Company Registration No. 02658648 (England and Wales)
Wipe Out Limited
Unaudited accounts
for the year ended 31 March 2025
Wipe Out Limited
Unaudited accounts
Contents
Wipe Out Limited
Company Information
for the year ended 31 March 2025
Directors
Clare Render
Andrew Render
Company Number
02658648 (England and Wales)
Registered Office
12 CHURCH ROAD
BYFLEET
WEST BYFLEET
KT14 7EH
ENGLAND
Accountants
Golding & Co Accounting Services Limited
29 Blackwood Close
West Byfleet
Surrey
KT14 6PP
Wipe Out Limited
Statement of financial position
as at 31 March 2025
Tangible assets
48,306
94,699
Cash at bank and in hand
5,572
15
Creditors: amounts falling due within one year
(33,314)
(77,916)
Net current assets/(liabilities)
31,280
(20,898)
Total assets less current liabilities
79,586
73,801
Creditors: amounts falling due after more than one year
(659)
(4,615)
Called up share capital
2
2
Profit and loss account
78,925
69,184
Shareholders' funds
78,927
69,186
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2025 and were signed on its behalf by
Clare Render
Director
Company Registration No. 02658648
Wipe Out Limited
Notes to the Accounts
for the year ended 31 March 2025
Wipe Out Limited is a private company, limited by shares, registered in England and Wales, registration number 02658648. The registered office is 12 CHURCH ROAD, BYFLEET, WEST BYFLEET, KT14 7EH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at rates required to write off the assets over their estimated useful lives.
Intangible fixed assets including Goodwill
Goodwill being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years
Intangible fixed assets (including purchased goodwill and patents) are included at cost.After initial recognition, intabgible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.
Inventories have been valued at the lower of cost and net realisable value, after makeing due allowance for obsolete and slow moving stock.
Hire Purchase and leasing commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Wipe Out Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
105,957
61,023
11,281
3,340
181,601
Additions
-
-
-
1,137
1,137
Disposals
-
(45,773)
-
-
(45,773)
At 31 March 2025
105,957
15,250
11,281
4,477
136,965
At 1 April 2024
57,085
18,584
8,706
2,527
86,902
Charge for the year
7,331
6,633
413
369
14,746
On disposals
-
(12,989)
-
-
(12,989)
At 31 March 2025
64,416
12,228
9,119
2,896
88,659
At 31 March 2025
41,541
3,022
2,162
1,581
48,306
At 31 March 2024
48,872
42,439
2,575
813
94,699
Amounts falling due within one year
Trade debtors
55,120
54,179
Accrued income and prepayments
2,952
1,874
Wipe Out Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,956
6,144
Taxes and social security
10,038
11,018
Loans from directors
10,934
54,928
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 4 (2024: 3).