Wild Oats Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08365294

Wild Oats Limited

Filleted Unaudited Financial Statements

31 March 2025

Wild Oats Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	2,611	3,586

Current assets

Stocks		74,061	72,956
Debtors	7	7,306	6,065
Cash at bank and in hand		109,920	111,882
		---------	---------
		191,287	190,903

Creditors: amounts falling due within one year	8	180,209	201,411
		---------	---------
Net current assets/(liabilities)		11,078	( 10,508)
		--------	--------
Total assets less current liabilities		13,689	( 6,922)
		--------	-------
Net assets/(liabilities)		13,689	( 6,922)
		--------	-------

Capital and reserves

Called up share capital	9	400	400
Profit and loss account		13,289	( 7,322)
		--------	-------
Shareholders funds/(deficit)		13,689	( 6,922)
		--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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 financial statements for the year in question in accordance with section 476 ;

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

Wild Oats Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 5 August 2025 , and are signed on behalf of the board by:

Mr.M. Abrahams

Director

Company registration number: 08365294

Wild Oats Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9-11 Lower Redland Road, Bristol, BS6 6TB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures, fittings & equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 21 (2024: 18 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	300,000
	---------
Amortisation
At 1 April 2024 and 31 March 2025	300,000
	---------
Carrying amount
At 31 March 2025	–
	---------
At 31 March 2024	–
	---------

6. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 April 2024	18,050	18,050
Additions	2,636	2,636
	--------	--------
At 31 March 2025	20,686	20,686
	--------	--------
Depreciation
At 1 April 2024	14,464	14,464
Charge for the year	3,611	3,611
	--------	--------
At 31 March 2025	18,075	18,075
	--------	--------
Carrying amount
At 31 March 2025	2,611	2,611
	--------	--------
At 31 March 2024	3,586	3,586
	--------	--------

7. Debtors

	2025	2024
	£	£
Other debtors	7,306	6,065
	-------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	59,751	51,004
Corporation tax	5,778	8,534
Social security and other taxes	14,473	16,169
Other creditors	100,207	125,704
	---------	---------
	180,209	201,411
	---------	---------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary 'A' shares of £ 1 each	100	100	100	100
Ordinary 'B' shares of £ 1 each	100	100	100	100
Ordinary 'C' shares of £ 1 each	100	100	100	100
Ordinary 'D' shares of £ 1 each	100	100	100	100
	----	----	----	----
	400	400	400	400
	----	----	----	----