WOW AV Installations Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08357957

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,847		28,882

			13,847		28,882
CURRENT ASSETS
Stocks	5	2,250		4,500
Debtors	6	158,317		135,608
Cash at bank and in hand		9,838		40,935

		170,405		181,043
Creditors: Amounts Falling Due Within One Year	7	(100,479 )		(89,872 )

NET CURRENT ASSETS (LIABILITIES)			69,926		91,171

TOTAL ASSETS LESS CURRENT LIABILITIES			83,773		120,053

Creditors: Amounts Falling Due After More Than One Year	8		(83,732 )		(119,711 )

NET ASSETS			41		342

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			40		341

SHAREHOLDERS' FUNDS			41		342

Page 1

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WOW AV Installations Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Angus Begg

Director

30th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

WOW AV Installations Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08357957 . The registered office is Flat 10, Mermaid House, Hatch Warren Farm, Basingstoke, Hampshire, RG22 4SG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line
Motor Vehicles	25% Straight Line
Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 5)

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WOW AV Installations Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	111,919	(1 )	111,918

As at 31 December 2024	111,919	(1 )	111,918

Depreciation
As at 1 January 2024	83,037	(1 )	83,036
Provided during the period	15,035	-	15,035

As at 31 December 2024	98,072	(1 )	98,071

Net Book Value
As at 31 December 2024	13,847	-	13,847

As at 1 January 2024	28,882	-	28,882

5. Stocks

	2024	2023
	£	£
Stock	2,250	4,500

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	104,236	64,092
Prepayments and accrued income	2,160	3,619
Other debtors	34,185	20,142
Director's loan account	17,736	47,755

	158,317	135,608

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,233	5,463
Corporation tax	42,588	51,555
Other taxes and social security	5,927	891
VAT	24,063	15,662
Credit Card	25,433	15,127
Pension Liability	735	674
Accruals and deferred income	500	500

	100,479	89,872

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WOW AV Installations Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	27,132	35,711
Bank loans	56,600	84,000

	83,732	119,711

9. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	27,132	35,711

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Angus Begg	47,755	-	-	-	17,736

The above loan is unsecured, interest free and repayable on demand.

12. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	67,100	73,220