IRIS Accounts Production v24.3.0.553 01781176 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017811762023-04-30017811762024-04-30017811762023-05-012024-04-30017811762022-04-30017811762022-05-012023-04-30017811762023-04-3001781176ns15:EnglandWales2023-05-012024-04-3001781176ns14:PoundSterling2023-05-012024-04-3001781176ns10:Director12023-05-012024-04-3001781176ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3001781176ns10:SmallEntities2023-05-012024-04-3001781176ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3001781176ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3001781176ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3001781176ns10:FullAccounts2023-05-012024-04-3001781176ns10:Director22023-05-012024-04-3001781176ns10:CompanySecretary12023-05-012024-04-3001781176ns10:RegisteredOffice2023-05-012024-04-3001781176ns5:CurrentFinancialInstruments2023-04-3001781176ns5:CurrentFinancialInstruments2024-04-3001781176ns5:ShareCapital2023-04-3001781176ns5:ShareCapital2024-04-3001781176ns5:RevaluationReserve2023-04-3001781176ns5:RevaluationReserve2024-04-3001781176ns5:RetainedEarningsAccumulatedLosses2023-04-3001781176ns5:RetainedEarningsAccumulatedLosses2024-04-3001781176ns5:LandBuildings2023-04-3001781176ns5:PlantMachinery2023-04-3001781176ns5:LandBuildings2023-05-012024-04-3001781176ns5:PlantMachinery2023-05-012024-04-3001781176ns5:LandBuildings2024-04-3001781176ns5:PlantMachinery2024-04-3001781176ns5:LandBuildings2023-04-3001781176ns5:PlantMachinery2023-04-3001781176ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3001781176ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 01781176 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

WICKS CONSTRUCTION LIMITED

WICKS CONSTRUCTION LIMITED (REGISTERED NUMBER: 01781176)






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


WICKS CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: J B Wicks
A J Wicks





SECRETARY: Mrs T J Drury





REGISTERED OFFICE: Forest Road
Gosfield Airfield
Gosfield
Halstead
Essex
CO9 1SA





REGISTERED NUMBER: 01781176 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

WICKS CONSTRUCTION LIMITED (REGISTERED NUMBER: 01781176)

BALANCE SHEET
30 APRIL 2024

30.4.23 30.4.24
£    £    Notes £    £   
FIXED ASSETS
1,468,129 Tangible assets 4 1,420,119

CURRENT ASSETS
180,825 Debtors 5 232,151
4,956 Cash at bank 11,631
185,781 243,782
CREDITORS
15,885 Amounts falling due within one year 6 19,658
169,896 NET CURRENT ASSETS 224,124
1,638,025 TOTAL ASSETS LESS CURRENT
LIABILITIES

1,644,243

158,141 PROVISIONS FOR LIABILITIES 197,556
1,479,884 NET ASSETS 1,446,687

CAPITAL AND RESERVES
1,000 Called up share capital 1,000
1,019,974 Revaluation reserve 945,604
458,910 Retained earnings 500,083
1,479,884 SHAREHOLDERS' FUNDS 1,446,687

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 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.

WICKS CONSTRUCTION LIMITED (REGISTERED NUMBER: 01781176)

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 Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





J B Wicks - Director


WICKS CONSTRUCTION LIMITED (REGISTERED NUMBER: 01781176)

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

1. STATUTORY INFORMATION

Wicks Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the invoiced value of commercial rents and charges during the year and the movement between opening and closing trade debtor balances.

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 - 2.5% straight line basis
Plant & machinery - 25% on reducing balance

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

3. EMPLOYEES AND DIRECTORS

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

WICKS CONSTRUCTION LIMITED (REGISTERED NUMBER: 01781176)

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

4. TANGIBLE FIXED ASSETS
Freehold Plant &
Totals property machinery
£    £    £   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 1,840,942 1,815,642 25,300
DEPRECIATION
At 1 May 2023 372,813 357,988 14,825
Charge for year 48,010 45,391 2,619
At 30 April 2024 420,823 403,379 17,444
NET BOOK VALUE
At 30 April 2024 1,420,119 1,412,263 7,856
At 30 April 2023 1,468,129 1,457,654 10,475

Cost or valuation at 30 April 2024 is represented by:

Freehold Plant &
Totals property machinery
£    £    £   
Valuation in 2017 1,385,120 1,385,120 -
Cost 455,822 430,522 25,300
1,840,942 1,815,642 25,300

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

30.4.24 30.4.23
£    £   
Cost 430,522 430,522
Aggregate depreciation 139,451 139,451

Value of land in freehold land and buildings 291,071 291,071

Freehold property was valued on an open market basis on 30 April 2024 by Mr J B Wicks, director .

WICKS CONSTRUCTION LIMITED (REGISTERED NUMBER: 01781176)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 5,388 15,794
Amounts owed by group undertakings 217,704 161,417
Other debtors 9,059 3,614
232,151 180,825

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 148 795
Taxation and social security 16,861 13,986
Other creditors 2,649 1,104
19,658 15,885