Wilson's Food Hall Ltd - Filleted accounts

Registered number

15786925

Wilson's Food Hall Ltd

Filleted Accounts

30 June 2025

Wilson's Food Hall Ltd
Registered number:		15786925
Balance Sheet
as at 30 June 2025

Notes			2025
£
Fixed assets
Tangible assets	3		158,671

Current assets
Stocks		72,000
Debtors	4	33,274
Cash at bank and in hand		4,343
		109,617

Creditors: amounts falling due within one year	5	(233,431)

Net current liabilities			(123,814)

Total assets less current liabilities			44,981

Creditors: amounts falling due after more than one year	6		(40,593)



Net assets			4,388

Capital and reserves
Called up share capital			100
Profit and loss account			4,288

Shareholders' funds			4,388

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Wilson
Director
Approved by the board on 2 September 2025

Wilson's Food Hall Ltd
Notes to the Accounts
for the period from 18 June 2024 to 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Leasehold land and buildings	15% reducing balance
	Plant and machinery	20% reducing balance
	Fixtures, fittings, tools and equipment	20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.



	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025
Number

	Average number of persons employed by the company			7


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	Additions	120,148		70,682		190,830
	At 30 June 2025	120,148		70,682		190,830

	Depreciation
	At 30 June 2025	18,022		14,137		32,159

	Net book value
	At 30 June 2025	102,126		56,545		158,671


4	Debtors			2025
£

	Trade debtors			-
	Other debtors			33,274
				33,274


5	Creditors: amounts falling due within one year			2025
£

	Bank loans and overdrafts			32,974
	Trade creditors			20,274
	Taxation and social security costs			16,882
	Other creditors			163,301
				233,431


6	Creditors: amounts falling due after one year			2025
£

	Bank loans			40,593


7	Other information

	Wilson's Food Hall Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	67 Falsgrave Road
	Scarborough
	North Yorkshire
	YO12 5EA

	67 Falsgrave Road

	Scarborough
	North Yorkshire
	YO12 5EA