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REGISTERED NUMBER: 00334194 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

J.W. WILD LIMITED

J.W. WILD LIMITED (REGISTERED NUMBER: 00334194)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


J.W. WILD LIMITED

COMPANY INFORMATION
for the year ended 31 October 2023







DIRECTORS: J M Wild
Mrs J M Wild





REGISTERED OFFICE: 17 Gillan Road
Wigan
WN6 7HQ





REGISTERED NUMBER: 00334194 (England and Wales)





ACCOUNTANTS: Hayes and Associates (Leigh) Limited
Suite 2 Beswick House
Greenfold Way
Leigh
Lancashire
WN7 3XT

J.W. WILD LIMITED (REGISTERED NUMBER: 00334194)

ABRIDGED BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 310 447
Investments 5 18,736 21,404
Investment property 6 669,000 669,000
688,046 690,851

CURRENT ASSETS
Debtors 677 1,751
Cash at bank and in hand 447,656 442,542
448,333 444,293
CREDITORS
Amounts falling due within one year 10,231 10,018
NET CURRENT ASSETS 438,102 434,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,126,148

1,125,126

PROVISIONS FOR LIABILITIES 56,653 56,653
NET ASSETS 1,069,495 1,068,473

CAPITAL AND RESERVES
Called up share capital 4,900 4,900
Capital redemption reserve 5,100 5,100
Fair value reserve 7 240,755 240,755
Retained earnings 818,740 817,718
1,069,495 1,068,473

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

J.W. WILD LIMITED (REGISTERED NUMBER: 00334194)

ABRIDGED BALANCE SHEET - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:





J M Wild - Director


J.W. WILD LIMITED (REGISTERED NUMBER: 00334194)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2023

1. STATUTORY INFORMATION

J.W. Wild 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 as modified by the revaluation of certain assets.

The financial statements have been prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% 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.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

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

J.W. WILD LIMITED (REGISTERED NUMBER: 00334194)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022
and 31 October 2023 4,121
DEPRECIATION
At 1 November 2022 3,674
Charge for year 137
At 31 October 2023 3,811
NET BOOK VALUE
At 31 October 2023 310
At 31 October 2022 447

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 November 2022 21,404
Impairments (2,668 )
At 31 October 2023 18,736
NET BOOK VALUE
At 31 October 2023 18,736
At 31 October 2022 21,404

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 669,000
NET BOOK VALUE
At 31 October 2023 669,000
At 31 October 2022 669,000

Included in fair value of investment property is freehold land of £ 180,000 (2022 - £ 180,000 ) which is not depreciated.

J.W. WILD LIMITED (REGISTERED NUMBER: 00334194)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

6. INVESTMENT PROPERTY - continued

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2009 160,342
Valuation in 2021 136,887
Cost 371,771
669,000

7. RESERVES
Fair
value
reserve
£   
At 1 November 2022
and 31 October 2023 240,755