Company Registration No. 12232140 (England and Wales)
Waywise Mortgage and Finance LTD
Unaudited accounts
for the year ended 30 September 2023
Waywise Mortgage and Finance LTD
Unaudited accounts
Contents
Waywise Mortgage and Finance LTD
Company Information
for the year ended 30 September 2023
Company Number
12232140 (England and Wales)
Registered Office
28 COWBRDIGE LANE
BARKING
IG11 8LQ
UNITED KINGDOM
Waywise Mortgage and Finance LTD
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
(61)
49
Net current (liabilities)/assets
(61)
49
Total assets less current liabilities
206
587
Creditors: amounts falling due after more than one year
(5,992)
(4,441)
Net liabilities
(5,786)
(3,854)
Called up share capital
1
1
Profit and loss account
(5,787)
(3,855)
Shareholders' funds
(5,786)
(3,854)
For the year ending 30 September 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 31 October 2023 and were signed on its behalf by
Mr Sajjad ALI
Director
Company Registration No. 12232140
Waywise Mortgage and Finance LTD
Notes to the Accounts
for the year ended 30 September 2023
Waywise Mortgage and Finance LTD is a private company, limited by shares, registered in England and Wales, registration number 12232140. The registered office is 28 COWBRDIGE LANE, BARKING, IG11 8LQ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
430
650
1,080
At 30 September 2023
430
650
1,080
At 1 October 2022
216
326
542
Charge for the year
108
163
271
At 30 September 2023
324
489
813
At 30 September 2023
106
161
267
At 30 September 2022
214
324
538
5
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
4,000
4,000
Waywise Mortgage and Finance LTD
Notes to the Accounts
for the year ended 30 September 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).