Registration number: 01903703

Chris Wheeler Construction Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Chris Wheeler Construction Limited

(Registration number: 01903703)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	91,183	95,391
Current assets
Stocks	5	1,388,000	1,388,000
Debtors	6	463,282	339,466
Cash at bank and in hand		1,722,427	1,763,631
		3,573,709	3,491,097
Creditors: Amounts falling due within one year	7	(105,808)	(75,576)
Net current assets		3,467,901	3,415,521
Net assets		3,559,084	3,510,912
Capital and reserves
Called up share capital		10,000	10,000
Share premium reserve		223,219	223,219
Retained earnings		3,325,865	3,277,693
Shareholders' funds		3,559,084	3,510,912

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 October 2025 and signed on its behalf by:
 

......................................... Mr C B Wheeler Director

Chris Wheeler Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Church Farm
Burbage
Marlborough
Wiltshire
SN8 3AT
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Chris Wheeler Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	25% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures and Fittings	25% Reducing balance
Land and Buildings	2% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Chris Wheeler Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 4).

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2024	131,246	11,673	198,652	170,883	512,454
Additions	-	-	-	8,313	8,313
At 31 January 2025	131,246	11,673	198,652	179,196	520,767
Depreciation
At 1 February 2024	67,128	11,190	186,637	152,108	417,063
Charge for the year	2,625	120	3,004	6,772	12,521
At 31 January 2025	69,753	11,310	189,641	158,880	429,584
Carrying amount
At 31 January 2025	61,493	363	9,011	20,316	91,183
At 31 January 2024	64,118	483	12,015	18,775	95,391

Included within the net book value of land and buildings above is £61,493 (2024 - £64,118) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	1,388,000	1,388,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	105,277	154,097
Prepayments	14,050	14,867
Other debtors	343,955	170,502
	463,282	339,466

Chris Wheeler Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		59,181	35,926
Amounts owed to related parties		1,467	1,467
Taxation and social security		5,953	2,511
Other creditors		39,207	35,672
		105,808	75,576