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REGISTERED NUMBER: 06695578 (England and Wales)
















WHEELER HICKSON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHEELER HICKSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: P J Eveleigh
Mrs W J Eveleigh





REGISTERED OFFICE: 98-100 Fore Street
Hertford
Hertfordshire
SG14 1AB





REGISTERED NUMBER: 06695578 (England and Wales)





ACCOUNTANTS: UHY BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 25,801 32,342

CURRENT ASSETS
Debtors 5 22,896 23,068
Cash at bank 89,064 4,753
111,960 27,821
CREDITORS
Amounts falling due within one year 6 62,836 25,360
NET CURRENT ASSETS 49,124 2,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,925

34,803

CREDITORS
Amounts falling due after more than one
year

7

(14,245

)

(18,027

)

PROVISIONS FOR LIABILITIES - (380 )
NET ASSETS 60,680 16,396

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 60,580 16,296
60,680 16,396

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

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

WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)

BALANCE SHEET - continued
31 MARCH 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 16 July 2025 and were signed on its behalf by:





P J Eveleigh - Director


WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)

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

1. STATUTORY INFORMATION

Wheeler Hickson 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.

The presentation currency of the financial statements is the Pound Sterling £.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e.cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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.


WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)

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

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2024 85,301
Additions 1,955
At 31 March 2025 87,256
DEPRECIATION
At 1 April 2024 52,959
Charge for year 8,496
At 31 March 2025 61,455
NET BOOK VALUE
At 31 March 2025 25,801
At 31 March 2024 32,342

WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
At 1 April 2024
and 31 March 2025 31,449
DEPRECIATION
At 1 April 2024 10,948
Charge for year 5,125
At 31 March 2025 16,073
NET BOOK VALUE
At 31 March 2025 15,376
At 31 March 2024 20,501

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Other debtors 22,896 23,068

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Hire purchase contracts (see note 8) 3,782 3,538
Trade creditors 312 1,175
Taxation and social security 37,210 13,888
Other creditors 21,532 6,759
62,836 25,360

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£ £
Hire purchase contracts (see note 8) 14,245 18,027

WHEELER HICKSON LIMITED (REGISTERED NUMBER: 06695578)

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

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£ £
Net obligations repayable:
Within one year 3,782 3,538
Between one and five years 14,245 18,027
18,027 21,565

Non-cancellable
operating leases
2025 2024
£ £
Within one year 7,600 7,600
Between one and five years 17,733 25,333
25,333 32,933

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£ £
P J Eveleigh and Mrs W J Eveleigh
Balance outstanding at start of year 19,862 1,862
Amounts advanced 19,840 18,000
Amounts repaid (19,862 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,840 19,862