THE JOE WILKINSON COMPANY LTD - Filleted accounts

Registered number

06520003

THE JOE WILKINSON COMPANY LTD

Filleted Accounts

28 February 2026

THE JOE WILKINSON COMPANY LTD
Registered number:		06520003
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		28,168			32,760

Current assets
Debtors	4	815,836			685,494
Cash at bank and in hand		1,420,007			1,057,949
		2,235,843			1,743,443

Creditors: amounts falling due within one year	5	(299,973)			(135,430)

Net current assets			1,935,870			1,608,013

Total assets less current liabilities			1,964,038			1,640,773


Provisions for liabilities			(5,352)			(6,224)


Net assets			1,958,686			1,634,549

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,958,685			1,634,548

Shareholder's funds			1,958,686			1,634,549

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Joseph Roland Wilkinson
Director
Approved by the board on 22 June 2026

THE JOE WILKINSON COMPANY LTD
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Electric Car	15% Reducing Balance
	Equipment	25% Reducing Balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2025	7,232		42,633		49,865
	Additions	691		-		691
	At 28 February 2026	7,923		42,633		50,556

	Depreciation
	At 1 March 2025	5,274		11,831		17,105
	Charge for the year	663		4,620		5,283
	At 28 February 2026	5,937		16,451		22,388

	Net book value
	At 28 February 2026	1,986		26,182		28,168
	At 28 February 2025	1,958		30,802		32,760


4	Debtors			2026		2025
£					£

	Trade debtors			130,613		271
	Sovereign & Lavender Ltd			676,976		676,976
	Big Oval Plate Ltd			8,247		8,247
				815,836		685,494


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			432		-
	Taxation and social security costs			294,461		123,493
	Other creditors			5,080		11,937
				299,973		135,430


6	Related party transactions

	A non-interest bearing loan of £676,976 with no fixed repayment term has been made to Sovereign & Lavender Limited, a company in which the sole shareholder and Director Joseph Roland Wilkinson holds 50% of the share capital. Similarly, a non-interest bearing loan of £8,247 with no fixed repayment term has been made to Big Oval Plate Limited, a company in which the sole shareholder and Director Joseph Roland Wilkinson holds 50% of the share capital.


7	Other information

	THE JOE WILKINSON COMPANY LTD is a private company limited by shares and incorporated in England. Its registered office is:
	69 Loughborough Road
	West Bridgford
	Nottingham
	NG2 7LA