IRIS Accounts Production v24.2.0.383 00453918 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004539182023-05-31004539182024-05-31004539182023-06-012024-05-31004539182022-05-31004539182022-06-012023-05-31004539182023-05-3100453918ns15:EnglandWales2023-06-012024-05-3100453918ns14:PoundSterling2023-06-012024-05-3100453918ns10:Director12023-06-012024-05-3100453918ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3100453918ns10:SmallEntities2023-06-012024-05-3100453918ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3100453918ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3100453918ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3100453918ns10:FullAccounts2023-06-012024-05-3100453918ns10:RegisteredOffice2023-06-012024-05-3100453918ns5:CurrentFinancialInstruments2024-05-3100453918ns5:CurrentFinancialInstruments2023-05-3100453918ns5:ShareCapital2024-05-3100453918ns5:ShareCapital2023-05-3100453918ns5:RetainedEarningsAccumulatedLosses2024-05-3100453918ns5:RetainedEarningsAccumulatedLosses2023-05-3100453918ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3100453918ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 00453918 (England and Wales)















WILHEAD LIMITED

Unaudited Financial Statements for the Year Ended 31 May 2024






WILHEAD LIMITED (REGISTERED NUMBER: 00453918)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILHEAD LIMITED

Company Information
for the year ended 31 May 2024







DIRECTOR: G S Pitt





REGISTERED OFFICE: Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ





REGISTERED NUMBER: 00453918 (England and Wales)





ACCOUNTANTS: Tudor John Limited
Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ

WILHEAD LIMITED (REGISTERED NUMBER: 00453918)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 15,698 15,698
Investment property 5 27,441 27,441
43,139 43,139

CURRENT ASSETS
Debtors 6 19,465 21,209
Cash at bank 1,781,675 1,709,279
1,801,140 1,730,488
CREDITORS
Amounts falling due within one year 7 51,136 34,077
NET CURRENT ASSETS 1,750,004 1,696,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,793,143

1,739,550

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 1,790,143 1,736,550
SHAREHOLDERS' FUNDS 1,793,143 1,739,550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

WILHEAD LIMITED (REGISTERED NUMBER: 00453918)

Balance Sheet - continued
31 May 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 August 2024 and were signed by:





G S Pitt - Director


WILHEAD LIMITED (REGISTERED NUMBER: 00453918)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Wilhead 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 represents rents receivable.


TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS

The market value of the company's investments as at 31 May 2024 was £19,576 ( 2023 : £17,917)

WILHEAD LIMITED (REGISTERED NUMBER: 00453918)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 June 2023
and 31 May 2024 27,441
NET BOOK VALUE
At 31 May 2024 27,441
At 31 May 2023 27,441

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,727 17,337
Other debtors 3,738 3,872
19,465 21,209

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 37,257 17,111
Other creditors 13,879 16,966
51,136 34,077

8. ULTIMATE CONTROLLING PARTY

The Trustees of the B C Head Will Trust have ultimate control of the company by virtue of the number of shares the Trust holds.