REGISTERED NUMBER: 11461580 (England and Wales)

Financial Statements

for the Year Ended 31 July 2026

for

West Somerset Lagoon Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Kerr

S C Pickard

C Binnie

R Falconer

Ms J B Barfield

A C B Clegg

REGISTERED OFFICE:

The Old Post Office

41 - 43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

11461580 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

CURRENT ASSETS

Debtors

4

15,201

19,916

Cash at bank

13,577

12,649

28,778

32,565

CREDITORS

Amounts falling due within one year

5

62,175

42,505

NET CURRENT LIABILITIES

(33,397

)

(9,940

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,397

)

(9,940

)

CAPITAL AND RESERVES

Called up share capital

18,138

13,527

Share premium

1,473

1,473

Retained earnings

(53,008

)

(24,940

)

SHAREHOLDERS' FUNDS

(33,397

)

(9,940

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 November 2026 and were signed on its behalf by:

D Kerr - Director

1.	STATUTORY INFORMATION

West Somerset Lagoon 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 5 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Other debtors

15,201

19,916

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Other creditors

62,175

42,505

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2026 and 31 July 2025:

31.7.26

31.7.25

£

£

C Binnie

Balance outstanding at start of year

(10,000

)

-

Amounts repaid

-

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,000

)

(10,000

)

D Kerr

Balance outstanding at start of year

(10,000

)

-

Amounts repaid

-

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,000

)

(10,000

)

S C Pickard

Balance outstanding at start of year

(5,500

)

-

Amounts repaid

-

(5,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,500

)

(5,500

)

R Falconer

Balance outstanding at start of year

(5,500

)

-

Amounts repaid

-

(5,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,500

)

(5,500

)

Ms J B Barfield

Balance outstanding at start of year

-

-

Amounts repaid

(9,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,000

)

-

A C B Clegg

Balance outstanding at start of year

-

-

Amounts repaid

(4,588

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,588

)

-

Directors Loan accounts at the year end are as follows:

Mr D Kerr

£10,000 Loan

£1,064 Expenses this year

£4,751 Expenses from previous years

£15,815 Total

Mr S C Pickard:

£5,500 Loan

(£1) Expenses this year

£679 Expenses from previous years

£6,178 Total

Mr C Binnie:

£10,000 Loan

£1,938 Expenses this year

£3,145 Expenses from previous years

£15,083 Total

Mr R Falconer:

£5,500 Loan

£679 Expenses this year

£2,227 Expenses from previous years

£8,406 Total

Ms J B Barfield:

£9,000 Loan

(£14) Expenses this year

£8,986 Total

Mr A C B Clegg:

£4,588 Loan

£2,040 Expenses this year

£6,628 Total