WYS LONDON LIMITED

Company Registration Number:
12449650 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 01 March 2024

End date: 28 February 2025

WYS LONDON LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

WYS LONDON LIMITED

Balance sheet

As at 28 February 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 15,163 1,312
Investments: 4 289,473 0
Total fixed assets: 304,636 1,312
Current assets
Stocks: 500,536 426,392
Debtors:   47,760 59,817
Cash at bank and in hand: 149,687 203,764
Total current assets: 697,983 689,973
Creditors: amounts falling due within one year:   (214,188) (450,001)
Net current assets (liabilities): 483,795 239,972
Total assets less current liabilities: 788,431 241,284
Provision for liabilities: (420) (400)
Total net assets (liabilities): 788,011 240,884
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 00
Other reserves: 501,307
Profit and loss account: 286,604 240,784
Shareholders funds: 788,011 240,884

The notes form part of these financial statements

WYS LONDON LIMITED

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 October 2025
and signed on behalf of the board by:

Name: Guiseppe Alexander De Jesus
Status: Director

The notes form part of these financial statements

WYS LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers 33% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Other accounting policies

Employee benefits The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employce or to provide termination benefits. 1.11 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed. 1.12 Foreign exchange Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

WYS LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

WYS LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible Assets

Total
Cost £
At 01 March 2024 1,312
Additions 17,179
At 28 February 2025 18,491
Depreciation
At 01 March 2024 0
Charge for year 3,328
At 28 February 2025 3,328
Net book value
At 28 February 2025 15,163
At 29 February 2024 1,312

WYS LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Fixed investments

The company holds an investment in a subsidiary undertaking, representing a capital contribution made during the year to support the subsidiary’s operations. This investment is treated as a long-term holding and is stated at cost. The amount is non-repayable and reflects the company’s continuing financial interest in the subsidiary.