Wildcat Facilitation Limited 10315256 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is facilitation and creative services. Digita Accounts Production Advanced 6.30.9574.0 true true 10315256 2022-04-01 2023-03-31 10315256 2023-03-31 10315256 core:RetainedEarningsAccumulatedLosses 2023-03-31 10315256 core:ShareCapital 2023-03-31 10315256 core:CurrentFinancialInstruments 2023-03-31 10315256 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10315256 core:FurnitureFittingsToolsEquipment 2023-03-31 10315256 bus:SmallEntities 2022-04-01 2023-03-31 10315256 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10315256 bus:FullAccounts 2022-04-01 2023-03-31 10315256 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 10315256 bus:RegisteredOffice 2022-04-01 2023-03-31 10315256 bus:Director1 2022-04-01 2023-03-31 10315256 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10315256 bus:Agent1 2022-04-01 2023-03-31 10315256 core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 10315256 core:ShareCapital 2022-04-01 2023-03-31 10315256 core:ComputerEquipment 2022-04-01 2023-03-31 10315256 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 10315256 countries:EnglandWales 2022-04-01 2023-03-31 10315256 2022-03-31 10315256 core:RetainedEarningsAccumulatedLosses 2022-03-31 10315256 core:ShareCapital 2022-03-31 10315256 core:FurnitureFittingsToolsEquipment 2022-03-31 10315256 2021-04-01 2022-03-31 10315256 2022-03-31 10315256 core:RetainedEarningsAccumulatedLosses 2022-03-31 10315256 core:ShareCapital 2022-03-31 10315256 core:CurrentFinancialInstruments 2022-03-31 10315256 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 10315256 core:FurnitureFittingsToolsEquipment 2022-03-31 10315256 core:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 10315256 core:ShareCapital 2021-04-01 2022-03-31 10315256 2021-03-31 10315256 core:RetainedEarningsAccumulatedLosses 2021-03-31 10315256 core:ShareCapital 2021-03-31 iso4217:GBP xbrli:pure

Registration number: 10315256

Wildcat Facilitation Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

image-name
 

Wildcat Facilitation Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Statement of Changes in Equity

4

Notes to the Unaudited Financial Statements

5 to 10

 

Wildcat Facilitation Limited

Company Information

Director

Amanda Jane Neil

Registered office

2 Higher Tolbury
Bruton
BA10 0DJ

Accountants

Easterbrook Eaton Limited
Chartered Accountants
8 Jesu Street
Ottery St Mary
Devon
EX11 1EU

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Wildcat Facilitation Limited
for the Year Ended 31 March 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wildcat Facilitation Limited for the year ended 31 March 2023 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Wildcat Facilitation Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Wildcat Facilitation Limited and state those matters that we have agreed to state to the Board of Directors of Wildcat Facilitation Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wildcat Facilitation Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Wildcat Facilitation Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wildcat Facilitation Limited. You consider that Wildcat Facilitation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Wildcat Facilitation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Easterbrook Eaton Limited
Chartered Accountants
8 Jesu Street
Ottery St Mary
Devon
EX11 1EU

7 August 2023

image-name
 

Wildcat Facilitation Limited

(Registration number: 10315256)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

1,966

2,645

Current assets

 

Debtors

5

9,499

7,590

Cash at bank and in hand

 

90,418

82,958

 

99,917

90,548

Creditors: Amounts falling due within one year

6

(29,630)

(27,411)

Net current assets

 

70,287

63,137

Net assets

 

72,253

65,782

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

72,252

65,781

Shareholders' funds

 

72,253

65,782

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 August 2023
 

.........................................
Amanda Jane Neil
Director

 

Wildcat Facilitation Limited

Statement of Changes in Equity for the Year Ended 31 March 2023

Share capital
£

Retained earnings
£

Total
£

At 1 April 2022

1

65,781

65,782

Profit for the year

-

29,471

29,471

Dividends

-

(23,000)

(23,000)

At 31 March 2023

1

72,252

72,253

Share capital
£

Profit and loss account
£

Total
£

At 1 April 2021

1

67,337

67,338

Profit for the year

-

22,444

22,444

Total comprehensive income

-

22,444

22,444

Dividends

-

(24,000)

(24,000)

At 31 March 2022

1

65,781

65,782

 

Wildcat Facilitation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Higher Tolbury
Bruton
BA10 0DJ

These financial statements were authorised for issue by the director on 7 August 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Wildcat Facilitation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

15% reducing balance basis

Computer equipment

50% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Wildcat Facilitation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

 

Wildcat Facilitation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2022

4,543

4,543

At 31 March 2023

4,543

4,543

Depreciation

At 1 April 2022

1,898

1,898

Charge for the year

679

679

At 31 March 2023

2,577

2,577

Carrying amount

At 31 March 2023

1,966

1,966

At 31 March 2022

2,645

2,645

5

Debtors

Current

2023
£

2022
£

Trade debtors

9,384

7,590

Prepayments

115

-

 

9,499

7,590

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

11,767

8,875

Accruals and deferred income

1,850

1,850

Other creditors

16,013

16,686

29,630

27,411

7

Share capital

Allotted, called up and fully paid shares

 

Wildcat Facilitation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

         

8

Dividends

   

2023

 

2022

   

£

 

£

Interim dividend of £23,000.00 (2022 - £24,000.00) per ordinary share

 

23,000

 

24,000

         

9

Related party transactions

 

Wildcat Facilitation Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

12,540

12,540

Contributions paid to money purchase schemes

40,000

40,000

52,540

52,540