REGISTERED NUMBER: 11281229 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

WYLIE CONSTRUCTION LTD

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

3,392

4,524

CURRENT ASSETS

Stocks

10,575

5,446

Debtors

5

9,830

26,044

Cash at bank

6,190

4,520

26,595

36,010

CREDITORS

Amounts falling due within one year

6

19,898

29,531

NET CURRENT ASSETS

6,697

6,479

TOTAL ASSETS LESS CURRENT LIABILITIES

10,089

11,003

PROVISIONS FOR LIABILITIES

7

645

860

NET ASSETS

9,444

10,143

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

9

9,244

9,943

SHAREHOLDERS' FUNDS

9,444

10,143

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 August 2026 and were signed by:

Mr S P Wylie - Director

1.	STATUTORY INFORMATION

Wylie Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11281229

Registered office:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

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

-

25% on cost

Fixtures and fittings

-

25% on cost

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 April 2025

and 31 March 2026

21,870

819

22,689

Depreciation

At 1 April 2025

17,457

708

18,165

Charge for year

1,104

28

1,132

At 31 March 2026

18,561

736

19,297

Net book value

At 31 March 2026

3,309

83

3,392

At 31 March 2025

4,413

111

4,524

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

9,770

25,984

Prepayments and accrued income

60

60

9,830

26,044

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,383

4,850

Tax

6,785

10,727

Social security and other taxes

1,274

416

VAT

6,404

11,561

Directors' current accounts

417

417

Accruals and deferred income

1,635

1,560

19,898

29,531

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

645

860

Deferred

tax

£

Balance at 1 April 2025

860

Provided during year

(215

)

Balance at 31 March 2026

645

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary Shares

£1

100

100

50

Ordinary B Shares

£1

50

50

50

Ordinary C Shares

£1

50

50

200

200

9.

RESERVES

Retained

earnings

£

At 1 April 2025

9,943

Profit for the year

27,801

Dividends

(28,500

)

At 31 March 2026

9,244