Registration number: 08170661

Wicked Coatings Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Wicked Coatings Limited

Company Information

Directors

C Hinks L Meikle S E Braley A R Yelland

Registered office

44 Holton Road Holton Heath Trading Park Poole Dorset BH16 6LT

Accountants

Addicus Plus Limited Chartered Certified Accountants4 The Axium Centre Dorchester Road Lytchett Minster Poole Dorset BH16 6FE

Wicked Coatings Limited

(Registration number: 08170661)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	116,003	75,337
Current assets
Stocks	5	85,000	85,000
Debtors	6	219,470	186,611
Cash at bank and in hand		57,361	33,555
		361,831	305,166
Creditors: Amounts falling due within one year	7	(263,455)	(239,467)
Net current assets		98,376	65,699
Total assets less current liabilities		214,379	141,036
Creditors: Amounts falling due after more than one year	7	(37,084)	(7,500)
Provisions for liabilities		(27,101)	(16,813)
Net assets		150,194	116,723
Capital and reserves
Called up share capital		300	300
Retained earnings		149,894	116,423
Shareholders' funds		150,194	116,723

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Wicked Coatings Limited

(Registration number: 08170661)
Balance Sheet as at 31 August 2025

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 October 2025 and signed on its behalf by:
 

C Hinks Director

L Meikle Director

Wicked Coatings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
44 Holton Road
Holton Heath Trading Park
Poole
Dorset
BH16 6LT

These financial statements were authorised for issue by the Board on 24 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Wicked Coatings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% on reducing balance
Plant and machinery	25% on reducing balance
Office equipment	25% on reducing balance
Motor vehicles	25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Wicked Coatings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year was 21 (2024 - 19).

Wicked Coatings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 September 2024	18,050	385,958	19,888	10,000
Additions	648	65,313	7,456	5,950
At 31 August 2025	18,698	451,271	27,344	15,950
Depreciation
At 1 September 2024	16,553	318,956	16,804	6,246
Charge for the year	539	33,098	2,637	2,427
At 31 August 2025	17,092	352,054	19,441	8,673
Carrying amount
At 31 August 2025	1,606	99,217	7,903	7,277
At 31 August 2024	1,497	67,002	3,084	3,754

	Total £
Cost or valuation
At 1 September 2024	433,896
Additions	79,367
At 31 August 2025	513,263
Depreciation
At 1 September 2024	358,559
Charge for the year	38,701
At 31 August 2025	397,260
Carrying amount
At 31 August 2025	116,003
At 31 August 2024	75,337

Wicked Coatings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5

Stocks

	2025 £	2024 £
Other inventories	85,000	85,000

6

Debtors

	2025 £	2024 £
Trade debtors	186,059	159,942
Other debtors	3,667	-
Prepayments	29,744	26,669
	219,470	186,611

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	29,852	10,000
Trade creditors		66,614	78,653
Taxation and social security		78,299	39,538
Accruals and deferred income		14,289	3,471
Other creditors		74,401	107,805
		263,455	239,467

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	37,084	7,500

Wicked Coatings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	7,500
Hire purchase contracts	37,084	-
	37,084	7,500

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,500	10,000
Hire purchase contracts	22,352	-
	29,852	10,000