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Company Registration No. 13476313 (England and Wales)
Wild Properties Ltd Unaudited accounts for the year ended 31 May 2024
Wild Properties Ltd Unaudited accounts Contents
Page
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Wild Properties Ltd Company Information for the year ended 31 May 2024
Directors
Laura Anne Shephard Samuel Kane Wild
Company Number
13476313 (England and Wales)
Registered Office
17 Nook Road Scholes Leeds LS15 4AX England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Wild Properties Ltd Accountants' report
Accountants' report to the board of directors of Wild Properties Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wild Properties Ltd for the year ended 31 May 2024 as set out on pages 5 - 8 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 Wild Properties 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 Wild Properties 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 Wild Properties Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wild Properties 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 Wild Properties Ltd. You consider that Wild Properties 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 Wild Properties 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.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 11 October 2024
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Wild Properties Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
123 
612 
Investment property
112,165 
112,165 
112,288 
112,777 
Current assets
Debtors
130,445 
121,130 
Cash at bank and in hand
11,300 
17,772 
141,745 
138,902 
Creditors: amounts falling due within one year
(97,425)
(151,505)
Net current assets/(liabilities)
44,320 
(12,603)
Total assets less current liabilities
156,608 
100,174 
Creditors: amounts falling due after more than one year
(166,047)
(110,737)
Net liabilities
(9,439)
(10,563)
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
9,109 
9,109 
Profit and loss account
(18,550)
(19,674)
Shareholders' funds
(9,439)
(10,563)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 20 October 2024 and were signed on its behalf by
Samuel Kane Wild Director Company Registration No. 13476313
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Wild Properties Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Wild Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13476313. The registered office is 17 Nook Road, Scholes, Leeds, LS15 4AX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33% on cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Wild Properties Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
1,468 
At 31 May 2024
1,468 
Depreciation
At 1 June 2023
856 
Charge for the year
489 
At 31 May 2024
1,345 
Net book value
At 31 May 2024
123 
At 31 May 2023
612 
5
Investment property
2024 
£ 
Fair value at 1 June 2023
112,165 
At 31 May 2024
112,165 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
130,445 
121,130 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
97,425 
151,505 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
83,737 
83,737 
Other creditors
82,310 
27,000 
166,047 
110,737 
Aggregate of amounts that fall due for payment after five years
83,737 
83,737 
9
Transactions with related parties
At the year end, the director was owed £97,425 (2023 - £151,505) including interest of £0 (2023 - £1,000). Included in current assets is a loan of £130,445 (2023 - £121,130) to Wild & Co Developments Ltd, a related company. The loan is interest-free and repayable on demand. Included in long term creditors is a loan of £82,310 (2023 - £27,000) from Wild Helicopter Services Ltd, a related company. The loan is interest-free and repayable on demand.
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Wild Properties Ltd Notes to the Accounts for the year ended 31 May 2024
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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