2023-10-01 2024-09-30 false Capium Accounts Production 1.1 11589091 2023-10-01 2024-09-30 11589091 bus:FullAccounts 2023-10-01 2024-09-30 11589091 bus:FRS102 2023-10-01 2024-09-30 11589091 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11589091 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11589091 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11589091 2023-10-01 2024-09-30 11589091 2024-09-30 11589091 bus:RegisteredOffice 2023-10-01 2024-09-30 11589091 core:WithinOneYear 2024-09-30 11589091 core:AfterOneYear 2024-09-30 11589091 1 2023-10-01 2024-09-30 11589091 bus:Director1 2023-10-01 2024-09-30 11589091 bus:Director1 2024-09-30 11589091 bus:Director1 2022-10-01 2023-09-30 11589091 bus:Director2 2023-10-01 2024-09-30 11589091 bus:Director2 2024-09-30 11589091 bus:Director2 2022-10-01 2023-09-30 11589091 2022-10-01 11589091 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 11589091 2022-10-01 2023-09-30 11589091 2023-09-30 11589091 core:WithinOneYear 2023-09-30 11589091 core:AfterOneYear 2023-09-30 11589091 bus:EntityAccountantsOrAuditors 2022-10-01 2023-09-30 11589091 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 11589091 bus:OrdinaryShareClass1 2024-09-30 11589091 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 11589091 bus:OrdinaryShareClass1 2023-09-30 11589091 core:PlantMachinery 2023-10-01 2024-09-30 11589091 core:PlantMachinery 2024-09-30 11589091 core:PlantMachinery 2023-09-30 11589091 core:FurnitureFittings 2023-10-01 2024-09-30 11589091 core:FurnitureFittings 2024-09-30 11589091 core:FurnitureFittings 2023-09-30 11589091 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-09-30 11589091 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-09-30 11589091 core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 11589091 core:OtherResidualIntangibleAssets 2024-09-30 11589091 core:OtherResidualIntangibleAssets 2023-09-30 11589091 core:NetGoodwill 2023-10-01 2024-09-30 11589091 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 11589091 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 11589091 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 11589091 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 11589091 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 11589091 core:Non-currentFinancialInstruments 2024-09-30 11589091 core:Non-currentFinancialInstruments 2023-09-30 11589091 core:ShareCapital 2024-09-30 11589091 core:ShareCapital 2023-09-30 11589091 core:SharePremium 2024-09-30 11589091 core:SharePremium 2023-09-30 11589091 core:RetainedEarningsAccumulatedLosses 2024-09-30 11589091 core:RetainedEarningsAccumulatedLosses 2023-09-30 11589091 dpl:Item1 2023-10-01 11589091 dpl:Item1 2024-09-30 11589091 dpl:Item1 2022-10-01 11589091 dpl:Item1 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 11589091
England and Wales

 

 

 

WILD SCIENCE LAB LIMITED


Filleted Financial Statements
 


Period of accounts

Start date: 01 October 2023

End date: 30 September 2024
Directors Zoe Wasfy
Ali Wasfy
Registered Number 11589091
Registered Office 60 High Street
Wimbledon
London
United kingdom
SW19 5EE
1
Report to the directors on the preparation of the unaudited statutory accounts of Wild Science Lab Limited for the year ended 30 September 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wild Science Lab Limited for the year ended 30 September 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Wild Science Lab Limited, as a body, in accordance with the terms of our engagement letter dated 15 April 2025. Our work has been undertaken solely to prepare for your approval the accounts of Wild Science Lab Limited and state those matters that we have agreed to state to the Board of Directors of Wild Science Lab Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wild Science Lab Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wild Science Lab Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wild Science Lab Limited. You consider that Wild Science Lab Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Wild Science Lab Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
30 September 2024.



....................................................
IBISS & CO LIMITED
188 Mitcham Road
London
SW17 9NJ
15 April 2025
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 102,345    99,840 
Tangible fixed assets 4 7,642    3,720 
109,987    103,560 
Current assets      
Stocks 5 197,310    289,922 
Debtors 6 461,757    188,022 
Cash at bank and in hand 107,009    22,251 
766,076    500,195 
Creditors: amount falling due within one year 7 (373,072)   (200,123)
Net current assets 393,004    300,072 
 
Total assets less current liabilities 502,991    403,632 
Creditors: amount falling due after more than one year 8 (119,837)   (26,833)
Accruals and deferred income (1,500)   (1,500)
Net assets 381,654    375,299 
 

Capital and reserves
     
Called up share capital 9 1,595    1,595 
Share premium account 10 349,930    349,930 
Profit and loss account 30,129    23,774 
Shareholders' funds 381,654    375,299 
 


For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 15 April 2025 and were signed on its behalf by:


-------------------------------
Zoe Wasfy
Director
3
General Information
Wild Science Lab Limited is a private company, limited by shares, registered in England and Wales, registration number 11589091, registration address 60 High Street, Wimbledon, London, United kingdom, SW19 5EE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard); 
This is the first year that the company has presented its financial statements under FRS 102 Section 1A, having previously applied FRS 105.
Change in accounting policy
Effective from 1st October 2023, the company has adopted FRS 102, Section 1A. The transition from FRS 105 did not result in any changes to the companys financial accounting policies. Consequently, the accounts have not been restated.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill - Brand Creation
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.
Licences and patents
Licences and patents are stated at cost less amortisation. Amortisation of licences is calculated on a straight line basis over the life of the licence. Amortisation of patents is calculated on a straight line basis over the estimated expected useful economic life of the patents of 10 years.
Trade Mark
Trade Mark is stated at cost less amortization. Amortization is calculated on a straight line basis over the estimated expected useful economic life of the Trade Mark of 10 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery etc 5 Years
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Factored debts
The company includes factored debts within trade debtors since most of the risks and rewards of ownership of the factored debts have not passed to the factors. A corresponding liability is included in liabilities in respect of the proceeds received from the factor.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Intangible fixed assets

Cost Other intangible assets   Total
  £   £
At 01 October 2023 121,932    121,932 
Additions 16,429    16,429 
Disposals  
At 30 September 2024 138,361    138,361 
Amortisation
At 01 October 2023 22,092    22,092 
Charge for year 13,924    13,924 
On disposals  
At 30 September 2024 36,016    36,016 
Net book values
At 30 September 2024 102,345    102,345 
At 30 September 2023 99,840    99,840 


4.

Tangible fixed assets

Cost or valuation Plant and machinery etc   Total
  £   £
At 01 October 2023 8,388    8,388 
Additions 6,783    6,783 
Disposals  
At 30 September 2024 15,171    15,171 
Depreciation
At 01 October 2023 4,668    4,668 
Charge for year 2,861    2,861 
On disposals  
At 30 September 2024 7,529    7,529 
Net book values
Closing balance as at 30 September 2024 7,642    7,642 
Opening balance as at 01 October 2023 3,720    3,720 


5.

Stocks

2024
£
  2023
£
Stocks 197,310    289,922 
197,310    289,922 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 461,027    187,844 
PAYE & Social Security 730    178 
461,757    188,022 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 64,904    34,356 
Corporation Tax 16,421    195 
Other Creditors 38,834   
Dividends Payable - Equity 55,825   
Wages & Salaries Control Account 1,000    1,000 
Ali Wasify 161,075    161,075 
Zoe Wasify 3,137    2,931 
VAT 31,876    566 
373,072    200,123 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts (secured) 100,005   
Bounce Back Loan 19,832    26,833 
119,837    26,833 

9.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
159,500 Class A shares of £0.01 each 1,595    1,595 
1,595    1,595 

10.

Share premium account

2024
£
  2023
£
Equity Share Premium b/fwd 349,930   
Equity Share Premium - New Issue   349,930 
349,930    349,930 

4