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Company Registration No. 13352191 (England and Wales)
Wigton Financial Limited Unaudited accounts for the year ended 30 April 2024
Wigton Financial Limited Unaudited accounts Contents
Page
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Wigton Financial Limited Company Information for the year ended 30 April 2024
Director
Saif Malik
Company Number
13352191 (England and Wales)
Registered Office
Bartle House Oxford Court Manchester M2 3WQ England
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Wigton Financial Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
450,000 
- 
Tangible assets
41,500 
47,000 
491,500 
47,000 
Current assets
Cash at bank and in hand
2,480 
1,580 
Creditors: amounts falling due within one year
(150,906)
(11,116)
Net current liabilities
(148,426)
(9,536)
Net assets
343,074 
37,464 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
342,974 
37,364 
Shareholders' funds
343,074 
37,464 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 1 May 2024 and were signed on its behalf by
Saif Malik Director Company Registration No. 13352191
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Wigton Financial Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Wigton Financial Limited is a private company, limited by shares, registered in England and Wales, registration number 13352191. The registered office is Bartle House, Oxford Court, Manchester, M2 3WQ, 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:
Motor vehicles
10
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
- 
Additions
500,000 
At 30 April 2024
500,000 
Amortisation
At 1 May 2023
- 
Charge for the year
50,000 
At 30 April 2024
50,000 
Net book value
At 30 April 2024
450,000 
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Wigton Financial Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
25,000 
30,000 
55,000 
At 30 April 2024
25,000 
30,000 
55,000 
Depreciation
At 1 May 2023
5,000 
3,000 
8,000 
Charge for the year
2,500 
3,000 
5,500 
At 30 April 2024
7,500 
6,000 
13,500 
Net book value
At 30 April 2024
17,500 
24,000 
41,500 
At 30 April 2023
20,000 
27,000 
47,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
10,701 
- 
Trade creditors
55,205 
11,116 
Other creditors
85,000 
- 
150,906 
11,116 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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