Wight Hat Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—5

Report to the directors on the preparation of the unaudited statutory accounts of Wight Hat Limited For The Year Ended 30 April 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Wight Hat Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Wight Hat Limited , as a body, in accordance with the terms of our engagement letter dated 12 September 2013. Our work has been undertaken solely to prepare for your approval the accounts of Wight Hat Limited and state those matters that we have agreed to state to the directors of Wight Hat Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wight Hat Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Wight Hat Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Wight Hat Limited . You consider that Wight Hat Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Wight Hat Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

16th September 2025

Apple Accountancy Limited

Chartered Certified Accountants

5 Holyrood Street

Newport

Isle of Wight

PO30 5AU

Page 1

Page 2

Wight Hat Limited

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 06216288

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets			732,333		732,333
Tangible Assets	4		343		3,588

			732,676		735,921
CURRENT ASSETS
Debtors		45,162		56,473
Cash at bank and in hand		18,841		16,861

		64,003		73,334
Creditors: Amounts Falling Due Within One Year		(51,071 )		(69,041 )

NET CURRENT ASSETS (LIABILITIES)			12,932		4,293

TOTAL ASSETS LESS CURRENT LIABILITIES			745,608		740,214

Creditors: Amounts Falling Due After More Than One Year			(72,234 )		(68,438 )

NET ASSETS			673,374		671,776

CAPITAL AND RESERVES
Called up share capital	5		106		106
Revaluation reserve			691,200		691,200
Profit and Loss Account			(17,932 )		(19,530 )

SHAREHOLDERS' FUNDS			673,374		671,776

Page 2

Page 3

Wight Hat Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 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.

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 Michael Atkinson Director	Mr Adam Provis Director
3rd October 2025

The notes on pages 4 to 5 form part of these financial statements.

Page 3

Page 4

Wight Hat Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Wight Hat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06216288 . The registered office is 5 Holyrood Street, Newport, Isle of Wight, PO30 5AU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are reviewed anually for impairment to ensure the value recorded on the balance sheet is fair.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Fixtures & Fittings	33% Straight line
Computer Equipment	33% Straight line

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

Page 4

Page 5

Wight Hat Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 May 2024	51,111	45,489	96,600
Additions	-	160	160

As at 30 April 2025	51,111	45,649	96,760

Depreciation
As at 1 May 2024	49,219	43,793	93,012
Provided during the period	1,837	1,568	3,405

As at 30 April 2025	51,056	45,361	96,417

Net Book Value
As at 30 April 2025	55	288	343

As at 1 May 2024	1,892	1,696	3,588

5. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 100.000 each	100	100
200 Ordinary A shares of £ 0.010 each	2	2
100 Ordinary B shares of £ 0.010 each	1	1
100 Ordinary C shares of £ 0.010 each	1	1
100 Ordinary D shares of £ 0.010 each	1	1
100 Ordinary F shares of £ 0.010 each	1	1

	106	106

Page 5