Company registration number 07256785 (England and Wales)
WIGGINS GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
WIGGINS GROUP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
WIGGINS GROUP LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
272
426
Investments
4
22,842
368,925
23,114
369,351
Current assets
Debtors
5
3,581,823
3,518,438
Cash at bank and in hand
47,816
2,601
3,629,639
3,521,039
Creditors: amounts falling due within one year
6
(2,499,076)
(2,606,822)
Net current assets
1,130,563
914,217
Total assets less current liabilities
1,153,677
1,283,568
Creditors: amounts falling due after more than one year
7
(584,495)
(620,860)
Net assets
569,182
662,708
Capital and reserves
Called up share capital
8
1,000
1,000
Profit and loss reserves
568,182
661,708
Total equity
569,182
662,708
WIGGINS GROUP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2025
31 May 2025
- 2 -

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 April 2026
J R Taylor
Director
Company registration number 07256785 (England and Wales)
WIGGINS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

Wiggins Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 166 College Road, Harrow, Middlesex, HA1 1RA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Turnover represents amounts receivable in relation to commission and is recognised in the period to which is relates.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost net of depreciation.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
20% on cost
Fixtures, fittings & equipment
20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries and associates 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.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

WIGGINS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
WIGGINS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Total
£
£
£
Cost
At 1 June 2024 and 31 May 2025
1,984
1,741
3,725
Depreciation and impairment
At 1 June 2024
1,984
1,315
3,299
Depreciation charged in the year
-
0
154
154
At 31 May 2025
1,984
1,469
3,453
Carrying amount
At 31 May 2025
-
0
272
272
At 31 May 2024
-
0
426
426
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
22,842
368,925
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 June 2024
368,925
Additions
20
Disposals
(346,103)
At 31 May 2025
22,842
Carrying amount
At 31 May 2025
22,842
At 31 May 2024
368,925
WIGGINS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Corporation tax recoverable
2,560
2,987
Amounts owed by group undertakings
1,851
1,851
Other debtors
3,577,412
3,513,600
3,581,823
3,518,438
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
1,871
1,870
Corporation tax
4,485
-
0
Other creditors
2,492,720
2,604,952
2,499,076
2,606,822
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
442
2,292
Other creditors
584,053
618,568
584,495
620,860

Included within bank loans due within one year and more than one year is an aggregate amount of £2,313 (202 4: £4,162) in respect of an unsecured bank loan which is guaranteed by the government under the Bounce Back Loan Scheme.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
850
850
850
850
Ordinary non voting shares of £1 each
150
150
150
150
1,000
1,000
1,000
1,000
WIGGINS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 7 -
9
Related party transactions

Included in other debtors is an amount of £691,465 (20 24: £647,428) due from Wiggins Industries Limited, a company controlled by J R Taylor.

Included in other debtors is an amount of £2,593,447 (20 24: £2,857,139) due from Tower Trading Group Holdings L imited, a company controlled by J R Taylor. During the year the company received interest amounting to £228,000 (2024: £nil) on this balance.

Included in other debtors is an amount of £15,500 (202 4: £9,034) due from the director, J R Taylor. Interest of £435 (2023: £nil) has been charged at HMRC's official rate of interest.

Included in other creditors due after one year is an amount of £5 84,053 (202 4: £618,568) due to Amnis Investments Limited, a company in which J R Taylor is a director. During the year the company was charged interest amounting to £49,485 (2024: £nil) on this balance.

Included in creditors due within one year is an amount of £nil (20 24: £115,000) due to TTG Capital Limited, a company controlled by J R Taylor.

2025-05-31 2024-06-01 false false false 23 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity J R Taylor 07256785 2024-06-01 2025-05-31 07256785 2025-05-31 07256785 2024-05-31 07256785 core:PlantMachinery 2025-05-31 07256785 core:FurnitureFittings 2025-05-31 07256785 core:PlantMachinery 2024-05-31 07256785 core:FurnitureFittings 2024-05-31 07256785 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 07256785 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 07256785 core:Non-currentFinancialInstruments core:AfterOneYear 2025-05-31 07256785 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 07256785 core:CurrentFinancialInstruments 2025-05-31 07256785 core:CurrentFinancialInstruments 2024-05-31 07256785 core:ShareCapital 2025-05-31 07256785 core:ShareCapital 2024-05-31 07256785 core:RetainedEarningsAccumulatedLosses 2025-05-31 07256785 core:RetainedEarningsAccumulatedLosses 2024-05-31 07256785 core:ShareCapitalOrdinaryShareClass1 2025-05-31 07256785 core:ShareCapitalOrdinaryShareClass1 2024-05-31 07256785 core:ShareCapitalOrdinaryShareClass2 2025-05-31 07256785 core:ShareCapitalOrdinaryShareClass2 2024-05-31 07256785 core:ShareCapitalOrdinaryShares 2025-05-31 07256785 core:ShareCapitalOrdinaryShares 2024-05-31 07256785 bus:Director1 2024-06-01 2025-05-31 07256785 core:PlantMachinery 2024-06-01 2025-05-31 07256785 core:FurnitureFittings 2024-06-01 2025-05-31 07256785 2023-06-01 2024-05-31 07256785 core:PlantMachinery 2024-05-31 07256785 core:FurnitureFittings 2024-05-31 07256785 2024-05-31 07256785 core:Non-currentFinancialInstruments 2025-05-31 07256785 core:Non-currentFinancialInstruments 2024-05-31 07256785 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 07256785 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 07256785 bus:OrdinaryShareClass1 2025-05-31 07256785 bus:OrdinaryShareClass1 2024-05-31 07256785 bus:OrdinaryShareClass2 2025-05-31 07256785 bus:OrdinaryShareClass2 2024-05-31 07256785 bus:AllOrdinaryShares 2025-05-31 07256785 bus:AllOrdinaryShares 2024-05-31 07256785 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 07256785 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 07256785 bus:FRS102 2024-06-01 2025-05-31 07256785 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 07256785 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP