IRIS Accounts Production v25.1.0.734 01488822 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014888222023-08-31014888222024-08-31014888222023-09-012024-08-31014888222022-08-31014888222022-09-012023-08-31014888222023-08-3101488822ns15:EnglandWales2023-09-012024-08-3101488822ns14:PoundSterling2023-09-012024-08-3101488822ns10:Director12023-09-012024-08-3101488822ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3101488822ns10:SmallEntities2023-09-012024-08-3101488822ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3101488822ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3101488822ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3101488822ns10:FullAccounts2023-09-012024-08-3101488822ns10:Director22023-09-012024-08-3101488822ns10:RegisteredOffice2023-09-012024-08-3101488822ns5:CurrentFinancialInstruments2024-08-3101488822ns5:CurrentFinancialInstruments2023-08-3101488822ns5:Non-currentFinancialInstruments2024-08-3101488822ns5:Non-currentFinancialInstruments2023-08-3101488822ns5:ShareCapital2024-08-3101488822ns5:ShareCapital2023-08-3101488822ns5:RevaluationReserve2024-08-3101488822ns5:RevaluationReserve2023-08-3101488822ns5:RetainedEarningsAccumulatedLosses2024-08-3101488822ns5:RetainedEarningsAccumulatedLosses2023-08-3101488822ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-09-012024-08-3101488822ns5:PlantMachinery2023-09-012024-08-3101488822ns5:FurnitureFittings2023-09-012024-08-3101488822ns5:MotorVehicles2023-09-012024-08-3101488822ns5:ComputerEquipment2023-09-012024-08-3101488822ns5:LandBuildings2023-08-3101488822ns5:PlantMachinery2023-08-3101488822ns5:LandBuildings2023-09-012024-08-3101488822ns5:LandBuildings2024-08-3101488822ns5:PlantMachinery2024-08-3101488822ns5:LandBuildings2023-08-3101488822ns5:PlantMachinery2023-08-3101488822ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3101488822ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3101488822ns5:RevaluationReserve2023-08-31014888221ns10:Director12023-08-31014888221ns10:Director12022-08-31014888221ns10:Director12023-09-012024-08-31014888221ns10:Director12022-09-012023-08-31014888221ns10:Director12024-08-31014888221ns10:Director12023-08-31
REGISTERED NUMBER: 01488822 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WHEELGAME LIMITED

WHEELGAME LIMITED (REGISTERED NUMBER: 01488822)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHEELGAME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: G J Appleton
M C Chandler





REGISTERED OFFICE: 32 Mulfords Hill
Tadley
Basingstoke
Hampshire
RG26 3JE





REGISTERED NUMBER: 01488822 (England and Wales)





ACCOUNTANTS: Wentworths & Associates Limited
White Hart House
Silwood Road
Ascot
Berkshire
SL5 0PY

WHEELGAME LIMITED (REGISTERED NUMBER: 01488822)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 321,390 322,174

CURRENT ASSETS
Stocks 55,513 68,112
Debtors 5 114,632 97,088
Cash at bank and in hand 2,190 1,214
172,335 166,414
CREDITORS
Amounts falling due within one year 6 180,518 161,957
NET CURRENT (LIABILITIES)/ASSETS (8,183 ) 4,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

313,207

326,631

CREDITORS
Amounts falling due after more than one
year

7

8,456

19,729
NET ASSETS 304,751 306,902

CAPITAL AND RESERVES
Called up share capital 163,700 163,600
Revaluation reserve 8 197,273 197,273
Retained earnings (56,222 ) (53,971 )
304,751 306,902

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

WHEELGAME LIMITED (REGISTERED NUMBER: 01488822)

BALANCE SHEET - continued
31 AUGUST 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 28 April 2025 and were signed on its behalf by:





G J Appleton - Director


WHEELGAME LIMITED (REGISTERED NUMBER: 01488822)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Wheelgame 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 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.
Freehold property - not provided
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% 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.

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.

WHEELGAME LIMITED (REGISTERED NUMBER: 01488822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 312,699 46,193 358,892
Additions - 1,237 1,237
Disposals - (483 ) (483 )
At 31 August 2024 312,699 46,947 359,646
DEPRECIATION
At 1 September 2023 - 36,718 36,718
Charge for year - 1,875 1,875
Eliminated on disposal - (337 ) (337 )
At 31 August 2024 - 38,256 38,256
NET BOOK VALUE
At 31 August 2024 312,699 8,691 321,390
At 31 August 2023 312,699 9,475 322,174

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 49,099 30,138
Other debtors 65,533 66,950
114,632 97,088

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 58,975 55,223
Trade creditors 107,410 94,655
Taxation and social security 10,046 11,863
Other creditors 4,087 216
180,518 161,957

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,456 19,729

WHEELGAME LIMITED (REGISTERED NUMBER: 01488822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 197,273

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
G J Appleton
Balance outstanding at start of year 52,262 48,916
Amounts advanced - 3,346
Amounts repaid (352 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 51,910 52,262