Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3072023-07-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08626315 2023-07-01 2024-06-30 08626315 2022-07-01 2023-06-30 08626315 2024-06-30 08626315 2023-06-30 08626315 2022-07-01 08626315 c:Director2 2023-07-01 2024-06-30 08626315 d:PlantMachinery 2023-07-01 2024-06-30 08626315 d:MotorVehicles 2023-07-01 2024-06-30 08626315 d:FurnitureFittings 2023-07-01 2024-06-30 08626315 d:FurnitureFittings 2024-06-30 08626315 d:FurnitureFittings 2023-06-30 08626315 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 08626315 d:OfficeEquipment 2023-07-01 2024-06-30 08626315 d:OfficeEquipment 2024-06-30 08626315 d:OfficeEquipment 2023-06-30 08626315 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 08626315 d:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 08626315 d:OtherPropertyPlantEquipment 2024-06-30 08626315 d:OtherPropertyPlantEquipment 2023-06-30 08626315 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 08626315 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 08626315 d:CurrentFinancialInstruments 2024-06-30 08626315 d:CurrentFinancialInstruments 2023-06-30 08626315 d:Non-currentFinancialInstruments 2024-06-30 08626315 d:Non-currentFinancialInstruments 2023-06-30 08626315 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 08626315 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08626315 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 08626315 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 08626315 d:ShareCapital 2024-06-30 08626315 d:ShareCapital 2023-06-30 08626315 d:ShareCapital 2022-07-01 08626315 d:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 08626315 d:RetainedEarningsAccumulatedLosses 2024-06-30 08626315 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 08626315 d:RetainedEarningsAccumulatedLosses 2023-06-30 08626315 d:RetainedEarningsAccumulatedLosses 2022-07-01 08626315 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 08626315 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 08626315 c:FRS102 2023-07-01 2024-06-30 08626315 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08626315 c:FullAccounts 2023-07-01 2024-06-30 08626315 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08626315 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 08626315









WISBY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
WISBY LIMITED
 
 
  
ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WISBY LIMITED
FOR THE YEAR ENDED 30 JUNE 2024

You consider that the Company is exempt from an audit for the year ended 30 June 2024. You have acknowledged, on the Balance sheet, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial year.

In accordance with your instructions, I have prepared the financial statements on pages 10 from the accounting records of the Company and on the basis of information and explanations you have given to me.

I have not carried out an audit or any other review, and consequently I do not express any opinion on these financial statements.

  



Eclipse Consultancy Limited
 
The Courtyard
14A Sydenham Road
Croydon
CR0 2EE
19 March 2025
Page 1

 
WISBY LIMITED
REGISTERED NUMBER: 08626315

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
151,265
74,392

  
151,265
74,392

Current assets
  

Debtors: amounts falling due within one year
 5 
253,349
499,724

Cash at bank and in hand
 6 
159,462
298,450

  
412,811
798,174

Creditors: amounts falling due within one year
 7 
(101,302)
(191,446)

Net current assets
  
 
 
311,509
 
 
606,728

Total assets less current liabilities
  
462,774
681,120

Creditors: amounts falling due after more than one year
  
(53,879)
(64,982)

Provisions for liabilities
  

Deferred tax
  
(37,816)
(18,598)

  
 
 
(37,816)
 
 
(18,598)

Net assets
  
371,079
597,540


Capital and reserves
  

Called up share capital 
  
150
150

Profit and loss account
  
370,929
597,390

  
371,079
597,540


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
Page 2

 
WISBY LIMITED
REGISTERED NUMBER: 08626315
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Vivek Vinodrai Shukla
Director

Date: 19 March 2025

The notes on pages 5 to 10 form part of these financial statements.

Page 3

 

 
WISBY LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 July 2022
150
596,929
597,079





Profit for the year
-
461
461





At 1 July 2023
150
597,390
597,540





Loss for the year
-
(226,461)
(226,461)



At 30 June 2024
150
370,929
371,079



The notes on pages 5 to 10 form part of these financial statements.

Page 4

 
WISBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Wisby Limited is a private company limited by shares and incorporated in England. Its registered office is:
106 Lower Addiscombe Road 
Croydon
CR0 6AD

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 5

 
WISBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25% and 20% straight line
Motor vehicles
-
20% straight line
Fixtures and fittings
-
25% straight line
Office renovation costs
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 6

 
WISBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 11).

Page 7

 
WISBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures and fittings
Office plant and machinery
Office renovation costs
Total

£
£
£
£



Cost or valuation


At 1 July 2023
60,888
162,863
450,729
674,480


Additions
-
112,148
-
112,148



At 30 June 2024

60,888
275,011
450,729
786,628



Depreciation


At 1 July 2023
60,888
88,471
450,729
600,088


Charge for the year on owned assets
-
35,275
-
35,275



At 30 June 2024

60,888
123,746
450,729
635,363



Net book value



At 30 June 2024
-
151,265
-
151,265



At 30 June 2023
-
74,392
-
74,392


5.


Debtors

2024
2023
£
£


Trade debtors
71,460
98,142

Other debtors
114,587
337,069

Prepayments and accrued income
67,302
64,513

253,349
499,724


Page 8

 
WISBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
159,462
298,450

159,462
298,450



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
56,067
58,591

Corporation tax
-
4,401

Other taxation and social security
23,113
109,501

Obligations under finance lease and hire purchase contracts
11,103
11,103

Other creditors
1,941
3,878

Accruals and deferred income
9,078
3,972

101,302
191,446



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
53,879
64,982

53,879
64,982



9.


Deferred taxation




2024


£






At beginning of year
(18,598)


Charged to profit or loss
(19,218)



At end of year
(37,816)

Page 9

 
WISBY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
 
9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(37,816)
(18,598)

(37,816)
(18,598)


10.


Provisions










At 30 June 2024

 
Page 10