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REGISTERED NUMBER: 10999522 (England and Wales)


















Wizard Acquisitions Ltd

Unaudited Financial Statements for the Year Ended 31st March 2025






Wizard Acquisitions Ltd (Registered number: 10999522)






Contents of the Financial Statements
for the year ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wizard Acquisitions Ltd

Company Information
for the year ended 31st March 2025







DIRECTOR: L K Brindley





REGISTERED OFFICE: 2 Savery Street
Hull
East Yorkshire
HU9 3BG





REGISTERED NUMBER: 10999522 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Wizard Acquisitions Ltd (Registered number: 10999522)

Balance Sheet
31st March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 250,000 326,500

CURRENT ASSETS
Stocks - 90,000
Debtors 5 30,575 -
Cash at bank 55,779 5,559
86,354 95,559
CREDITORS
Amounts falling due within one year 6 63,924 72,648
NET CURRENT ASSETS 22,430 22,911
TOTAL ASSETS LESS CURRENT
LIABILITIES

272,430

349,411

CREDITORS
Amounts falling due after more than one
year

7

(159,000

)

(223,120

)

PROVISIONS FOR LIABILITIES (17,775 ) (24,786 )
NET ASSETS 95,655 101,505

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 95,654 101,504
SHAREHOLDERS' FUNDS 95,655 101,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Wizard Acquisitions Ltd (Registered number: 10999522)

Balance Sheet - continued
31st March 2025


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 director and authorised for issue on 18th August 2025 and were signed by:





L K Brindley - Director


Wizard Acquisitions Ltd (Registered number: 10999522)

Notes to the Financial Statements
for the year ended 31st March 2025

1. STATUTORY INFORMATION

Wizard Acquisitions 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receiveable during the year.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

Wizard Acquisitions Ltd (Registered number: 10999522)

Notes to the Financial Statements - continued
for the year ended 31st March 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2024 326,500
Disposals (76,500 )
At 31st March 2025 250,000
NET BOOK VALUE
At 31st March 2025 250,000
At 31st March 2024 326,500

Fair value at 31st March 2025 is represented by:
£   
Valuation in 2025 250,000

The investment property was valued by the directors to open market valued at 31st March 2025.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 30,575 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 5,086 6,639
Other creditors 58,838 66,009
63,924 72,648

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 159,000 223,120

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 159,000 223,120

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

Wizard Acquisitions Ltd (Registered number: 10999522)

Notes to the Financial Statements - continued
for the year ended 31st March 2025

9. ULTIMATE CONTROLLING PARTY

The controlling party is L K Brindley.