REGISTERED NUMBER: 01892920 (England and Wales)

WILTAN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Z M Itani

A J Itani

SECRETARY:

A J Itani

REGISTERED OFFICE:

Unit 1 Ambassador Buildings

Pontnewynydd Industrial Estate

Pontypool

Torfaen

NP4 6YW

REGISTERED NUMBER:

01892920 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

206,508

153,588

206,508

153,588

CURRENT ASSETS

Stocks

184,454

258,915

Debtors

6

455,919

185,806

Cash at bank

295,932

436,554

936,305

881,275

CREDITORS

Amounts falling due within one year

7

371,010

267,890

NET CURRENT ASSETS

565,295

613,385

TOTAL ASSETS LESS CURRENT LIABILITIES

771,803

766,973

PROVISIONS FOR LIABILITIES

44,525

31,072

NET ASSETS

727,278

735,901

CAPITAL AND RESERVES

Called up share capital

8

80,000

80,000

Capital redemption reserve

21,944

21,944

Retained earnings

625,334

633,957

SHAREHOLDERS' FUNDS

727,278

735,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th June 2026 and were signed on its behalf by:

Z M Itani - Director

1.	STATUTORY INFORMATION

Wiltan 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangible assets are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill

Goodwill is fully amortised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2025 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1st April 2025

and 31st March 2026

131,168

150

131,318

AMORTISATION

At 1st April 2025

and 31st March 2026

131,168

150

131,318

NET BOOK VALUE

At 31st March 2026

-

-

-

At 31st March 2025

-

-

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st April 2025

44,707

670,099

83,327

Additions

-

84,815

-

At 31st March 2026

44,707

754,914

83,327

DEPRECIATION

At 1st April 2025

15,404

576,268

63,576

Charge for year

894

25,363

2,962

At 31st March 2026

16,298

601,631

66,538

NET BOOK VALUE

At 31st March 2026

28,409

153,283

16,789

At 31st March 2025

29,303

93,831

19,751

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2025

22,880

17,229

838,242

Additions

-

-

84,815

At 31st March 2026

22,880

17,229

923,057

DEPRECIATION

At 1st April 2025

19,570

9,836

684,654

Charge for year

827

1,849

31,895

At 31st March 2026

20,397

11,685

716,549

NET BOOK VALUE

At 31st March 2026

2,483

5,544

206,508

At 31st March 2025

3,310

7,393

153,588

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

444,522

180,406

Itani Holdings Ltd

5,400

5,400

Prepayments

5,997

-

455,919

185,806

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

200,910

119,301

Corporation Tax

85,346

67,209

Social security and other taxes

10,015

10,652

VAT

64,245

55,283

Other creditors

1,711

7,886

Accrued expenses

8,783

7,559

371,010

267,890

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

80,000

Ordinary

£1

80,000

80,000

9.	RELATED PARTY DISCLOSURES

The company paid rent of £Nil (2025 - £56,940) to Wiltan Holdings Limited in the year, a company which is jointly controlled by the directors A J Itani and Z M Itani.

The company paid rent of £96,000 (2025 - £41,662) to Itani Holdings Ltd in the year, a company which is jointly controlled by the directors A J Itani and Z M Itani.

At the year end the company owed £5,400 (2025 - £5,400) to Itani Holdings Ltd, a company under the control of the directors A J Itani and Z M Itani.