WIREBOX LTD


Directors	Andrew Ajoodha
	Rohini Ajoodha


Registered Address	Unit 1 Copsewood Lodge
	1a Copsewood Road
	Watford
	WD24 5DY


Registered Number	07887947 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	4		102,574		90,882
			102,574		90,882
Current assets
Debtors		340,235		340,833
Cash at bank and on hand		227,532		277,069
		567,767		617,902
Creditors amounts falling due within one year	5	(162,397)		(166,472)
Net current assets (liabilities)			405,370		451,430
Total assets less current liabilities			507,944		542,312
Creditors amounts falling due after one year	6		(169,850)		(104,286)
Net assets			338,094		438,026
Capital and reserves
Called up share capital			100		100
Profit and loss account			337,994		437,926
Shareholders' funds			338,094		438,026

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 September 2025, and are signed on its behalf by:

Andrew Ajoodha
Director
Registered Company No. 07887947

WIREBOX LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Intangible assets
	Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. From 1 January 2022, the company has changed its depreciation policy for office equipment and computers from reducing balance of 20% to straight line of 3 years due to rapid change in technology and equipment becoming obsolete. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2024		2023
	Average number of employees during the year	15		15

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 24	25,000	25,000
At 31 December 24	25,000	25,000
Amortisation and impairment
At 01 January 24	25,000	25,000
At 31 December 24	25,000	25,000
Net book value
At 31 December 24	-	-
At 31 December 23	-	-

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
At 01 January 24	21,610	94,543	116,153
Additions	542	34,166	34,708
At 31 December 24	22,152	128,709	150,861
Depreciation and impairment
At 01 January 24	7,347	17,924	25,271
Charge for year	4,845	18,171	23,016
At 31 December 24	12,192	36,095	48,287
Net book value
At 31 December 24	9,960	92,614	102,574
At 31 December 23	14,263	76,619	90,882

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	15,926	61,307
Bank borrowings and overdrafts	71,725	31,702
Taxation and social security	63,132	72,177
Other creditors	10,338	11
Accrued liabilities and deferred income	1,276	1,275
Total	162,397	166,472


	The other creditors include an amount of £10,325 (2023: £10) payable to the Director, Mr, A Ajoodha. It is a non-interest bearing loan and payable on demand.

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	169,850	104,286
Total	169,850	104,286