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
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
WILKONE PROPERTIES LTD
Statement of financial position
as at 31 May 2024
Tangible assets
118,162
120,731
Cash at bank and in hand
2,485
524
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
-
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
WILKONE PROPERTIES LTD
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Amounts falling due within one year
Other debtors
51,395
50,424
Amounts falling due after more than one year
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
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).