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REGISTERED NUMBER: 08254638 (England and Wales)















Wilson Builders Ltd

Unaudited Financial Statements for the Year Ended 31 October 2024






Wilson Builders Ltd (Registered number: 08254638)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Wilson Builders Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: D M Wilson





REGISTERED OFFICE: 32 The Crescent
Spalding
Lincolnshire
PE11 1AF





REGISTERED NUMBER: 08254638 (England and Wales)





ACCOUNTANTS: Salway and Wright
32 The Crescent
Spalding
Lincolnshire
PE11 1AF

Wilson Builders Ltd (Registered number: 08254638)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,915 55,814

CURRENT ASSETS
Stocks 352,000 410,000
Debtors 5 89,231 23,519
Cash at bank 24,144 26,441
465,375 459,960
CREDITORS
Amounts falling due within one year 6 409,909 409,403
NET CURRENT ASSETS 55,466 50,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,381

106,371

CREDITORS
Amounts falling due after more than one
year

7

18,857

27,704
NET ASSETS 79,524 78,667

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 79,514 78,657
SHAREHOLDERS' FUNDS 79,524 78,667

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Wilson Builders Ltd (Registered number: 08254638)

Balance Sheet - continued
31 October 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 director and authorised for issue on 11 July 2025 and were signed by:





D M Wilson - Director


Wilson Builders Ltd (Registered number: 08254638)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Wilson Builders Ltd 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.
Equipment - 25% on reducing balance
Motor vehicles - 25% 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.

3. EMPLOYEES AND DIRECTORS

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

Wilson Builders Ltd (Registered number: 08254638)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 38,642 108,617 147,259
DEPRECIATION
At 1 November 2023 28,174 63,271 91,445
Charge for year 2,455 10,444 12,899
At 31 October 2024 30,629 73,715 104,344
NET BOOK VALUE
At 31 October 2024 8,013 34,902 42,915
At 31 October 2023 10,468 45,346 55,814

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 8,524 16,130
Other debtors 80,707 7,389
89,231 23,519

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 8,333 8,333
Trade creditors 8,522 8,066
Tax 2,854 2,804
Loans from Stephanie Wilson 390,200 390,200
409,909 409,403

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 8,333 8,333
Bank loans - 2-5 years 10,524 19,371
18,857 27,704