REGISTERED NUMBER: 04465173 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

WADE MANAGEMENT AND LETTINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R A Wade

SECRETARY:

Mrs P Wade

REGISTERED OFFICE:

26a Rectory Lane

Branston

Lincoln

LN4 1NA

REGISTERED NUMBER:

04465173 (England and Wales)

ACCOUNTANTS:

Langham Carter

Darwin Court Darwin Drive

Sherwood Energy Village

New Ollerton

Newark

Nottinghamshire

NG22 9FE

FIXED ASSETS

11,074

Tangible assets

4

8,854

CURRENT ASSETS

410,485

Stocks

192,829

198,500

Debtors

5

48,500

76,771

Cash at bank

232,483

685,756

473,812

CREDITORS

68,038

Amounts falling due within one year

6

22,173

617,718

NET CURRENT ASSETS

451,639

628,792

TOTAL ASSETS LESS CURRENT LIABILITIES

460,493

CAPITAL AND RESERVES

2

Called up share capital

2

628,790

Retained earnings

460,491

628,792

SHAREHOLDERS' FUNDS

460,493

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 May 2026 and were signed by:

R A Wade - Director

1.	STATUTORY INFORMATION

Wade Management and Lettings 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.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Totals

machinery

vehicles

equipment

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

130,094

39,076

90,348

670

DEPRECIATION

At 1 September 2024

119,020

33,586

84,787

647

Charge for year

2,220

824

1,390

6

At 31 August 2025

121,240

34,410

86,177

653

NET BOOK VALUE

At 31 August 2025

8,854

4,666

4,171

17

At 31 August 2024

11,074

5,490

5,561

23

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

48,500

198,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

7,852

18,094

Hire purchase contracts

-

167

Trade creditors

966

1,350

Tax

5,121

-

Social security and other taxes

(1,391

)

7,653

Other creditors

-

30,000

Directors' current accounts

7,505

9,094

Accrued expenses

2,120

1,680

22,173

68,038