Wigmoor (Leeds) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12490154

WIGMOOR (LEEDS) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

WIGMOOR (LEEDS) LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		3,361,550		3,136,550

CURRENT ASSETS

Debtors	5	30,000	–
Cash at bank and in hand		35,695	39,518
		--------	--------
		65,695	39,518

CREDITORS: amounts falling due within one year	6	( 1,094,560)		( 896,947)
		------------		---------
NET CURRENT LIABILITIES			( 1,028,865)		( 857,429)
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			2,332,685		2,279,121

CREDITORS: amounts falling due after more than one year	7		( 1,608,603)		( 1,595,437)

PROVISIONS	( 122,419)	( 109,169)
	------------	------------
NET ASSETS	601,663	574,515
	------------	------------

CAPITAL AND RESERVES

Called up share capital	104	104
Profit and loss account	601,559	574,411
	---------	---------
SHAREHOLDERS FUNDS	601,663	574,515
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

WIGMOOR (LEEDS) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 9 December 2025 , and are signed on behalf of the board by:

C Moran

Director

Company registration number: 12490154

WIGMOOR (LEEDS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30 Headingley Lane, Leeds, United Kingdom, LS6 2AS.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. TANGIBLE ASSETS

	Freehold property
	£
Cost
At 1 April 2024	3,136,550
Additions	225,000
	------------
At 31 March 2025	3,361,550
	------------
Depreciation
At 1 April 2024 and 31 March 2025	–
	------------
Carrying amount
At 31 March 2025	3,361,550
	------------
At 31 March 2024	3,136,550
	------------

The investment properties have been valued on an open market basis by the directors as at 31 March 2025.

5. DEBTORS

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	30,000	–
	--------	----

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	126,397	139,563
Trade creditors	22,803	26,811
Corporation tax	33,926	21,301
Other creditors	860,570	685,330
Amounts due to related intercompanies	6,140	20,000
Other creditors	44,724	3,942
	------------	---------
	1,094,560	896,947
	------------	---------

7. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,608,603	1,595,437
	------------	------------