IRIS Accounts Production v24.1.0.578 12701026 Board of Directors 1.7.22 31.3.23 31.3.23 0 0 false true false false true false Fair value model A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127010262022-06-30127010262023-03-31127010262022-07-012023-03-31127010262021-06-30127010262021-07-012022-06-30127010262022-06-3012701026ns15:EnglandWales2022-07-012023-03-3112701026ns14:PoundSterling2022-07-012023-03-3112701026ns10:Director12022-07-012023-03-3112701026ns10:PrivateLimitedCompanyLtd2022-07-012023-03-3112701026ns10:SmallEntities2022-07-012023-03-3112701026ns10:AuditExempt-NoAccountantsReport2022-07-012023-03-3112701026ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-03-3112701026ns10:SmallCompaniesRegimeForAccounts2022-07-012023-03-3112701026ns10:FullAccounts2022-07-012023-03-3112701026ns10:OrdinaryShareClass12022-07-012023-03-3112701026ns10:OrdinaryShareClass22022-07-012023-03-3112701026ns10:Director22022-07-012023-03-3112701026ns10:RegisteredOffice2022-07-012023-03-3112701026ns5:CurrentFinancialInstruments2023-03-3112701026ns5:CurrentFinancialInstruments2022-06-3012701026ns5:ShareCapital2023-03-3112701026ns5:ShareCapital2022-06-3012701026ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3112701026ns5:FurtherSpecificReserve3ComponentTotalEquity2022-06-3012701026ns5:RetainedEarningsAccumulatedLosses2023-03-3112701026ns5:RetainedEarningsAccumulatedLosses2022-06-3012701026ns10:OrdinaryShareClass12023-03-3112701026ns10:OrdinaryShareClass22023-03-31
REGISTERED NUMBER: 12701026 (England and Wales)











Financial Statements

for the Period

1 July 2022 to 31 March 2023

for

WILKO HOMES LIMITED

WILKO HOMES LIMITED (REGISTERED NUMBER: 12701026)






Contents of the Financial Statements
for the Period 1 July 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILKO HOMES LIMITED

Company Information
for the Period 1 July 2022 to 31 March 2023







DIRECTORS: Mr R L F Hamilton
Mr J T Wilkinson





REGISTERED OFFICE: Suite HT1
Wheatley Business Centre
Old London Road
Wheatley
Oxfordshire
OX33 1XW





REGISTERED NUMBER: 12701026 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

WILKO HOMES LIMITED (REGISTERED NUMBER: 12701026)

Balance Sheet
31 March 2023

31.3.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 440,000 398,737

CURRENT ASSETS
Debtors 5 30 30
Cash at bank 4,684 4,233
4,714 4,263
CREDITORS
Amounts falling due within one year 6 532,222 488,422
NET CURRENT LIABILITIES (527,508 ) (484,159 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(87,508

)

(85,422

)

PROVISIONS FOR LIABILITIES 10,316 -
NET LIABILITIES (97,824 ) (85,422 )

CAPITAL AND RESERVES
Called up share capital 7 90 90
Non distributable reserves 8 30,947 -
Retained earnings 8 (128,861 ) (85,512 )
SHAREHOLDERS' FUNDS (97,824 ) (85,422 )

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 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.

WILKO HOMES LIMITED (REGISTERED NUMBER: 12701026)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by:





Mr R L F Hamilton - Director


WILKO HOMES LIMITED (REGISTERED NUMBER: 12701026)

Notes to the Financial Statements
for the Period 1 July 2022 to 31 March 2023

1. STATUTORY INFORMATION

Wilko Homes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

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 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.

Going concern
The director have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 398,737
Revaluations 41,263
At 31 March 2023 440,000
NET BOOK VALUE
At 31 March 2023 440,000
At 30 June 2022 398,737

WILKO HOMES LIMITED (REGISTERED NUMBER: 12701026)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 31 March 2023

4. INVESTMENT PROPERTY - continued

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2023 41,263
Cost 398,737
440,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.6.22
£    £   
Other debtors 30 30

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.6.22
£    £   
Trade creditors 990 1,176
Amounts owed to group undertakings 529,112 486,112
Accrued expenses 2,120 1,134
532,222 488,422

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 30.6.22
value: £    £   
60 A Ordinary £1 60 60
30 B Ordinary £1 30 30
90 90

8. RESERVES
Non
Retained distributable
earnings reserves Totals
£    £    £   

At 1 July 2022 (85,512 ) - (85,512 )
Deficit for the period (12,402 ) (12,402 )
Non distributable reserves (30,947 ) 30,947 -
At 31 March 2023 (128,861 ) 30,947 (97,914 )

9. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is £nil (2022:£441,172) due to Working Assets Limited, and £529,112 (2022: £44,940) due to MEH Holdings Limited, companies in which the directors have common control.

As at the balance sheet date, included in debtors due within one year is , and company in which there is common control by the directors.

WILKO HOMES LIMITED (REGISTERED NUMBER: 12701026)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 31 March 2023

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R L F Hamilton.