IRIS Accounts Production v24.1.9.2 08462750 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure084627502022-03-31084627502023-03-31084627502022-04-012023-03-31084627502021-03-31084627502021-04-012022-03-31084627502022-03-3108462750ns16:EnglandWales2022-04-012023-03-3108462750ns15:PoundSterling2022-04-012023-03-3108462750ns11:Director12022-04-012023-03-3108462750ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3108462750ns11:SmallEntities2022-04-012023-03-3108462750ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3108462750ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108462750ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3108462750ns11:FullAccounts2022-04-012023-03-310846275012022-04-012023-03-3108462750ns11:RegisteredOffice2022-04-012023-03-3108462750ns6:CurrentFinancialInstruments2023-03-3108462750ns6:CurrentFinancialInstruments2022-03-3108462750ns6:ShareCapital2023-03-3108462750ns6:ShareCapital2022-03-3108462750ns6:RetainedEarningsAccumulatedLosses2023-03-3108462750ns6:RetainedEarningsAccumulatedLosses2022-03-3108462750ns6:NetGoodwill2022-04-012023-03-3108462750ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108462750ns6:PlantMachinery2022-04-012023-03-3108462750ns6:NetGoodwill2022-03-3108462750ns6:NetGoodwill2023-03-3108462750ns6:NetGoodwill2022-03-3108462750ns6:PlantMachinery2022-03-3108462750ns6:PlantMachinery2023-03-3108462750ns6:PlantMachinery2022-03-3108462750ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3108462750ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 08462750 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2023

for

Wyatt Contractors Limited

Wyatt Contractors Limited (Registered number: 08462750)






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


Wyatt Contractors Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Norman Wyatt





REGISTERED OFFICE: 4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ





REGISTERED NUMBER: 08462750 (England and Wales)





ACCOUNTANTS: Vellender Lewis Accountants Limited
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Wyatt Contractors Limited (Registered number: 08462750)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,601 27,766
23,601 27,766

CURRENT ASSETS
Debtors 6 561,087 562,875
Investments 7 250,000 250,000
Cash at bank and in hand 16,389 51,115
827,476 863,990
CREDITORS
Amounts falling due within one year 8 243,780 393,129
NET CURRENT ASSETS 583,696 470,861
TOTAL ASSETS LESS CURRENT
LIABILITIES

607,297

498,627

PROVISIONS FOR LIABILITIES 4,484 5,276
NET ASSETS 602,813 493,351

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 602,613 493,151
SHAREHOLDERS' FUNDS 602,813 493,351

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.

Wyatt Contractors Limited (Registered number: 08462750)

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 director and authorised for issue on 22 August 2024 and were signed by:





Norman Wyatt - Director


Wyatt Contractors Limited (Registered number: 08462750)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Wyatt Contractors 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 0, is being amortised evenly over its estimated useful life of nil 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.
Plant and machinery etc - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Wyatt Contractors Limited (Registered number: 08462750)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 22,000
AMORTISATION
At 1 April 2022
and 31 March 2023 22,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 65,545
DEPRECIATION
At 1 April 2022 37,779
Charge for year 4,165
At 31 March 2023 41,944
NET BOOK VALUE
At 31 March 2023 23,601
At 31 March 2022 27,766

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 95,890 143,626
Amounts owed by group undertakings 432,865 379,068
Other debtors 32,332 40,181
561,087 562,875

7. CURRENT ASSET INVESTMENTS
31.3.23 31.3.22
£    £   
Unlisted investments 250,000 250,000

Wyatt Contractors Limited (Registered number: 08462750)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 175,322 250,000
Hire purchase contracts - 5,175
Trade creditors 1 30,214
Taxation and social security 62,772 42,892
Other creditors 5,685 64,848
243,780 393,129