Wheelie Fresh Bins Limited - Filleted accounts

Registered number

06210230

Wheelie Fresh Bins Limited

Filleted Accounts

30 April 2025

Wheelie Fresh Bins Limited
Registered number:		06210230
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		78,390			99,020

Current assets
Stocks		6,863			6,363
Debtors	4	108,907			26,313
Cash at bank and in hand		561			19,024
		116,331			51,700

Creditors: amounts falling due within one year	5	(127,353)			(94,567)

Net current liabilities			(11,022)			(42,867)

Total assets less current liabilities			67,368			56,153

Creditors: amounts falling due after more than one year	6		(2,681)			(12,665)

Provisions for liabilities			(19,598)			(23,651)


Net assets			45,089			19,837

Capital and reserves
Called up share capital			10			10
Profit and loss account			45,079			19,827

Shareholders' funds			45,089			19,837

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Mills
Director
Approved by the board on 6 November 2025

Wheelie Fresh Bins Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance method
	Fixtures, fittings, tools and equipment	25% reducing balance method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			17		19


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 May 2024	191,276		121,390		312,666
	Additions	5,500		-		5,500
	At 30 April 2025	196,776		121,390		318,166

	Depreciation
	At 1 May 2024	154,125		59,521		213,646
	Charge for the year	10,663		15,467		26,130
	At 30 April 2025	164,788		74,988		239,776

	Net book value
	At 30 April 2025	31,988		46,402		78,390
	At 30 April 2024	37,151		61,869		99,020


4	Debtors			2025		2024
£					£

	Trade debtors			18,708		14,352
	Other debtors			90,199		11,961
				108,907		26,313


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			12,021		10,000
	Obligations under finance lease and hire purchase contracts			-		10,731
	Trade creditors			670		670
	Taxation and social security costs			112,280		70,030
	Other creditors			2,382		3,136
				127,353		94,567


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			2,681		12,665


7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			6,638		21,359


8	Related party transactions

	During the year the company made a loan to La Pizzica Pizzeria Ltd, this company is owned and operated by a member of D & J Mills family. The amount outstanding at the balance sheet date was £86,000.


9	Controlling party

	The company is controlled by D & J Mills who own 100% of the share capital.


10	Other information

	Wheelie Fresh Bins Limited is a private company limited by shares and incorporated in England. Its registered office is:
	39 Weavers Field
	Girton
	Cambridge
	Cambridgeshire
	CB3 0XB