WIZITO LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13649352

WIZITO LIMITED

Filleted Unaudited Financial Statements

30 June 2025

WIZITO LIMITED

Statement of Financial Position

30 June 2025

	30 Jun 25	31 Dec 23
Note	£	£

Current assets

Debtors	5	100	5,986
Cash at bank and in hand		–	1,460
		----	-------
		100	7,446

Creditors: amounts falling due within one year	6	( 423)	88,872
		----	--------
Net current assets/(liabilities)		523	( 81,426)
		----	--------
Total assets less current liabilities		523	( 81,426)
		----	--------
Net assets/(liabilities)		523	( 81,426)
		----	--------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		423	( 81,526)
		----	--------
Shareholders funds/(deficit)		523	( 81,426)
		----	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

MR L. CALIANDRO
Director

Company registration number: 13649352

WIZITO LIMITED

Notes to the Financial Statements

Period from 1 January 2024 to 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Wilberforce House, Station Road, London, NW4 4QE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 (2023: 2 ).

5. Debtors

	30 Jun 25	31 Dec 23
	£	£
Trade debtors	–	1,730
Amounts owed by group undertakings and undertakings in which the company has a participating interest	100	–
Other debtors	–	4,256
	----	-------
	100	5,986
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6. Creditors: amounts falling due within one year

	30 Jun 25	31 Dec 23
	£	£
Bank loans and overdrafts	316	–
Trade creditors	( 1,174)	12,313
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	71,666
Social security and other taxes	435	3,093
Other creditors	–	1,800
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	( 423)	88,872
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7. Financial instruments

Where reduced disclosures are applied, disclosures from the Companies Act 2006 still need to be made regarding the fair value of the instruments in each category and the changes in value recognised in profit and loss. Disclosures of the significant assumptions underlying the valuation models and techniques used, and extent and nature of derivative instruments are also required.

8. Called up share capital

Issued, called up and fully paid

	30 Jun 25		31 Dec 23
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
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