2022-08-012023-07-312023-07-31false12780711Wee Woolly Wonderfuls Limited2023-10-18iso4217:GBPxbrli:pure127807112022-08-01127807112023-07-31127807112022-08-012023-07-31127807112021-08-01127807112022-07-31127807112021-08-012022-07-3112780711bus:SmallEntities2022-08-012023-07-3112780711bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3112780711bus:FullAccounts2022-08-012023-07-3112780711bus:PrivateLimitedCompanyLtd2022-08-012023-07-3112780711core:WithinOneYear2023-07-3112780711core:AfterOneYear2023-07-3112780711core:WithinOneYear2022-07-3112780711core:AfterOneYear2022-07-3112780711core:ShareCapital2023-07-3112780711core:SharePremium2023-07-3112780711core:RevaluationReserve2023-07-3112780711core:OtherReservesSubtotal2023-07-3112780711core:RetainedEarningsAccumulatedLosses2023-07-3112780711core:ShareCapital2022-07-3112780711core:SharePremium2022-07-3112780711core:RevaluationReserve2022-07-3112780711core:OtherReservesSubtotal2022-07-3112780711core:RetainedEarningsAccumulatedLosses2022-07-3112780711core:LandBuildings2023-07-3112780711core:PlantMachinery2023-07-3112780711core:Vehicles2023-07-3112780711core:FurnitureFittings2023-07-3112780711core:OfficeEquipment2023-07-3112780711core:NetGoodwill2023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2023-07-3112780711core:ListedExchangeTraded2023-07-3112780711core:UnlistedNon-exchangeTraded2023-07-3112780711core:LandBuildings2022-07-3112780711core:PlantMachinery2022-07-3112780711core:Vehicles2022-07-3112780711core:FurnitureFittings2022-07-3112780711core:OfficeEquipment2022-07-3112780711core:NetGoodwill2022-07-3112780711core:IntangibleAssetsOtherThanGoodwill2022-07-3112780711core:ListedExchangeTraded2022-07-3112780711core:UnlistedNon-exchangeTraded2022-07-3112780711core:LandBuildings2022-08-012023-07-3112780711core:PlantMachinery2022-08-012023-07-3112780711core:Vehicles2022-08-012023-07-3112780711core:FurnitureFittings2022-08-012023-07-3112780711core:OfficeEquipment2022-08-012023-07-3112780711core:NetGoodwill2022-08-012023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112780711core:ListedExchangeTraded2022-08-012023-07-3112780711core:UnlistedNon-exchangeTraded2022-08-012023-07-3112780711core:MoreThanFiveYears2022-08-012023-07-3112780711core:Non-currentFinancialInstruments2023-07-3112780711core:Non-currentFinancialInstruments2022-07-3112780711dpl:CostSales2022-08-012023-07-3112780711dpl:DistributionCosts2022-08-012023-07-3112780711dpl:AdministrativeExpenses2022-08-012023-07-3112780711core:LandBuildings2022-08-012023-07-3112780711core:PlantMachinery2022-08-012023-07-3112780711core:Vehicles2022-08-012023-07-3112780711core:FurnitureFittings2022-08-012023-07-3112780711core:OfficeEquipment2022-08-012023-07-3112780711core:NetGoodwill2022-08-012023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112780711dpl:GroupUndertakings2022-08-012023-07-3112780711dpl:ParticipatingInterests2022-08-012023-07-3112780711dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3112780711core:ListedExchangeTraded2022-08-012023-07-3112780711dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3112780711core:UnlistedNon-exchangeTraded2022-08-012023-07-3112780711dpl:CostSales2021-08-012022-07-3112780711dpl:DistributionCosts2021-08-012022-07-3112780711dpl:AdministrativeExpenses2021-08-012022-07-3112780711core:LandBuildings2021-08-012022-07-3112780711core:PlantMachinery2021-08-012022-07-3112780711core:Vehicles2021-08-012022-07-3112780711core:FurnitureFittings2021-08-012022-07-3112780711core:OfficeEquipment2021-08-012022-07-3112780711core:NetGoodwill2021-08-012022-07-3112780711core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3112780711dpl:GroupUndertakings2021-08-012022-07-3112780711dpl:ParticipatingInterests2021-08-012022-07-3112780711dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3112780711core:ListedExchangeTraded2021-08-012022-07-3112780711dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3112780711core:UnlistedNon-exchangeTraded2021-08-012022-07-3112780711core:NetGoodwill2023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2023-07-3112780711core:LandBuildings2023-07-3112780711core:PlantMachinery2023-07-3112780711core:Vehicles2023-07-3112780711core:FurnitureFittings2023-07-3112780711core:OfficeEquipment2023-07-3112780711core:AfterOneYear2023-07-3112780711core:WithinOneYear2023-07-3112780711core:ListedExchangeTraded2023-07-3112780711core:UnlistedNon-exchangeTraded2023-07-3112780711core:ShareCapital2023-07-3112780711core:SharePremium2023-07-3112780711core:RevaluationReserve2023-07-3112780711core:OtherReservesSubtotal2023-07-3112780711core:RetainedEarningsAccumulatedLosses2023-07-3112780711core:NetGoodwill2022-07-3112780711core:IntangibleAssetsOtherThanGoodwill2022-07-3112780711core:LandBuildings2022-07-3112780711core:PlantMachinery2022-07-3112780711core:Vehicles2022-07-3112780711core:FurnitureFittings2022-07-3112780711core:OfficeEquipment2022-07-3112780711core:AfterOneYear2022-07-3112780711core:WithinOneYear2022-07-3112780711core:ListedExch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Wee Woolly Wonderfuls Limited

Registered Number
12780711
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

Wee Woolly Wonderfuls Limited
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

Mrs L C Dobbs
Mr P R Dobbs

Registered Address

K3 Business Park Unit 38
200 Clough Road
Hull
HU5 1SN

Registered Number

12780711 (England and Wales)
Wee Woolly Wonderfuls Limited
Statement of Financial Position
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets73,4142,290
3,4142,290
Current assets
Stocks91,8351,975
Debtors101,2043,516
Cash at bank and on hand6,7967,338
9,83512,829
Creditors amounts falling due within one year11(12,339)(14,442)
Net current assets (liabilities)(2,504)(1,613)
Total assets less current liabilities910677
Provisions for liabilities12(648)(435)
Net assets262242
Capital and reserves
Called up share capital100100
Profit and loss account162142
Shareholders' funds262242
The financial statements were approved and authorised for issue by the Board of Directors on 18 October 2023, and are signed on its behalf by:
Mrs L C Dobbs
Director
Registered Company No. 12780711
Wee Woolly Wonderfuls Limited
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company is an online retailer.
4.Basis of measurement used in financial statements
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).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
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.
Deferred tax policy
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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year22
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 August 222,6322,632
Additions2,1842,184
At 31 July 234,8164,816
Depreciation and impairment
At 01 August 22342342
Charge for year1,0601,060
At 31 July 231,4021,402
Net book value
At 31 July 233,4143,414
At 31 July 222,2902,290
8.Description of financial commitments other than capital commitments
The total amount of financial commitments not included in the balance sheet is £12,527 (2022 £3,331). This commitment represents total office rental commitments over its remaining term expiring in February 2025.
9.Stocks

2023

2022

££
Finished goods1,8351,975
Total1,8351,975
10.Debtors

2023

2022

££
Trade debtors / trade receivables-3,150
Other debtors838-
Prepayments and accrued income366366
Total1,2043,516
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables-1,215
Amounts owed to related parties5,0544,912
Taxation and social security6,4477,517
Accrued liabilities and deferred income838798
Total12,33914,442
Short term creditors are measured at transaction price (which is usually the invoice price).
12.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)648435
Total648435