Registration number: 04808909

Wilsons Paints Limited

Profit and Loss Account for the Year Ended 30 September 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Wilsons Paints Limited

(Registration number: 04808909)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	3	500	500
Creditors: Amounts falling due within one year	4	(54,216)	(54,127)
Net liabilities		(53,716)	(53,627)
Capital and reserves
Called up share capital	5	1,000	1,000
Retained earnings		(54,716)	(54,627)
Shareholders' deficit		(53,716)	(53,627)

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 23 June 2026 and signed on its behalf by:
 

......................................... Mrs L M Wilson Director

Wilsons Paints Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

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

The address of its registered office is:
Wortham Jaques
130A High Street
Crediton
Devon
EX17 3LQ
United Kingdom

These financial statements were authorised for issue by the Board on 23 June 2026.

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.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	over 10 years

Wilsons Paints Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

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.

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.

Wilsons Paints Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

3	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 October 2024	58,000	58,000
At 30 September 2025	58,000	58,000
Amortisation
At 1 October 2024	57,500	57,500
At 30 September 2025	57,500	57,500
Carrying amount
At 30 September 2025	500	500
At 30 September 2024	500	500

4

Creditors

	Note	2025 £	2024 £
Due within one year
Amounts due to related parties		51,117	51,028
Income tax liability		3,099	3,099
		54,216	54,127

5	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000

6	Parent and ultimate parent undertaking

The ultimate controlling party is the company's directors.

7	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Wilsons Paints Limited

iXBRL Detailed Profit and Loss Account for the Year Ended 30 September 2025

	2025 £	2024 £
Cost of sales
Distribution costs
Administrative expenses
Other costs	(89)	(89)
Other operating income
Other items
Loss for the financial year	(89)	(89)