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REGISTERED NUMBER: 11943231 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Wilshers DEJ Ltd

Wilshers DEJ Ltd (Registered number: 11943231)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wilshers DEJ Ltd

Company Information
for the year ended 31 May 2024







DIRECTORS: Ms C Abild-Jones
M Sheridan





REGISTERED OFFICE: 10-11 Heathfield Terrace
London
W4 4JE





REGISTERED NUMBER: 11943231 (England and Wales)





ACCOUNTANTS: WILSHERS DEJ
10-11 Heathfield Terrace
London
W4 4JE

Wilshers DEJ Ltd (Registered number: 11943231)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,133 41,349

CURRENT ASSETS
Stocks 113,766 113,766
Debtors 5 429,268 341,847
Cash at bank 17,112 3,578
560,146 459,191
CREDITORS
Amounts falling due within one year 6 503,575 339,829
NET CURRENT ASSETS 56,571 119,362
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,704

160,711

CAPITAL AND RESERVES
Called up share capital 409 409
Retained earnings 91,295 160,302
SHAREHOLDERS' FUNDS 91,704 160,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Wilshers DEJ Ltd (Registered number: 11943231)

Balance Sheet - continued
31 May 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 28 February 2025 and were signed on its behalf by:





M Sheridan - Director


Wilshers DEJ Ltd (Registered number: 11943231)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

The comparative balances have been restated under FRS 102 to reflect the change in ownership. The immediate parent company was Xeinadin Group Limited. The ultimate parent company was Xeinadin Topco 1 Limited. Both companies are registered in the United Kingdom and their registered office address is at, 8th Floor Becket House, 36 Old Jewry, London, EC2R 8DD. The consolidated financial statement of Xeinadin Group Limited are available to the public from Companies House, Crown Way, Cardif relate only to the comparative balances at 31 May 2023.

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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Wilshers DEJ Ltd (Registered number: 11943231)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Leases
Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 112,253 36,532 148,785
DEPRECIATION
At 1 June 2023 82,843 24,593 107,436
Charge for year - 6,216 6,216
At 31 May 2024 82,843 30,809 113,652
NET BOOK VALUE
At 31 May 2024 29,410 5,723 35,133
At 31 May 2023 29,410 11,939 41,349

Wilshers DEJ Ltd (Registered number: 11943231)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 418,368 325,347
Other debtors 10,900 16,500
429,268 341,847

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 89,522 29,568
Taxation and social security 179,519 66,643
Other creditors 234,534 243,618
503,575 339,829