Wilsum Ltd 31/01/2026 iXBRL

Company registration number: 16159699

WILSUM LTD

31 January 2026

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

WILSUM LTD

Contents

Directors and other information

Director's responsibilities statement

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

WILSUM LTD

DIRECTORS AND OTHER INFORMATION


Director	Mr R J Challinor	(Appointed 2 January 2025)


Company number	16159699


Registered office	Thursby House
	1 Thursby Road
	Bromborough
	Wirral
	CH62 3PW


Business address	90 Longden Road
	Shrewsbury
	Shropshire
	SY3 7HW


Accountants	Heywoods
	Countrywide House
	Knights Way
	Shrewsbury
	Shropshire
	SY1 3AB

Wilsum Ltd

Director's responsibilities statement

Period ended 31 January 2026

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial period. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

WILSUM LTD

CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WILSUM LTD

PERIOD ENDED 31ST JANUARY 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wilsum Ltd for the period ended 31 January 2026 which comprise the statement of financial position, statement of changes in equity and 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 at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Wilsum Ltd, as a body, in accordance with the terms of our engagement letter dated 24 November 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Wilsum Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wilsum Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Wilsum Ltd 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 Wilsum Ltd. You consider that Wilsum Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Wilsum Ltd. 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.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

17 March 2026

WILSUM LTD

STATEMENT OF FINANCIAL POSITION

31ST JANUARY 2026

		31/01/26
	Note	£	£

Fixed assets
Intangible assets	5	38,400
Tangible assets	6	2,854
		_______
			41,254

Current assets
Debtors	7	2,204
Cash at bank and in hand		1,738
		_______
		3,942
Creditors: amounts falling due
within one year	8	( 22,027)
		_______
Net current liabilities			( 18,085)
			_______
Total assets less current liabilities			23,169

Creditors: amounts falling due
after more than one year	9		( 22,800)

Provisions for liabilities			( 129)

			_______
Net assets			240
			_______

Capital and reserves
Called up share capital			100
Profit and loss account			140
			_______
Shareholders funds			240
			_______

For the period ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 12 March 2026 , and are signed on behalf of the board by:

Mr R J Challinor

Director

Company registration number: 16159699

WILSUM LTD

STATEMENT OF CHANGES IN EQUITY

PERIOD ENDED 31ST JANUARY 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 2 January 2025	-	-	-

Profit for the period		11,090	11,090
	_______	_______	_______
Total comprehensive income for the period	-	11,090	11,090

Issue of shares	100		100
Dividends paid and payable		( 10,950)	( 10,950)
	_______	_______	_______
Total investments by and distributions to owners	100	( 10,950)	( 10,850)

	_______	_______	_______
At 31 January 2026	100	140	240
	_______	_______	_______

WILSUM LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD ENDED 31ST JANUARY 2026

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Thursby House, 1 Thursby Road, Bromborough, Wirral, CH62 3PW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 2 January 2025	-	-
Additions	48,000	48,000
	_______	_______
At 31 January 2026	48,000	48,000
	_______	_______
Amortisation
At 2 January 2025	-	-
Charge for the period	9,600	9,600
	_______	_______
At 31 January 2026	9,600	9,600
	_______	_______
Carrying amount
At 31 January 2026	38,400	38,400
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 2 January 2025	-	-
Additions	3,334	3,334
	_______	_______
At 31 January 2026	3,334	3,334
	_______	_______
Depreciation
At 2 January 2025	-	-
Charge for the year	480	480
	_______	_______
At 31 January 2026	480	480
	_______	_______
Carrying amount
At 31 January 2026	2,854	2,854
	_______	_______

7. Debtors

			31/01/26
			£
	Trade debtors		483
	Other debtors		1,721
			_______
			2,204
			_______

8. Creditors: amounts falling due within one year

			31/01/26
			£
	Bank loans and overdrafts		17,412
	Corporation tax		2,495
	Other creditors		2,120
			_______
			22,027
			_______

9. Creditors: amounts falling due after more than one year

			31/01/26
			£
	Other creditors		22,800
			_______

10. Directors advances, credits and guarantees

	During the period the director entered into the following advances and credits with the company:

Period ended 31/01/26
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Mr R J Challinor	-	( 127)	( 127)
		_______	_______	_______