WHEEL PLANT LIMITED

Company Registration Number:
06160401 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

WHEEL PLANT LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

WHEEL PLANT LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 4,244,694 4,914,250
Total fixed assets: 4,244,694 4,914,250
Current assets
Debtors: 4 1,178,612 411,308
Cash at bank and in hand: 246,257 695,613
Total current assets: 1,424,869 1,106,921
Creditors: amounts falling due within one year: 5 (704,930) (614,050)
Net current assets (liabilities): 719,939 492,871
Total assets less current liabilities: 4,964,633 5,407,121
Creditors: amounts falling due after more than one year: 6 (488,076) (723,582)
Provision for liabilities: (728,515) (916,076)
Total net assets (liabilities): 3,748,042 3,767,463
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 3,748,040 3,767,461
Shareholders funds: 3,748,042 3,767,463

The notes form part of these financial statements

WHEEL PLANT LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 March 2025
and signed on behalf of the board by:

Name: P D Wheeldon
Status: Director

The notes form part of these financial statements

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 43 45

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 6,858,854
Additions 1,289,315
Disposals (1,416,878)
Revaluations (205,961)
At 30 September 2024 6,525,330
Depreciation
At 01 October 2023 1,944,604
Charge for year 648,427
On disposals (312,395)
At 30 September 2024 2,280,636
Net book value
At 30 September 2024 4,244,694
At 30 September 2023 4,914,250

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 Bank loans and overdrafts £23,308 Hire purchase contracts £330,957 Trade creditors £46,540 Taxation and social security £226,729 Other creditors £77,396 Total £704,930 2023 Bank loans and overdrafts £40,431 Hire purchase contracts £308,669 Trade creditors £50,713 Taxation and social security £123,490 Other creditors £90,747 Total £614,050

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due after more than one year note

2024 Bank loans £243,361 Hire purchase contracts £244,715 Total £488,076 2023 Bank loans £491,122 Hire purchase contracts £232,460 Total £723,582

WHEEL PLANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Loans to directors

Name of director receiving advance or credit: P D Wheeldon
Description of the loan: Directors loan
£
Balance at 01 October 2023 127,819
Advances or credits made: 887,096
Advances or credits repaid: 533,340
Balance at 30 September 2024 481,575