Sylvia Wheeldon Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Sylvia Wheeldon Ltd

Company Information

Director

S C Wheeldon

Registered Office

Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Registered Number

09126174

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Sylvia Wheeldon Ltd

(Registration number: 09126174)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Current assets
Debtors	4	14,750	54,646
Cash at bank and in hand		195,542	201,704
		210,292	256,350
Creditors: Amounts falling due within one year	5	(2,098)	(37,491)
Net assets		208,194	218,859
Capital and reserves
Called up share capital		1	1
Retained earnings		208,193	218,858
Shareholders' funds		208,194	218,859

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 September 2026
 

......................................... S C Wheeldon Director

Sylvia Wheeldon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

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

The address of its registered office is:
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

These financial statements were authorised for issue by the director on 3 September 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). There have been no material departures from the Financial Reporting Standard 102 1A.

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. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Sylvia Wheeldon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

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. Once the contributions have been paid, the company has no further payment obligations.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Sylvia Wheeldon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4

Debtors

	2026 £	2025 £
Other debtors	14,750	54,646
	14,750	54,646

5

Creditors

Due within one year	Note	2026 £	2025 £
Amounts owed to related parties	6	348	412
Taxation and social security		-	33,496
Accruals and deferred income		1,750	3,583
		2,098	37,491

 

Sylvia Wheeldon Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6	Related party transactions

Loans from related parties

2026	Key management £	Total £
At start of period	412	412
Advanced	33,166	33,166
Repaid	(33,230)	(33,230)
At end of period	348	348

2025	Key management £	Total £
At start of period	100	100
Advanced	6,312	6,312
Repaid	(6,000)	(6,000)
At end of period	412	412

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.

During the period there was also a short term loan outstanding to key management, but this was subject to interest at the HMRC prevailing rate on balances exceeding £10,000, and was also repayable on demand.