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REGISTERED NUMBER: 03190804 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2025

for

A.C.Wilgar Limited

A.C.Wilgar Limited (Registered number: 03190804)






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


A.C.Wilgar Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: W A C Wilgar





REGISTERED OFFICE: Unit 1
Metro Centre
Bridge Road
Orpington
Kent
BR5 2BE





REGISTERED NUMBER: 03190804 (England and Wales)





ACCOUNTANTS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

A.C.Wilgar Limited (Registered number: 03190804)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 117,960 147,368
117,960 147,368

CURRENT ASSETS
Stocks 67,600 55,500
Debtors 6 289,022 270,721
Cash at bank and in hand 403,037 568,610
759,659 894,831
CREDITORS
Amounts falling due within one year 7 (610,117 ) (585,070 )
NET CURRENT ASSETS 149,542 309,761
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,502

457,129

PROVISIONS FOR LIABILITIES (23,263 ) (28,875 )
NET ASSETS 244,239 428,254

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 244,139 428,154
SHAREHOLDERS' FUNDS 244,239 428,254

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 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.

A.C.Wilgar Limited (Registered number: 03190804)

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 director and authorised for issue on 20 June 2025 and were signed by:





W A C Wilgar - Director


A.C.Wilgar Limited (Registered number: 03190804)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

A.C.Wilgar 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.

INTANGIBLE FIXED ASSETS
Intangible fixed assets are being amortised evenly over its estimated useful life of four years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 25% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

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.

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.

A.C.Wilgar Limited (Registered number: 03190804)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 35 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£ £ £
COST
At 1 April 2024
and 31 March 2025 30,000 22,163 52,163
AMORTISATION
At 1 April 2024
and 31 March 2025 30,000 22,163 52,163
NET BOOK VALUE
At 31 March 2025 - - -
At 31 March 2024 - - -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£ £ £ £ £
COST
At 1 April 2024 72,766 76,771 178,606 413,302 741,445
Additions - 2,699 5,232 35,401 43,332
Disposals - - - (17,362 ) (17,362 )
At 31 March 2025 72,766 79,470 183,838 431,341 767,415
DEPRECIATION
At 1 April 2024 65,068 73,598 165,950 289,461 594,077
Charge for year 5,508 2,421 8,565 56,246 72,740
Eliminated on disposal - - - (17,362 ) (17,362 )
At 31 March 2025 70,576 76,019 174,515 328,345 649,455
NET BOOK VALUE
At 31 March 2025 2,190 3,451 9,323 102,996 117,960
At 31 March 2024 7,698 3,173 12,656 123,841 147,368

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade debtors 71,494 90,478
Other debtors 217,528 180,243
289,022 270,721

A.C.Wilgar Limited (Registered number: 03190804)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Bank loans and overdrafts 16,303 68,013
Trade creditors 205,359 141,839
Taxation and social security 254,841 327,504
Other creditors 133,614 47,714
610,117 585,070

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£ £
Within one year 42,000 42,000
Between one and five years 14,000 56,000
56,000 98,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £ £
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

W. A. C. Wilgar - Director and shareholder in the company.

During the year, dividends of £Nil (2024 - £Nil) were declared and paid to Mr W. A. C. Wilgar.

At the year end, the company was owed £4,230 by Mr W. A. C. Wilgar (2024 - £26,601).

Interest is charged at 2.25% on the above loan. The loan is repayable on demand.

WB Solutions Ltd - A company controlled by Mr W. A. C. Wilgar

At the year end, the company was owed £92,826 (2024 - £2,366) by WB Solutions Ltd.

The above loan is interest free and repayable on demand.

W. A. C. Wilgar Holdings Ltd - Parent company

W. A. C. Wilgar Holdings Ltd is registered in England and Wales and the company registration number is 12524788.

The registered office address of W. A. C. Wilgar Holdings Ltd is Unit 1, Metro Centre, Bridge Road, Arlington, Kent BR5 2BE.

During the year the company paid dividends of £798,300 (2024 - £594,800) to W. A. C. Wilgar Holdings Ltd.

At the year end, the company was owed £5,459 by W. A. C. Wilgar Holdings Ltd (2024 - £3,321). This loan carries no interest and is repayable on demand.

A.C.Wilgar Limited (Registered number: 03190804)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

11. ULTIMATE CONTROLLING PARTY

Mr W.A.C. Wilgar controls the company by virtue of his shareholding.