REGISTERED NUMBER: 08936736 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Wisetime Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Nicholas Wiseman

REGISTERED OFFICE:

Unit 5

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

REGISTERED NUMBER:

08936736 (England and Wales)

ACCOUNTANTS:

LJS Accounting Services (UK) Ltd

Unit 5, 1st Floor

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

FIXED ASSETS

Tangible assets

4

59

74

CURRENT ASSETS

Debtors

5

3,800

3,800

Cash at bank

13,747

14,769

17,547

18,569

CREDITORS

Amounts falling due within one year

6

5,887

7,822

NET CURRENT ASSETS

11,660

10,747

TOTAL ASSETS LESS CURRENT LIABILITIES

11,719

10,821

PROVISIONS FOR LIABILITIES

7

11

14

NET ASSETS

11,708

10,807

CAPITAL AND RESERVES

Called up share capital

8

101

101

Retained earnings

9

11,607

10,706

SHAREHOLDERS' FUNDS

11,708

10,807

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 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.

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 23 September 2025 and were signed by:

Mr Nicholas Wiseman - Director

1.	STATUTORY INFORMATION

Wisetime 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.

Computer equipment

-

20% on reducing balance

Taxation

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

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

476

DEPRECIATION

At 1 April 2024

402

Charge for year

15

At 31 March 2025

417

NET BOOK VALUE

At 31 March 2025

59

At 31 March 2024

74

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,800

3,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

4,354

5,228

Social security and other taxes

335

478

Directors' current accounts

76

80

Accrued expenses

1,122

2,036

5,887

7,822

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

11

14

Deferred

tax

£

Balance at 1 April 2024

14

Provided during year

(3

)

Balance at 31 March 2025

11

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

101

Ordinary

£1

101

101

9.

RESERVES

Retained

earnings

£

At 1 April 2024

10,706

Profit for the year

18,601

Dividends

(17,700

)

At 31 March 2025

11,607