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Company Registration No. 09644569 (England and Wales)
Wonderush Limited Unaudited accounts for the year ended 31 July 2024
Wonderush Limited Unaudited accounts Contents
Page
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Wonderush Limited Company Information for the year ended 31 July 2024
Directors
Kuvera Sivalingam Nelson Barath Sivalingam Michael Alexander Gardiner Whitfield Mark Alan Pearson Xiang Li Chongyu Gao Nigel Johnson Owens
Company Number
09644569 (England and Wales)
Registered Office
86-90 Paul Street London EC2A 4NE England
Accountants
Majestic Accountants Limited Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wonderush Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wonderush Limited for the year ended 31 July 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Majestic Accountants Limited Chartered Accountants Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES 17 October 2024
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Wonderush Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,506 
25,595 
Current assets
Debtors
255,457 
265,661 
Cash at bank and in hand
1,637,364 
2,212,583 
1,892,821 
2,478,244 
Creditors: amounts falling due within one year
(3,037,200)
(1,168,835)
Net current (liabilities)/assets
(1,144,379)
1,309,409 
Total assets less current liabilities
(1,127,873)
1,335,004 
Creditors: amounts falling due after more than one year
(25,447)
(35,593)
Net (liabilities)/assets
(1,153,320)
1,299,411 
Capital and reserves
Called up share capital
5 
5 
Share premium
7,942,169 
7,578,674 
Profit and loss account
(9,095,494)
(6,279,268)
Shareholders' funds
(1,153,320)
1,299,411 
For the year ending 31 July 2024 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 17 October 2024 and were signed on its behalf by
Kuvera Sivalingam Director Company Registration No. 09644569
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Wonderush Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Wonderush Limited is a private company, limited by shares, registered in England and Wales, registration number 09644569. The registered office is 86-90 Paul Street, London, EC2A 4NE, England.
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:
Computer equipment
has been depreciated at 25% using the straight line method.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
2,062 
- 
31,358 
33,420 
Additions
- 
505 
428 
933 
Disposals
(2,062)
- 
- 
(2,062)
At 31 July 2024
- 
505 
31,786 
32,291 
Depreciation
At 1 August 2023
- 
- 
7,825 
7,825 
Charge for the year
- 
- 
7,960 
7,960 
At 31 July 2024
- 
- 
15,785 
15,785 
Net book value
At 31 July 2024
- 
505 
16,001 
16,506 
At 31 July 2023
2,062 
- 
23,533 
25,595 
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Wonderush Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
15,196 
Trade debtors
171,296 
196,252 
Accrued income and prepayments
80,905 
54,207 
Other debtors
3,256 
6 
255,457 
265,661 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
174,736 
- 
Trade creditors
80,233 
52,951 
Taxes and social security
(69,200)
(80,592)
Other creditors
619,675 
9,925 
Accruals
180,241 
33,375 
Deferred income
2,051,515 
1,153,176 
3,037,200 
1,168,835 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,447 
35,593 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
534,921 ordinary shares of £0.00001 each
5.34 
5.17 
Shares issued during the period:
17,821 ordinary shares of £0.00001 each
0.17 
9
Transactions with related parties
During the year Wonderush Limited paid £1,151,741 for web development and maintenance projects to its wholly-owned subsidiary company, Hownow Technologies Private Limited, India which have been accounted for within the software costs.
10
Average number of employees
During the year the average number of employees was 30 (2023: 12).
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