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REGISTERED NUMBER: 07363602 (England and Wales)














Financial Statements

for the Year Ended 30th September 2024

for

WISDOM 11 LIMITED

WISDOM 11 LIMITED (REGISTERED NUMBER: 07363602)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WISDOM 11 LIMITED

Company Information
for the Year Ended 30th September 2024







DIRECTORS: J Stokes
Mrs L Stokes





REGISTERED OFFICE: 15 Grove Place
Bedford
MK40 3JJ





REGISTERED NUMBER: 07363602 (England and Wales)






WISDOM 11 LIMITED (REGISTERED NUMBER: 07363602)

Balance Sheet
30th September 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 - 376
Cash at bank 83,743 2,018
83,743 2,394
CREDITORS
Amounts falling due within one year 5 149,563 99,212
NET CURRENT LIABILITIES (65,820 ) (96,818 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(65,820

)

(96,818

)

CREDITORS
Amounts falling due after more than
one year

6

87,310

78,810
NET LIABILITIES (153,130 ) (175,628 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (154,130 ) (176,628 )
SHAREHOLDERS' FUNDS (153,130 ) (175,628 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 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.

WISDOM 11 LIMITED (REGISTERED NUMBER: 07363602)

Balance Sheet - continued
30th September 2024


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 17th June 2025 and were signed on its behalf by:




J Stokes - Director



Mrs L Stokes - Director


WISDOM 11 LIMITED (REGISTERED NUMBER: 07363602)

Notes to the Financial Statements
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

Wisdom 11 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
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.

These financial statements are prepared on the going concern basis as it is the intention of the directors to continue supporting the company for the foreseeable future.

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

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
VAT - 376

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Loan - Jenkota Ltd 132,500 96,500
VAT 14,351 -
Directors' loan accounts 2,212 2,212
Accrued expenses 500 500
149,563 99,212

WISDOM 11 LIMITED (REGISTERED NUMBER: 07363602)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Directors' loan accounts 87,310 78,810

7. ULTIMATE CONTROLLING PARTY

The controlling party is the directors Mr & Mrs Stokes..