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REGISTERED NUMBER: 11281229 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WYLIE CONSTRUCTION LTD

WYLIE CONSTRUCTION LTD (REGISTERED NUMBER: 11281229)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WYLIE CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr A Wylie
Mr S P Wylie





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 11281229 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

WYLIE CONSTRUCTION LTD (REGISTERED NUMBER: 11281229)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,524 6,032

CURRENT ASSETS
Stocks 5,446 3,744
Debtors 5 26,044 11,173
Cash at bank 4,520 14,254
36,010 29,171
CREDITORS
Amounts falling due within one year 6 29,531 33,610
NET CURRENT ASSETS/(LIABILITIES) 6,479 (4,439 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,003

1,593

PROVISIONS FOR LIABILITIES 7 860 1,146
NET ASSETS 10,143 447

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 9 9,943 247
SHAREHOLDERS' FUNDS 10,143 447

WYLIE CONSTRUCTION LTD (REGISTERED NUMBER: 11281229)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2025 and were signed on its behalf by:





Mr S P Wylie - Director


WYLIE CONSTRUCTION LTD (REGISTERED NUMBER: 11281229)

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


1. STATUTORY INFORMATION

Wylie Construction 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

STOCKS
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

WYLIE CONSTRUCTION LTD (REGISTERED NUMBER: 11281229)

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 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 April 2024
and 31 March 2025 21,870 819 22,689
Depreciation
At 1 April 2024 15,986 671 16,657
Charge for year 1,471 37 1,508
At 31 March 2025 17,457 708 18,165
Net book value
At 31 March 2025 4,413 111 4,524
At 31 March 2024 5,884 148 6,032

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 25,984 -
Directors' current accounts - 11,116
Prepayments and accrued income 60 57
26,044 11,173

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 4,850 5,170
Tax 10,727 16,369
Social security and other taxes 416 1,126
VAT 11,561 9,522
Directors' current accounts 417 -
Accruals and deferred income 1,560 1,423
29,531 33,610

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 860 1,146

WYLIE CONSTRUCTION LTD (REGISTERED NUMBER: 11281229)

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


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 1,146
Credit to Statement of Income and Retained Earnings during year (286 )
Balance at 31 March 2025 860

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary Shares £1 100 100
50 Ordinary B Shares £1 50 50
50 Ordinary C Shares £1 50 50
200 200

9. RESERVES
Retained
earnings
£   

At 1 April 2024 247
Profit for the year 39,696
Dividends (30,000 )
At 31 March 2025 9,943