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REGISTERED NUMBER: 01892920 (England and Wales)















WILTAN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






WILTAN LIMITED (REGISTERED NUMBER: 01892920)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILTAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: Z M Itani
A J Itani





SECRETARY: A J Itani





REGISTERED OFFICE: Unit 1 Ambassador Buildings
Pontnewynydd Industrial Estate
Pontypool
Torfaen
NP4 6YW





REGISTERED NUMBER: 01892920 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

WILTAN LIMITED (REGISTERED NUMBER: 01892920)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 153,588 186,718
153,588 186,718

CURRENT ASSETS
Stocks 258,915 105,585
Debtors 6 185,806 184,770
Cash at bank 436,554 609,211
881,275 899,566
CREDITORS
Amounts falling due within one year 7 267,890 209,198
NET CURRENT ASSETS 613,385 690,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

766,973

877,086

PROVISIONS FOR LIABILITIES 31,072 36,039
NET ASSETS 735,901 841,047

CAPITAL AND RESERVES
Called up share capital 8 80,000 80,000
Capital redemption reserve 21,944 21,944
Retained earnings 633,957 739,103
SHAREHOLDERS' FUNDS 735,901 841,047

WILTAN LIMITED (REGISTERED NUMBER: 01892920)

BALANCE SHEET - continued
31ST MARCH 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd June 2025 and were signed on its behalf by:





Z M Itani - Director


WILTAN LIMITED (REGISTERED NUMBER: 01892920)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Wiltan 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

WILTAN LIMITED (REGISTERED NUMBER: 01892920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

2. ACCOUNTING POLICIES - continued

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.

Goodwill
Goodwill is fully amortised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1st April 2024
and 31st March 2025 131,168 150 131,318
AMORTISATION
At 1st April 2024
and 31st March 2025 131,168 150 131,318
NET BOOK VALUE
At 31st March 2025 - - -
At 31st March 2024 - - -

WILTAN LIMITED (REGISTERED NUMBER: 01892920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st April 2024 44,707 816,910 79,847
Additions - 7,340 5,744
Disposals - (154,151 ) (2,264 )
At 31st March 2025 44,707 670,099 83,327
DEPRECIATION
At 1st April 2024 14,510 692,910 61,597
Charge for year 894 30,897 3,485
Eliminated on disposal - (147,539 ) (1,506 )
At 31st March 2025 15,404 576,268 63,576
NET BOOK VALUE
At 31st March 2025 29,303 93,831 19,751
At 31st March 2024 30,197 124,000 18,250

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st April 2024 22,880 17,229 981,573
Additions - - 13,084
Disposals - - (156,415 )
At 31st March 2025 22,880 17,229 838,242
DEPRECIATION
At 1st April 2024 18,467 7,371 794,855
Charge for year 1,103 2,465 38,844
Eliminated on disposal - - (149,045 )
At 31st March 2025 19,570 9,836 684,654
NET BOOK VALUE
At 31st March 2025 3,310 7,393 153,588
At 31st March 2024 4,413 9,858 186,718

WILTAN LIMITED (REGISTERED NUMBER: 01892920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 180,406 184,770
Itani Holdings Ltd 5,400 -
185,806 184,770

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 119,301 38,137
Corporation Tax 67,209 104,088
Social security and other taxes 10,652 6,991
VAT 55,283 52,876
Other creditors 7,886 1,414
Accrued expenses 7,559 5,692
267,890 209,198

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
80,000 Ordinary £1 80,000 80,000

9. RELATED PARTY DISCLOSURES

The company paid rent of £56,940 (2024 - £97,611) to Wiltan Holdings Limited in the year, a company which is jointly controlled by the directors A J Itani and Z M Itani.

The company paid rent of £41,662 (2024 - £Nil) to Itani Holdings Ltd in the year, a company which is jointly controlled by the directors A J Itani and Z M Itani.

At the year end the company owed £5,400 (2024 - £Nil) to Itani Holdings Ltd, a company
under the control of the directors A J Itani and Z M Itani.