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Company Registration No. 12021350 (England and Wales)
WILKONE PROPERTIES LTD Unaudited accounts for the year ended 31 May 2024
WILKONE PROPERTIES LTD Unaudited accounts Contents
Page
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WILKONE PROPERTIES LTD Company Information for the year ended 31 May 2024
Director
Peter John WILKINS
Company Number
12021350 (England and Wales)
Registered Office
21 West Street Gravesend KENT DA11 0BF ENGLAND
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WILKONE PROPERTIES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
118,162 
120,731 
Current assets
Debtors
52,639 
50,424 
Cash at bank and in hand
2,485 
524 
55,124 
50,948 
Creditors: amounts falling due within one year
(159,712)
(157,122)
Net current liabilities
(104,588)
(106,174)
Total assets less current liabilities
13,574 
14,557 
Creditors: amounts falling due after more than one year
372 
- 
Net assets
13,946 
14,557 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
13,942 
14,553 
Shareholders' funds
13,946 
14,557 
For the year ending 31 May 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 27 February 2025 and were signed on its behalf by
Peter John WILKINS Director Company Registration No. 12021350
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WILKONE PROPERTIES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
WILKONE PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12021350. The registered office is 21 West Street, Gravesend, KENT, DA11 0BF, 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:
Land & buildings
2% Straight Line Basis
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2023
128,438 
At 31 May 2024
128,438 
Depreciation
At 1 June 2023
7,707 
Charge for the year
2,569 
At 31 May 2024
10,276 
Net book value
At 31 May 2024
118,162 
At 31 May 2023
120,731 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
51,395 
50,424 
Amounts falling due after more than one year
Other debtors
1,244 
- 
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WILKONE PROPERTIES LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
126,802 
132,069 
Taxes and social security
372 
- 
Other creditors
31,293 
25,053 
Accruals
795 
- 
Deferred income
450 
- 
159,712 
157,122 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
(372)
- 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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