Acorah Software Products - Accounts Production 19.3.600 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 11725376 Mr B E Fellows Ms C M Moseley Wheelhouse Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11725376 2024-12-31 11725376 2025-12-31 11725376 2025-01-01 2025-12-31 11725376 frs-core:CurrentFinancialInstruments 2025-12-31 11725376 frs-core:Non-currentFinancialInstruments 2025-12-31 11725376 frs-core:ComputerEquipment 2025-01-01 2025-12-31 11725376 frs-core:FurnitureFittings 2025-01-01 2025-12-31 11725376 frs-core:NetGoodwill 2025-12-31 11725376 frs-core:NetGoodwill 2025-01-01 2025-12-31 11725376 frs-core:NetGoodwill 2024-12-31 11725376 frs-core:LandBuildings 2025-12-31 11725376 frs-core:LandBuildings 2025-01-01 2025-12-31 11725376 frs-core:LandBuildings 2024-12-31 11725376 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 11725376 frs-core:PlantMachinery 2025-12-31 11725376 frs-core:PlantMachinery 2025-01-01 2025-12-31 11725376 frs-core:PlantMachinery 2024-12-31 11725376 frs-core:ShareCapital 2025-12-31 11725376 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 11725376 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11725376 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 11725376 frs-bus:SmallEntities 2025-01-01 2025-12-31 11725376 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 11725376 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11725376 1 2025-01-01 2025-12-31 11725376 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 11725376 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 11725376 frs-bus:Director1 2025-01-01 2025-12-31 11725376 frs-bus:Director2 2025-01-01 2025-12-31 11725376 frs-countries:EnglandWales 2025-01-01 2025-12-31 11725376 2023-12-31 11725376 2024-12-31 11725376 2024-01-01 2024-12-31 11725376 frs-core:CurrentFinancialInstruments 2024-12-31 11725376 frs-core:Non-currentFinancialInstruments 2024-12-31 11725376 frs-core:ShareCapital 2024-12-31 11725376 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11725376 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: 11725376
Wheelhouse Pilot Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Asquith Accountants Ltd
Rowan House
7 West Bank
Scarborough
North Yorkshire
YO12 4DX
Wheelhouse Pilot Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Wheelhouse Pilot Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 11725376

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 3,000 |  | 4,000
Tangible Assets | 5 |  | 464,277 |  | 466,522
|  |  | 467,277 |  | 470,522
CURRENT ASSETS
Stocks | 6 | 200 |  | 200 |
Debtors | 7 | 850,715 |  | 807,957 |
Cash at bank and in hand |  | 843 |  | 1,656 |
|  | 851,758 |  | 809,813 |
Creditors: Amounts Falling Due Within One Year | 8 | (991,902 ) |  | (939,901 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (140,144 ) |  | (130,088 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 327,133 |  | 340,434
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (228,615 ) |  | (240,892 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (15,917 ) |  | (16,182 )
NET ASSETS |  |  | 82,601 |  | 83,360
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Fair value reserve | 12 |  | 67,065 |  | 67,065
Profit and Loss Account |  |  | 15,436 |  | 16,195
SHAREHOLDERS' FUNDS |  |  | 82,601 |  | 83,360

Page 1
Page 2
Wheelhouse Pilot Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 2025 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 B E Fellows Director | Ms C M Moseley Director
25 August 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Wheelhouse Pilot Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Wheelhouse Pilot Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11725376 . The registered office is Rowan House, 7 West Bank, Scarborough, North Yorkshire, YO12 4DX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of ten years.
2.5. 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:

Freehold | 0%
Fixtures & Fittings | 15% RB
Computer Equipment | 33% SL

2.6. 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.
Page 3
Page 4
Wheelhouse Pilot Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 January 2025 | 10,000
As at 31 December 2025 | 10,000
Amortisation
As at 1 January 2025 | 6,000
Provided during the period | 1,000
As at 31 December 2025 | 7,000
Net Book Value
As at 31 December 2025 | 3,000
As at 1 January 2025 | 4,000

Page 4
Page 5
Wheelhouse Pilot Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Tangible Assets

| Land & Buildings | Plant & Machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 450,000 | 41,501 | 491,501
Additions | - | 435 | 435
As at 31 December 2025 | 450,000 | 41,936 | 491,936
Depreciation
As at 1 January 2025 | - | 24,979 | 24,979
Provided during the period | - | 2,680 | 2,680
As at 31 December 2025 | - | 27,659 | 27,659
Net Book Value
As at 31 December 2025 | 450,000 | 14,277 | 464,277
As at 1 January 2025 | 450,000 | 16,522 | 466,522

Cost or valuation as at 31 December 2025 represented by:

| Land & Property
--- | ---
| Freehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
At cost | 367,203 | 38,079 | 3,857 | 409,139
At valuation | 82,797 | - | - | 82,797
| 450,000 | 38,079 | 3,857 | 491,936

Freehold land and buildings were valued on an open market basis by the directors.
6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 200 |  | 200

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 850,715 |  | 807,957

Page 5
Page 6
Wheelhouse Pilot Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 7,138 |  | 13,285
Bank loans and overdrafts | 13,300 |  | 14,435
Other creditors | 957,109 |  | 905,987
Taxation and social security | 14,355 |  | 6,194
| 991,902 |  | 939,901

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 228,615 |  | 240,892

10. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 213,429 |  | 221,587

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

12. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 January 2025 | 67,065
As at 31 December 2025 | 67,065

13. Related Party Transactions
During the year the company loaned monies to Wheelhouse Holdings Ltd. The amount outstanding at the year end date was £1,488 (2024: £1,488). The loan is interest free and repayable on demand.
During the year the loaned monies to Wheelhouse Flotilla Ltd. The amount outstanding at the year end date was £62,518 (2024: £67,418). The loan is interest free and repayable on demand.
During the year the company loaned monies from Hackness Strata Ltd. The amount outstanding at the year end date was £61,248 (2024: £60,886). The loan is interest free and repayable on demand.
During the year the company loaned monies to Hackness Rotunda Ltd. The amount outstanding at the year end date was £1,420 (2024: £1,320). The loan is interest free and repayable on demand.
During the year the company loaned monies to Palinurus Capital Ltd. The amount outstanding at the year end date was £1,441 (2024: £1,341). The loan is interest free and repayable on demand.
During the year the company loaned monies to The Derwent Scarborough Ltd. The amount outstanding at the year end date was £739 (2024: £739). The loan is interest free and repayable on demand.
...CONTINUED
Page 6
Page 7
Wheelhouse Pilot Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
13. Related Party Transactions - continued
During the year the company loaned monies to No13 Scarborough Ltd. The amount outstanding at the year end date was £932 (2024: £832). The loan is interest free and repayable on demand.
During the year the company loaned monies to Wheelhouse Argosy Ltd. The amount outstanding at the year end date was £745,974 (2024: £728,507). The loan is interest free and repayable on demand.
During the year the company loaned monies to Sekstant No1 Ltd. The amount outstanding at the year end date was £579 (2024: £497). The loan is interest free and repayable on demand.
During the year the company loaned monies from J Felawes & Co Ltd. The amount outstanding at the year end date was £326,963 (2024: £326,963). The loan is interest free and repayable on demand.
During the year the company loaned monies from Kronomeeter No3 Ltd. The amount outstanding at the year end date was £203,683 (2024: £203,683). The loan is interest free and repayable on demand.
During the year the company loaned monies from Homemore Ltd. The amount outstanding at the year end date was £346,235 (2024: £291,679). The loan is interest free and repayable on demand.
During the year the company loaned monies to Cindy's of Scarborough Ltd. The amount outstanding at the year end date was £11,021 (2024: £4,660). The loan is interest free and repayable on demand.
14. Ultimate Controlling Party
The company's ultimate controlling party is Wheelhouse Holdings Limited by virtue of his ownership of 100% of the issued share capital in the company.
Page 7