IRIS Accounts Production v25.1.0.734 03568756 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035687562023-07-31035687562024-07-31035687562023-08-012024-07-31035687562022-07-31035687562022-08-012023-07-31035687562023-07-3103568756ns15:EnglandWales2023-08-012024-07-3103568756ns14:PoundSterling2023-08-012024-07-3103568756ns10:Director12023-08-012024-07-3103568756ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3103568756ns10:SmallEntities2023-08-012024-07-3103568756ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3103568756ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3103568756ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3103568756ns10:FullAccounts2023-08-012024-07-3103568756ns10:Director22023-08-012024-07-3103568756ns10:RegisteredOffice2023-08-012024-07-3103568756ns5:CurrentFinancialInstruments2024-07-3103568756ns5:CurrentFinancialInstruments2023-07-3103568756ns5:ShareCapital2024-07-3103568756ns5:ShareCapital2023-07-3103568756ns5:RetainedEarningsAccumulatedLosses2024-07-3103568756ns5:RetainedEarningsAccumulatedLosses2023-07-3103568756ns5:PlantMachinery2023-08-012024-07-3103568756ns5:ComputerEquipment2023-08-012024-07-3103568756ns5:LandBuildings2023-07-3103568756ns5:PlantMachinery2023-07-3103568756ns5:ComputerEquipment2023-07-3103568756ns5:LandBuildings2023-08-012024-07-3103568756ns5:LandBuildings2024-07-3103568756ns5:PlantMachinery2024-07-3103568756ns5:ComputerEquipment2024-07-3103568756ns5:LandBuildings2023-07-3103568756ns5:PlantMachinery2023-07-3103568756ns5:ComputerEquipment2023-07-3103568756ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3103568756ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31035687561ns10:Director12023-07-31035687561ns10:Director12022-07-31035687561ns10:Director12023-08-012024-07-31035687561ns10:Director12022-08-012023-07-31035687561ns10:Director12024-07-31035687561ns10:Director12023-07-31
















WILKINSON SKIPS LIMITED

Unaudited Financial Statements

for the Year Ended 31st July 2024






WILKINSON SKIPS LIMITED (REGISTERED NUMBER: 03568756)






Contents of the Financial Statements
for the year ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WILKINSON SKIPS LIMITED

Company Information
for the year ended 31st July 2024







DIRECTORS: D Wilkinson
Dr R Wilkinson





REGISTERED OFFICE: 1 Abbots Quay
Monks Ferry
Birkenhead
Merseyside
CH41 5LH





REGISTERED NUMBER: 03568756 (England and Wales)






WILKINSON SKIPS LIMITED (REGISTERED NUMBER: 03568756)

Balance Sheet
31st July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 81,343 84,474

CURRENT ASSETS
Stocks 50,000 18,000
Debtors 5 138,024 177,410
Cash at bank 202,511 296,966
390,535 492,376
CREDITORS
Amounts falling due within one year 6 123,590 204,691
NET CURRENT ASSETS 266,945 287,685
TOTAL ASSETS LESS CURRENT LIABILITIES 348,288 372,159

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 348,286 372,157
SHAREHOLDERS' FUNDS 348,288 372,159

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th March 2025 and were signed on its behalf by:




D Wilkinson - Director


WILKINSON SKIPS LIMITED (REGISTERED NUMBER: 03568756)

Notes to the Financial Statements
for the year ended 31st July 2024

1. STATUTORY INFORMATION

Wilkinson Skips 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.

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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The estimates and assumptions that have a high risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year are:

Freehold property is reviewed annually and is revalued in line with managements' opinion of the value of this property at each balance sheet date. The revaluation is based on historical experience as well as considering future events which may impact the value of freehold property, such as changes in market demands.

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.
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on cost

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

Financial instruments
Debtors and creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

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.


WILKINSON SKIPS LIMITED (REGISTERED NUMBER: 03568756)

Notes to the Financial Statements - continued
for the year ended 31st July 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.

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 3 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1st August 2023
and 31st July 2024 63,600 109,493 2,517 175,610
DEPRECIATION
At 1st August 2023 - 88,619 2,517 91,136
Charge for year - 3,131 - 3,131
At 31st July 2024 - 91,750 2,517 94,267
NET BOOK VALUE
At 31st July 2024 63,600 17,743 - 81,343
At 31st July 2023 63,600 20,874 - 84,474

Freehold property is shown at most recent valuation.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,872 31,392
Other debtors 135,152 146,018
138,024 177,410

WILKINSON SKIPS LIMITED (REGISTERED NUMBER: 03568756)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 111,954 154,303
Taxation and social security 8,108 45,140
Other creditors 3,528 5,248
123,590 204,691

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2024 and 31st July 2023:

2024 2023
£    £   
D Wilkinson
Balance outstanding at start of year 125,475 61,180
Amounts advanced 58,136 100,295
Amounts repaid (74,100 ) (36,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 109,511 125,475

The above loan is interest free and repayable on demand.