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REGISTERED NUMBER: 09468329 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2025

for

THE WAXOLOGIST LTD

THE WAXOLOGIST LTD (REGISTERED NUMBER: 09468329)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE WAXOLOGIST LTD

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







Director: L Doherty





Registered office: 5 Massie Street
Cheadle
SK8 1BW





Registered number: 09468329 (England and Wales)





Accountants: Cowgills Limited
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

THE WAXOLOGIST LTD (REGISTERED NUMBER: 09468329)

Balance Sheet
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 112,273 127,228

CURRENT ASSETS
Debtors 5 52,704 35,500
Cash at bank 61,181 43,573
113,885 79,073
CREDITORS
Amounts falling due within one year 6 84,538 77,609
NET CURRENT ASSETS 29,347 1,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,620

128,692

CREDITORS
Amounts falling due after more than one
year

7

(25,460

)

(41,553

)

PROVISIONS FOR LIABILITIES 9 (21,332 ) (29,788 )
NET ASSETS 94,828 57,351

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 94,728 57,251
SHAREHOLDERS' FUNDS 94,828 57,351

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 director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2025 and were signed by:





L Doherty - Director


THE WAXOLOGIST LTD (REGISTERED NUMBER: 09468329)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

The Waxologist 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost and 2% on cost
Computer equipment - 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 9 ) .

THE WAXOLOGIST LTD (REGISTERED NUMBER: 09468329)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 113,607 87,691 7,705 209,003
Additions 7,689 1,368 3,405 12,462
At 31 March 2025 121,296 89,059 11,110 221,465
DEPRECIATION
At 1 April 2024 63,623 14,383 3,769 81,775
Charge for year 22,784 3,313 1,320 27,417
At 31 March 2025 86,407 17,696 5,089 109,192
NET BOOK VALUE
At 31 March 2025 34,889 71,363 6,021 112,273
At 31 March 2024 49,984 73,308 3,936 127,228

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 52,704 35,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 4,167 4,260
Hire purchase contracts 12,699 12,699
Trade creditors 576 1,369
Amounts owed to group undertakings 43,002 40,463
Taxation and social security 23,523 18,818
Other creditors 571 -
84,538 77,609

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 14,877 18,271
Hire purchase contracts 10,583 23,282
25,460 41,553

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 23,282 35,981

Hire purchase contracts are secured against the asset to which they relate.

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 21,332 29,788

THE WAXOLOGIST LTD (REGISTERED NUMBER: 09468329)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 29,788
Provided during year (8,456 )
Balance at 31 March 2025 21,332

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary 1 100 100

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
L Doherty
Balance outstanding at start of year - -
Amounts advanced 65,362 -
Amounts repaid (48,158 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,204 -

The overdrawn balance has been repaid within 9 months of the year end.