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REGISTERED NUMBER: 09071474 (England and Wales)















WILKINSON BROTHERS PROFILES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024






WILKINSON BROTHERS PROFILES LIMITED (REGISTERED NUMBER: 09071474)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WILKINSON BROTHERS PROFILES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: G T Wilkinson
N B Wilkinson





REGISTERED OFFICE: Unit 5
Coppice Side Industrial Estate
Brownhills
Walsall
West Midlands
WS8 7EX





REGISTERED NUMBER: 09071474 (England and Wales)





ACCOUNTANTS: Ashtons Accountants
152 Halesowen Road
Cradley Heath
West Midlands
B64 5LP

WILKINSON BROTHERS PROFILES LIMITED (REGISTERED NUMBER: 09071474)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,316 56,501

CURRENT ASSETS
Stocks 114,942 128,197
Debtors 5 178,184 197,941
Cash at bank 204,150 183,848
497,276 509,986
CREDITORS
Amounts falling due within one year 6 95,823 117,417
NET CURRENT ASSETS 401,453 392,569
TOTAL ASSETS LESS CURRENT
LIABILITIES

437,769

449,070

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 437,669 448,970
SHAREHOLDERS' FUNDS 437,769 449,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 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.

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 20th September 2024 and were signed on its behalf by:





G T Wilkinson - Director


WILKINSON BROTHERS PROFILES LIMITED (REGISTERED NUMBER: 09071474)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

Wilkinson Brothers Profiles 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

WILKINSON BROTHERS PROFILES LIMITED (REGISTERED NUMBER: 09071474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023
and 30th June 2024 173,036
DEPRECIATION
At 1st July 2023 116,535
Charge for year 20,185
At 30th June 2024 136,720
NET BOOK VALUE
At 30th June 2024 36,316
At 30th June 2023 56,501

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 172,746 195,699
Other debtors 2,640 -
Prepayments 2,798 2,242
178,184 197,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 43,476 43,299
Taxation 32,785 46,291
Social security and other taxes 2,017 1,194
VAT 14,968 23,924
Other creditors 638 413
Directors' current accounts 39 456
Accrued expenses 1,900 1,840
95,823 117,417