loss