REGISTERED NUMBER: 13155967 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

WILSON COSTAN DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Costan

T W Krawczyk

REGISTERED OFFICE:

21 Scala Street

London

W1T 2HW

REGISTERED NUMBER:

13155967 (England and Wales)

ACCOUNTANTS:

SM Advisory Services Limited

182a Bury Street

Ruislip

Middlesex

HA4 7TJ

FIXED ASSETS

Tangible assets

4

56,840

58,469

CURRENT ASSETS

Debtors

5

45,000

38,000

Cash at bank

28,957

49,158

73,957

87,158

CREDITORS

Amounts falling due within one year

6

216,879

225,539

NET CURRENT LIABILITIES

(142,922

)

(138,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(86,082

)

(79,912

)

CAPITAL AND RESERVES

Called up share capital

7

1,600

1,600

Retained earnings

8

(87,682

)

(81,512

)

SHAREHOLDERS' FUNDS

(86,082

)

(79,912

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by:

J Costan - Director

1.	STATUTORY INFORMATION

Wilson Costan Developments 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

leasehold

property

fittings

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

29,483

31,900

344

61,727

DEPRECIATION

At 1 January 2024

-

3,190

68

3,258

Charge for year

-

1,595

34

1,629

At 31 December 2024

-

4,785

102

4,887

NET BOOK VALUE

At 31 December 2024

29,483

27,115

242

56,840

At 31 December 2023

29,483

28,710

276

58,469

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

15,000

8,000

Other debtors

30,000

30,000

45,000

38,000

All debtors are payable within one year and have therefore not been discounted.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Directors' current accounts

152,419

174,639

Accrued expenses

64,460

50,900

216,879

225,539

All creditors are payable within one year and have therefore not been discounted.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,600

Ordinary

£1

1,600

1,600

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(81,512

)

Deficit for the year

(6,170

)

At 31 December 2024

(87,682

)