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REGISTERED NUMBER: 05342762 (England and Wales)















Wildtrackers Ltd

Unaudited Financial Statements

for the Year Ended 31 January 2023






Wildtrackers Ltd (Registered number: 05342762)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Wildtrackers Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTOR: A Dacey





REGISTERED OFFICE: The Estate Yard
Glanusk
Crickhowell
Powys
NP8 1LP





REGISTERED NUMBER: 05342762 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Wildtrackers Ltd (Registered number: 05342762)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 254,875 231,580

CURRENT ASSETS
Stocks 32,450 33,700
Debtors 5 74,069 116,726
Cash at bank 122 31,385
106,641 181,811
CREDITORS
Amounts falling due within one year 6 180,566 138,710
NET CURRENT (LIABILITIES)/ASSETS (73,925 ) 43,101
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,950

274,681

CREDITORS
Amounts falling due after more than one year 7 (130,206 ) (228,440 )

PROVISIONS FOR LIABILITIES (29,336 ) (24,792 )
NET ASSETS 21,408 21,449

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,308 21,349
SHAREHOLDERS' FUNDS 21,408 21,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 27 October 2023 and were signed by:



A Dacey - Director


Wildtrackers Ltd (Registered number: 05342762)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Wildtrackers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 the work performed to date to the total estimated contract costs

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings and Plant and Equipment - 25% Straight line
Motor Vehicles - 20% Reducing balance

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.

Wildtrackers Ltd (Registered number: 05342762)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 February 2022 101,672 139,655 15,152 169,172 425,651
Additions - - - 77,242 77,242
Disposals - - - (21,907 ) (21,907 )
At 31 January 2023 101,672 139,655 15,152 224,507 480,986
DEPRECIATION
At 1 February 2022 - 124,750 13,473 55,848 194,071
Charge for year - 5,226 809 32,129 38,164
Eliminated on disposal - - - (6,124 ) (6,124 )
At 31 January 2023 - 129,976 14,282 81,853 226,111
NET BOOK VALUE
At 31 January 2023 101,672 9,679 870 142,654 254,875
At 31 January 2022 101,672 14,905 1,679 113,324 231,580

Wildtrackers Ltd (Registered number: 05342762)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 February 2022 94,139
Transfer to ownership (11,250 )
At 31 January 2023 82,889
DEPRECIATION
At 1 February 2022 25,996
Charge for year 12,189
Transfer to ownership (4,050 )
At 31 January 2023 34,135
NET BOOK VALUE
At 31 January 2023 48,754
At 31 January 2022 68,143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 40,754 48,490
Other debtors 33,315 68,236
74,069 116,726

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 65,046 54,139
Hire purchase contracts 18,201 9,768
Taxation and social security 42,166 49,713
Other creditors 55,153 25,090
180,566 138,710

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 100,716 165,971
Hire purchase contracts 29,490 62,469
130,206 228,440

Wildtrackers Ltd (Registered number: 05342762)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
A Dacey
Balance outstanding at start of year 60,486 55,379
Amounts advanced 13,719 50,504
Amounts repaid (47,391 ) (45,397 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,814 60,486

9. ULTIMATE CONTROLLING PARTY

The controlling party is A Dacey.