WilMayLou Limited 13403705 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is that of a holding company Digita Accounts Production Advanced 6.30.9574.0 true true 13403705 2023-06-01 2024-05-31 13403705 2024-05-31 13403705 bus:OrdinaryShareClass1 2024-05-31 13403705 bus:OrdinaryShareClass2 2024-05-31 13403705 bus:OrdinaryShareClass3 2024-05-31 13403705 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 13403705 bus:SmallEntities 2023-06-01 2024-05-31 13403705 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13403705 bus:FilletedAccounts 2023-06-01 2024-05-31 13403705 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13403705 bus:RegisteredOffice 2023-06-01 2024-05-31 13403705 bus:Director1 2023-06-01 2024-05-31 13403705 bus:Director2 2023-06-01 2024-05-31 13403705 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 13403705 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 13403705 bus:OrdinaryShareClass3 2023-06-01 2024-05-31 13403705 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13403705 countries:EnglandWales 2023-06-01 2024-05-31 13403705 2022-06-01 2023-05-31 13403705 2023-05-31 13403705 bus:OrdinaryShareClass1 2023-05-31 13403705 bus:OrdinaryShareClass2 2023-05-31 13403705 bus:OrdinaryShareClass3 2023-05-31 13403705 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13403705

WilMayLou Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

WilMayLou Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

WilMayLou Limited

Company Information

Directors

K Hart

S M James

Registered office

Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

Accountants

Herbert Lewis Williams & Associates Limited
Chartered Certified Accountants
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA

 

WilMayLou Limited

(Registration number: 13403705)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

54,797

10,900

Creditors: Amounts falling due within one year

5

(4,269)

(1,951)

Net assets

 

50,528

8,949

Capital and reserves

 

Called up share capital

6

36

36

Retained earnings

50,492

8,913

Shareholders' funds

 

50,528

8,949

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 October 2024 and signed on its behalf by:
 

.........................................
K Hart
Director

 

WilMayLou Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Leigh Court Business Centre
Abbots Leigh
Bristol
BS8 3RA
England and Wales

These financial statements were authorised for issue by the Board on 23 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

WilMayLou Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Debtors

Current

2024
£

2023
£

 

-

-

 

WilMayLou Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

330

331

Accruals and deferred income

990

900

Other creditors

2,949

720

4,269

1,951

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

A Ordinary shares of £0.01 each

1,200

12

1,200

12

B Ordinary shares of £0.01 each

1,200

12

1,200

12

C Ordinary shares of £0.01 each

1,200

12

1,200

12

3,600

36

3,600

36