REGISTERED NUMBER: 01901949 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

A V Wilding (Chester) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

N D Wilding

Registered office:

Sutton House

Guilden Sutton Lane

Guilden Sutton

Chester

CH3 7EY

Registered number:

01901949 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

32,825

33,409

Investment property

5

3,068,616

3,022,963

3,101,441

3,056,372

Current assets

Debtors

6

4,174

37,163

Cash at bank

47,986

74,487

52,160

111,650

Creditors

Amounts falling due within one year

7

283,512

279,065

Net current liabilities

(231,352

)

(167,415

)

Total assets less current liabilities

2,870,089

2,888,957

Creditors

Amounts falling due after more than one year

8

(753,208

)

(763,879

)

Provisions for liabilities

10

(433,677

)

(436,925

)

Net assets

1,683,204

1,688,153

Capital and reserves

Called up share capital

136

136

Other reserves

11

1,386,551

1,386,551

Retained earnings

11

296,517

301,466

Shareholders' funds

1,683,204

1,688,153

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 30 October 2025 and were signed by:

N D Wilding - Director

1.	Statutory information

A V Wilding (Chester) 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.

Revenue from property rental is recognised on an accruals basis.

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

-

10% on cost

Fixtures, fittings & equipment

-

25% on cost

Motor vehicles

-

25% reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

Finance leases

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Fixtures,

Plant and

fittings

Motor

machinery

& equipment

vehicles

Totals

£

£

£

£

Cost

At 1 April 2024

4,186

4,946

32,400

41,532

Additions

8,697

333

-

9,030

At 31 March 2025

12,883

5,279

32,400

50,562

Depreciation

At 1 April 2024

4,186

1,237

2,700

8,123

Charge for year

869

1,320

7,425

9,614

At 31 March 2025

5,055

2,557

10,125

17,737

Net book value

At 31 March 2025

7,828

2,722

22,275

32,825

At 31 March 2024

-

3,709

29,700

33,409

5.	Investment property

Total

£

Fair value

At 1 April 2024

3,022,963

Additions

45,653

At 31 March 2025

3,068,616

Net book value

At 31 March 2025

3,068,616

At 31 March 2024

3,022,963

6.

Debtors: amounts falling due within one year

31/3/25

31/3/24

£

£

Trade debtors

4,174

6,360

Other debtors

-

30,803

4,174

37,163

7.

Creditors: amounts falling due within one year

31/3/25

31/3/24

£

£

Bank loans and overdrafts

7,500

7,500

Finance leases

3,872

3,872

Taxation and social security

4,052

-

Other creditors

268,088

267,693

283,512

279,065

8.

Creditors: amounts falling due after more than one year

31/3/25

31/3/24

£

£

Bank loans

530,815

537,613

Finance leases

18,364

22,237

Other creditors

204,029

204,029

753,208

763,879

9.	Secured debts

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Finance leases

22,236

26,109

Bank loans

538,315

545,113

560,551

571,222

Bank loans are secured by way of charge over the company's investment property. Finance lease liabilities are secured on the underlying asset.

10.	Provisions for liabilities

31/3/25

31/3/24

£

£

Deferred tax

Accelerated capital allowances

8,206

8,352

Tax losses carried forward

(15,391

)

(12,289

)

Revaluation of investment

property

440,862

440,862

433,677

436,925

Deferred

tax

£

Balance at 1 April 2024

436,925

Credit to Statement of Income and Retained Earnings during year

(3,248

)

Balance at 31 March 2025

433,677

11.

Reserves

Under FRS 102 surpluses on the revaluation of investment property are treated as fair value adjustments and are recognised in the statement of income. However under company law, these surpluses are not distributable. In these financial statements, the cumulative non-distributable revaluation surpluses have been included in other reserves. On disposal of an investment property, any revaluation surplus realised on disposal is transferred to distributable reserves.

12.	Related party disclosures

The director has made loans to the company. The balance on these loans at 31 March 2025 was £237,466 (2024: £198,658). The loans are interest free and repayable on demand.