IRIS Accounts Production v24.3.2.46 07475012 Board of Directors 1.1.24 31.12.24 31.12.24 0 0 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074750122023-12-31074750122024-12-31074750122024-01-012024-12-31074750122022-12-31074750122023-01-012023-12-31074750122023-12-3107475012ns15:EnglandWales2024-01-012024-12-3107475012ns14:PoundSterling2024-01-012024-12-3107475012ns10:Director12024-01-012024-12-3107475012ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107475012ns10:SmallEntities2024-01-012024-12-3107475012ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107475012ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107475012ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107475012ns10:FullAccounts2024-01-012024-12-310747501212024-01-012024-12-3107475012ns10:OrdinaryShareClass12024-01-012024-12-3107475012ns10:Director22024-01-012024-12-3107475012ns10:RegisteredOffice2024-01-012024-12-3107475012ns5:CurrentFinancialInstruments2024-12-3107475012ns5:CurrentFinancialInstruments2023-12-3107475012ns5:ShareCapital2024-12-3107475012ns5:ShareCapital2023-12-3107475012ns5:RetainedEarningsAccumulatedLosses2024-12-3107475012ns5:RetainedEarningsAccumulatedLosses2023-12-3107475012ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3107475012ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-012024-12-3107475012ns5:PlantMachinery2024-01-012024-12-3107475012ns5:FurnitureFittings2024-01-012024-12-3107475012ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-3107475012ns5:PatentsTrademarksLicencesConcessionsSimilar2024-12-3107475012ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-3107475012ns5:PlantMachinery2023-12-3107475012ns5:FurnitureFittings2023-12-3107475012ns5:PlantMachinery2024-12-3107475012ns5:FurnitureFittings2024-12-3107475012ns5:PlantMachinery2023-12-3107475012ns5:FurnitureFittings2023-12-3107475012ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107475012ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107475012ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 07475012 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WIRED & INSPIRED LIMITED

WIRED & INSPIRED LIMITED (REGISTERED NUMBER: 07475012)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WIRED & INSPIRED LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: L W Vigilante
Mrs A Vigilante





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD





BUSINESS ADDRESS: 206 Kimberley Road
Benfleet
Essex
SS7 1DR





REGISTERED NUMBER: 07475012 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Certified Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

WIRED & INSPIRED LIMITED (REGISTERED NUMBER: 07475012)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,944 2,676
1,944 2,676

CURRENT ASSETS
Debtors 6 29,571 34,144
Cash at bank 108,291 131,871
137,862 166,015
CREDITORS
Amounts falling due within one year 7 40,375 42,083
NET CURRENT ASSETS 97,487 123,932
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,431

126,608

PROVISIONS FOR LIABILITIES 486 669
NET ASSETS 98,945 125,939

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 97,945 124,939
SHAREHOLDERS' FUNDS 98,945 125,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

WIRED & INSPIRED LIMITED (REGISTERED NUMBER: 07475012)

BALANCE SHEET - continued
31 DECEMBER 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 6 February 2025 and were signed on its behalf by:





L W Vigilante - Director


WIRED & INSPIRED LIMITED (REGISTERED NUMBER: 07475012)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Wired & Inspired 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

WIRED & INSPIRED LIMITED (REGISTERED NUMBER: 07475012)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 January 2024
and 31 December 2024 36,340
AMORTISATION
At 1 January 2024
and 31 December 2024 36,340
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 1,277 8,939 10,216
DEPRECIATION
At 1 January 2024 731 6,809 7,540
Charge for year 137 595 732
At 31 December 2024 868 7,404 8,272
NET BOOK VALUE
At 31 December 2024 409 1,535 1,944
At 31 December 2023 546 2,130 2,676

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 27,630 33,096
Other debtors 1,941 1,048
29,571 34,144

WIRED & INSPIRED LIMITED (REGISTERED NUMBER: 07475012)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 276 180
Taxation and social security 38,956 41,579
Other creditors 1,143 324
40,375 42,083

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1,000 Ordinary £1 1,000 1,000