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REGISTERED NUMBER: 06416560 (England and Wales)









WONDERHATCH LTD.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






WONDERHATCH LTD. (REGISTERED NUMBER: 06416560)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WONDERHATCH LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: S Owen
W A Walsh
P Gather
M Webbon
P M J Harrison





REGISTERED OFFICE: Rosedale Studios
Rosedale Road
Richmond
London
TW9 2SX





REGISTERED NUMBER: 06416560 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

WONDERHATCH LTD. (REGISTERED NUMBER: 06416560)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 32,680 39,509
32,680 39,509

CURRENT ASSETS
Debtors 6 352,857 767,829
Cash at bank 71,527 21,178
424,384 789,007
CREDITORS
Amounts falling due within one year 7 428,202 621,030
NET CURRENT (LIABILITIES)/ASSETS (3,818 ) 167,977
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,862

207,486

CREDITORS
Amounts falling due after more than one
year

8

221,837

64,240
NET (LIABILITIES)/ASSETS (192,975 ) 143,246

CAPITAL AND RESERVES
Called up share capital 13 13
Share premium 1,061,977 974,258
Retained earnings (1,254,965 ) (831,025 )
SHAREHOLDERS' FUNDS (192,975 ) 143,246

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

WONDERHATCH LTD. (REGISTERED NUMBER: 06416560)

BALANCE SHEET - continued
31 MARCH 2025


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





W A Walsh - Director


WONDERHATCH LTD. (REGISTERED NUMBER: 06416560)

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

1. STATUTORY INFORMATION

Wonderhatch 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.

Turnover
Turnover represents net invoiced sales of goods/services, excluding value added tax. The recognition of revenue was on the basis of contract completion with sales invoiced but not delivered recognised as prepaid income.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Financial instruments
The company only enters into basic financial statement transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


WONDERHATCH LTD. (REGISTERED NUMBER: 06416560)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 100,000
AMORTISATION
At 1 April 2024
and 31 March 2025 100,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 April 2024 4,050 108,691 106,529 219,270
Additions - 865 4,747 5,612
Disposals - (89,599 ) (79,752 ) (169,351 )
At 31 March 2025 4,050 19,957 31,524 55,531
DEPRECIATION
At 1 April 2024 810 94,797 84,154 179,761
Charge for year 810 5,197 6,434 12,441
Eliminated on disposal - (89,599 ) (79,752 ) (169,351 )
At 31 March 2025 1,620 10,395 10,836 22,851
NET BOOK VALUE
At 31 March 2025 2,430 9,562 20,688 32,680
At 31 March 2024 3,240 13,894 22,375 39,509

WONDERHATCH LTD. (REGISTERED NUMBER: 06416560)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 302,854 710,138
Other debtors 50,003 57,691
352,857 767,829

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 56,723 63,039
Trade creditors 96,942 152,513
Taxation and social security (6,223 ) 62,807
Other creditors 280,760 342,671
428,202 621,030

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 221,837 64,240

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 87,202 78,688
Between one and five years 25,885 118,560
113,087 197,248