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REGISTERED NUMBER: 04700762 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

A WIGGLESWORTH AND COMPANY LIMITED

A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A WIGGLESWORTH AND COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: A Wigglesworth FCA





SECRETARY: A Wigglesworth FCA





REGISTERED OFFICE: UN9 Armstrong House
First Avenue
Doncaster Finningley Airport
Doncaster
DN9 3GA





REGISTERED NUMBER: 04700762 (England and Wales)





ACCOUNTANTS: A Wigglesworth and Company Ltd
Chartered Accountants
Armstrong House
First Avenue
Finningley
Doncaster
South Yorkshire
DN9 3GA

A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 27,500 33,000
Tangible assets 5 5,406 6,313
32,906 39,313

CURRENT ASSETS
Stocks 268,845 84,157
Debtors 6 613,927 724,199
Cash at bank and in hand 43,650 121,690
926,422 930,046
CREDITORS
Amounts falling due within one year 7 298,441 289,855
NET CURRENT ASSETS 627,981 640,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

660,887

679,504

CREDITORS
Amounts falling due after more than one
year

8

(110,000

)

(176,000

)

PROVISIONS FOR LIABILITIES (1,025 ) (1,200 )
NET ASSETS 549,862 502,304

A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)

BALANCE SHEET - continued
31 MARCH 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 110
Retained earnings 549,762 502,194
SHAREHOLDERS' FUNDS 549,862 502,304

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

The members have not required the company to obtain an audit of its financial statements for the year 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 6 February 2024 and were signed by:





A Wigglesworth FCA - Director


A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

A Wigglesworth and Company 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 2007, has now been fully amortised.

Goodwill additions during the year, are being amortised evenly over it's estimated useful life of ten 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is stated at the turnover value of the work done at the balance sheet date but not invoiced, net of value added tax.

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.


A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 75,000
AMORTISATION
At 1 April 2022 42,000
Charge for year 5,500
At 31 March 2023 47,500
NET BOOK VALUE
At 31 March 2023 27,500
At 31 March 2022 33,000

A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 5,102 9,647 14,749
Additions - 1,012 1,012
At 31 March 2023 5,102 10,659 15,761
DEPRECIATION
At 1 April 2022 3,109 5,327 8,436
Charge for year 299 1,620 1,919
At 31 March 2023 3,408 6,947 10,355
NET BOOK VALUE
At 31 March 2023 1,694 3,712 5,406
At 31 March 2022 1,993 4,320 6,313

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 171,417 259,336
Amounts owed by group undertakings 264,040 261,886
Other debtors 178,470 202,977
613,927 724,199

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 44,000 22,000
Trade creditors 26,728 30,405
Amounts owed to group undertakings - 16,473
Taxation and social security 224,023 205,008
Other creditors 3,690 15,969
298,441 289,855

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 110,000 176,000

A WIGGLESWORTH AND COMPANY LIMITED (REGISTERED NUMBER: 04700762)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
A Wigglesworth FCA
Balance outstanding at start of year 173,014 136,158
Amounts advanced 152,599 173,014
Amounts repaid (173,014 ) (136,158 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 152,599 173,014

During the year beneficial loan interest was charged of £3,224 (2022 - £3,327) at 2% per annum on the overdrawn balance.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Wigglesworth, holding 100% of the issued share capital.