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REGISTERED NUMBER: 04658862 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

WOW COMMUNICATIONS LIMITED

WOW COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04658862)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOW COMMUNICATIONS LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTORS: G P Scully
J Solanki
Ms J Bodenham





SECRETARY: G P Scully





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 04658862 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

WOW COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04658862)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 234 467

CURRENT ASSETS
Debtors 5 58,633 40,015
Cash at bank 67,689 65,194
126,322 105,209
CREDITORS
Amounts falling due within one year 6 74,341 48,869
NET CURRENT ASSETS 51,981 56,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,215

56,807

CREDITORS
Amounts falling due after more than one
year

7

(7,770

)

(13,921

)

PROVISIONS FOR LIABILITIES (44 ) (89 )
NET ASSETS 44,401 42,797

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 44,398 42,794
SHAREHOLDERS' FUNDS 44,401 42,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

WOW COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04658862)

BALANCE SHEET - continued
29 February 2024


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 Income Statement has not been delivered.

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:




J Solanki - Director



G P Scully - Director


WOW COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04658862)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

Wow Communications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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 year was 3 (2023 - 3 ) .

WOW COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04658862)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 12,053
DEPRECIATION
At 1 March 2023 11,586
Charge for year 233
At 29 February 2024 11,819
NET BOOK VALUE
At 29 February 2024 234
At 28 February 2023 467

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,633 40,015

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,728 5,576
Trade creditors 11,508 1,792
Taxation and social security 54,862 39,923
Other creditors 2,243 1,578
74,341 48,869

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,770 13,921

8. RELATED PARTY DISCLOSURES

At 29 February 2024 other creditors includes loans made to the company by the directors of £1,193 (2023 £578). The loans are interest free and no fixed date for repayment.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its director's G P Scully, J Solanki and Ms J Bodenham.