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REGISTERED NUMBER: 08863233 (England and Wales)














Financial Statements

for the Year Ended

31 December 2024

for

Wombats London Ltd.

Wombats London Ltd. (Registered number: 08863233)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Wombats London Ltd.

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A Dimitriewicz
M Praschinger





REGISTERED OFFICE: 7 Dock Street
London
United Kingdom
E1 8LL





REGISTERED NUMBER: 08863233 (England and Wales)





AUDITORS: M.B.McGrady & Co
Chartered Accountants
Statutory Auditors
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH

Wombats London Ltd. (Registered number: 08863233)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,099,559 1,163,683

CURRENT ASSETS
Stocks 22,057 16,406
Debtors 5 248,491 331,556
Cash at bank and in hand 360,701 339,116
631,249 687,078
CREDITORS
Amounts falling due within one year 6 1,297,078 2,141,259
NET CURRENT LIABILITIES (665,829 ) (1,454,181 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

433,730

(290,498

)

CREDITORS
Amounts falling due after more than one
year

7

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES 10 (350,000 ) (350,000 )
NET ASSETS/(LIABILITIES) 79,563 (654,665 )

CAPITAL AND RESERVES
Called up share capital 11 8 8
Retained earnings 12 79,555 (654,673 )
SHAREHOLDERS' FUNDS 79,563 (654,665 )

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 6 June 2025 and were signed on its behalf by:





A Dimitriewicz - Director


Wombats London Ltd. (Registered number: 08863233)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Wombats London 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 5% on cost
Plant and machinery etc - 33% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2023 - 49 ) .

Wombats London Ltd. (Registered number: 08863233)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 955,676 920,568 1,876,244
Additions 27,750 99,851 127,601
Disposals - (17,403 ) (17,403 )
At 31 December 2024 983,426 1,003,016 1,986,442
DEPRECIATION
At 1 January 2024 378,624 333,937 712,561
Charge for year 38,434 153,291 191,725
Eliminated on disposal - (17,403 ) (17,403 )
At 31 December 2024 417,058 469,825 886,883
NET BOOK VALUE
At 31 December 2024 566,368 533,191 1,099,559
At 31 December 2023 577,052 586,631 1,163,683

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 26,454 38,506
Other debtors 222,037 293,050
248,491 331,556

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,000
Trade creditors 62,343 64,407
Amounts owed to group undertakings 528,642 1,567,061
Taxation and social security 298,426 205,641
Other creditors 397,667 294,150
1,297,078 2,141,259

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans (see note 8) 4,167 14,167

Wombats London Ltd. (Registered number: 08863233)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. LOANS

Loans relate to a loan issued under the HM Government Bounce Back Loan Scheme. The loan is unsecured, accrues interest at 2.5% per annum and is repayable in 60 monthly instalments starting in June 2022 with the final instalment due in May 2026.

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31/12/24 31/12/23
£    £   
Within one year 1,936,838 1,898,027
Between one and five years 9,201,170 7,982,886
In more than five years 21,066,075 24,221,197
32,204,083 34,102,110

10. PROVISIONS FOR LIABILITIES

The provision represents the directors' assessment of the value of dilapidations work which the company is legally required to perform under the rental agreement for its premises. The expected cost is charged to the profit and loss account on a straight line basis over the life of the lease.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/24 31/12/23
value: £    £   
1 Ordinary €10 8 8

12. RESERVES
Retained
earnings
£   

At 1 January 2024 (654,673 )
Profit for the year 734,228
At 31 December 2024 79,555

13. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Conaill McGrady (Senior Statutory Auditor)
for and on behalf of M.B. McGrady & Co

14. ULTIMATE CONTROLLING PARTY

The parent undertaking of the group, of which the company is a member, is Wombats Holding GmbH, a company incorporated in Austria.