Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 11088977 Alan Wildbore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11088977 2023-05-31 11088977 2024-05-31 11088977 2023-06-01 2024-05-31 11088977 frs-core:CurrentFinancialInstruments 2024-05-31 11088977 frs-core:ShareCapital 2024-05-31 11088977 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11088977 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11088977 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11088977 frs-bus:SmallEntities 2023-06-01 2024-05-31 11088977 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11088977 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11088977 frs-core:UnlistedNon-exchangeTraded 2024-05-31 11088977 frs-core:UnlistedNon-exchangeTraded 2023-05-31 11088977 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-05-31 11088977 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-05-31 11088977 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-05-31 11088977 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 11088977 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-05-31 11088977 frs-bus:Director1 2023-06-01 2024-05-31 11088977 frs-countries:EnglandWales 2023-06-01 2024-05-31 11088977 2022-05-31 11088977 2023-05-31 11088977 2022-06-01 2023-05-31 11088977 frs-core:CurrentFinancialInstruments 2023-05-31 11088977 frs-core:ShareCapital 2023-05-31 11088977 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11088977
Wildbore Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11088977
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 152 237
152 237
CURRENT ASSETS
Debtors 5 125 106,020
Cash at bank and in hand 79,996 33,999
80,121 140,019
Creditors: Amounts Falling Due Within One Year 6 (5,322 ) (24,454 )
NET CURRENT ASSETS (LIABILITIES) 74,799 115,565
TOTAL ASSETS LESS CURRENT LIABILITIES 74,951 115,802
NET ASSETS 74,951 115,802
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 74,851 115,702
SHAREHOLDERS' FUNDS 74,951 115,802
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For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Alan Wildbore
Director
23 July 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Wildbore Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11088977 . The registered office is Derwent View, Stores Road, Derby, DE21 4BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 31 May 2024 (2023: year ended May 2023).
The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with the Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.3. Investments
Unlisted investments (including subsidiaries, joint ventures and associates) are measured at cost less impairment.
2.4. Investment income
Dividend income is recognised as the company’s right to receive payment is established. 
2.5. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Other than the director, the average number of employees during the year was: NIL (2023: 1)
- 1
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4. Investments
Unlisted
£
Cost
As at 1 June 2023 337
Disposals (85 )
As at 31 May 2024 252
Provision
As at 1 June 2023 100
As at 31 May 2024 100
Net Book Value
As at 31 May 2024 152
As at 1 June 2023 237
The company's investments at the Balance Sheet date include the following:
Subsidiaries
Max Earthworks Limited 100% shareholdering of Ordinary shares.
Joint Ventures
Max Waste Solutions Limited 50% shareholding of A shares.
Associates
Midland Land Investments Limited 33% shareholding of Ordinary shares.
On 30 September 2023, the company disposed of it's shares in an associate company. On 16 January 2024, the company also disposed of it's shares in a joint venture undertaking.
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 125 22,304
Director's loan account - 83,716
125 106,020
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 22,179
Other creditors 152 335
Accruals and deferred income 990 992
Director's loan account 2,284 -
Amounts owed to other participating interests 1,896 948
5,322 24,454
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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8. Related Party Transactions
During the year ended 31 May 2024 dividends of £12,000 (2023: £28,000) were received from a joint venture undertaking. Total dividends of £Nil (2023: £25,000) were also received from an associate undertaking.
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