Wilsons & Co. (Sharrow) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02805993

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		164,588		46,036

			164,588		46,036
CURRENT ASSETS
Stocks	6	1,262,368		1,286,621
Debtors	7	718,707		531,947
Cash at bank and in hand		840,271		185,118

		2,821,346		2,003,686
Creditors: Amounts Falling Due Within One Year	8	(1,808,872 )		(952,510 )

NET CURRENT ASSETS (LIABILITIES)			1,012,474		1,051,176

TOTAL ASSETS LESS CURRENT LIABILITIES			1,177,062		1,097,212

PROVISIONS FOR LIABILITIES
Deferred Taxation			(41,000 )		(11,250 )

NET ASSETS			1,136,062		1,085,962

CAPITAL AND RESERVES
Called up share capital	9		300,000		300,000
Profit and Loss Account			836,062		785,962

SHAREHOLDERS' FUNDS			1,136,062		1,085,962

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Wilsons & Co. (Sharrow) Limited

Balance Sheet (continued)

As At 31 March 2026

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J R Hanson

Director

22 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Wilsons & Co. (Sharrow) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02805993 . The registered office is Sharrow Mills, Snuff Mill Lane, Sheffield, S11 8AD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance
Motor Vehicles	40% reducing balance
Fixtures & Fittings	33% straight line

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Wilsons & Co. (Sharrow) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 12)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2025	7,000

As at 31 March 2026	7,000

Amortisation
As at 1 April 2025	7,000

As at 31 March 2026	7,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	409,282	5,000	63,417	477,699
Additions	125,944	8,750	7,715	142,409

As at 31 March 2026	535,226	13,750	71,132	620,108

Depreciation
As at 1 April 2025	364,809	4,970	61,884	431,663
Provided during the period	19,839	2,947	1,071	23,857

As at 31 March 2026	384,648	7,917	62,955	455,520

Net Book Value
As at 31 March 2026	150,578	5,833	8,177	164,588

As at 1 April 2025	44,473	30	1,533	46,036

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Wilsons & Co. (Sharrow) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Stocks

	2026	2025
	£	£
Stock	1,262,368	1,286,621

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	593,449	419,271
Other debtors	125,258	112,676

	718,707	531,947

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	937,728	291,407
Amounts owed to participating interests	474,583	443,309
Other creditors	227,059	88,308
Taxation and social security	169,502	129,486

	1,808,872	952,510

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	300,000	300,000

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr James Hanson	783	853	(783 )	-	853

The above loan is unsecured, interest free and repayable on demand.

11. Related Party Transactions

At the year end, the company owed £474,562 (2025: £443,309) to its parent company, Sharrow Mills Ltd. This loan was interest free and repayable on demand

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