smallAccCompHo_0921.xslt
Company Registration No. 11367190 (England and Wales)
WAWWA LIMITED
Financial Statements
for the Period from 01 June 2023 to 31 May 2024

WAWWA LIMITED

Financial Statements for the period ending 31 May 2024

WAWWA LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

1. Statutory Information
WAWWA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11367190.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the total value of goods sold and services provided during the financial year, exclusive of VAT and discounts.

WAWWA LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

Current Tax
Corporation tax is provided on taxable profits for the year, calculated in accordance with current tax laws and rates.
Tangible Fixed Asset Policy
Fixed assets are stated at cost, net of accumulated depreciation. Cost includes purchase price, directly attributable costs, and any expenditure required to bring the asset into use.Depreciation is provided on all fixed assets to allocate their cost systematically over their estimated useful lives. The following straight-line method is used:Property, Plant & Equipment - 20% per annum

WAWWA LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

Stock
Stock is valued at the lower of cost and net realisable value (NRV).Cost includes all directly attributable costs to bring stock to its present location and condition, including purchase price, import duties, and transport.

WAWWA LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 10
2023 9
4. Principal Activity
Manufacture & retail of clothing & accessories.

WAWWA LIMITED

Financial Statements for the period ending 31 May 2024

Notes to the Accounts

5. Fixed Assets
Plant and Machinery Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £ £
At 01/06/2023 2,750 10,620 628 13,998
Additions 4,139 8,406 - 12,545
At 31/05/2024 6,889 19,026 628 26,543
Depreciation
At 01/06/2023 - - - -
Charge for the year - 5,312 - 5,312
At 31/05/2024 - 5,312 - 5,312
Net Book Value
At 31/05/2024 6,889 13,714 628 21,231
At 31/05/2023 2,750 10,620 628 13,998