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REGISTERED NUMBER: 05697821 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

WIZARD INVESTMENT UK LTD

WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WIZARD INVESTMENT UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Mr M H Olden
Mrs P L C Olden





SECRETARY: Mrs P L C Olden





REGISTERED OFFICE: Arrowsmith Court
Station Approach
Broadstone
Dorset
BH18 8AT





REGISTERED NUMBER: 05697821 (England and Wales)





ACCOUNTANTS: Newton Magnus
Chartered Certified Accountants
Arrowsmith Court
Station Approach
Broadstone
Dorset
BH18 8AT

WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)

ABRIDGED BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 282,600 282,600
Investment property 6 1,107,613 602,000
1,390,213 884,600

CURRENT ASSETS
Debtors 70,140 112,122
Cash at bank and in hand 510,187 956,378
580,327 1,068,500
CREDITORS
Amounts falling due within one year (24,567 ) (17,062 )
NET CURRENT ASSETS 555,760 1,051,438
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,945,973

1,936,038

CREDITORS
Amounts falling due after more than
one year

(7,500

)

(17,500

)

PROVISIONS FOR LIABILITIES (47,248 ) (39,898 )
NET ASSETS 1,891,225 1,878,640

WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2025

2025 2024
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 62 62
Share premium 221,940 221,940
Revaluation reserve 7 209,990 31,990
Retained earnings 1,459,233 1,624,648
SHAREHOLDERS' FUNDS 1,891,225 1,878,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:





Mr M H Olden - Director


WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Wizard Investment UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents gross rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The investment properties are stated at open market value as required by
Financial Reporting Standards for smaller Entities (effective April 2008).

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Group accounts
The company is entitled to exemption under Section 381 of the Companies Act 2006
from the obligation to prepare group accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024
and 31 January 2025 14,292
DEPRECIATION
At 1 February 2024
and 31 January 2025 14,292
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 February 2024
and 31 January 2025 282,600
NET BOOK VALUE
At 31 January 2025 282,600
At 31 January 2024 282,600

Cost or valuation at 31 January 2025 is represented by:
Totals
£   
Cost 282,600

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 602,000
Additions 505,613
At 31 January 2025 1,107,613
NET BOOK VALUE
At 31 January 2025 1,107,613
At 31 January 2024 602,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2014 349,000
Valuation in 2016 26,000
Valuation in 2017 35,000
Valuation in 2018 21,000
Valuation in 2019 (7,000 )
Valuation in 2022 131,000
Valuation in 2023 33,000
Valuation in 2024 14,000
Cost 505,613
1,107,613

WIZARD INVESTMENT UK LTD (REGISTERED NUMBER: 05697821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

6. INVESTMENT PROPERTY - continued

If the investment property had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 897,623 392,010

The investment property was valued on an a fair value basis on 31 January 2025 by the directors, Mr & Mrs Olden .

7. RESERVES
Revaluation
reserve
£   
At 1 February 2024 31,990
Surplus on valuation 178,000

At 31 January 2025 209,990

8. RELATED PARTY DISCLOSURES

Wizard Investments UK Ltd has a 76% shareholding in Merlin Fabrications Ltd. Mr M H Olden and Mrs P L Olden are the directors of Merlin Fabrications Ltd and hold the remaining 24% of the shares.