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Company Registration No. 11700368 (England and Wales)
Wild Daisies Limited Unaudited accounts for the year ended 28 February 2023
Wild Daisies Limited Unaudited accounts Contents
Page
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Wild Daisies Limited Company Information for the year ended 28 February 2023
Directors
GRAY, Christian Andrew GRAY, Lucille Gracie Sally
Company Number
11700368 (England and Wales)
Registered Office
High Loxley Dunsfold Road Loxhill Godalming GU8 4BW England
Accountants
Surrey Hills Accountancy Limited The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH
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Wild Daisies Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
200,238 
70,329 
Investment property
4,338,574 
3,126,698 
4,538,812 
3,197,027 
Current assets
Debtors
639,140 
7,349 
Cash at bank and in hand
20,264 
8,736 
659,404 
16,085 
Creditors: amounts falling due within one year
(278,039)
(25,962)
Net current assets/(liabilities)
381,365 
(9,877)
Total assets less current liabilities
4,920,177 
3,187,150 
Creditors: amounts falling due after more than one year
(4,070,932)
(3,511,326)
Provisions for liabilities
Deferred tax
(147,598)
- 
Net assets/(liabilities)
701,647 
(324,176)
Capital and reserves
Called up share capital
20 
20 
Revaluation reserve
1,000,906 
- 
Profit and loss account
(299,279)
(324,196)
Shareholders' funds
701,647 
(324,176)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by
GRAY, Christian Andrew Director Company Registration No. 11700368
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Wild Daisies Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Wild Daisies Limited is a private company, limited by shares, registered in England and Wales, registration number 11700368. The registered office is High Loxley Dunsfold Road, Loxhill, Godalming, GU8 4BW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% WDV
Computer equipment
33.33% Cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
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 accounts. 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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Wild Daisies Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
- 
85,749 
2,564 
88,313 
Additions
127 
148,250 
1,651 
150,028 
At 28 February 2023
127 
233,999 
4,215 
238,341 
Depreciation
At 1 March 2022
- 
14,745 
3,239 
17,984 
Charge for the year
- 
18,421 
1,698 
20,119 
At 28 February 2023
- 
33,166 
4,937 
38,103 
Net book value
At 28 February 2023
127 
200,833 
(722)
200,238 
At 28 February 2022
- 
71,004 
(675)
70,329 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
3,126,698 
Additions
210,970 
Net gain from fair value adjustments
1,000,906 
At 28 February 2023
4,338,574 
Formal valuation was carried out during the period.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
43,112 
- 
Accrued income and prepayments
33,688 
5,449 
Other debtors
20,000 
1,900 
96,800 
7,349 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
542,340 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,812 
- 
Amounts owed to group undertakings and other participating interests
276,159 
- 
Taxes and social security
68 
- 
Other creditors
- 
10,563 
Accruals
- 
15,399 
278,039 
25,962 
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Wild Daisies Limited Notes to the Accounts for the year ended 28 February 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
4,070,932 
3,511,326 
9
Transactions with related parties
As at 28 February 2022, the company owed the directors £4,070,932.19 (2022 £3,511,326). These amounts are included in director's loans. There are no fixed repayment terms and no interest charged. A loan of £542,339.73 was given to THE GUILDFORD VET LIMITED. The loan is repayable over a 10-year period and carries commercial interest. The repayments are made every quarter. A loan of £40,745 was given to IVY CASTLE INVESTMENTS LIMITED. There are no fixed repayment terms and no interest charged. A loan of £2,367.63 was given to WILD CLOVER LIMITED. There are no fixed repayment terms and no interest charged. A loan of £261,798.19 was received from MEADOWCROFT DEVELOPMENTS LTD. There are no fixed repayment terms and no interest charged. A loan of £14,361.22 was received from THE GUILDFORD VET LIMITED. There are no fixed repayment terms and no interest charged. WILD CLOVER LIMITED, MEADOWCROFT DEVELOPMENTS LTD, IVY CASTLE INVESTMENTS LIMITED, WILLOW STORAGE SOLUTIONS LIMITED and THE GUILDFORD VET LIMITED are associated companies of Wild Daisies Limited
10
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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