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REGISTERED NUMBER: 05526992 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

J P Wild Limited

J P Wild Limited (Registered number: 05526992)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


J P Wild Limited (Registered number: 05526992)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 646,521 626,285

CURRENT ASSETS
Stocks 5 4,097,400 3,754,621
Debtors 6 3,713,835 2,024,247
Cash at bank and in hand 1,330,315 560,361
9,141,550 6,339,229
CREDITORS
Amounts falling due within one year 7 7,896,522 4,545,416
NET CURRENT ASSETS 1,245,028 1,793,813
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,891,549

2,420,098

CREDITORS
Amounts falling due after more than one
year

8

(93,184

)

(196,547

)

PROVISIONS FOR LIABILITIES (161,630 ) (156,571 )
NET ASSETS 1,636,735 2,066,980

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,636,635 2,066,880
SHAREHOLDERS' FUNDS 1,636,735 2,066,980

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.

J P Wild Limited (Registered number: 05526992)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





J P Doherty - Director


J P Wild Limited (Registered number: 05526992)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

J P Wild 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: 05526992

Registered office: Ingram Road
Holbeck
Leeds
West Yorkshire
LS11 9RQ

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.

Turnover
Turnover represents the goods and services sold to customers during the year excluding value added tax.
Turnover from house building activities is recognised upon completion of each sale.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stock and work in progress
Stock and work in progress is valued at the lower of cost and net realisable value.

Work in progress refers to speculative developments.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


J P Wild Limited (Registered number: 05526992)

Notes to the Financial Statements - continued
for the Year Ended 30 June 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.

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.

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.

Creditors
Short term creditors are measured at the transaction price.

Debtors
Short term debtors are measured at transaction price, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2023 - 36 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 347,663 901,924 1,249,587
Additions 47,830 170,550 218,380
Disposals (1,099 ) (102,772 ) (103,871 )
At 30 June 2024 394,394 969,702 1,364,096
DEPRECIATION
At 1 July 2023 240,735 382,567 623,302
Charge for year 30,082 148,647 178,729
Eliminated on disposal (854 ) (83,602 ) (84,456 )
At 30 June 2024 269,963 447,612 717,575
NET BOOK VALUE
At 30 June 2024 124,431 522,090 646,521
At 30 June 2023 106,928 519,357 626,285

J P Wild Limited (Registered number: 05526992)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. STOCKS
30.6.24 30.6.23
£    £   
Stocks - 526,493
Work-in-progress 4,097,400 3,228,128
4,097,400 3,754,621

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 2,247,579 1,126,661
Other debtors 1,466,256 897,586
3,713,835 2,024,247

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 122,159 123,778
Trade creditors 3,197,999 1,501,704
Amounts owed to group undertakings 1,989,000 1,849,000
Taxation and social security 936,013 383,477
Other creditors 1,651,351 687,457
7,896,522 4,545,416

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 93,184 196,547

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Hire purchase contracts 215,343 320,325

10. RELATED PARTY DISCLOSURES

During the period the company provided services to a director to the value of £936,768
(2023: £1,213,471). At the balance sheet date the amounts owed to the company were £53,551
(2023: £126,345). All transactions were at an arms length basis.

During the year a loan of £170,000 was made to Keldo Investments Limited, a company owned by 2 directors of the company. Amounts outstanding at the balance sheet date were £170,000 (2022: £nil).

J P Wild Limited (Registered number: 05526992)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

11. PARENT COMPANY

The company's parent company is J P Wild (Holdings) Limited, which is controlled by The J P Wild Employee Ownership Trustee Limited, with effect from 30 September 2022.

J P Wild (Holdings) Limited's registered office is Ingram Road, Holbeck, Leeds, LS11 9RQ and this is also the address of its principal place of business.