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REGISTERED NUMBER: 02217749 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

M T WILDE PLANT SERVICES LIMITED

M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

M T WILDE PLANT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mrs R A Wilde





SECRETARY: Mrs R A Wilde





REGISTERED OFFICE: The Works Exfords Green
Longden
Shrewsbury
Shropshire
SY5 8HQ





REGISTERED NUMBER: 02217749 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD

M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 84,334 89,964
Investments 6 823,753 813,909
Investment property 7 500,000 500,000
1,408,087 1,403,873

CURRENT ASSETS
Stocks 1,100 1,100
Debtors 8 3,323 10,234
Cash at bank 199,207 210,570
203,630 221,904
CREDITORS
Amounts falling due within one year 9 536,501 511,559
NET CURRENT LIABILITIES (332,871 ) (289,655 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,075,216

1,114,218

CAPITAL AND RESERVES
Called up share capital 150 150
Capital redemption reserve 50 50
Retained earnings 1,075,016 1,114,018
1,075,216 1,114,218

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

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

The director acknowledges her 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.

M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)

BALANCE SHEET - continued
30 APRIL 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 7 January 2025 and were signed by:





Mrs R A Wilde - Director


M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)

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

1. STATUTORY INFORMATION

M T Wilde Plant Services 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.
Freehold property - 2% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

Investment property
Investment properties are shown at most recent valuation. Any aggregate surplus of deficit arising from changes in fair value are recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments.
Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.
Basic financial liabilities including trade and other creditors are initially recognised at transaction price and
subsequently carried at amortised cost.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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.

M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)

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

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 83,268 53,569 1,053 48,745 186,635
Additions - - 837 - 837
Disposals - - (1,053 ) - (1,053 )
At 30 April 2024 83,268 53,569 837 48,745 186,419
DEPRECIATION
At 1 May 2023 16,500 53,569 1,053 25,549 96,671
Charge for year 500 - 168 5,799 6,467
Eliminated on disposal - - (1,053 ) - (1,053 )
At 30 April 2024 17,000 53,569 168 31,348 102,085
NET BOOK VALUE
At 30 April 2024 66,268 - 669 17,397 84,334
At 30 April 2023 66,768 - - 23,196 89,964

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 813,909
Revaluations 9,844
At 30 April 2024 823,753
NET BOOK VALUE
At 30 April 2024 823,753
At 30 April 2023 813,909

M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)

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

6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2019 103,606
Valuation in 2020 (47,740 )
Valuation in 2021 (23,369 )
Valuation in 2022 85,043
Valuation in 2023 16,369
Valuation in 2024 9,844
Cost 680,000
823,753

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 500,000
NET BOOK VALUE
At 30 April 2024 500,000
At 30 April 2023 500,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2020 (47,821 )
Cost 547,821
500,000

If investment property had not been revalued it would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 547,821 547,821

Investment property was valued on an open market basis on 30 April 2024 by the Director .

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,653 5,861
VAT - 3,005
Prepayments 1,670 1,368
3,323 10,234

M T WILDE PLANT SERVICES LIMITED (REGISTERED NUMBER: 02217749)

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

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1,723 5,505
Tax - 5,580
VAT 717 -
Other creditors 7,652 6,894
Directors' loan accounts 523,624 489,951
Accruals and deferred income 2,785 3,629
536,501 511,559

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
M T WILDE PLANT SERVICES 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 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 M T Wilde Plant Services Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 M T Wilde Plant Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M T Wilde Plant Services Limited and state those matters that we have agreed to state to the director of M T Wilde Plant Services Limited 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 M T Wilde Plant Services Limited and its director for our work or for this report.

It is your duty to ensure that M T Wilde Plant Services Limited 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 loss of M T Wilde Plant Services Limited. You consider that M T Wilde Plant Services Limited 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 M T Wilde Plant Services Limited. 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.






D.R.E. & Co. Limited
Chartered Accountants
Number 5
The Business Quarter
Eco Park Road
Ludlow
Shropshire
SY8 1FD


9 January 2025