Company Registration No. 13039311 (England and Wales)
WILES CONSTRUCTION LTD
Unaudited accounts
for the year ended 31 March 2024
WILES CONSTRUCTION LTD
Unaudited accounts
Contents
WILES CONSTRUCTION LTD
Company Information
for the year ended 31 March 2024
Company Number
13039311 (England and Wales)
Registered Office
2 Merries Farm Cottages
Pullover Road
West Lynn
King's Lynn
Norfolk
PE34 3LS
England
Accountants
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
WILES CONSTRUCTION LTD
Accountants' report
Accountants' report to the director of WILES CONSTRUCTION LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
WILES CONSTRUCTION LTD for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of WILES CONSTRUCTION LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of WILES CONSTRUCTION LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WILES CONSTRUCTION LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that WILES CONSTRUCTION LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WILES CONSTRUCTION LTD. You consider that WILES CONSTRUCTION LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of WILES CONSTRUCTION LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
24 September 2024
WILES CONSTRUCTION LTD
Statement of financial position
as at 31 March 2024
Tangible assets
188,117
135,351
Cash at bank and in hand
24,787
10,829
Creditors: amounts falling due within one year
(38,617)
(23,204)
Net current assets
11,040
12,848
Total assets less current liabilities
199,157
148,199
Creditors: amounts falling due after more than one year
(114,928)
(72,087)
Called up share capital
100
100
Profit and loss account
84,129
76,012
Shareholders' funds
84,229
76,112
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2024 and were signed on its behalf by
Charlie Wiles
Director
Company Registration No. 13039311
WILES CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 March 2024
WILES CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 13039311. The registered office is 2 Merries Farm Cottages, Pullover Road, West Lynn, King's Lynn, Norfolk, PE34 3LS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
59,357
87,728
1,852
148,937
Additions
87,412
38,833
833
127,078
Disposals
(33,941)
(35,170)
-
(69,111)
At 31 March 2024
112,828
91,391
2,685
206,904
At 1 April 2023
10,060
3,157
369
13,586
Charge for the year
7,752
15,525
369
23,646
On disposals
(10,275)
(8,170)
-
(18,445)
At 31 March 2024
7,537
10,512
738
18,787
At 31 March 2024
105,291
80,879
1,947
188,117
At 31 March 2023
49,297
84,571
1,483
135,351
WILES CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
32,178
20,510
Taxes and social security
-
848
Loans from directors
36
215
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
114,928
72,087
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).