John Wilde & Co. (Metals) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00664767 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

John Wilde & Co. (Metals) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P McWilliams

C Butler

REGISTERED OFFICE:

66/72 Devon Street

Nechells

Birmingham

B7 4SL

REGISTERED NUMBER:

00664767 (England and Wales)

ACCOUNTANTS:

Mallett Jones

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

214,580

270,400

Investments

6

-

5,000

214,580

275,400

CURRENT ASSETS

Stocks

756,455

691,335

Debtors

7

4,831,708

4,822,114

Cash at bank and in hand

513,306

454,678

6,101,469

5,968,127

CREDITORS

Amounts falling due within one year

8

3,183,264

3,515,847

NET CURRENT ASSETS

2,918,205

2,452,280

TOTAL ASSETS LESS CURRENT LIABILITIES

3,132,785

2,727,680

PROVISIONS FOR LIABILITIES

14,811

25,128

NET ASSETS

3,117,974

2,702,552

CAPITAL AND RESERVES

Called up share capital

9

5,200

Retained earnings

3,112,774

2,697,352

SHAREHOLDERS' FUNDS

3,117,974

2,702,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

C Butler - Director

1.	STATUTORY INFORMATION

John Wilde & Co. (Metals) 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.

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 etc

-

33% on cost, 33% on reducing balance, 25% on reducing balance, 20% on cost, 15% on reducing balance and 10% on cost

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 47 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

56,241

AMORTISATION

At 1 January 2025

and 31 December 2025

56,241

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

1,495,232

DEPRECIATION

At 1 January 2025

1,224,832

Charge for year

55,820

At 31 December 2025

1,280,652

NET BOOK VALUE

At 31 December 2025

214,580

At 31 December 2024

270,400

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 January 2025

5,000

Disposals

(5,000

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

5,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

901,502

898,974

Amounts owed by group undertakings

3,854,420

3,837,979

Other debtors

75,786

85,161

4,831,708

4,822,114

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

315,436

348,907

Amounts owed to group undertakings

2,486,838

2,813,050

Taxation and social security

338,701

285,880

Other creditors

42,289

68,010

3,183,264

3,515,847

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

5,000

Ordinary

£1

5,000

200

Ordinary B

£1

200

5,200