REGISTERED NUMBER: SC184707 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

WILSON INGLIS JOINERS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

William Wilson

William Inglis

SECRETARY:

Valerie Wilson

REGISTERED OFFICE:

20 Church Road

Wishaw

ML2 9QG

REGISTERED NUMBER:

SC184707 (Scotland)

ACCOUNTANTS:

Thomson Currie Accountancy Limited

Chartered Accountants

7 Pickering House

Netherton Road

Wishaw

ML2 0EQ

FIXED ASSETS

Tangible assets

4

75,439

79,160

CURRENT ASSETS

Debtors

32,518

49,445

Cash at bank and in hand

279,354

295,137

311,872

344,582

CREDITORS

Amounts falling due within one year

137,395

101,971

NET CURRENT ASSETS

174,477

242,611

TOTAL ASSETS LESS CURRENT LIABILITIES

249,916

321,771

PROVISIONS FOR LIABILITIES

18,860

19,790

NET ASSETS

231,056

301,981

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

230,956

301,881

SHAREHOLDERS' FUNDS

231,056

301,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

William Wilson - Director

William Inglis - Director

1.	STATUTORY INFORMATION

WILSON INGLIS JOINERS LIMITED is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover is measured at the consideration received or receivable, excluding value added tax. Turnover from the provision of services is recognised on completion of the service.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

92,705

Additions

17,300

At 31 March 2025

110,005

DEPRECIATION

At 1 April 2024

13,545

Charge for year

21,021

At 31 March 2025

34,566

NET BOOK VALUE

At 31 March 2025

75,439

At 31 March 2024

79,160

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

6.	OTHER FINANCIAL COMMITMENTS

Total future financial commitments which are not included in the balance sheet amount to £42,678. (At 31 March 2024 - £23,055).

7.	ULTIMATE CONTROLLING PARTY