REGISTERED NUMBER: 11221207 (England and Wales)

Wise Humanity Limited

Unaudited Financial Statements

for the Year Ended 31 January 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

D Pagnotta

REGISTERED OFFICE:

8a Wingbury Courtyard

Business Village

Leighton Road

Wingrave

Buckinghamshire

HP22 4LW

REGISTERED NUMBER:

11221207 (England and Wales)

ACCOUNTANTS:

Clarkson Cleaver & Bowes Ltd

8a Wingbury Courtyard

Business Village

Wingrave

Buckinghamshire

HP22 4LW

FIXED ASSETS

Intangible assets

4

36,994

-

Tangible assets

5

1,077

554

Investments

6

12

-

38,083

554

CURRENT ASSETS

Debtors

7

16,487

14,834

Cash at bank

48,795

347

65,282

15,181

CREDITORS

Amounts falling due within one year

8

29,792

33,959

NET CURRENT ASSETS/(LIABILITIES)

35,490

(18,778

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,573

(18,224

)

CREDITORS

Amounts falling due after more than one year

9

1,658

5,638

NET ASSETS/(LIABILITIES)

71,915

(23,862

)

CAPITAL AND RESERVES

Called up share capital

10

148

100

Share premium

234,982

-

Retained earnings

(163,215

)

(23,962

)

SHAREHOLDERS' FUNDS

71,915

(23,862

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 10 September 2025 and were signed by:

D Pagnotta - Director

1.	STATUTORY INFORMATION

Wise Humanity Limited 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 represents net invoiced sales of services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% reducing balance

Computer equipment

-

33.33% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

55,488

At 31 January 2025

55,488

AMORTISATION

Charge for year

18,494

At 31 January 2025

18,494

NET BOOK VALUE

At 31 January 2025

36,994

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2024

173

1,034

1,207

Additions

-

1,179

1,179

At 31 January 2025

173

2,213

2,386

DEPRECIATION

At 1 February 2024

118

535

653

Charge for year

14

642

656

At 31 January 2025

132

1,177

1,309

NET BOOK VALUE

At 31 January 2025

41

1,036

1,077

At 31 January 2024

55

499

554

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

12

At 31 January 2025

12

NET BOOK VALUE

At 31 January 2025

12

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

12,962

Other debtors

16,487

1,872

16,487

14,834

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,980

3,980

Trade creditors

10,351

16,450

Taxation and social security

104

-

Other creditors

15,357

13,529

29,792

33,959

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,658

5,638

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid

Number

Class

Nominal Value

2025

2024

£

£

100

Ordinary

£1

0

100

1,268,889

Ordinary 0.01p

0.01p

127

0

14,666

Ordinary 0.01p Non Voting

0.01p

1

0

198,002

Deferred

0.01p

20

0

148

100

During the year 100 Ordinary £1 shares were reclassified as 1,000,000 Ordinary Shares of 0.01p each.

An additional 333,335 Ordinary 0.01p Shares were issued at par for £33. 148,222 Ordinary 0.01p Shares were issued for £235,000, a share premium of £234,982.

198,002 Ordinary 0.01p Shares were reclassified as deferred shares and 14,666 Ordinary 0.01p Shares were reclassified as Ordinary 0.01p Non Voting Shares.

11.	GOING CONCERN

During the year the company successfully raised funds through a share issue for the purpose of investing in the development of its core product. At the time the accounts are being approved the director is confident it is appropriate to prepare the accounts on a going concern basis.

12.	SUBSIDIARIES

Details of the company's subsidiaries at 31 January 2025 are as follows:

Name of undertaking

Registered office

Nature of business

Class of shares held

% Held Direct

Wise Humanity Inc

US

Software Application

Common Stock

100.00