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REGISTERED NUMBER: 00534695 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Wilson & Son (Hursley) Limited

Wilson & Son (Hursley) Limited (Registered number: 00534695)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Wilson & Son (Hursley) Limited (Registered number: 00534695)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 - 688,460

CURRENT ASSETS
Debtors 5 387,460 -
Investments 6 100 100
Cash at bank 1,570,564 1,607,552
1,958,124 1,607,652
CREDITORS
Amounts falling due within one year 7 65,949 111,894
NET CURRENT ASSETS 1,892,175 1,495,758
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,892,175

2,184,218

CREDITORS
Amounts falling due after more than one
year

8

(6,000

)

(6,000

)

PROVISIONS FOR LIABILITIES 11 - (166,908 )
NET ASSETS 1,886,175 2,011,310

CAPITAL AND RESERVES
Called up share capital 12 6,000 6,000
Fair value reserve - 500,729
Retained earnings 1,880,175 1,504,581
SHAREHOLDERS' FUNDS 1,886,175 2,011,310

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 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.

Wilson & Son (Hursley) Limited (Registered number: 00534695)

Balance Sheet - 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 Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





M Howick - Director


Wilson & Son (Hursley) Limited (Registered number: 00534695)

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

1. STATUTORY INFORMATION

Wilson & Son (Hursley) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00534695

Registered office: Foxlea
Ridgway Road
Pyrford
Woking
Surrey
GU22 8PR

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.

These accounts have not been prepared on a going concern basis as the company is in the process of selling all of the properties owned and, once this has been completed, it is the intention of the members to close down the company.

Investment properties have been valued at the known sales price or the latest valuation obtained. Liabilities have been recognised in the respective time frames in which they are expected to be settled.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Financial instruments
.The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

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.


Wilson & Son (Hursley) Limited (Registered number: 00534695)

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

2. 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY

All investment properties have been disposed of during the financial period.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 387,460 -

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Shares in group undertakings 100 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans (see note 9) - 22,449
Tax 61,935 84,489
Directors' current accounts - 2,091
Accruals and deferred income 4,014 2,865
65,949 111,894

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Preference shares (see note 9) 6,000 6,000

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Trust fund - 22,449

Wilson & Son (Hursley) Limited (Registered number: 00534695)

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

9. LOANS - continued
2024 2023
£    £   
Amounts falling due between one and two years:
Preference shares 6,000 6,000

10. FINANCIAL INSTRUMENTS

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 166,908

Deferred
tax
£   
Balance at 1 April 2023 166,908
Utilised during year (166,908 )
Balance at 31 March 2024 -

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4,100 Ordinary "A" shares £1.00 4,100 4,100
1,300 Ordinary "B" shares £1.00 1,300 1,300
600 Ordinary "C" shares £1.00 600 600
6,000 6,000

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M Howick
Balance outstanding at start of year - -
Amounts advanced 212,000 -
Amounts repaid (12,931 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 199,069 -

Wilson & Son (Hursley) Limited (Registered number: 00534695)

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

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs L Yates
Balance outstanding at start of year - -
Amounts advanced 200,000 -
Amounts repaid (11,609 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 188,391 -

14. POST BALANCE SHEET EVENTS

The company has sold, or is in the process of selling, all of the remaining properties it owns in the year ended 31 March 2024. Properties have been valued in these accounts at their sale value or at the latest valuation prior to sale.