IRIS Accounts Production v25.4.0.155 SC232198 Board of Directors 1.7.24 30.6.25 30.6.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC232198 2024-06-30 SC232198 2025-06-30 SC232198 2024-07-01 2025-06-30 SC232198 2023-06-30 SC232198 2023-07-01 2024-06-30 SC232198 2024-06-30 SC232198 ns15:Scotland 2024-07-01 2025-06-30 SC232198 ns14:PoundSterling 2024-07-01 2025-06-30 SC232198 ns10:Director1 2024-07-01 2025-06-30 SC232198 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC232198 ns10:SmallEntities 2024-07-01 2025-06-30 SC232198 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC232198 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 SC232198 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC232198 ns10:FullAccounts 2024-07-01 2025-06-30 SC232198 1 2024-07-01 2025-06-30 SC232198 ns10:Director2 2024-07-01 2025-06-30 SC232198 ns10:Director3 2024-07-01 2025-06-30 SC232198 ns10:Director4 2024-07-01 2025-06-30 SC232198 ns10:Director5 2024-07-01 2025-06-30 SC232198 ns10:CompanySecretary1 2024-07-01 2025-06-30 SC232198 ns10:RegisteredOffice 2024-07-01 2025-06-30 SC232198 ns5:CurrentFinancialInstruments 2025-06-30 SC232198 ns5:CurrentFinancialInstruments 2024-06-30 SC232198 ns5:ShareCapital 2025-06-30 SC232198 ns5:ShareCapital 2024-06-30 SC232198 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 SC232198 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 SC232198 ns5:NetGoodwill 2024-07-01 2025-06-30 SC232198 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 SC232198 ns5:PlantMachinery 2024-07-01 2025-06-30 SC232198 ns5:NetGoodwill 2024-06-30 SC232198 ns5:NetGoodwill 2025-06-30 SC232198 ns5:NetGoodwill 2024-06-30 SC232198 ns5:LeaseholdImprovements 2024-06-30 SC232198 ns5:PlantMachinery 2024-06-30 SC232198 ns5:ComputerEquipment 2024-06-30 SC232198 ns5:LeaseholdImprovements 2024-07-01 2025-06-30 SC232198 ns5:ComputerEquipment 2024-07-01 2025-06-30 SC232198 ns5:LeaseholdImprovements 2025-06-30 SC232198 ns5:PlantMachinery 2025-06-30 SC232198 ns5:ComputerEquipment 2025-06-30 SC232198 ns5:LeaseholdImprovements 2024-06-30 SC232198 ns5:PlantMachinery 2024-06-30 SC232198 ns5:ComputerEquipment 2024-06-30 SC232198 ns5:CostValuation 2024-06-30 SC232198 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 SC232198 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30

REGISTERED NUMBER: SC232198 (Scotland)

Financial Statements for the Year Ended 30 June 2025

for

Wilkie Engineering Limited

| Wilkie Engineering Limited (Registered number: SC232198) |

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

| Wilkie Engineering Limited |

Company Information

for the Year Ended 30 June 2025

| DIRECTORS: | DJ Wilkie

| BJ Wilkie

| W Wilkie

| R T Davies

| D J Wilkie

| SECRETARY: | D J Wilkie

| REGISTERED OFFICE: | Newmill

| Foveran

| Newburgh

| Aberdeenshire

| AB41 6AP

| REGISTERED NUMBER: | SC232198 (Scotland)

| ACCOUNTANTS: | J M Taylor

| 7 Ythan Terrace

| Ellon

| Aberdeenshire

| AB41 9LJ

| Wilkie Engineering Limited (Registered number: SC232198) |

Balance Sheet

30 June 2025

| 30.6.25 | 30.6.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 124,307 |  | 130,974 |  |

Investments | 6 | 152,240 |  | 152,240 |  |

276,547 |  | 283,214 |  |

CURRENT ASSETS

Stocks | 69,959 |  | 61,468 |  |

Debtors | 7 | 566,403 |  | 696,222 |  |

Cash at bank and in hand | 142,200 |  | 131,066 |  |

778,562 |  | 888,756 |  |

CREDITORS

Amounts falling due within one year | 8 | 250,112 |  | 299,093 |  |

NET CURRENT ASSETS | 528,450 |  | 589,663 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 804,997 |  | 872,877 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 804,897 |  | 872,777 |  |

SHAREHOLDERS' FUNDS | 804,997 |  | 872,877 |  |

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

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

| Wilkie Engineering Limited (Registered number: SC232198) |

Balance Sheet - continued

30 June 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2026 and were signed on its behalf by:

R T Davies - Director

| Wilkie Engineering Limited (Registered number: SC232198) |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| Wilkie Engineering Limited is a private company, limited by shares , registered in Scotland. 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 2002, is being amortised evenly over its estimated useful life of twenty years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 | - | 25% on cost and 20% on cost

| Stocks

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

| 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.

| 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 20 (2024 - 25 ) .

| Wilkie Engineering Limited (Registered number: SC232198) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 1,150,000 |  |

| AMORTISATION

| At 1 July 2024

| and 30 June 2025 | 1,150,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  |

| At 30 June 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Computer |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 July 2024 | 20,060 |  | 99,093 |  | 74,143 |  | 193,296 |  |

| Additions | - |  | 6,227 |  | 27,249 |  | 33,476 |  |

| At 30 June 2025 | 20,060 |  | 105,320 |  | 101,392 |  | 226,772 |  |

| DEPRECIATION

| At 1 July 2024 | - |  | 14,368 |  | 47,954 |  | 62,322 |  |

| Charge for year | 5,015 |  | 23,739 |  | 11,389 |  | 40,143 |  |

| At 30 June 2025 | 5,015 |  | 38,107 |  | 59,343 |  | 102,465 |  |

| NET BOOK VALUE

| At 30 June 2025 | 15,045 |  | 67,213 |  | 42,049 |  | 124,307 |  |

| At 30 June 2024 | 20,060 |  | 84,725 |  | 26,189 |  | 130,974 |  |

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 152,240 |  |

| NET BOOK VALUE

| At 30 June 2025 | 152,240 |  |

| At 30 June 2024 | 152,240 |  |

| Wilkie Engineering Limited (Registered number: SC232198) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

6. | FIXED ASSET INVESTMENTS - continued

| The company had invested £75,000.00 in Oasis Marine Power Limited (OMPL) by purchasing 100 Ordinary £0.10 Shares at a price of £750.00 each.

| These were converted to 14 Ordinary £1.00 shares in Oasis Marine Ltd.

| An additional purchase of 8 Ordinary £1.00 shares in Oasis Marine Ltd was made for £77,240.00 bringing the total shareholding to 22 shares and the total investment to £152,240

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.25 |  | 30.6.24

£ | £ |

| Trade debtors | 458,462 |  | 630,804 |  |

| Other debtors | 107,941 |  | 65,418 |  |

566,403 |  | 696,222 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.25 |  | 30.6.24

£ | £ |

| Bank loans and overdrafts | 2,015 |  | 937 |  |

| Trade creditors | 119,286 |  | 139,495 |  |

| Taxation and social security | 120,048 |  | 77,429 |  |

| Other creditors | 8,763 |  | 81,232 |  |

250,112 |  | 299,093 |  |