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REGISTERED NUMBER: 05222226 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023

FOR

WIZE-UP LIMITED

WIZE-UP LIMITED (REGISTERED NUMBER: 05222226)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


WIZE-UP LIMITED (REGISTERED NUMBER: 05222226)

BALANCE SHEET
31 DECEMBER 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 366

CURRENT ASSETS
Debtors 5 1,032 4,478
Cash at bank 31,296 57,203
32,328 61,681
CREDITORS
Amounts falling due within one year 6 7,725 11,390
NET CURRENT ASSETS 24,603 50,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,603

50,657

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,503 50,557
SHAREHOLDERS' FUNDS 24,603 50,657

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

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

The directors acknowledge their 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.

WIZE-UP LIMITED (REGISTERED NUMBER: 05222226)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2024 and were signed on its behalf by:





D A Cotton - Director


WIZE-UP LIMITED (REGISTERED NUMBER: 05222226)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Wize-Up Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05222226

Registered office: 5 Brooklands Place
Brooklands Road
Sale
M33 3SD

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 2 (2023 - 2 ) .

WIZE-UP LIMITED (REGISTERED NUMBER: 05222226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023 3,029 1,440 4,469
Disposals (3,029 ) (1,440 ) (4,469 )
At 31 December 2023 - - -
DEPRECIATION
At 1 March 2023 3,000 1,103 4,103
Charge for period 8 94 102
Eliminated on disposal (3,008 ) (1,197 ) (4,205 )
At 31 December 2023 - - -
NET BOOK VALUE
At 31 December 2023 - - -
At 28 February 2023 29 337 366

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors - 4,223
Other debtors 1,032 255
1,032 4,478

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Taxation and social security 5,351 8,352
Other creditors 2,374 3,038
7,725 11,390