Registration number: 03315916

Age UK Wigan Borough Enterprises Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Age UK Wigan Borough Enterprises Limited

Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Current assets
Cash at bank and in hand		74,786	70,166
Creditors: Amounts falling due within one year	4	(70,119)	(66,033)
Total assets less current liabilities		4,667	4,133
Creditors: Amounts falling due after more than one year	4	(303)	-
Net assets		4,364	4,133
Capital and reserves
Called up share capital		2	2
Retained earnings		4,362	4,131
Shareholders' funds		4,364	4,133

For the financial year ending 31 March 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 2 October 2025 and signed on its behalf by:
 

......................................... M T Hothersall FCA Director

Company Registration Number: 03315916

Age UK Wigan Borough Enterprises Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 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:
74-80 Hallgate
Wigan
WN1 1HP

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.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extant 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 statement of financial position date.

Age UK Wigan Borough Enterprises Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Financial instruments

The company only enters into basic financial insturments transactions that result in the recognistion of financial assets and liabilities such as trade debtors and other accounts receivable and payable. Basic financial instruments are recognised at cost.

Related party loans have no stated interest rate, are payable on demand and are not measured at the discounted amount due.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2024 - 1).

Age UK Wigan Borough Enterprises Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Amounts owed to Group undertakings and undertakings in which the Company has a participating interest	5	70,119	65,730
Accruals and deferred income		-	303
		70,119	66,033

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Other non-current financial liabilities	303	-

5	Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

6	Parent and ultimate parent undertaking

The company is wholly owned by Age Concern Wigan Borough, a charity registered in England and Wales.
Accounts can be obtained from its registered office, 74-80 Hallgate, Wigan, Lancashire, WN1 1HP.

The ultimate controlling party is deemed to be the Board of Directors/Trustees of Age Concern Wigan Borough.