WHEATLEY INFRASTRUCTURE SERVICES LIMITED

Registered number

13936696

Filleted Accounts

28 February 2025

WHEATLEY INFRASTRUCTURE SERVICES LIMITED
Registered number:		13936696
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		162,168			216,617

Current assets
Debtors	4	70,976			125,885
Cash at bank and in hand		117,180			84,347
		188,156			210,232

Creditors: amounts falling due within one year	5	(30,455)			(2,564)

Net current assets			157,701			207,668

Total assets less current liabilities			319,869			424,285

Creditors: amounts falling due after more than one year	6		(178,367)			(255,165)



Net assets			141,502			169,120

Capital and reserves
Called up share capital			3			3
Profit and loss account			141,499			169,117

Shareholders' funds			141,502			169,120

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 H Wheatley
Director
Approved by the board on 28 October 2025

WHEATLEY INFRASTRUCTURE SERVICES LIMITED
Notes to the Accounts
for the year ended 28 February 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:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		7


3	Tangible fixed assets
		Computer equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	5,530		174,370		139,850		319,750
	Additions	1,624		-		-		1,624
	Disposals	-		(25,000)		-		(25,000)
	At 28 February 2025	7,154		149,370		139,850		296,374

	Depreciation
	At 1 March 2024	1,531		55,722		45,880		103,133
	Charge for the year	1,431		11,672		27,970		41,073
	On disposals	-		(10,000)		-		(10,000)
	At 28 February 2025	2,962		57,394		73,850		134,206

	Net book value
	At 28 February 2025	4,192		91,976		66,000		162,168
	At 29 February 2024	3,999		118,648		93,970		216,617


4	Debtors					2025		2024
£							£

	Trade debtors					45,324		63,428
	Other debtors					25,652		62,457
						70,976		125,885


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					7,984		483
	Other creditors					22,471		2,081
						30,455		2,564


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					18,267		28,065
	Other creditors					160,100		227,100
						178,367		255,165


7	Other information

	WHEATLEY INFRASTRUCTURE SERVICES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	73 Middlethorpe Grove
	York
	YO24 1JX