IRIS Accounts Production v25.2.0.378 04493685 Board of Directors 1.1.24 31.12.24 31.12.24 the management of the property known as Wilton Castle, Redcar, Cleveland. 0 0 false true false false true false 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04493685 2023-12-31 04493685 2024-12-31 04493685 2024-01-01 2024-12-31 04493685 2022-12-31 04493685 2023-01-01 2023-12-31 04493685 2023-12-31 04493685 ns15:EnglandWales 2024-01-01 2024-12-31 04493685 ns14:PoundSterling 2024-01-01 2024-12-31 04493685 ns10:Director1 2024-01-01 2024-12-31 04493685 ns10:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 04493685 ns10:SmallEntities 2024-01-01 2024-12-31 04493685 ns10:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04493685 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 04493685 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04493685 ns10:FullAccounts 2024-01-01 2024-12-31 04493685 ns10:Director2 2024-01-01 2024-12-31 04493685 ns10:Director3 2024-01-01 2024-12-31 04493685 ns10:Director4 2024-01-01 2024-12-31 04493685 ns10:Director5 2024-01-01 2024-12-31 04493685 ns10:Director6 2024-01-01 2024-12-31 04493685 ns10:RegisteredOffice 2024-01-01 2024-12-31 04493685 ns5:CurrentFinancialInstruments 2024-12-31 04493685 ns5:CurrentFinancialInstruments 2023-12-31 04493685 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04493685 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 04493685 ns5:LandBuildings 2023-12-31 04493685 ns5:LandBuildings 2024-12-31 04493685 ns5:LandBuildings 2023-12-31 04493685 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 04493685 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 04493685 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 04493685 ns5:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31

REGISTERED NUMBER: 04493685 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31st December 2024

Page |

Company Information | 1 |

Report of the Directors | 2 |

Income Statement | 3 |

Balance Sheet | 4 |

Notes to the Financial Statements | 5 |

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED

COMPANY INFORMATION

for the Year Ended 31st December 2024

| DIRECTORS: | Mrs J T Ward

| P M Honeyman

| I J Cowley

| K D Westwood

| Miss S R Lawrence

| M V S Cormack

| REGISTERED OFFICE: | Ossington Chambers

| 6-8 Castle Gate

| Newark

| Nottinghamshire

| NG24 1AX

| REGISTERED NUMBER: | 04493685 (England and Wales)

| ACCOUNTANTS: | Stephenson Nuttall & Co

| Chartered Accountants

| Ossington Chambers

| 6-8 Castle Gate

| Newark

| Nottinghamshire

| NG24 1AX

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

REPORT OF THE DIRECTORS

for the Year Ended 31st December 2024

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

Mrs J T Ward

P M Honeyman

I J Cowley

K D Westwood

Miss S R Lawrence

M V S Cormack

The company is limited by guarantee and has no share capital. The liability of each member is limited to £1.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

P M Honeyman - Director

18th September 2025

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

INCOME STATEMENT

for the Year Ended 31st December 2024

| 31/12/24 |  | 31/12/23

| Notes | £ | £ |

INCOME | 118,817 |  | 112,168 |  |

Service Charge Expenditure | 124,211 |  | 116,914 |  |

OPERATING DEFICIT | (5,394 | ) | (4,746 | ) |

Interest receivable and similar income | 1,079 |  | 479 |  |

DEFICIT BEFORE TAXATION | (4,315 | ) | (4,267 | ) |

Tax on deficit | 4 | 678 |  | 607 |  |

DEFICIT FOR THE FINANCIAL YEAR | (4,993 | ) | (4,874 | ) |

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

BALANCE SHEET

31st December 2024

| 31/12/24 | 31/12/23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 77,484 |  | 77,484 |  |

CURRENT ASSETS

Debtors | 6 | 116,904 |  | 92,964 |  |

CREDITORS

Amounts falling due within one year | 7 | 184,030 |  | 161,485 |  |

NET CURRENT LIABILITIES | (67,126 | ) | (68,521 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 10,358 |  | 8,963 |  |

RESERVES

Income and expenditure account | 8 | 10,358 |  | 8,963 |  |

10,358 |  | 8,963 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 surplus or deficit 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18th September 2025 and were signed on its behalf by:

P M Honeyman - Director

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31st December 2024

1. | STATUTORY INFORMATION

| Wilton Castle (Wilton) Management Company Limited is a private company, limited by guarantee , 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.

| Income

| During the year the company received monies from lessees, as agent, in respect of service charges and associated income, which are held on trust and do not constitute turnover.

| Tangible fixed assets

| No depreciation is provided on the cost of the Freehold property as, in the opinion of the directors, the current value is supported by the value of ground rents receivable.

| Presentation of income statement

| The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2023 - NIL).

| 31/12/24 |  | 31/12/23

£ | £ |

| Directors' remuneration | - |  | - |  |

4. | TAXATION

| Analysis of the tax charge

| The tax charge on the deficit for the year was as follows:

| 31/12/24 |  | 31/12/23

£ | £ |

| Current tax:

| UK corporation tax | 678 |  | 607 |  |

| Tax on deficit | 678 |  | 607 |  |

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31st December 2024

5. | TANGIBLE FIXED ASSETS

| Freehold

| property

£ |

| COST

| At 1st January 2024

| and 31st December 2024 | 77,484 |  |

| NET BOOK VALUE

| At 31st December 2024 | 77,484 |  |

| At 31st December 2023 | 77,484 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/24 |  | 31/12/23

£ | £ |

| Trade Debtors | 10,941 |  | 12,798 |  |

| Other debtors | 3,800 |  | 1,686 |  |

| Service Charge Deficit | 9,799 |  | 3,411 |  |

| Bank balances held | 69,124 |  | 64,171 |  |

| Prepayments | 23,240 |  | 10,898 |  |

116,904 |  | 92,964 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/24 |  | 31/12/23

£ | £ |

| Trade creditors | 57,894 |  | 34,048 |  |

| Tax | 678 |  | 607 |  |

| Loans to fund Freehold Purchase | 61,566 |  | 61,566 |  |

| Estate Reserve Fund | 19,534 |  | 19,534 |  |

| Tree Maintenance Fund | 900 |  | 900 |  |

| Reserve Fund - Buildings | 40,290 |  | 41,734 |  |

| Accrued expenses | 3,168 |  | 3,096 |  |

184,030 |  | 161,485 |  |

8. | RESERVES

| Income

| and

| expenditure

| account

£ |

| At 1st January 2024 | 8,963 |  |

| Deficit for the year | (4,993 | ) |

| Transfer to Service Charge Account | 6,388 |  |

| At 31st December 2024 | 10,358 |  |

WILTON CASTLE (WILTON) MANAGEMENT

COMPANY LIMITED (REGISTERED NUMBER: 04493685)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31st December 2024

9. | RELATED PARTY DISCLOSURES

| The company is a mutual trading company and as such received income in the form of service charge from residents, some of who are directors of the company. Service charges payable by the directors are on the same basis as for all of the other residents. No other transactions with related parties were undertaken such as are required to be disclosed under the FRS102.