Wilson & Co Investment Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07911452 (England and Wales)

Unaudited Financial Statements

for the Period 1 February 2023 to 31 October 2023

for

Wilson & Co Investment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs J Y Z Wilson

REGISTERED OFFICE:

3rd Floor

9 St. Clare Street

London

EC3N 1LQ

REGISTERED NUMBER:

07911452 (England and Wales)

ACCOUNTANTS:

Wilson & Co

Chartered Certified Accountants

3rd Floor

9 St. Clare Street

London

EC3N 1LQ

FIXED ASSETS

Investment property

4

2,234,182

2,234,182

CURRENT ASSETS

Cash at bank

16,188

15,417

CREDITORS

Amounts falling due within one year

5

77,482

64,143

NET CURRENT LIABILITIES

(61,294

)

(48,726

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,172,888

2,185,456

CREDITORS

Amounts falling due after more than one year

6

2,117,034

2,161,010

NET ASSETS

55,854

24,446

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

55,754

24,346

SHAREHOLDERS' FUNDS

55,854

24,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 November 2023 and were signed by:

Mrs J Y Z Wilson - Director

1.	STATUTORY INFORMATION

Wilson & Co Investment 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.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was 1 (2023 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2023

and 31 October 2023

2,234,182

NET BOOK VALUE

At 31 October 2023

2,234,182

At 31 January 2023

2,234,182

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.23

31.1.23

£

£

Taxation and social security

7,483

1,324

Other creditors

69,999

62,819

77,482

64,143

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.23

31.1.23

£

£

Other creditors

2,117,034

2,161,010

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Long term loan

1,077,000

1,007,000

Repayable by instalments

Other loans more 5yrs instal

1,040,034

1,154,010

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2023 and the year ended 31 January 2023:

31.10.23

31.1.23

£

£

Mrs J Y Z Wilson

Balance outstanding at start of period

(34,020

)

(50,842

)

Amounts repaid

34,020

16,822

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

(34,020

)

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J Y Z Wilson.