| Registered number: 07333735 | ||||||||
| FOR THE YEAR ENDED 31/08/2024 | ||||||||
| Prepared By: | ||||||||
| Altomar Accountancy Ltd | ||||||||
| 192- 194 Alder Road | ||||||||
| Poole | ||||||||
| BH12 4AX | ||||||||
| Wise UK Engineering Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/08/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Dorset | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 07333735 | ||||||||
| ACCOUNTANTS | ||||||||
| Altomar Accountancy Ltd | ||||||||
| 192- 194 Alder Road | ||||||||
| Poole | ||||||||
| BH12 4AX | ||||||||
| Wise UK Engineering Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/08/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Wise UK Engineering Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 438,965 | 114,783 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 60,038 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 6 | 3,650 | 7,667 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 321,640 | 132,073 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Wise UK Engineering Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/08/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 15% | |||||||
| Commercial Vehicles | reducing balance 20% | |||||||
| Fixtures and Fittings | reducing balance 15% | |||||||
| Equipment | reducing balance 15% | |||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||||||||
| Plant and | Commercial | Fixtures | ||||||||
| Machinery | Vehicles | and Fittings | Equipment | Total | ||||||
| £ | £ | £ | £ | £ | ||||||
| Cost | ||||||||||
| At 01/09/2023 | 20,919 | 42,795 | 21,821 | 3,691 | 89,226 | |||||
| Additions | 66,816 | 53,196 | - | - | 120,012 | |||||
| At 31/08/2024 | 87,735 | 95,991 | 21,821 | 3,691 | 209,238 | |||||
| Depreciation | ||||||||||
| At 01/09/2023 | 2,219 | 3,780 | 2,341 | 1,084 | 9,424 | |||||
| For the year | 7,816 | 18,441 | 2,920 | 392 | 29,569 | |||||
| At 31/08/2024 | 10,035 | 22,221 | 5,261 | 1,476 | 38,993 | |||||
| Net Book Amounts | ||||||||||
| At 31/08/2024 | 170,245 | |||||||||
| At 31/08/2023 | 79,802 | |||||||||
| Wise UK Engineering Ltd | ||||||||
| 4. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 163,869 | 74,123 | ||||||
| Other debtors | 150,001 | 1 | ||||||
| Prepayments | 5,707 | 2,573 | ||||||
| 319,577 | 76,697 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 51,729 | 17,061 | ||||||
| VAT | 23,486 | 10,250 | ||||||
| PAYE control | 6,047 | 4,670 | ||||||
| Directors current account | 21,142 | 982 | ||||||
| Loans | 4,000 | 4,000 | ||||||
| Trade creditors | 109,586 | 15,293 | ||||||
| Other creditors | 67,830 | 2,489 | ||||||
| 283,820 | 54,745 | |||||||
| 6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Loans >1yr | 3,650 | 7,667 | ||||||
| 3,650 | 7,667 | |||||||
| 7. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||