R Wilkes Transport & Storage Limited 09188091 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is transport and storage solutions for businesses. Digita Accounts Production Advanced 6.30.9574.0 true 09188091 2024-04-01 2025-03-31 09188091 2025-03-31 09188091 core:RetainedEarningsAccumulatedLosses 2025-03-31 09188091 core:ShareCapital 2025-03-31 09188091 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09188091 core:FurnitureFittingsToolsEquipment 2025-03-31 09188091 core:LandBuildings 2025-03-31 09188091 core:MotorVehicles 2025-03-31 09188091 core:OtherPropertyPlantEquipment 2025-03-31 09188091 1 2025-03-31 09188091 bus:SmallEntities 2024-04-01 2025-03-31 09188091 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09188091 bus:FilletedAccounts 2024-04-01 2025-03-31 09188091 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09188091 bus:RegisteredOffice 2024-04-01 2025-03-31 09188091 bus:Director1 2024-04-01 2025-03-31 09188091 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09188091 core:FurnitureFittings 2024-04-01 2025-03-31 09188091 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 09188091 core:LandBuildings 2024-04-01 2025-03-31 09188091 core:MotorVehicles 2024-04-01 2025-03-31 09188091 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 09188091 core:PlantMachinery 2024-04-01 2025-03-31 09188091 countries:England 2024-04-01 2025-03-31 09188091 1 2024-04-01 2025-03-31 09188091 2024-03-31 09188091 core:FurnitureFittingsToolsEquipment 2024-03-31 09188091 core:LandBuildings 2024-03-31 09188091 core:MotorVehicles 2024-03-31 09188091 core:OtherPropertyPlantEquipment 2024-03-31 09188091 1 2024-03-31 09188091 2023-04-01 2024-03-31 09188091 2024-03-31 09188091 core:RetainedEarningsAccumulatedLosses 2024-03-31 09188091 core:ShareCapital 2024-03-31 09188091 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09188091 core:FurnitureFittingsToolsEquipment 2024-03-31 09188091 core:LandBuildings 2024-03-31 09188091 core:MotorVehicles 2024-03-31 09188091 core:OtherPropertyPlantEquipment 2024-03-31 09188091 1 2024-03-31 09188091 1 2023-04-01 2024-03-31 09188091 1 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09188091

R Wilkes Transport & Storage Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

 

R Wilkes Transport & Storage Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

R Wilkes Transport & Storage Limited

Balance Sheet

as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

687,553

675,275

Current assets

 

Debtors

5

952,799

710,814

Cash at bank and in hand

 

654,583

551,411

 

1,607,382

1,262,225

Creditors: Amounts falling due within one year

6

(382,387)

(287,636)

Net current assets

 

1,224,995

974,589

Total assets less current liabilities

 

1,912,548

1,649,864

Provisions for liabilities

(47,877)

(42,149)

Net assets

 

1,864,671

1,607,715

Capital and reserves

 

Allotted, called up and fully paid share capital

1,000

1,000

Profit and loss account

1,863,671

1,606,715

Shareholders' funds

 

1,864,671

1,607,715

Registration number: 09188091

 

R Wilkes Transport & Storage Limited

Balance Sheet

as at 31 March 2025 (continued)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 24 July 2025 and signed on its behalf by:
 

.........................................
Mrs L Giles
Director

 

R Wilkes Transport & Storage Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 09188091.

The address of its registered office is:
Hargrave House
50 Bunyan Road
Kempston
Bedford
Bedfordshire
MK42 8HL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the provision of services is recognised at the point that the service is provided to the buyer.

 

R Wilkes Transport & Storage Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

2

Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost (or deemed cost), less any accumulated depreciation and accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

- 2% per annum on a straight line basis

Fixtures and fittings

- 25% per annum on a straight line basis

Motor vehicles

- 25% per annum on a straight line basis

Plant and machinery

- 25% per annum on a straight line basis

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions are charged to the profit and loss account.

 

R Wilkes Transport & Storage Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 24 (2024 - 22).

4

Tangible assets

Land and buildings
£

Fixtures and fittings
 £

Motor vehicles
 £

Plant and machinery
 £

Total
£

Cost

At 1 April 2024

531,787

14,299

251,396

114,946

912,428

Additions

-

-

91,495

-

91,495

Disposals

-

-

(24,015)

-

(24,015)

At 31 March 2025

531,787

14,299

318,876

114,946

979,908

Depreciation

At 1 April 2024

25,106

14,299

141,966

55,781

237,152

Charge for the year

10,636

-

46,701

21,881

79,218

Eliminated on disposal

-

-

(24,015)

-

(24,015)

At 31 March 2025

35,742

14,299

164,652

77,662

292,355

Net book value

At 31 March 2025

496,045

-

154,224

37,284

687,553

At 31 March 2024

506,680

-

109,430

59,165

675,275

5

Debtors

Current

2025
£

2024
£

Trade debtors

408,863

341,532

Prepayments

90,311

62,480

Other debtors

453,625

306,802

 

952,799

710,814

 

R Wilkes Transport & Storage Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

6

Creditors

2025
£

2024
£

Due within one year

Trade creditors

102,863

79,284

Taxation and social security

105,747

86,808

Other creditors

7,537

4,605

Accruals and deferred income

72,642

51,869

Corporation tax

93,598

65,070

382,387

287,636

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £234,648 (2024 - £79,289).

8

Related party transactions

Transactions with directors

2025

At 1 April 2024
£

Repayments by director
£

At 31 March 2025
£

Director's loan account

16,592

(8,871)

7,721

       
     

 

2024

At 1 April 2023
£

Repayments by director
£

At 31 March 2024
£

Director's loan account

25,259

(8,667)

16,592

       
     

 


Interest is charged each year on the outstanding loan, at the beneficial interest rate set by HMRC.