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REGISTERED NUMBER: 01860187 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Wildman (Construction) Limited

Wildman (Construction) Limited (Registered number: 01860187)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Wildman (Construction) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: J Taylor





SECRETARY: Mrs E Taylor





REGISTERED OFFICE: 29 Devizes Road
Swindon
Wiltshire
SN1 4BG





REGISTERED NUMBER: 01860187 (England and Wales)





ACCOUNTANTS: PPS Chartered Accountants
29 Devizes Road
Swindon
Wiltshire
SN1 4BG

Wildman (Construction) Limited (Registered number: 01860187)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,421 91,928
Investment property 5 290,000 275,000
356,421 366,928

CURRENT ASSETS
Debtors 6 105,691 123,075
Cash at bank 223,383 71,715
329,074 194,790
CREDITORS
Amounts falling due within one year 7 211,690 164,181
NET CURRENT ASSETS 117,384 30,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

473,805

397,537

CREDITORS
Amounts falling due after more than one
year

8

(24,100

)

(34,517

)

PROVISIONS FOR LIABILITIES (54,395 ) (56,577 )
NET ASSETS 395,310 306,443

CAPITAL AND RESERVES
Called up share capital 10 105 105
Retained earnings 395,205 306,338
SHAREHOLDERS' FUNDS 395,310 306,443

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Wildman (Construction) Limited (Registered number: 01860187)

Balance Sheet - continued
31 March 2023


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 12 October 2023 and were signed by:





J Taylor - Director


Wildman (Construction) Limited (Registered number: 01860187)

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

1. STATUTORY INFORMATION

Wildman (Construction) Limited 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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, rebates and value added tax. Revenue from the sales of goods is recognised when the significant risks and rewards of ownership have passed to the buyer, usually on despatch of the goods. Revenue from a contract to provide services is recognised by reference to the stage of completion of the contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Wildman (Construction) Limited (Registered number: 01860187)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 258,355 7,157 55,051 320,563
Additions 8,995 - 17,250 26,245
Disposals (60,050 ) - - (60,050 )
At 31 March 2023 207,300 7,157 72,301 286,758
DEPRECIATION
At 1 April 2022 173,202 6,393 49,040 228,635
Charge for year 7,742 115 9,605 17,462
Eliminated on disposal (25,760 ) - - (25,760 )
At 31 March 2023 155,184 6,508 58,645 220,337
NET BOOK VALUE
At 31 March 2023 52,116 649 13,656 66,421
At 31 March 2022 85,153 764 6,011 91,928

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 275,000
Revaluations 15,000
At 31 March 2023 290,000
NET BOOK VALUE
At 31 March 2023 290,000
At 31 March 2022 275,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2021 103,162
Valuation in 2022 33,000
Valuation in 2023 15,000
Cost 138,838
290,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 90 -
Amounts recoverable on contract 104,750 102,750
Other debtors 851 20,325
105,691 123,075

Wildman (Construction) Limited (Registered number: 01860187)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,068 24,872
Trade creditors 117,795 102,784
Taxation and social security 58,634 25,801
Other creditors 25,193 10,724
211,690 164,181

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 24,100 34,517

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 34,168 59,389

The company's bank overdraft and loan facility are secured by way of a Mortgage Deed, which includes a charge on freehold property together with a fixed and floating charge over all the assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100
5 "A" Ordinary £1 5 5
105 105

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Taylor.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Wildman (Construction) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wildman (Construction) Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Wildman (Construction) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wildman (Construction) Limited and state those matters that we have agreed to state to the director of Wildman (Construction) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wildman (Construction) Limited and its director for our work or for this report.

It is your duty to ensure that Wildman (Construction) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wildman (Construction) Limited. You consider that Wildman (Construction) 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 financial statements of Wildman (Construction) 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 financial statements.






PPS Chartered Accountants
29 Devizes Road
Swindon
Wiltshire
SN1 4BG


12 October 2023