Wilson Briggs & Sons Limited 28/02/2023 iXBRL

Company registration number: 00435795

Wilson Briggs & Sons Limited

Unaudited filleted financial statements

28 February 2023

Wilson Briggs & Sons Limited

Directors and other information


	Directors	Mr S B Oakes
		Mrs J Oakes


	Secretary	Mrs J Oakes


	Company number	00435795


	Registered office	Heritage Exchange
		South Lane
		Elland
		West Yorkshire
		HX5 0HG


	Accountants	Hodgson Hey Limited
		Heritage Exchange
		South Lane
		Elland
		West Yorkshire
		HX5 0HG




	Bankers	HSBC Bank plc
		Market Place
		Dewsbury
		West Yorkshire
		WF13 1DH

Wilson Briggs & Sons Limited

Statement of financial position

28 February 2023

		2023		2022
	Note	£	£	£	£

Fixed assets
Investments	5	526,242		-
		_______		_______
			526,242		-

Current assets
Debtors	6	162		315
Cash at bank and in hand		510		526,621
		_______		_______
		672		526,936
Creditors: amounts falling due
within one year	7	( 6,100)		( 600)
		_______		_______
Net current (liabilities)/assets			( 5,428)		526,336
			_______		_______
Total assets less current liabilities			520,814		526,336

			_______		_______
Net assets			520,814		526,336
			_______		_______

Capital and reserves
Called up share capital			7,050		7,050
Capital redemption reserve			3,150		3,150
Profit and loss account			510,614		516,136
			_______		_______
Shareholders funds			520,814		526,336
			_______		_______

For the year ending 28 February 2023 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 08 September 2023 , and are signed on behalf of the board by:

Mr S B Oakes

Director

Company registration number: 00435795

Wilson Briggs & Sons Limited

Notes to the financial statements

Year ended 28 February 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Wilson Briggs & Sons Limited, Heritage Exchange, South Lane, Elland, West Yorkshire, HX5 0HG.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Staff costs

The average number of persons employed by the company during the year amounted to Nil (2022: 1 ).

The aggregate payroll costs incurred during the year were:

	2023	2022
	£	£
Wages and salaries	-	404
Other pension costs	-	500
	_______	_______
	-	904
	_______	_______

5. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 March 2022	-	-
Additions	526,242	526,242
	_______	_______
At 28 February 2023	526,242	526,242
	_______	_______
Impairment
At 1 March 2022 and 28 February 2023	-	-
	_______	_______
Carrying amount
At 28 February 2023	526,242	526,242
	_______	_______
At 28 February 2022	-	-
	_______	_______

6. Debtors

	2023	2022
	£	£
Other debtors	162	315
	_______	_______

7. Creditors: amounts falling due within one year

	2023	2022
	£	£
Other creditors	6,100	600
	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2023
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr S B Oakes	-	( 2,750)	( 2,750)
	Mrs J Oakes	-	( 2,750)	( 2,750)
		_______	_______	_______
		-	( 5,500)	( 5,500)
		_______	_______	_______

2022
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr S B Oakes	-	-	-
	Mrs J Oakes	-	-	-
		_______	_______	_______

9. Controlling party

The company was controlled throughout the year by the directors who own 100% of the issued share capital.