1 January 2023 false No description of principal activity Taxfiler 2024.5 13821229business:PrivateLimitedCompanyLtd2023-01-012023-12-31 138212292022-12-31 138212292023-01-012023-12-31 13821229business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 13821229business:FilletedAccounts2023-01-012023-12-31 138212292023-12-31 13821229business:Director12023-01-012023-12-31 13821229business:Director22023-01-012023-12-31 13821229business:RegisteredOffice2023-01-012023-12-31 138212292022-12-31 13821229core:WithinOneYear2023-12-31 13821229core:WithinOneYear2022-12-31 13821229core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 13821229core:SharePremiumcore:PreviouslyStatedAmount2022-12-31 13821229core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13821229core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13821229core:PreviouslyStatedAmount2023-12-31 13821229core:PreviouslyStatedAmount2022-12-31 13821229business:SmallEntities2023-01-012023-12-31 13821229countries:EnglandWales2023-01-012023-12-31 13821229core:PlantMachinery2023-01-012023-12-31 13821229core:PlantMachinery2022-12-31 13821229core:PlantMachinery2023-12-31 138212292021-12-292022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13821229 (England and Wales)
Wisepenny Ltd Unaudited accounts for the year ended 31 December 2023
Wisepenny Ltd Unaudited accounts Contents
Page
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Wisepenny Ltd Company Information for the year ended 31 December 2023
Directors
Chijioke Ohaegbu Rosemary Ohaegbu
Company Number
13821229 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
HD Accountancy Services 23A, Broad Lane Moldgreen Huddersfield West Yorkshire HD5 9BX
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Wisepenny Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,410 
14,790 
Current assets
Inventories
1,400 
2,417 
Cash at bank and in hand
25,483 
4,022 
26,883 
6,439 
Creditors: amounts falling due within one year
(50,614)
(33,614)
Net current liabilities
(23,731)
(27,175)
Net liabilities
(11,321)
(12,385)
Capital and reserves
Share premium
4 
4 
Profit and loss account
(11,325)
(12,389)
Shareholders' funds
(11,321)
(12,385)
For the year ending 31 December 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 2 September 2024 and were signed on its behalf by
Chijioke Ohaegbu Director Company Registration No. 13821229
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Wisepenny Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Wisepenny Ltd is a private company, limited by shares, registered in England and Wales, registration number 13821229. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
17,400 
Additions
1,375 
At 31 December 2023
18,775 
Depreciation
At 1 January 2023
2,610 
Charge for the year
3,755 
At 31 December 2023
6,365 
Net book value
At 31 December 2023
12,410 
At 31 December 2022
14,790 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
49,414 
33,014 
Accruals
1,200 
600 
50,614 
33,614 
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Wisepenny Ltd Notes to the Accounts for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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