IRIS Accounts Production v23.3.1.45 SC681609 director 1.12.21 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6816092021-11-30SC6816092023-03-31SC6816092021-12-012023-03-31SC6816092020-11-19SC6816092020-11-202021-11-30SC6816092021-11-30SC681609ns10:Originalns15:Scotland2021-12-012023-03-31SC681609ns14:PoundSterlingns10:Original2021-12-012023-03-31SC681609ns10:Originalns10:Director12021-12-012023-03-31SC681609ns10:Original2021-12-012023-03-31SC681609ns10:Original2023-03-31SC681609ns10:Originalns10:PrivateLimitedCompanyLtd2021-12-012023-03-31SC681609ns10:Originalns10:SmallEntities2021-12-012023-03-31SC681609ns10:Originalns10:AuditExemptWithAccountantsReport2021-12-012023-03-31SC681609ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-12-012023-03-31SC681609ns10:SmallCompaniesRegimeForAccountsns10:Original2021-12-012023-03-31SC681609ns10:Originalns10:FullAccounts2021-12-012023-03-31SC681609ns10:CompanySecretary1ns10:Original2021-12-012023-03-31SC681609ns10:Originalns10:RegisteredOffice2021-12-012023-03-31SC681609ns10:Original2021-11-30SC681609ns10:Originalns5:Non-currentFinancialInstruments2023-03-31SC681609ns10:Originalns5:Non-currentFinancialInstruments2021-11-30SC681609ns5:ShareCapitalns10:Original2023-03-31SC681609ns5:ShareCapitalns10:Original2021-11-30SC681609ns10:Original2020-11-202021-11-30SC681609ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31SC681609ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-11-30SC681609ns5:Securedns10:Original2023-03-31SC681609ns5:Securedns10:Original2021-11-30
REGISTERED NUMBER: SC681609 (Scotland)















Unaudited Financial Statements

for the Period 1 December 2021 to 31 March 2023

for

Wilson Developments (Orrs) Ltd

Wilson Developments (Orrs) Ltd (Registered number: SC681609)






Contents of the Financial Statements
for the Period 1 December 2021 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Wilson Developments (Orrs) Ltd

Company Information
for the Period 1 December 2021 to 31 March 2023







DIRECTOR: J S Wilson





SECRETARY: J S Wilson





REGISTERED OFFICE: 29 Brandon Street
Hamilton
Lanarkshire
ML3 6DA





REGISTERED NUMBER: SC681609 (Scotland)





ACCOUNTANTS: Sharles Ltd
Chartered Accountants
29 Brandon Street
Hamilton
ML3 6DA

Wilson Developments (Orrs) Ltd (Registered number: SC681609)

Balance Sheet
31 March 2023

2023 2021
Notes £    £   
CURRENT ASSETS
Stocks 677,425 -
Debtors 5 100 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

677,525

100

CREDITORS
Amounts falling due after more than one
year

6

677,425

-
NET ASSETS 100 100

CAPITAL AND RESERVES
Called up share capital 100 100
100 100

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 11 March 2024 and were signed by:





J S Wilson - Director


Wilson Developments (Orrs) Ltd (Registered number: SC681609)

Notes to the Financial Statements
for the Period 1 December 2021 to 31 March 2023

1. STATUTORY INFORMATION

Wilson Developments (Orrs) Ltd is a private company, limited by shares , registered in Scotland. 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. STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Other debtors 100 100

Wilson Developments (Orrs) Ltd (Registered number: SC681609)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2021
£    £   
Other creditors 677,425 -

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2021
£    £   
Other loans 677,425 -

Eds (Turnkey) Ltd holds security over 68-78 South Bridge Street, Airdrie, ML6 6JA.
Enhanced Capital Scotland Ltd holds a floating charge over all properties and undertakings of the company.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Wilson Developments (Orrs) Ltd

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 Wilson Developments (Orrs) Ltd for the period ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Wilson Developments (Orrs) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wilson Developments (Orrs) Ltd and state those matters that we have agreed to state to the director of Wilson Developments (Orrs) Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Wilson Developments (Orrs) Ltd 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 Wilson Developments (Orrs) Ltd. You consider that Wilson Developments (Orrs) Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Wilson Developments (Orrs) Ltd. 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.






Sharles Ltd
Chartered Accountants
29 Brandon Street
Hamilton
ML3 6DA


11 March 2024