Wilderspin Marketing Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07155535 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

WILDERSPIN MARKETING LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Chartered accountants' report

6

DIRECTOR:

Mr S D Smith

REGISTERED OFFICE:

41 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

REGISTERED NUMBER:

07155535 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville Limited

41 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

FIXED ASSETS

Tangible assets

4

35,573

28,395

CURRENT ASSETS

Stocks

28,183

Debtors

5

54,756

82,033

Cash at bank

8,712

3,071

91,651

113,287

CREDITORS

Amounts falling due within one year

6

57,079

55,744

NET CURRENT ASSETS

34,572

57,543

TOTAL ASSETS LESS CURRENT
LIABILITIES

70,145

85,938

CREDITORS

Amounts falling due after more than one year

7

(151

)

(5,205

)

PROVISIONS FOR LIABILITIES

(8,893

)

(7,099

)

NET ASSETS

61,101

73,634

CAPITAL AND RESERVES

Called up share capital

20

Retained earnings

61,081

73,614

SHAREHOLDERS' FUNDS

61,101

73,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 September 2025 and were signed by:

Mr S D Smith - Director

1.	STATUTORY INFORMATION

Wilderspin Marketing 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 June 2024

24,023

13,000

15,428

52,451

Additions

19,001

-

771

19,772

Disposals

-

(13,000

)

-

(13,000

)

At 31 May 2025

43,024

-

16,199

59,223

DEPRECIATION

At 1 June 2024

3,779

7,363

12,914

24,056

Charge for year

6,076

940

881

7,897

Eliminated on disposal

-

(8,303

)

-

(8,303

)

At 31 May 2025

9,855

-

13,795

23,650

NET BOOK VALUE

At 31 May 2025

33,169

-

2,404

35,573

At 31 May 2024

20,244

5,637

2,514

28,395

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

7,487

40,633

Amounts owed by associates

45,892

40,192

Prepayments

1,377

1,208

54,756

82,033

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

5,054

Trade creditors

2,504

668

Tax

4,862

12,176

Social security and other taxes

90

VAT

3,363

4,773

Other creditors

1,858

-

Directors' current accounts

39,348

32,983

57,079

55,744

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

151

5,205

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

2025

2024

£

Mr S D Smith

Balance outstanding at start of year

(32,983

)

(3,922

)

Amounts advanced

55,417

44,413

Amounts repaid

(61,782

)

(73,474

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(39,348

)

(32,983

)

There is no interest or repayment terms for this loan.

9.	RELATED PARTY DISCLOSURES

At the end of the financial year Jaz Media Ltd, a company under common control , owed the company £45,892 (2024 £40,192). No interest or repayment terms have been agreed and all transactions were at arm's length.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wilderspin Marketing Limited for the year ended 31 May 2025 which comprise the Income statement, Balance sheet, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Wilderspin Marketing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wilderspin Marketing Limited and state those matters that we have agreed to state to the director of Wilderspin Marketing Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wilderspin Marketing Limited and its director for our work or for this report.

It is your duty to ensure that Wilderspin Marketing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wilderspin Marketing Limited. You consider that Wilderspin Marketing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wilderspin Marketing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchell Glanville Limited

41 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

Date: .............................................