2023-08-012024-07-312024-07-31false12780711Wee Woolly Wonderfuls Limited2024-10-16iso4217:GBPxbrli:pure127807112023-08-01127807112024-07-31127807112023-08-012024-07-31127807112022-08-01127807112023-07-31127807112022-08-012023-07-3112780711bus:SmallEntities2023-08-012024-07-3112780711bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3112780711bus:FullAccounts2023-08-012024-07-3112780711bus:PrivateLimitedCompanyLtd2023-08-012024-07-3112780711core:WithinOneYear2024-07-3112780711core:AfterOneYear2024-07-3112780711core:WithinOneYear2023-07-3112780711core:AfterOneYear2023-07-3112780711core:ShareCapital2024-07-3112780711core:SharePremium2024-07-3112780711core:RevaluationReserve2024-07-3112780711core:OtherReservesSubtotal2024-07-3112780711core:RetainedEarningsAccumulatedLosses2024-07-3112780711core:ShareCapital2023-07-3112780711core:SharePremium2023-07-3112780711core:RevaluationReserve2023-07-3112780711core:OtherReservesSubtotal2023-07-3112780711core:RetainedEarningsAccumulatedLosses2023-07-3112780711core:LandBuildings2024-07-3112780711core:PlantMachinery2024-07-3112780711core:Vehicles2024-07-3112780711core:FurnitureFittings2024-07-3112780711core:OfficeEquipment2024-07-3112780711core:NetGoodwill2024-07-3112780711core:IntangibleAssetsOtherThanGoodwill2024-07-3112780711core:ListedExchangeTraded2024-07-3112780711core:UnlistedNon-exchangeTraded2024-07-3112780711core:LandBuildings2023-07-3112780711core:PlantMachinery2023-07-3112780711core:Vehicles2023-07-3112780711core:FurnitureFittings2023-07-3112780711core:OfficeEquipment2023-07-3112780711core:NetGoodwill2023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2023-07-3112780711core:ListedExchangeTraded2023-07-3112780711core:UnlistedNon-exchangeTraded2023-07-3112780711core:LandBuildings2023-08-012024-07-3112780711core:PlantMachinery2023-08-012024-07-3112780711core:Vehicles2023-08-012024-07-3112780711core:FurnitureFittings2023-08-012024-07-3112780711core:OfficeEquipment2023-08-012024-07-3112780711core:NetGoodwill2023-08-012024-07-3112780711core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3112780711core:ListedExchangeTraded2023-08-012024-07-3112780711core:UnlistedNon-exchangeTraded2023-08-012024-07-3112780711core:MoreThanFiveYears2023-08-012024-07-3112780711core:Non-currentFinancialInstruments2024-07-3112780711core:Non-currentFinancialInstruments2023-07-3112780711dpl:CostSales2023-08-012024-07-3112780711dpl:DistributionCosts2023-08-012024-07-3112780711core:LandBuildings2023-08-012024-07-3112780711core:PlantMachinery2023-08-012024-07-3112780711core:Vehicles2023-08-012024-07-3112780711core:FurnitureFittings2023-08-012024-07-3112780711core:OfficeEquipment2023-08-012024-07-3112780711dpl:AdministrativeExpenses2023-08-012024-07-3112780711core:NetGoodwill2023-08-012024-07-3112780711core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3112780711dpl:GroupUndertakings2023-08-012024-07-3112780711dpl:ParticipatingInterests2023-08-012024-07-3112780711dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3112780711core:ListedExchangeTraded2023-08-012024-07-3112780711dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3112780711core:UnlistedNon-exchangeTraded2023-08-012024-07-3112780711dpl:CostSales2022-08-012023-07-3112780711dpl:DistributionCosts2022-08-012023-07-3112780711core:LandBuildings2022-08-012023-07-3112780711core:PlantMachinery2022-08-012023-07-3112780711core:Vehicles2022-08-012023-07-3112780711core:FurnitureFittings2022-08-012023-07-3112780711core:OfficeEquipment2022-08-012023-07-3112780711dpl:AdministrativeExpenses2022-08-012023-07-3112780711core:NetGoodwill2022-08-012023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112780711dpl:GroupUndertakings2022-08-012023-07-3112780711dpl:ParticipatingInterests2022-08-012023-07-3112780711dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3112780711core:ListedExchangeTraded2022-08-012023-07-3112780711dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3112780711core:UnlistedNon-exchangeTraded2022-08-012023-07-3112780711core:NetGoodwill2024-07-3112780711core:IntangibleAssetsOtherThanGoodwill2024-07-3112780711core:LandBuildings2024-07-3112780711core:PlantMachinery2024-07-3112780711core:Vehicles2024-07-3112780711core:FurnitureFittings2024-07-3112780711core:OfficeEquipment2024-07-3112780711core:AfterOneYear2024-07-3112780711core:WithinOneYear2024-07-3112780711core:ListedExchangeTraded2024-07-3112780711core:UnlistedNon-exchangeTraded2024-07-3112780711core:ShareCapital2024-07-3112780711core:SharePremium2024-07-3112780711core:RevaluationReserve2024-07-3112780711core:OtherReservesSubtotal2024-07-3112780711core:RetainedEarningsAccumulatedLosses2024-07-3112780711core:NetGoodwill2023-07-3112780711core:IntangibleAssetsOtherThanGoodwill2023-07-3112780711core:LandBuildings2023-07-3112780711core:PlantMachinery2023-07-3112780711core:Vehicles2023-07-3112780711core:FurnitureFittings2023-07-3112780711core:OfficeEquipment2023-07-3112780711core:AfterOneYear2023-07-3112780711core:WithinOneYear2023-07-3112780711core:ListedExch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Wee Woolly Wonderfuls Limited

Registered Number
12780711
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

Wee Woolly Wonderfuls Limited
Company Information
for the year from 1 August 2023 to 31 July 2024

Directors

Mrs L C Dobbs
Mr P R Dobbs

Registered Address

K3 Business Park Unit 38
200 Clough Road
Hull
HU5 1SN

Registered Number

12780711 (England and Wales)
Wee Woolly Wonderfuls Limited
Statement of Financial Position
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets33,5403,414
3,5403,414
Current assets
Stocks41,3651,835
Debtors58401,203
Cash at bank and on hand6,2126,796
8,4179,834
Creditors amounts falling due within one year6(12,823)(12,338)
Net current assets (liabilities)(4,406)(2,504)
Total assets less current liabilities(866)910
Provisions for liabilities7(673)(648)
Net assets(1,539)262
Capital and reserves
Called up share capital100100
Profit and loss account(1,639)162
Shareholders' funds(1,539)262
The financial statements were approved and authorised for issue by the Board of Directors on 16 October 2024, and are signed on its behalf by:
Mrs L C Dobbs
Director
Registered Company No. 12780711
Wee Woolly Wonderfuls Limited
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 August 234,8164,816
Additions1,5571,557
At 31 July 246,3736,373
Depreciation and impairment
At 01 August 231,4021,402
Charge for year1,4311,431
At 31 July 242,8332,833
Net book value
At 31 July 243,5403,540
At 31 July 233,4143,414
4.Stocks

2024

2023

££
Finished goods1,3651,835
Total1,3651,835
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables227-
Other debtors247837
Prepayments and accrued income366366
Total8401,203
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,343-
Amounts owed to related parties8,5595,053
Taxation and social security2,0596,447
Accrued liabilities and deferred income862838
Total12,82312,338
Short term creditors are measured at transaction price (which is usually the invoice price).
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)673648
Total673648
8.Other commitments
The total amount of financial commitments not included in the balance sheet is £4,615 (2023 £12,527). This commitment represents total office rental commitments over its remaining term expiring in February 2025.