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Registration number: 00813017

The Wilson Tool & Engineering Company (Essex) Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

The Wilson Tool & Engineering Company (Essex) Limited

Contents

Company Information | 1
Statement Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

The Wilson Tool & Engineering Company (Essex) Limited

Company Information

Directors | Mr G Wilson Mrs IM Wilson

Company secretary | Mrs IM Wilson

Registered office | Upper Floor Denham House 2 Denham Road Canvey Island Essex SS8 9HB

Accountants | Smiths Accountancy Services Limited Chartered Certified AccountantsUpper Floor Denham House 2 Denham Road Canvey Island Essex SS8 9HB

The Wilson Tool & Engineering Company (Essex) Limited

(Registration number: 00813017)
Statement Financial Position as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 439,095 | 275,466
Current assets |  |  |
Stocks | 5 | 7,926 | 8,987
Debtors | 6 | 190,433 | 184,529
Cash at bank and in hand |  | 972,328 | 829,694
|  | 1,170,687 | 1,023,210
Creditors: Amounts falling due within one year | 7 | (432,783) | (293,598)
Net current assets |  | 737,904 | 729,612
Total assets less current liabilities |  | 1,176,999 | 1,005,078
Provisions for liabilities |  | (93,894) | (52,468)
Net assets |  | 1,083,105 | 952,610
Capital and reserves |  |  |
Called up share capital | 8 | 175 | 175
Retained earnings |  | 1,082,930 | 952,435
Shareholders' funds |  | 1,083,105 | 952,610

The Wilson Tool & Engineering Company (Essex) Limited

(Registration number: 00813017)
Statement Financial Position as at 31 August 2025

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 27 November 2025 and signed on its behalf by:

.........................................

Mr G Wilson
Director

.........................................

Mrs IM Wilson
Company secretary and director

The Wilson Tool & Engineering Company (Essex) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
Upper Floor Denham House
2 Denham Road
Canvey Island
Essex
SS8 9HB

The principal place of business is:
2-4 Parsons Road
Manor Trading Estate
Benfleet
Essex
SS7 4PY

These financial statements were authorised for issue by the Board on 27 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

The Wilson Tool & Engineering Company (Essex) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 2% straight line
Plant and machinery | 20% reducing balance
Fittings, fixtures and equipment | 10% reducing balance
Motor vehicles | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

The Wilson Tool & Engineering Company (Essex) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

The Wilson Tool & Engineering Company (Essex) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 10).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2024 | 92,057 | 879,539 | 35,398 | 1,006,994
Additions | - | 208,900 | - | 208,900
At 31 August 2025 | 92,057 | 1,088,439 | 35,398 | 1,215,894
Depreciation
At 1 September 2024 | 38,659 | 676,476 | 16,393 | 731,528
Charge for the year | 1,341 | 41,192 | 2,738 | 45,271
At 31 August 2025 | 40,000 | 717,668 | 19,131 | 776,799
Carrying amount
At 31 August 2025 | 52,057 | 370,771 | 16,267 | 439,095
At 31 August 2024 | 53,398 | 203,063 | 19,005 | 275,466

Included within the net book value of land and buildings above is £52,058 (2024 - £53,398) in respect of freehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 7,926 | 8,987

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 173,957 | 168,129
Prepayments | 15,303 | 15,502
Other debtors | 1,173 | 898
| 190,433 | 184,529

The Wilson Tool & Engineering Company (Essex) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 272,290 | 57,062
Taxation and social security | 58,622 | 136,485
Accruals and deferred income | 8,774 | 7,642
Other creditors | 93,097 | 92,409
| 432,783 | 293,598

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £0.25 each | 400 | 100.00 | 400 | 100.00
Ordinary B of £0.25 each | 100 | 25.00 | 100 | 25.00
Ordinary C of £0.25 each | 100 | 25.00 | 100 | 25.00
Ordinary D of £0.25 each | 100 | 25.00 | 100 | 25.00
| 700 | 175 | 700 | 175

9 | Dividends

Final dividends paid

|  | 2025 £ |  | 2024 £
Final dividend Ordinary |  | 54,000 |  | 54,000
Final dividend Ordinary B |  | 20,000 |  | 20,000
Final dividend Ordinary C |  | - |  | -
Final dividend Ordinary D |  | 7,500 |  | 7,500
|  | 81,500 |  | 81,500

The Wilson Tool & Engineering Company (Essex) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

10 | Related party transactions

Transactions with directors

2025 | At 1 September 2024 £ | Advances / (credits) director £ | At 31 August 2025 £
Mrs IM Wilson
Loan account | (30,171) | 399 | (29,772)
Mr G Wilson
Loan account | (41,810) | 210 | (41,600)

2024 | At 1 September 2023 £ | Advances / (credits) director £ | At 31 August 2024 £
Mrs IM Wilson
Loan account | (30,930) | 759 | (30,171)
Mr G Wilson
Loan account | (42,480) | 670 | (41,810)

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 95,543 | 93,015
Contributions paid to money purchase schemes | 60,674 | 82,174
| 156,217 | 175,189