WILSON SMITH DEVELOPMENTS LTD

Company Registration Number:
10666500 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

WILSON SMITH DEVELOPMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

WILSON SMITH DEVELOPMENTS LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 20,370 24,225
Total fixed assets: 20,370 24,225
Current assets
Stocks: 65,847 552,770
Debtors:   53,040 12,672
Cash at bank and in hand: 6,715 295,545
Total current assets: 125,602 860,987
Creditors: amounts falling due within one year: 4 (185,232) (915,098)
Net current assets (liabilities): (59,630) (54,111)
Total assets less current liabilities: (39,260) (29,886)
Creditors: amounts falling due after more than one year:   (1,667) (11,667)
Total net assets (liabilities): (40,927) (41,553)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (40,931) (41,557)
Shareholders funds: (40,927) (41,553)

The notes form part of these financial statements

WILSON SMITH DEVELOPMENTS LTD

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 December 2025
and signed on behalf of the board by:

Name: D Smith
Status: Director

The notes form part of these financial statements

WILSON SMITH DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts'

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following annual rates in order to write off assets over their estimated useful lives. Plant and machinery - 15% on reducing balance Motor vehicles - 25% on reducing balance

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads.

WILSON SMITH DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 7 9

WILSON SMITH DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 42,447
Additions 12,570
Disposals (12,000)
At 31 March 2025 43,017
Depreciation
At 01 April 2024 18,222
Charge for year 4,425
At 31 March 2025 22,647
Net book value
At 31 March 2025 20,370
At 31 March 2024 24,225

WILSON SMITH DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

31.3.25 Bank loans and overdrafts 10000 Trade creditors 40938 Taxes and social security 1342 Other creditors 132952 £185232 31.3.24 Bank loans and overdrafts 10000 Trade creditors 11005 Taxes and social security 6516 Other creditors 887577 £915098 Secured creditors Included in other creditors are mortgage loans of £nil (2024 - £355916) which are secured.