Company Registration No. 12137207 (England and Wales)
Wilman & Lodge Limited
Unaudited accounts
for the year ended 31 March 2023
Wilman & Lodge Limited
Unaudited accounts
Contents
Wilman & Lodge Limited
Company Information
for the year ended 31 March 2023
Directors
J Matthews
T Matthews
Company Number
12137207 (England and Wales)
Registered Office
77 Main Street
Crosshill
Keighley
BD20 8PH
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
Wilman & Lodge Limited
Statement of financial position
as at 31 March 2023
Tangible assets
2,524,741
2,527,939
Cash at bank and in hand
49,393
35,102
Creditors: amounts falling due within one year
(109,451)
(93,915)
Net current liabilities
(8,538)
(9,227)
Total assets less current liabilities
2,516,203
2,518,712
Creditors: amounts falling due after more than one year
(989,807)
(989,807)
Net assets
1,526,396
1,528,905
Called up share capital
1,350,012
1,350,012
Profit and loss account
176,384
178,893
Shareholders' funds
1,526,396
1,528,905
For the 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. 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 6 November 2023 and were signed on its behalf by
T Matthews
Director
Company Registration No. 12137207
Wilman & Lodge Limited
Notes to the Accounts
for the year ended 31 March 2023
Wilman & Lodge Limited is a private company, limited by shares, registered in England and Wales, registration number 12137207. The registered office is 77 Main Street, Crosshill, Keighley, BD20 8PH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
2,510,899
16,020
6,989
2,533,908
At 31 March 2023
2,510,899
16,020
7,197
2,534,116
At 1 April 2022
-
5,200
769
5,969
Charge for the year
-
2,705
701
3,406
At 31 March 2023
-
7,905
1,470
9,375
At 31 March 2023
2,510,899
8,115
5,727
2,524,741
At 31 March 2022
2,510,899
10,820
6,220
2,527,939
Wilman & Lodge Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
44,198
42,327
Accrued income and prepayments
7,322
7,259
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
14,885
28,123
Taxes and social security
43,860
48,643
Loans from directors
46,290
16,037
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
989,807
989,807
8
Average number of employees
During the year the average number of employees was 10 (2022: 10).