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REGISTERED NUMBER: 08851458 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

G WILKINSON BUILDINGS LTD

G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


G WILKINSON BUILDINGS LTD

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: Mr G G Wilkinson





SECRETARY: Mrs L J Wilkinson





REGISTERED OFFICE: Ellesmere
Whin Lane
Out Rawcliffe
Lancashire
PR3 6TH





REGISTERED NUMBER: 08851458 (England and Wales)





ACCOUNTANTS: RfM Fylde Limited
Summerdale
Head Dyke Lane
Pilling
Lancashire
PR3 6SJ

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
G WILKINSON BUILDINGS LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G Wilkinson Buildings Ltd for the year ended 31 January 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of G Wilkinson Buildings Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G Wilkinson Buildings Ltd and state those matters that we have agreed to state to the director of G Wilkinson Buildings Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G Wilkinson Buildings Ltd and its director for our work or for this report.

It is your duty to ensure that G Wilkinson Buildings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G Wilkinson Buildings Ltd. You consider that G Wilkinson Buildings 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 financial statements of G Wilkinson Buildings 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 financial statements.






RfM Fylde Limited
Summerdale
Head Dyke Lane
Pilling
Lancashire
PR3 6SJ


29 October 2024

G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,877 44,459

CURRENT ASSETS
Stocks 5 5,020 -
Debtors 6 28,882 35,263
Cash at bank 6,073 -
39,975 35,263
CREDITORS
Amounts falling due within one year 7 31,286 36,556
NET CURRENT ASSETS/(LIABILITIES) 8,689 (1,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,566

43,166

CREDITORS
Amounts falling due after more than one
year

8

(29,317

)

(26,516

)

PROVISIONS FOR LIABILITIES (12,469 ) (8,447 )
NET ASSETS 16,780 8,203

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 16,680 8,103
SHAREHOLDERS' FUNDS 16,780 8,203

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

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

The director acknowledges his 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.

G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)

BALANCE SHEET - continued
31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2024 and were signed by:





Mr G G Wilkinson - Director


G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

G Wilkinson Buildings Ltd 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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks and work in progress are stated at the lower of cost and estimated costs to complete and sell, 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.

Estimated selling price less costs to complete and sell is based on the estimated selling price of the goods less any estimated completion or selling costs likely to be incurred on the sale.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2023 50,773 444 24,699 75,916
Additions 13,913 455 - 14,368
Disposals - (277 ) - (277 )
At 31 January 2024 64,686 622 24,699 90,007
DEPRECIATION
At 1 February 2023 14,329 326 16,802 31,457
Charge for year 6,857 54 1,975 8,886
Eliminated on disposal - (213 ) - (213 )
At 31 January 2024 21,186 167 18,777 40,130
NET BOOK VALUE
At 31 January 2024 43,500 455 5,922 49,877
At 31 January 2023 36,444 118 7,897 44,459

G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
Additions 13,913
At 31 January 2024 13,913
DEPRECIATION
Charge for year 1,391
At 31 January 2024 1,391
NET BOOK VALUE
At 31 January 2024 12,522

5. STOCKS
2024 2023
£    £   
Work-in-progress 5,020 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,600 9,576
Other debtors 7,282 25,687
28,882 35,263

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,377 15,399
Hire purchase contracts 1,350 -
Trade creditors 2,227 1,047
Taxation and social security 16,024 8,892
Other creditors 3,308 11,218
31,286 36,556

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 18,071 26,516
Hire purchase contracts 11,246 -
29,317 26,516

G WILKINSON BUILDINGS LTD (REGISTERED NUMBER: 08851458)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100