REGISTERED NUMBER: 10775984 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

WILSON GREEN HOSPITALITY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms W L Green

C Wilson

REGISTERED OFFICE:

The Fox at Roby Mill

24 Roby Mill

Upholland

Wigan

Lancashire

WN8 0QF

REGISTERED NUMBER:

10775984 (England and Wales)

ACCOUNTANTS:

Fairhurst Accountants Ltd

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Tangible assets

4

13,492

16,273

CURRENT ASSETS

Stocks

11,075

10,377

Debtors

5

238,144

151,608

Cash at bank and in hand

7,373

77,454

256,592

239,439

CREDITORS

Amounts falling due within one year

6

255,166

203,039

NET CURRENT ASSETS

1,426

36,400

TOTAL ASSETS LESS CURRENT LIABILITIES

14,918

52,673

CREDITORS

Amounts falling due after more than one year

7

(104,142

)

(75,236

)

PROVISIONS FOR LIABILITIES

(3,373

)

(4,068

)

NET LIABILITIES

(92,597

)

(26,631

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(92,797

)

(26,831

)

(92,597

)

(26,631

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

Ms W L Green - Director

C Wilson - Director

1.	STATUTORY INFORMATION

Wilson Green Hospitality 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 the provisions of section 1A "Small Entities" of Financial Reporting standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover

Turnover represents the amounts received or receivable for goods or services provided to customers in the year, excluding value added tax.

Turnover is recognised when the goods/services are provided to the customer.

Tangible fixed assets

Tangible fixed assets are stated at accumulated cost less depreciation.

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

Plant and machinery etc - 33% on cost and 15% on reducing balance

Stocks

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

Financial instruments

The company has elected to apply the provisions of FRS 102 Section 11 'Basic Financial Instruments' to all of its financial instruments.

The following assets and liabilities are classified as financial liabilities; Directors loan account, trade creditors and accruals.

Financial instruments that are payable or receivable within one year, typically Directors loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of the cash or consideration that is expected to be paid or received.

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2023

and 28 February 2024

28,663

DEPRECIATION

At 1 March 2023

12,390

Charge for year

2,781

At 28 February 2024

15,171

NET BOOK VALUE

At 28 February 2024

13,492

At 28 February 2023

16,273

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,365

-

Other debtors

233,779

151,608

238,144

151,608

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

73,071

57,501

Trade creditors

73,749

83,996

Taxation and social security

80,890

54,441

Other creditors

27,456

7,101

255,166

203,039

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

104,142

75,236

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

10,393

-

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

41,000

41,000

Between one and five years

126,416

164,000

In more than five years

-

3,417

167,416

208,417

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2024 and 28 February 2023:

2024

2023

£

£

Ms W L Green

Balance outstanding at start of year

10,000

9,567

Amounts advanced

26,298

10,000

Amounts repaid

(2,250

)

(9,567

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

34,048

10,000

C Wilson

Balance outstanding at start of year

7,563

3,173

Amounts advanced

25,524

7,563

Amounts repaid

(2,250

)

(3,173

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,837

7,563

There are no fixed repayment terms and interest has been charged at a rate of 2.75% per annum.