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REGISTERED NUMBER: 00499157 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

WINGFIELD ENGINEERING LIMITED

WINGFIELD ENGINEERING LIMITED (REGISTERED NUMBER: 00499157)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WINGFIELD ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: M Wingfield
G Wingfield





SECRETARY: G Wingfield





REGISTERED OFFICE: 372 Reading Road
Winnersh
Wokingham
Berkshire
RG41 5EJ





REGISTERED NUMBER: 00499157 (England and Wales)

WINGFIELD ENGINEERING LIMITED (REGISTERED NUMBER: 00499157)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,887 13,208

CURRENT ASSETS
Stocks 3,000 2,200
Debtors 5 10,845 8,828
Cash at bank and in hand 200,634 276,443
214,479 287,471
CREDITORS
Amounts falling due within one year 6 12,550 33,777
NET CURRENT ASSETS 201,929 253,694
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,816

266,902

PROVISIONS FOR LIABILITIES 2,972 3,302
NET ASSETS 210,844 263,600

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 210,744 263,500
210,844 263,600

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.

WINGFIELD ENGINEERING LIMITED (REGISTERED NUMBER: 00499157)

BALANCE SHEET - continued
30 SEPTEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





G Wingfield - Director


WINGFIELD ENGINEERING LIMITED (REGISTERED NUMBER: 00499157)

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

1. STATUTORY INFORMATION

Wingfield Engineering Limited is a private company, limited by shares, registered in England and Wales. The address of its registered office is 372 Reading Road, Winnersh, Wokingham, Berkshire, RG41 5EJ.

The principal activity of the company is that of the repair and maintenance of motor vehicles.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

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
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation on tangible fixed assets is charged to profit or loss so as to write off their value over their estimated useful lives:
Plant and machinery etc - 10% on reducing balance and straight line over 10 years.

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
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

WINGFIELD ENGINEERING LIMITED (REGISTERED NUMBER: 00499157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Leasehold Garage
improvements equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 72,277 61,654 133,931
DEPRECIATION
At 1 October 2023 72,277 48,446 120,723
Charge for year - 1,321 1,321
At 30 September 2024 72,277 49,767 122,044
NET BOOK VALUE
At 30 September 2024 - 11,887 11,887
At 30 September 2023 - 13,208 13,208

WINGFIELD ENGINEERING LIMITED (REGISTERED NUMBER: 00499157)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 1,959 5,874
Other debtors 8,886 2,954
10,845 8,828

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 6,726 5,469
Taxation and social security 1,829 24,493
Other creditors 3,995 3,815
12,550 33,777