Wildheart Residential Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06615985 (England and Wales)

WILDHEART RESIDENTIAL MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S M Halls

Mrs T L Halls

REGISTERED OFFICE:

Octagon House

20 Hook Road

Epsom

Surrey

KT19 8TR

REGISTERED NUMBER:

06615985 (England and Wales)

ACCOUNTANTS:

Hakim Fry

Chartered Accountants

69-71 East Street

Epsom

Surrey

KT17 1BP

FIXED ASSETS

Intangible assets

4

273,000

318,500

Tangible assets

5

14,295

12,585

Investments

6

25,000

312,295

356,085

CURRENT ASSETS

Stocks

20,000

33,142

Debtors

7

419,125

327,196

Cash at bank and in hand

390,513

279,487

829,638

639,825

CREDITORS

Amounts falling due within one year

8

658,445

564,692

NET CURRENT ASSETS

171,193

75,133

TOTAL ASSETS LESS CURRENT
LIABILITIES

483,488

431,218

CREDITORS

Amounts falling due after more than one
year

9

(79,230

)

(147,354

)

PROVISIONS FOR LIABILITIES

(3,574

)

(3,146

)

NET ASSETS

400,684

280,718

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

400,584

280,618

400,684

280,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 14 January 2026 and were signed on its behalf by:

Mr S M Halls - Director

Mrs T L Halls - Director

1.	STATUTORY INFORMATION

Wildheart Residential Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

Straight line over 3 years

Computer equipment

-

Straight line over 3 years

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long term interest and where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 40 (2024 - 41 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

455,000

AMORTISATION

At 1 May 2024

136,500

Charge for year

45,500

At 30 April 2025

182,000

NET BOOK VALUE

At 30 April 2025

273,000

At 30 April 2024

318,500

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 May 2024

28,114

54,627

82,741

Additions

6,166

7,766

13,932

Disposals

(20,638

)

(27,221

)

(47,859

)

At 30 April 2025

13,642

35,172

48,814

DEPRECIATION

At 1 May 2024

25,485

44,671

70,156

Charge for year

3,250

8,972

12,222

Eliminated on disposal

(20,638

)

(27,221

)

(47,859

)

At 30 April 2025

8,097

26,422

34,519

NET BOOK VALUE

At 30 April 2025

5,545

8,750

14,295

At 30 April 2024

2,629

9,956

12,585

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 May 2024

and 30 April 2025

25,000

NET BOOK VALUE

At 30 April 2025

25,000

At 30 April 2024

25,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

141,368

107,964

Other debtors

277,757

219,232

419,125

327,196

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

86,854

80,146

Trade creditors

115,177

105,782

Amounts owed to group undertakings

-

65

Taxation and social security

258,757

223,708

Other creditors

197,657

154,991

658,445

564,692

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.25

30.4.24

£

Bank loans

79,230

147,354

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.25

30.4.24

£

Within one year

89,687

64,705

Between one and five years

338,754

318,823

In more than five years

219,665

-

648,106

383,528

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

Mrs T L Halls

Balance outstanding at start of year

38,000

Amounts advanced

7,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

45,000

38,000

Mr S M Halls

Balance outstanding at start of year

38,000

Amounts advanced

7,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

45,000

38,000

12.	RELATED PARTY DISCLOSURES

Ross & Co Agency Limited

A wholly owned subsidiary

As at balance sheet date the company owed nil (2024: £65) to Ross & Co (Agency) Limited, a wholly owned Subsidiary.

During the year nil dividends (2024: £39,021) were received from Ross & Co (Agency) Limited. The subsidiary is currently dormant.