WILSON'S RESTRINGING SERVICE LIMITED

Company Registration Number:
08286408 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

WILSON'S RESTRINGING SERVICE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

WILSON'S RESTRINGING SERVICE LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 7,450 5,077
Total fixed assets: 7,450 5,077
Current assets
Stocks: 4 11,628 8,691
Debtors: 5 28,924 18,025
Cash at bank and in hand: 22,156 18,380
Total current assets: 62,708 45,096
Creditors: amounts falling due within one year: 6 ( 36,505 ) ( 26,343 )
Net current assets (liabilities): 26,203 18,753
Total assets less current liabilities: 33,653 23,830
Creditors: amounts falling due after more than one year: 7 ( 5,226 ) ( 10,884 )
Total net assets (liabilities): 28,427 12,946
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 28,327 12,846
Total Shareholders' funds: 28,427 12,946

The notes form part of these financial statements

WILSON'S RESTRINGING SERVICE LIMITED

Balance sheet statements

For the year ending 31 December 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.

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

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

This report was approved by the board of directors on 14 July 2025
and signed on behalf of the board by:

Name: Mrs N Barley
Status: Director

The notes form part of these financial statements

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant & Machinery -15% reducing balance Office equipment -20% reducing balance

    Valuation information and policy

    Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

    Other accounting policies

    The taxation expense represents the aggregate amount of current tax recognised in the reporting period.

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 8,599 2,330 10,929
Additions 2,622 1,249 3,871
Disposals
Revaluations
Transfers
At 31 December 2024 11,221 3,579 14,800
Depreciation
At 1 January 2024 5,386 466 5,852
Charge for year 875 623 1,498
On disposals
Other adjustments
At 31 December 2024 6,261 1,089 7,350
Net book value
At 31 December 2024 4,960 2,490 7,450
At 31 December 2023 3,213 1,864 5,077

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

2024 2023
£ £
Stocks 11,628 8,691
Total 11,628 8,691

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Trade debtors 20,374 14,058
Other debtors 8,550 3,967
Total 28,924 18,025

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 5,558 5,558
Trade creditors 9,566 3,344
Taxation and social security 19,917 13,655
Accruals and deferred income 1,464 1,390
Other creditors 0 2,396
Total 36,505 26,343

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

2024 2023
£ £
Bank loans and overdrafts 5,226 10,884
Total 5,226 10,884

WILSON'S RESTRINGING SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Loans to directors

The Director's loan account became overdrawn towards the end of the year.The maximum indebtedness in this respect was £2,520 at the year-end. Official rate interest is applied to overdrawn loans for tax purposes.