REGISTERED NUMBER: 01819986 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

WILTSGROVE LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

333,925

347,704

Investments

5

-

5,870,828

333,925

6,218,532

CURRENT ASSETS

Stocks

755,860

694,531

Debtors

7,720,103

2,196,313

Cash at bank and in hand

51,286

109,368

8,527,249

3,000,212

CREDITORS

Amounts falling due within one year

301,464

549,742

NET CURRENT ASSETS

8,225,785

2,450,470

TOTAL ASSETS LESS CURRENT LIABILITIES

8,559,710

8,669,002

CREDITORS

Amounts falling due after more than one year

6

(1,781,805

)

(1,860,380

)

PROVISIONS FOR LIABILITIES

(1,949

)

(1,949

)

NET ASSETS

6,775,956

6,806,673

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6,775,856

6,806,573

SHAREHOLDERS' FUNDS

6,775,956

6,806,673

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Gurdev Singh - Director

1.	STATUTORY INFORMATION

Wiltsgrove Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01819986

Registered office:

35-38 River Street

Digbeth

Birmingham

West Midlands

B5 5SA

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 fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on straight line basis

Plant and machinery

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 16 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

735,585

Additions

852

At 31 March 2025

736,437

DEPRECIATION

At 1 April 2024

387,881

Charge for year

14,631

At 31 March 2025

402,512

NET BOOK VALUE

At 31 March 2025

333,925

At 31 March 2024

347,704

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

5,870,828

Disposals

(5,870,828

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

5,870,828

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Inter Company

1,600,000

-

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Gurdev Singh and Pindhi Kaur

Balance outstanding at start of year

614,805

37,209

Amounts advanced

31,538

617,756

Amounts repaid

(37,160

)

(40,160

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

609,183

614,805

Dividend issued during the year = £30,000 ( £38,000 in 2024)

8.	ULTIMATE CONTROLLING PARTY.

The company's ultimate parent undertaking and controlling party is Wiltsgrove Holdings Limited , a company incorporated in England and Wales.