This Is Wonderland Ltd
Unaudited Financial Statements
For the year ended 31 December 2023
Pages for Filing with Registrar
Company Registration No. 09190560 (England and Wales)
This is Wonderland Ltd
This Is Wonderland Ltd
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
This is Wonderland Ltd
This Is Wonderland Ltd
Balance Sheet
As at 31 December 2023
Page 1
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
650,110
650,110
Current assets
-
-
Creditors: amounts falling due within one year
5
(2,581)
(2,581)
Net current liabilities
(2,581)
(2,581)
Total assets less current liabilities
647,529
647,529
Capital and reserves
Called up share capital
6
110
110
Profit and loss reserves
647,419
647,419
Total equity
647,529
647,529
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 21 August 2024
T Rodgers
Director
Company Registration No. 09190560
This Is Wonderland Ltd
Notes to the Financial Statements
For the year ended 31 December 2023
Page 2
1
Accounting policies
Company information
This is Wonderland Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit D402, 118 Commercial Street, London, E1 6NF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
1.3
Financial instruments
The company has only basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
This Is Wonderland Ltd
Notes to the Financial Statements (Continued)
For the year ended 31 December 2023
Page 3
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
650,110
650,110
4
Subsidiaries
These financial statements are separate company financial statements for This is Wonderland Limited.
Details of the company's subsidiaries at 31 December 2023 are as follows:
Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Indirect
Rehabstudio Inc.
U.S.A.
Ordinary
-
100.00
Rehabstudio Ltd
Northern Ireland
Ordinary
100.00
-
5
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
81
81
Accruals and deferred income
2,500
2,500
2,581
2,581
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
90
90
90
90
Ordinary B shares of £1 each
20
20
20
20
110
110
110
110
This Is Wonderland Ltd
Notes to the Financial Statements (Continued)
For the year ended 31 December 2023
Page 4
7
Related party transactions
The company has chosen to take the FRS 102 exemption as per Section 33 Related Party Disclosures paragraph 33.7. All related party transactions in the period were in relation to 100% related Group companies.
8
Parent company
The ultimate parent of the company is TPFL Limited, a company incorporated in England and Wales.
Then ultimate controlling party of the company is Tim Rodgers by majority of his shareholding in TPFL Limited.