WA IS MA LTD

Company Registration Number:
15031290 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 26 July 2023

End date: 31 July 2024

WA IS MA LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WA IS MA LTD

Company Information

for the Period Ended 31 July 2024




Director: Rickie Cheuk
Registered office: 109a
Hamilton Road
London
England
NW11 9EE
Company Registration Number: 15031290 (England and Wales)

WA IS MA LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

Metalsmith - design and fabrication service.

Directors

The director(s) shown below were appointed to the company during the period
Rickie Cheuk
26 July 2023

This report was approved by the board of directors on 27 April 2025
And Signed On Behalf Of The Board By:

Name: Rickie Cheuk
Status: Director

WA IS MA LTD

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£
Turnover 5,821
Cost of sales ( 5,073 )
Gross Profit or (Loss) 748
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 226 )
Other operating income 0
Operating Profit or (Loss) 522
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 522
Tax on Profit ( 99 )
Profit or (Loss) for Period 423

The notes form part of these financial statements

WA IS MA LTD

Balance sheet

As at 31 July 2024


Notes

2024
£
Fixed assets
Intangible assets: 4 1,000
Tangible assets: 5 200,000
Total fixed assets: 201,000
Current assets
Stocks: 0
Debtors: 6 0
Cash at bank and in hand: 1,500
Total current assets: 1,500
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 1,000 )
Net current assets (liabilities): 500
Total assets less current liabilities: 201,500
Creditors: amounts falling due after more than one year: 8 ( 3,000 )
Provision for liabilities: ( 5,000 )
Accruals and deferred income: ( 350 )
Total net assets (liabilities): 193,150

The notes form part of these financial statements

WA IS MA LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£
Capital and reserves
Called up share capital: 130,000
Revaluation reserve: 9 62,630
Profit and loss account: 520
Shareholders funds: 193,150

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 27 April 2025
And Signed On Behalf Of The Board By:

Name: Rickie Cheuk
Status: Director

The notes form part of these financial statements

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024
    Average number of employees during the period 1

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Intangible assets

Other Total
Cost £ £
Additions 200 200
Disposals - -
Revaluations 1,000 1,000
Transfers - -
At 31 July 2024 1,200 1,200
Amortisation
Charge for year 200 200
On disposals - -
Other adjustments - -
Amortisation at 31 July 2024 200 200
Net book value
Net book value at 31 July 2024 1,000 1,000

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible assets

Land & buildings Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £ £
Additions 150,000 30,000 5,000 15,000 200,000
Disposals - - - - -
Revaluations 30,000 - - - 30,000
Transfers - - - - -
At 31 July 2024 180,000 30,000 5,000 15,000 230,000
Depreciation
Charge for year 22,000 5,000 1,000 2,000 30,000
On disposals - - - - -
Other adjustments - - - - -
At 31 July 2024 22,000 5,000 1,000 2,000 30,000
Net book value
At 31 July 2024 158,000 25,000 4,000 13,000 200,000

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Debtors


2024
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 0
Total 0

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due within one year note


2024
£
Bank loans and overdrafts 1,000
Total 1,000

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

8.Creditors: amounts falling due after more than one year


2024
£
Bank loans and overdrafts 2,000
Amounts due under finance leases and hire purchase contracts 1,000
Total 3,000

WA IS MA LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

9. Revaluation reserve


2024
£
Surplus or deficit after revaluation 62,630
Balance at 31 July 2024 62,630