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REGISTERED NUMBER: 02325497 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

WADHAM & ISHERWOOD MANAGEMENT LIMITED

WADHAM & ISHERWOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 02325497)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


WADHAM & ISHERWOOD MANAGEMENT LIMITED

COMPANY INFORMATION
For The Year Ended 31 May 2024







DIRECTOR: P J Atkinson





REGISTERED OFFICE: 1 Crown Square
Church Street East
Woking
Surrey
GU21 6HR





REGISTERED NUMBER: 02325497 (England and Wales)

WADHAM & ISHERWOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 02325497)

ABRIDGED BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 12,946 16,134
12,946 16,134

CURRENT ASSETS
Debtors 48,966 43,613
Cash at bank 39,452 95,567
88,418 139,180
CREDITORS
Amounts falling due within one year 81,584 103,070
NET CURRENT ASSETS 6,834 36,110
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,780

52,244

CREDITORS
Amounts falling due after more than one year 18,868 28,851
NET ASSETS 912 23,393

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 712 23,193
SHAREHOLDERS' FUNDS 912 23,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:




P J Atkinson - Director


WADHAM & ISHERWOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 02325497)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2024


1. STATUTORY INFORMATION

Wadham & Isherwood Management Limited 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of management consultancy services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years. The useful life estimate is reviewed at the end of each reporting period to determine whether the amortisation method is still appropriate.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.

Office equipment-at varying rates on cost and reducing balance
Home office-20% reducing balance

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

WADHAM & ISHERWOOD MANAGEMENT LIMITED (REGISTERED NUMBER: 02325497)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2024


4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 97,233
AMORTISATION
At 1 June 2023
and 31 May 2024 97,233
NET BOOK VALUE

At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 56,916
Additions 1,817
At 31 May 2024 58,733
DEPRECIATION
At 1 June 2023 40,782
Charge for year 5,005
At 31 May 2024 45,787
NET BOOK VALUE
At 31 May 2024 12,946
At 31 May 2023 16,134