Wheeler Associates (Management Consultants) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05401519

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		5,356
Tangible Assets	5		1,234		450

			1,234		5,806
CURRENT ASSETS
Debtors	6	72		-
Cash at bank and in hand		30		7

		102		7
Creditors: Amounts Falling Due Within One Year	7	(72,047 )		(59,218 )

NET CURRENT ASSETS (LIABILITIES)			(71,945 )		(59,211 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(70,711 )		(53,405 )

Creditors: Amounts Falling Due After More Than One Year	8		(162,872 )		(162,872 )

NET LIABILITIES			(233,583 )		(216,277 )

CAPITAL AND RESERVES
Called up share capital			10		10
Profit and Loss Account			(233,593 )		(216,287 )

SHAREHOLDERS' FUNDS			(233,583)		(216,277)

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Wheeler Associates (Management Consultants) Limited

Balance Sheet (continued)

As At 31 March 2026

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Kevin Wheeler

Director

1 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Wheeler Associates (Management Consultants) Limited Registered number 05401519 is a limited by shares company incorporated in England & Wales. The Registered Office is 4a Chuch Street, Market Harborough, Leicestershire, LE16 7AA.

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 profit and loss account over its estimated economic life of 20 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

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Wheeler Associates (Management Consultants) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	1	1

	1	1

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	107,083

As at 31 March 2026	107,083

Amortisation
As at 1 April 2025	101,727
Provided during the period	5,356

As at 31 March 2026	107,083

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	5,356

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	448	11,476	11,924
Additions	-	1,195	1,195

As at 31 March 2026	448	12,671	13,119

Depreciation
As at 1 April 2025	443	11,031	11,474
Provided during the period	1	410	411

As at 31 March 2026	444	11,441	11,885

Net Book Value
As at 31 March 2026	4	1,230	1,234

As at 1 April 2025	5	445	450

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Wheeler Associates (Management Consultants) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	72	-

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	70,078	56,334
Taxation and social security	1,969	2,884

	72,047	59,218

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

	2026	2025
	£	£
Other loans (Long term liabilities - creditors > 1 year)	162,872	162,872

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