Company Registration No. 04622567 (England and Wales)
WILTSHIRE & SONS LIMITED
Unaudited accounts
for the year ended 31 December 2023
WILTSHIRE & SONS LIMITED
Unaudited accounts
Contents
WILTSHIRE & SONS LIMITED
Company Information
for the year ended 31 December 2023
Directors
James Wiltshire
Anthony Wiltshire
Company Number
04622567 (England and Wales)
Registered Office
1 RIPON CLOSE
ALLESLEY
COVENTRY
CV5 9DU
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
WILTSHIRE & SONS LIMITED
Statement of financial position
as at 31 December 2023
Intangible assets
4,024
5,365
Tangible assets
7,010
9,069
Cash at bank and in hand
18,031
24,644
Creditors: amounts falling due within one year
(26,646)
(36,589)
Net current liabilities
(3,009)
(1,940)
Total assets less current liabilities
8,025
12,494
Creditors: amounts falling due after more than one year
(6,701)
(10,997)
Called up share capital
100
100
Profit and loss account
1,224
1,397
Shareholders' funds
1,324
1,497
For the year ending 31 December 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 26 February 2024 and were signed on its behalf by
James Wiltshire
Director
Company Registration No. 04622567
WILTSHIRE & SONS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
WILTSHIRE & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04622567. The registered office is 1 RIPON CLOSE, ALLESLEY, COVENTRY, CV5 9DU.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2023
24,000
At 31 December 2023
19,976
WILTSHIRE & SONS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
21,231
30,808
52,039
At 31 December 2023
21,151
30,808
51,959
At 1 January 2023
16,997
25,973
42,970
Charge for the year
1,129
1,209
2,338
At 31 December 2023
17,767
27,182
44,949
At 31 December 2023
3,384
3,626
7,010
At 31 December 2022
4,234
4,835
9,069
Amounts falling due within one year
Trade debtors
5,606
10,005
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,635
6,849
Loans from directors
15,940
24,437
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
6,701
10,997
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
During the year, the company repaid £8497 of a loan from a member of key management personnel. The remaining loan of £15940 is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
WILTSHIRE & SONS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
11
Average number of employees
During the year the average number of employees was 4 (2022: 3).