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REGISTERED NUMBER: 00326364 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Wilbraham Building Company Limited

Wilbraham Building Company Limited (Registered number: 00326364)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wilbraham Building Company Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Dr M M F Collier





SECRETARY: Dr M M F Collier





REGISTERED OFFICE: White Jade
Martinsclough
Lostock
Bolton
BL6 4PF





REGISTERED NUMBER: 00326364 (England and Wales)





ACCOUNTANTS: Contact Accounts UK Ltd
11 Wych Fold
HYDE
Cheshire
SK14 5ED

Wilbraham Building Company Limited (Registered number: 00326364)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,178 40,402
Investment property 5 1,165,000 1,200,000
1,166,178 1,240,402

CURRENT ASSETS
Cash at bank 181,308 2,453

CREDITORS
Amounts falling due within one year 6 94,503 10,327
NET CURRENT ASSETS/(LIABILITIES) 86,805 (7,874 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,252,983

1,232,528

CREDITORS
Amounts falling due after more than one
year

7

(22,937

)

(16,941

)

PROVISIONS FOR LIABILITIES (265,695 ) (289,899 )
NET ASSETS 964,351 925,688

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Revaluation reserve 8 895,680 910,101
Retained earnings 66,671 13,587
SHAREHOLDERS' FUNDS 964,351 925,688

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Wilbraham Building Company Limited (Registered number: 00326364)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:





Dr M M F Collier - Director


Wilbraham Building Company Limited (Registered number: 00326364)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Wilbraham Building Company 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.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when receivable for rent. Turnover is the amount derived from ordinary activities, after trade discounts 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.
Land and buildings - 10% on reducing balance
Plant and machinery etc - 33% on cost and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2023 5,275 137,690 1,590
Disposals - (137,690 ) -
At 31 March 2024 5,275 - 1,590
DEPRECIATION
At 1 April 2023 5,275 98,674 1,590
Charge for year - - -
Eliminated on disposal - (98,674 ) -
At 31 March 2024 5,275 - 1,590
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 - 39,016 -

Wilbraham Building Company Limited (Registered number: 00326364)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 26,015 18,007 188,577
Disposals - - (137,690 )
At 31 March 2024 26,015 18,007 50,887
DEPRECIATION
At 1 April 2023 24,629 18,007 148,175
Charge for year 208 - 208
Eliminated on disposal - - (98,674 )
At 31 March 2024 24,837 18,007 49,709
NET BOOK VALUE
At 31 March 2024 1,178 - 1,178
At 31 March 2023 1,386 - 40,402

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,200,000
Additions 25,000
Disposals (60,000 )
At 31 March 2024 1,165,000
NET BOOK VALUE
At 31 March 2024 1,165,000
At 31 March 2023 1,200,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1 (2 )
Business credit card 849 209
Tax 25,748 6,973
Other creditors 40,076 60
Directors' current accounts 18,764 52
Accrued expenses 9,065 3,035
94,503 10,327

Wilbraham Building Company Limited (Registered number: 00326364)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 4,182 1,743
Bank loans - 2-5 years 18,755 15,198
22,937 16,941

8. RESERVES
Revaluation
reserve
£   
At 1 April 2023 910,101
Revaluation reserve (14,421 )

At 31 March 2024 895,680