Company registration number: 05234534
Unaudited financial statements
for the year ended 30 September 2024
for
Wizard Cleaning Ltd
Pages for filing with the Registrar
Company registration number: 05234534
Wizard Cleaning Ltd
Balance sheet
as at 30 September 2024
30 Sep 24 30 Sep 23
Note £ £ £ £
Fixed assets
Tangible assets 4 48,103 60,129
48,103 60,129
Current assets
Stocks 161 205
Debtors 6,189 10,000
Cash at bank and in hand 211,391 204,395
217,741 214,600
Creditors: amounts falling due within one
year
(44,551) (37,643)
Net current assets 173,190 176,957
Total assets less current liabilities 221,293 237,086
NET ASSETS 221,293 237,086
Capital and reserves
Called up share capital 2 2
Profit and loss account 221,291 237,084
TOTAL EQUITY 221,293 237,086
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05234534
Wizard Cleaning Ltd
Balance sheet - continued
as at 30 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 25 June 2025 and signed on its behalf by:
Mr J Bell, Director
25 June 2025
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Wizard Cleaning Ltd
Notes to the financial statements
for the year ended 30 September 2024
1 Company information
Wizard Cleaning Ltd is a private company registered in England and Wales. Its registered number is 05234534. The company is limited by shares. Its registered office is 4 Spur Road, Cosham, PORTSMOUTH, Hampshire, PO6 3EB.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Wizard Cleaning Ltd
Notes to the financial statements - continued
for the year ended 30 September 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2023 188,052
At 30 September 2024 188,052
Depreciation
At 1 October 2023 127,923
Charge for year 12,026
At 30 September 2024 139,949
Net book value
At 30 September 2024 48,103
At 30 September 2023 60,129
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Wizard Cleaning Ltd
Notes to the financial statements - continued
for the year ended 30 September 2024
4 Tangible fixed assets - continued
If Plant and machinery etc had not been revalued, Plant and machinery etc would have been included at the following historical cost:
30 Sep 24 30 Sep 23
£ £
Cost 188,052 188,052
Accumulated depreciation 127,923 112,891
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