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Company Registration No. 5121611 (England and Wales)
WISDOMNET LIMITED Unaudited accounts for the year ended 31 March 2023
WISDOMNET LIMITED Unaudited accounts Contents
Page
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WISDOMNET LIMITED Company Information for the year ended 31 March 2023
Director
Nicholas Jeremy Fox
Secretary
Elisabeth Galena
Company Number
5121611 (England and Wales)
Registered Office
Windycote Farmhouse March Lane Cellarhead Staffordshire ST9 0DN England
Accountants
Andrew B Sharkey Ltd Jasmine Cottage Rowland Bakewell Derbyshire DE45 1NR
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WISDOMNET LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
202 
252 
Current assets
Cash at bank and in hand
34,977 
52,573 
Creditors: amounts falling due within one year
(4,316)
(17,370)
Net current assets
30,661 
35,203 
Net assets
30,863 
35,455 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
30,860 
35,452 
Shareholders' funds
30,863 
35,455 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2023 and were signed on its behalf by
Nicholas Jeremy Fox Director Company Registration No. 5121611
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WISDOMNET LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
WISDOMNET LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5121611. The registered office and principal place of business is Windycote Farmhouse, March Lane, Cellarhead, Staffordshire, ST9 0DN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,331 
At 31 March 2023
1,331 
Depreciation
At 1 April 2022
1,079 
Charge for the year
50 
At 31 March 2023
1,129 
Net book value
At 31 March 2023
202 
At 31 March 2022
252 
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WISDOMNET LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
59 
20 
Loans from directors
4,257 
17,350 
4,316 
17,370 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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