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REGISTERED NUMBER: 10488695 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILKINSON LLOYD CONSULTING ASSOCIATES
LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr C Wilkinson
Mrs L J Wilkinson



REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



REGISTERED NUMBER: 10488695 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: HSBC Bank PLC
5 Market Hill
Barnsley
South Yorkshire
S70 2PY

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,305 114,055

CURRENT ASSETS
Debtors 5 133,331 50,733
Cash at bank 326,460 302,139
459,791 352,872
CREDITORS
Amounts falling due within one year 6 152,338 111,161
NET CURRENT ASSETS 307,453 241,711
TOTAL ASSETS LESS CURRENT LIABILITIES 400,758 355,766

CREDITORS
Amounts falling due after more than
one year

7

(43,357

)

(48,634

)

PROVISIONS FOR LIABILITIES (23,326 ) (25,092 )
NET ASSETS 334,075 282,040

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 334,073 282,038
SHAREHOLDERS' FUNDS 334,075 282,040

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

BALANCE SHEET - continued
30 NOVEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 7 January 2025 and were signed on its behalf by:





Mr C Wilkinson - Director


WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Wilkinson Lloyd Consulting Associates 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

When the outcome of a transaction can be estimated reliably, turnover from management consultancy is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings15 % on reducing balance
Computer equipment33% on reducing balance
Motor vehicles20% on straight line
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended


WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued
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 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.

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 lives or the lease term,whichever is 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 and loss on a straight line basis over the period of the lease.

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 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 lives or the lease term,whichever is 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 and loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 155 130,735 2,165 133,055
Additions - 1,771 428 2,199
At 30 November 2024 155 132,506 2,593 135,254
DEPRECIATION
At 1 December 2023 81 17,200 1,719 19,000
Charge for year 12 22,766 171 22,949
At 30 November 2024 93 39,966 1,890 41,949
NET BOOK VALUE
At 30 November 2024 62 92,540 703 93,305
At 30 November 2023 74 113,535 446 114,055

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2023
and 30 November 2024 91,785
DEPRECIATION
At 1 December 2023 10,708
Charge for year 16,216
At 30 November 2024 26,924
NET BOOK VALUE
At 30 November 2024 64,861
At 30 November 2023 81,077

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 133,318 20,992
Directors' current accounts - 29,716
Prepayments and accrued income 13 25
133,331 50,733

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 10,072 10,072
Trade creditors 50,262 67,292
Corporation tax 67,563 20,651
VAT 22,821 11,956
Directors' current accounts 313 -
Accruals and deferred income 1,307 1,190
152,338 111,161

WILKINSON LLOYD CONSULTING ASSOCIATES
LTD (REGISTERED NUMBER: 10488695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 43,357 48,634

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Hire purchase contracts 53,429 58,706

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Mr C Wilkinson
Balance outstanding at start of year 29,716 3,700
Amounts advanced - 126,060
Amounts repaid - (100,044 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 29,716