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REGISTERED NUMBER: 03644505 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

WIMBLEHURST LIMITED

WIMBLEHURST LIMITED (REGISTERED NUMBER: 03644505)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WIMBLEHURST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R S Bedi
Mrs H P K Bedi





SECRETARY: Mrs H P K Bedi





REGISTERED OFFICE: 6 Wimblehurst Road
Horsham
West Sussex
RH12 2ED





REGISTERED NUMBER: 03644505 (England and Wales)





ACCOUNTANTS: Arithma Accountants Limited
8th Floor Becket House
36 Old Jewry
London
EC2R 8DD

WIMBLEHURST LIMITED (REGISTERED NUMBER: 03644505)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 836,696 846,539

CURRENT ASSETS
Stocks 200 330
Debtors 5 328,525 15,320
Cash at bank and in hand 44 37
328,769 15,687
CREDITORS
Amounts falling due within one year 6 82,341 86,631
NET CURRENT ASSETS/(LIABILITIES) 246,428 (70,944 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,083,124

775,595

CREDITORS
Amounts falling due after more than one
year

7

387,993

91,470
NET ASSETS 695,131 684,125

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 695,031 684,025
SHAREHOLDERS' FUNDS 695,131 684,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

WIMBLEHURST LIMITED (REGISTERED NUMBER: 03644505)

BALANCE SHEET - continued
30 JUNE 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 26 March 2025 and were signed on its behalf by:





R S Bedi - Director


WIMBLEHURST LIMITED (REGISTERED NUMBER: 03644505)

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


1. STATUTORY INFORMATION

Wimblehurst 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.

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 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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

WIMBLEHURST LIMITED (REGISTERED NUMBER: 03644505)

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2023 975,000 115,088 1,090,088
Additions - 1,474 1,474
At 30 June 2024 975,000 116,562 1,091,562
DEPRECIATION
At 1 July 2023 136,007 107,542 243,549
Charge for year 8,789 2,528 11,317
At 30 June 2024 144,796 110,070 254,866
NET BOOK VALUE
At 30 June 2024 830,204 6,492 836,696
At 30 June 2023 838,993 7,546 846,539

Cost or valuation at 30 June 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2023 535,560 1,474 537,034
Cost 439,440 115,088 554,528
975,000 116,562 1,091,562

The property was revalued on 31 May 2023 by Anderson Wilde & Harris at £975,000.

WIMBLEHURST LIMITED (REGISTERED NUMBER: 03644505)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,410 8,986
Other debtors 316,115 6,334
328,525 15,320

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,715 9,150
Trade creditors 6,456 3,786
Taxation and social security 17,044 18,433
Other creditors 51,126 55,262
82,341 86,631

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 360,993 64,470
Other creditors 27,000 27,000
387,993 91,470

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Sundry loans 27,000 27,000

Bank loans consist of a government backed bounce-back loan, on which 2.5% interest is payable from the anniversary of the receipt of the loan, unless the loan is repaid prior to the anniversary date.

8. RELATED PARTY DISCLOSURES

During the period ended 30 June 2024, the director Mrs HPK Bedi was paid a dividend of £10,000 (2023 £10,550).
Mr R.S. Bedi who holds 50% of the shares in the company waived his rights to dividends of £10,000 for the year ended 30 June 2024.