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REGISTERED NUMBER: 03314025 (England and Wales)












Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Wickfields Limited

Wickfields Limited (Registered number: 03314025)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wickfields Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr C A van der Spoel
Mrs A R van der Spoel
Miss E S van der Spoel





SECRETARY: Mr C A van der Spoel





REGISTERED OFFICE: Castle Villa Farm
Hayscastle
HAVERFORDWEST
Pembrokeshire
SA62 5AA





REGISTERED NUMBER: 03314025 (England and Wales)

Wickfields Limited (Registered number: 03314025)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 346,877 327,639

CURRENT ASSETS
Debtors 5 66,508 24,350
Cash at bank 32,098 44,090
98,606 68,440
CREDITORS
Amounts falling due within one year 6 97,341 100,871
NET CURRENT ASSETS/(LIABILITIES) 1,265 (32,431 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

348,142

295,208

PROVISIONS FOR LIABILITIES 28,243 23,911
NET ASSETS 319,899 271,297

CAPITAL AND RESERVES
Called up share capital 80,002 80,002
Retained earnings 239,897 191,295
SHAREHOLDERS' FUNDS 319,899 271,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Wickfields Limited (Registered number: 03314025)

Balance Sheet - continued
28 February 2025


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 4 July 2025 and were signed on its behalf by:




Mr C A van der Spoel - Director



Mrs A R van der Spoel - Director


Wickfields Limited (Registered number: 03314025)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Wickfields 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.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance and 5% on cost
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

Wickfields Limited (Registered number: 03314025)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 March 2024 229,968 512,360 439 742,767
Additions 8,239 46,030 - 54,269
At 28 February 2025 238,207 558,390 439 797,036
DEPRECIATION
At 1 March 2024 102,009 313,082 37 415,128
Charge for year 8,245 26,749 37 35,031
At 28 February 2025 110,254 339,831 74 450,159
NET BOOK VALUE
At 28 February 2025 127,953 218,559 365 346,877
At 29 February 2024 127,959 199,278 402 327,639

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 59,026 24,350
Directors' current accounts 5,284 -
Prepayments and Accrued Income 2,198 -
66,508 24,350

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 6,524 14,471
Tax 8,120 16,723
VAT 1,020 6,182
Directors' current accounts 79,867 61,800
Accrued expenses 1,810 1,695
97,341 100,871

Wickfields Limited (Registered number: 03314025)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25 29.2.24
£    £   
Miss E S van der Spoel
Balance outstanding at start of year (3,360 ) (12,560 )
Amounts advanced 9,144 10,200
Amounts repaid (500 ) (1,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,284 (3,360 )