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REGISTERED NUMBER: 13183022 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Wheatcroft Land (Kirby) Limited

Wheatcroft Land (Kirby) Limited (Registered number: 13183022)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Wheatcroft Land (Kirby) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs C L Haward
C C Haward





REGISTERED OFFICE: Unit 41
The Manor
Main Street
Tur Langton
Leicestershire
LE8 0PJ





REGISTERED NUMBER: 13183022 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Wheatcroft Land (Kirby) Limited (Registered number: 13183022)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 10,381,027 4,019,543
Debtors 4 171,691 79,903
Cash at bank 179,006 13,200
10,731,724 4,112,646
CREDITORS
Amounts falling due within one year 5 11,126,414 4,252,926
NET CURRENT LIABILITIES (394,690 ) (140,280 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(394,690

)

(140,280

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (394,790 ) (140,380 )
(394,690 ) (140,280 )

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





Mrs C L Haward - Director


Wheatcroft Land (Kirby) Limited (Registered number: 13183022)

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

1. STATUTORY INFORMATION

Wheatcroft Land (Kirby) 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.

Turnover
Turnover represents net invoiced sales, excluding value added tax. Turnover is recognised when the company has transferred the significant risk and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

Deferred tax
Deferred tax is recognised in respect of all material timing differences.

A deferred tax asset is only recognised where it is more than likely than not there will be suitable profits from which the future reversal of losses can be deducted.

Work in progress
Work in progress is valued at the lower of cost and net realisable value. The cost of work in progress includes all construction overhead and the attributable proportion of indirect overhead based on normal activity levels. Net realisable value is based on expected selling value less further costs expected to be incurred in completion and disposal.

Options to purchase land
Options are recognised within work in progress at the lower of cost and net realisable value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 1,000 -
Other debtors 39,215 33,231
40,215 33,231

Amounts falling due after more than one year:
Deferred tax asset 131,476 46,672

Aggregate amounts 171,691 79,903

Wheatcroft Land (Kirby) Limited (Registered number: 13183022)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,704,594 -
Trade creditors 134,116 7,284
Amounts owed to group undertakings 4,279,905 4,243,994
Other creditors 5,200 -
Accrued expenses 2,599 1,648
11,126,414 4,252,926

6. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 6,704,594 -