1 April 2022 false No description of principal activity Taxfiler 2023.15 13269439business:PrivateLimitedCompanyLtd2022-04-012023-03-31 132694392022-03-31 132694392022-04-012023-03-31 13269439business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 13269439business:FilletedAccounts2022-04-012023-03-31 132694392023-03-31 13269439business:Director12022-04-012023-03-31 13269439business:Director22022-04-012023-03-31 13269439business:RegisteredOffice2022-04-012023-03-31 132694392022-03-31 13269439core:WithinOneYear2023-03-31 13269439core:WithinOneYear2022-03-31 13269439core:AfterOneYear2023-03-31 13269439core:AfterOneYear2022-03-31 13269439core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13269439core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 13269439core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13269439core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 13269439core:PreviouslyStatedAmount2023-03-31 13269439core:PreviouslyStatedAmount2022-03-31 13269439business:SmallEntities2022-04-012023-03-31 13269439countries:EnglandWales2022-04-012023-03-31 13269439core:PlantMachinery2022-03-31 13269439core:FurnitureFittings2022-03-31 13269439core:PlantMachinery2023-03-31 13269439core:FurnitureFittings2023-03-31 132694392021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13269439 (England and Wales)
WRAPS SHACK LTD Unaudited accounts for the year ended 31 March 2023
WRAPS SHACK LTD Unaudited accounts Contents
Page
- 2 -
WRAPS SHACK LTD Company Information for the year ended 31 March 2023
Directors
Syed Faraz ALI Mohsin Ali MALIK
Company Number
13269439 (England and Wales)
Registered Office
24 A THE BROADWAY LOUGHTON ESSEX IG10 3SY UNITED KINGDOM
Accountants
Bismil Accountants Challenge House, SLZ1 616 Mitcham Road Croydon CR0 3AA
- 3 -
WRAPS SHACK LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,200 
6,200 
Current assets
Debtors
4,000 
4,000 
Cash at bank and in hand
169 
155 
4,169 
4,155 
Creditors: amounts falling due within one year
(26,700)
(26,673)
Net current liabilities
(22,531)
(22,518)
Total assets less current liabilities
(16,331)
(16,318)
Creditors: amounts falling due after more than one year
(900)
(600)
Net liabilities
(17,231)
(16,918)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(17,232)
(16,919)
Shareholders' funds
(17,231)
(16,918)
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 directors acknowledge their 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 of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by
Syed Faraz ALI Director Company Registration No. 13269439
- 4 -
WRAPS SHACK LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
WRAPS SHACK LTD is a private company, limited by shares, registered in England and Wales, registration number 13269439. The registered office is 24 A THE BROADWAY , LOUGHTON, ESSEX, IG10 3SY, 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.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
3,550 
4,000 
7,550 
At 31 March 2023
3,550 
4,000 
7,550 
Depreciation
At 1 April 2022
630 
720 
1,350 
At 31 March 2023
630 
720 
1,350 
Net book value
At 31 March 2023
2,920 
3,280 
6,200 
At 31 March 2022
2,920 
3,280 
6,200 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
4,000 
4,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
26,700 
26,673 
- 5 -
WRAPS SHACK LTD Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
900 
600 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -