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REGISTERED NUMBER: 07204878 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Wilde's Solicitors Limited

Wilde's Solicitors Limited (Registered number: 07204878)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wilde's Solicitors Limited

Company Information
for the Year Ended 31 May 2025







DIRECTORS: Mr S P R Wilde
Mrs K A Powell





REGISTERED OFFICE: 6 Bridge Street
Neston
Cheshire
CH64 9UJ





REGISTERED NUMBER: 07204878 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Wilde's Solicitors Limited (Registered number: 07204878)

Balance Sheet
31 May 2025

31.5.25 31.5.24
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,801 34,082
36,801 34,082

CURRENT ASSETS
Debtors 6 32,409 31,285
Cash at bank and in hand 3,363,478 4,138,210
3,395,887 4,169,495
CREDITORS
Amounts falling due within one year 7 (3,330,182 ) (4,142,347 )
NET CURRENT ASSETS 65,705 27,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,506

61,230

PROVISIONS FOR LIABILITIES (8,582 ) (6,476 )
NET ASSETS 93,924 54,754

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 93,824 54,654
SHAREHOLDERS' FUNDS 93,924 54,754

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

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

Wilde's Solicitors Limited (Registered number: 07204878)

Balance Sheet - continued
31 May 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 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 28 August 2025 and were signed on its behalf by:





Mr S P R Wilde - Director


Wilde's Solicitors Limited (Registered number: 07204878)

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

1. STATUTORY INFORMATION

Wilde's Solicitors 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 financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

Wilde's Solicitors Limited (Registered number: 07204878)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2024
and 31 May 2025 279,750
AMORTISATION
At 1 June 2024
and 31 May 2025 279,750
NET BOOK VALUE
At 31 May 2025 -
At 31 May 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2024 69,038 54,832 123,870
Additions 3,018 9,774 12,792
At 31 May 2025 72,056 64,606 136,662
DEPRECIATION
At 1 June 2024 42,080 47,708 89,788
Charge for year 4,497 5,576 10,073
At 31 May 2025 46,577 53,284 99,861
NET BOOK VALUE
At 31 May 2025 25,479 11,322 36,801
At 31 May 2024 26,958 7,124 34,082

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Trade debtors 18,909 16,648
Other debtors 13,500 14,637
32,409 31,285

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Bank loans and overdrafts 7,754 6,465
Taxation and social security 56,611 21,588
Other creditors 3,265,817 4,114,294
3,330,182 4,142,347

Wilde's Solicitors Limited (Registered number: 07204878)

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

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 (2024 - £30,600) were paid to the directors .