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REGISTERED NUMBER: 04294882 (England and Wales)











WIGGIN BURCHSMITH & VERDE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2023






WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 8

WIGGIN BURCHSMITH & VERDE LIMITED

COMPANY INFORMATION
for the year ended 30 September 2023







DIRECTOR: Miss N Edwards-Dixon





SECRETARY: Miss N Edwards-Dixon





REGISTERED OFFICE: Lygon House
50 London Road
Bromley
Kent
BR1 3RA





REGISTERED NUMBER: 04294882 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)

BALANCE SHEET
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 27,092 6,913
27,092 6,913

CURRENT ASSETS
Stocks 42,000 42,000
Debtors 6 33,694 21,576
Cash at bank 44,366 16,771
120,060 80,347
CREDITORS
Amounts falling due within one year 7 101,947 65,279
NET CURRENT ASSETS 18,113 15,068
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,205

21,981

CREDITORS
Amounts falling due after more than one
year

8

18,417

21,333
NET ASSETS 26,788 648

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 26,688 548
SHAREHOLDERS' FUNDS 26,788 648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)

BALANCE SHEET - continued
30 September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 February 2024 and were signed by:





Miss N Edwards-Dixon - Director


WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Wiggin Burchsmith & Verde 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on 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 Statement of Income and Retained Earnings, 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.

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.

WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 191,900
AMORTISATION
At 1 October 2022
and 30 September 2023 191,900
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022 33,492 47,764 29,852 111,108
Additions 26,000 - 951 26,951
At 30 September 2023 59,492 47,764 30,803 138,059
DEPRECIATION
At 1 October 2022 30,622 46,908 26,665 104,195
Charge for year 5,774 171 827 6,772
At 30 September 2023 36,396 47,079 27,492 110,967
NET BOOK VALUE
At 30 September 2023 23,096 685 3,311 27,092
At 30 September 2022 2,870 856 3,187 6,913

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings - 1,530
Other debtors 33,694 20,046
33,694 21,576

WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 8,000
Hire purchase contracts (see note 9) 6,500 -
Trade creditors 26,131 31,642
Amounts owed to group undertakings 952 -
Taxation and social security 8,015 22,057
Other creditors 60,349 3,580
101,947 65,279

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 21,333
Hire purchase contracts (see note 9) 18,417 -
18,417 21,333

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst - 21,333

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 6,500 -
Between one and five years 18,417 -
24,917 -

Non-cancellable operating leases
2023 2022
£    £   
Within one year 42,000 42,000
Between one and five years 168,000 168,000
In more than five years 588,000 630,000
798,000 840,000

WIGGIN BURCHSMITH & VERDE LIMITED (REGISTERED NUMBER: 04294882)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2023

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss N Edwards-Dixon.

The immediate parent company is Edwards Dixon Ltd.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WIGGIN BURCHSMITH & VERDE 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 Wiggin Burchsmith & Verde Limited for the year ended 30 September 2023 which comprise the Statement of income and retained earnings, 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 Wiggin Burchsmith & Verde Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wiggin Burchsmith & Verde Limited and state those matters that we have agreed to state to the director of Wiggin Burchsmith & Verde 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 Wiggin Burchsmith & Verde Limited and its director for our work or for this report.

It is your duty to ensure that Wiggin Burchsmith & Verde 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 Wiggin Burchsmith & Verde Limited. You consider that Wiggin Burchsmith & Verde 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 Wiggin Burchsmith & Verde 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.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


16 February 2024