Wilsonwood Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 09318917 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2022

FOR

WILSONWOOD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Wilson

REGISTERED OFFICE:

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

REGISTERED NUMBER:

09318917 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

FIXED ASSETS

Tangible assets

4

700

824

CURRENT ASSETS

Debtors

5

742

1,045

Cash at bank

158,406

147,385

159,148

148,430

CREDITORS

Amounts falling due within one year

6

46,385

49,743

NET CURRENT ASSETS

112,763

98,687

TOTAL ASSETS LESS CURRENT LIABILITIES

113,463

99,511

PROVISIONS FOR LIABILITIES

7

133

-

NET ASSETS

113,330

99,511

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

113,329

99,510

SHAREHOLDERS' FUNDS

113,330

99,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2022 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 10th August 2023 and were signed by:

J Wilson - Director

1.	STATUTORY INFORMATION

Wilsonwood Ltd 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

-

15% on reducing balance

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st December 2021

and 30th November 2022

2,569

DEPRECIATION

At 1st December 2021

1,745

Charge for year

124

At 30th November 2022

1,869

NET BOOK VALUE

At 30th November 2022

700

At 30th November 2021

824

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/22

30/11/21

£

£

Other debtors

-

80

Prepayments

742

965

742

1,045

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/22

30/11/21

£

£

Other loans

40,000

40,000

Tax

4,496

-

Directors' current accounts

566

8,767

Accrued expenses

1,323

976

46,385

49,743

7.	PROVISIONS FOR LIABILITIES

30/11/22

30/11/21

£

£

Deferred tax

133

-

Deferred

tax

£

Accelerated capital allowances

133

Balance at 30th November 2022

133

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/22

30/11/21

value:

£

£

1

Ordinary

£1

1

1

9.	CONTINGENT LIABILITIES

There were no contingent liabilities at the 30th November 2022 (2021 - none).

10.	ULTIMATE CONTROLLING PARTY

Mr J Wilson owns 100% of the issued share capital of the company.