Company Registration No. 12051185 (England and Wales)
WISE LANE LTD
Unaudited accounts
for the year ended 30 June 2024
WISE LANE LTD
Unaudited accounts
Contents
WISE LANE LTD
Company Information
for the year ended 30 June 2024
Company Number
12051185 (England and Wales)
Registered Office
11 Dahl Drive Tattenhoe Park,
Milton Keynes,
MK4 4SW
England
WISE LANE LTD
Statement of financial position
as at 30 June 2024
Investment property
208,954
208,954
Cash at bank and in hand
16,107
4,334
Creditors: amounts falling due within one year
(7,803)
(6,018)
Net current assets
10,564
2,811
Total assets less current liabilities
219,518
211,765
Creditors: amounts falling due after more than one year
(217,877)
(211,000)
Called up share capital
1
1
Profit and loss account
1,640
764
Shareholders' funds
1,641
765
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2025 and were signed on its behalf by
Muhammad Nouman
Director
Company Registration No. 12051185
WISE LANE LTD
Notes to the Accounts
for the year ended 30 June 2024
WISE LANE LTD is a private company, limited by shares, registered in England and Wales, registration number 12051185. The registered office is 11 Dahl Drive Tattenhoe Park,, Milton Keynes,, MK4 4SW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 July 2023
208,954
Amounts falling due within one year
Accrued income and prepayments
250
250
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
(440)
Taxes and social security
205
-
Loans from directors
6,348
2,610
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
217,877
211,000
WISE LANE LTD
Notes to the Accounts
for the year ended 30 June 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).