2023-04-012024-03-312024-03-31false11893629WISDOM BPO LTD2024-12-0462020falseiso4217:GBPxbrli:pure118936292023-04-01118936292024-03-31118936292023-04-012024-03-31118936292022-04-01118936292023-03-31118936292022-04-012023-03-3111893629bus:SmallEntities2023-04-012024-03-3111893629bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111893629bus:FullAccounts2023-04-012024-03-3111893629bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111893629core:WithinOneYear2024-03-3111893629core:AfterOneYear2024-03-3111893629core:WithinOneYear2023-03-3111893629core:AfterOneYear2023-03-3111893629core:ShareCapital2024-03-3111893629core:SharePremium2024-03-3111893629core:RevaluationReserve2024-03-3111893629core:OtherReservesSubtotal2024-03-3111893629core:RetainedEarningsAccumulatedLosses2024-03-3111893629core:ShareCapital2023-03-3111893629core:SharePremium2023-03-3111893629core:RevaluationReserve2023-03-3111893629core:OtherReservesSubtotal2023-03-3111893629core:RetainedEarningsAccumulatedLosses2023-03-3111893629core:LandBuildings2024-03-3111893629core:PlantMachinery2024-03-3111893629core:Vehicles2024-03-3111893629core:FurnitureFittings2024-03-3111893629core:OfficeEquipment2024-03-3111893629core:NetGoodwill2024-03-3111893629core:IntangibleAssetsOtherThanGoodwill2024-03-3111893629core:ListedExchangeTraded2024-03-3111893629core:UnlistedNon-exchangeTraded2024-03-3111893629core:LandBuildings2023-03-3111893629core:PlantMachinery2023-03-3111893629core:Vehicles2023-03-3111893629core:FurnitureFittings2023-03-3111893629core:OfficeEquipment2023-03-3111893629core:NetGoodwill2023-03-3111893629core:IntangibleAssetsOtherThanGoodwill2023-03-3111893629core:ListedExchangeTraded2023-03-3111893629core:UnlistedNon-exchangeTraded2023-03-3111893629core:LandBuildings2023-04-012024-03-3111893629core:PlantMachinery2023-04-012024-03-3111893629core:Vehicles2023-04-012024-03-3111893629core:FurnitureFittings2023-04-012024-03-3111893629core:OfficeEquipment2023-04-012024-03-3111893629core:NetGoodwill2023-04-012024-03-3111893629core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111893629core:ListedExchangeTraded2023-04-012024-03-3111893629core:UnlistedNon-exchangeTraded2023-04-012024-03-3111893629core:MoreThanFiveYears2023-04-012024-03-3111893629core:Non-currentFinancialInstruments2024-03-3111893629core:Non-currentFinancialInstruments2023-03-3111893629dpl:CostSales2023-04-012024-03-3111893629dpl:DistributionCosts2023-04-012024-03-3111893629core:LandBuildings2023-04-012024-03-3111893629core:PlantMachinery2023-04-012024-03-3111893629core:Vehicles2023-04-012024-03-3111893629core:FurnitureFittings2023-04-012024-03-3111893629core:OfficeEquipment2023-04-012024-03-3111893629dpl:AdministrativeExpenses2023-04-012024-03-3111893629core:NetGoodwill2023-04-012024-03-3111893629core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111893629dpl:GroupUndertakings2023-04-012024-03-3111893629dpl:ParticipatingInterests2023-04-012024-03-3111893629dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111893629core:ListedExchangeTraded2023-04-012024-03-3111893629dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111893629core:UnlistedNon-exchangeTraded2023-04-012024-03-3111893629dpl:CostSales2022-04-012023-03-3111893629dpl:DistributionCosts2022-04-012023-03-3111893629core:LandBuildings2022-04-012023-03-3111893629core:PlantMachinery2022-04-012023-03-3111893629core:Vehicles2022-04-012023-03-3111893629core:FurnitureFittings2022-04-012023-03-3111893629core:OfficeEquipment2022-04-012023-03-3111893629dpl:AdministrativeExpenses2022-04-012023-03-3111893629core:NetGoodwill2022-04-012023-03-3111893629core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111893629dpl:GroupUndertakings2022-04-012023-03-3111893629dpl:ParticipatingInterests2022-04-012023-03-3111893629dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111893629core:ListedExchangeTraded2022-04-012023-03-3111893629dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111893629core:UnlistedNon-exchangeTraded2022-04-012023-03-3111893629core:NetGoodwill2024-03-3111893629core:IntangibleAssetsOtherThanGoodwill2024-03-3111893629core:LandBuildings2024-03-3111893629core:PlantMachinery2024-03-3111893629core:Vehicles2024-03-3111893629core:FurnitureFittings2024-03-3111893629core:OfficeEquipment2024-03-3111893629core:AfterOneYear2024-03-3111893629core:WithinOneYear2024-03-3111893629core:ListedExchangeTraded2024-03-3111893629core:UnlistedNon-exchangeTraded2024-03-3111893629core:ShareCapital2024-03-3111893629core:SharePremium2024-03-3111893629core:RevaluationReserve2024-03-3111893629core:OtherReservesSubtotal2024-03-3111893629core:RetainedEarningsAccumulatedLosses2024-03-3111893629core:NetGoodwill2023-03-3111893629core:IntangibleAssetsOtherThanGoodwill2023-03-3111893629core:LandBuildings2023-03-3111893629core:PlantMachinery2023-03-3111893629core:Vehicles2023-03-3111893629core:FurnitureFittings2023-03-3111893629core:OfficeEquipment2023-03-3111893629core:AfterOneYear2023-03-3111893629core:WithinOneYear2023-03-3111893629core:ListedExchangeTraded2023-03-3111893629core:UnlistedNon-exchangeTraded2023-03-3111893629core:ShareCapital2023-03-3111893629core:SharePremium2023-03-3111893629core:RevaluationReserve2023-03-3111893629core:OtherReservesSubtotal2023-03-3111893629core:RetainedEarningsAccumulatedLosses2023-03-3111893629core:NetGoodwill2022-04-0111893629core:IntangibleAssetsOtherThanGoodwill2022-04-0111893629core:LandBuildings2022-04-0111893629core:PlantMachinery2022-04-0111893629core:Vehicles2022-04-0111893629core:FurnitureFittings2022-04-0111893629core:OfficeEquipment2022-04-0111893629core:AfterOneYear2022-04-0111893629core:WithinOneYear2022-04-0111893629core:ListedExchangeTraded2022-04-0111893629core:UnlistedNon-exchangeTraded2022-04-0111893629core:ShareCapital2022-04-0111893629core:SharePremium2022-04-0111893629core:RevaluationReserve2022-04-0111893629core:OtherReservesSubtotal2022-04-0111893629core:RetainedEarningsAccumulatedLosses2022-04-0111893629core:AfterOneYear2023-04-012024-03-3111893629core:WithinOneYear2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111893629core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3111893629core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3111893629core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3111893629core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3111893629core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3111893629bus:Director12023-04-012024-03-3111893629core:FurnitureFittingsToolsEquipment2023-03-3111893629core:FurnitureFittingsToolsEquipment2024-03-3111893629core:FurnitureFittingsToolsEquipment2023-04-012024-03-31

WISDOM BPO LTD

Registered Number
11893629
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

WISDOM BPO LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

PATTERSON, Richard John

Registered Address

Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF

Registered Number

11893629 (England and Wales)
WISDOM BPO LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets33701,795
3701,795
Current assets
Debtors3,9933,145
Cash at bank and on hand6,9631,232
10,9564,377
Creditors amounts falling due within one year4(8,486)(4,808)
Net current assets (liabilities)2,470(431)
Total assets less current liabilities2,8401,364
Provisions for liabilities5(70)(341)
Net assets2,7701,023
Capital and reserves
Called up share capital100100
Profit and loss account2,670923
Shareholders' funds2,7701,023
The financial statements were approved and authorised for issue by the Director on 4 December 2024, and are signed on its behalf by:
PATTERSON, Richard John
Director
Registered Company No. 11893629
WISDOM BPO LTD
Notes to the Financial Statements
for the year ended 31 March 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.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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)
Fixtures and fittings3
Office Equipment3
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 April 2319,6053,70723,312
At 31 March 2419,6053,70723,312
Depreciation and impairment
At 01 April 2319,4162,10121,517
Charge for year1891,2361,425
At 31 March 2419,6053,33722,942
Net book value
At 31 March 24-370370
At 31 March 231891,6061,795
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables164516
Taxation and social security8,3224,292
Total8,4864,808
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.
5.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)70341
Total70341