smallAccCompHo_0921.xslt
Company Registration No. 05072301 (England and Wales)
WAKLIN LIMITED
Financial Statements
for the Period from 01 January 2024 to 31 December 2024

WAKLIN LIMITED

Financial Statements for the period ending 31 December 2024

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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WAKLIN LIMITED

Financial Statements for the period ending 31 December 2024

Company Information

Company Details
Company Number 05072301
Registered Office UNIT 6 HARPURHEY SHOPPING CENTRE
LEE ROAD
MANCHESTER
M9 4DH
Directors
Directors who held office during the period were:
SHANNON, Paul Mark, Mr.   
SHANNON, Pauline, Mrs.   
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WAKLIN LIMITED

Financial Statements for the period ending 31 December 2024

Statement of Financial Position

123456789
Notes 2024 2023
£ £
Fixed Assets
Intangible assets 5 46,978 46,978
Tangible assets 6 268,050 187,486
Current Assets
Stocks 989,071 896,296
Debtors due 23,673 25,780
Cash at bank and in hand 181,240 315,858
1,193,984 1,237,934
Creditors
Amount falling due within one year (816,870) (370,577)
Net Current Assets 377,114 867,357
Total Assets less current liabilities 692,142 1,101,821
Creditors due after more than one year (4,325) (4,455)
Net Assets 687,817 1,097,366
Capital and Reserves
Called up Share Capital 100 100
Retained earnings at end of year 687,717 1,097,266
Shareholder funds 687,817 1,097,366
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 30 September 2024
Pauline Shannon
Company Registration No. 05072301
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WAKLIN LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

1. Statutory Information
WAKLIN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05072301.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
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WAKLIN LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 63
2023 67
4. Principal Activity
The principle activity of the company continued to be that of the retail sale of second-hand goods.
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WAKLIN LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

5. Intangible Assets
Goodwill Other Total
Cost £ £ £
At 01/01/2024 46,978 - 46,978
Additions - - -
Disposals - - -
Revaluations - - -
At 31/12/2024 46,978 - 46,978
Amortisation
At 01/01/2024 - - -
Charge for the Year - - -
On Disposals - - -
Other increases/(decreases) - - -
At end of period - - -
Net book value
At 31/12/2024 46,978 - 46,978
At 31/12/2023 46,978 - 46,978
6. Fixed Assets
Land and buildings Plant and Machinery Total
Cost or valuation £ £ £
At 01/01/2024 65,466 122,020 187,486
Additions - 24,312 24,312
Revaluation - 80,252 80,252
At 31/12/2024 65,466 226,584 292,050
Depreciation
At 01/01/2024 - - -
Charge for the year 6,000 18,000 24,000
At 31/12/2024 6,000 18,000 24,000
Net Book Value
At 31/12/2024 59,466 208,584 268,050
At 31/12/2023 65,466 122,020 187,486
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