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REGISTERED NUMBER: 10855267 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2024

for

Wiseman Flooring Limited

Wiseman Flooring Limited (Registered number: 10855267)






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




Page

Company Information 1

Report of the Accountants 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Wiseman Flooring Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Stephen Wiseman





REGISTERED OFFICE: 4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ





REGISTERED NUMBER: 10855267 (England and Wales)





ACCOUNTANTS: Vellender Lewis Accountants Limited
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Wiseman Flooring Limited

Report of the Accountants to the Director of
Wiseman Flooring Limited

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 Statement of Financial Position. 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.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Vellender Lewis Accountants Limited
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ


Date: .............................................

Wiseman Flooring Limited (Registered number: 10855267)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,927 9,686

CURRENT ASSETS
Debtors 5 116,063 108,705
Investments 6 35,000 35,000
Cash at bank and in hand 76,307 82,992
227,370 226,697
CREDITORS
Amounts falling due within one year 7 48,111 33,662
NET CURRENT ASSETS 179,259 193,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,186

202,721

CREDITORS
Amounts falling due after more than one
year

8

(56,230

)

(43,731

)

PROVISIONS FOR LIABILITIES (6,636 ) (1,840 )
NET ASSETS 151,320 157,150

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 151,220 157,050
SHAREHOLDERS' FUNDS 151,320 157,150

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 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.

Wiseman Flooring Limited (Registered number: 10855267)

Statement of Financial Position - 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 6 November 2024 and were signed by:





Stephen Wiseman - Director


Wiseman Flooring Limited (Registered number: 10855267)

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

1. STATUTORY INFORMATION

Wiseman Flooring 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.

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 each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

Wiseman Flooring Limited (Registered number: 10855267)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 22,402
Additions 31,404
At 31 March 2024 53,806
DEPRECIATION
At 1 April 2023 12,716
Charge for year 6,163
At 31 March 2024 18,879
NET BOOK VALUE
At 31 March 2024 34,927
At 31 March 2023 9,686

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 116,063 108,705

6. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Unlisted investments 35,000 35,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,212 2,698
Hire purchase contracts 10,067 -
Trade creditors (2 ) 1
Taxation and social security 34,320 30,743
Other creditors 514 220
48,111 33,662

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 40,519 43,731
Hire purchase contracts 15,711 -
56,230 43,731