Company Registration No. 12768191 (England and Wales)
WONDA AFRICAN FOOD STORE LIMITED
Unaudited accounts
for the year ended 31 July 2025
WONDA AFRICAN FOOD STORE LIMITED
Unaudited accounts
Contents
WONDA AFRICAN FOOD STORE LIMITED
Company Information
for the year ended 31 July 2025
Director
Mr King Ishola Ajose
Company Number
12768191 (England and Wales)
Registered Office
27 FRANKFORT GATE
PLYMOUTH
DEVON
PL1 1QA
UNITED KINGDOM
Accountants
Warrenwood Insystems Ltd
Suite 8, Claremont Business Centre
6 Claremont Road
Surbiton
Surrey
KT6 4QU
WONDA AFRICAN FOOD STORE LIMITED
Statement of financial position
as at 31 July 2025
Tangible assets
18,077
30,604
Cash at bank and in hand
151,562
84,044
Creditors: amounts falling due within one year
(172,812)
(88,936)
Net current assets
123,083
84,163
Total assets less current liabilities
141,160
114,767
Provisions for liabilities
Net assets
137,459
114,767
Called up share capital
1
1
Profit and loss account
137,458
114,766
Shareholders' funds
137,459
114,767
For the year ending 31 July 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2025 and were signed on its behalf by
Mr King Ishola Ajose
Director
Company Registration No. 12768191
WONDA AFRICAN FOOD STORE LIMITED
Notes to the Accounts
for the year ended 31 July 2025
WONDA AFRICAN FOOD STORE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12768191. The registered office is 27 FRANKFORT GATE, PLYMOUTH, DEVON, PL1 1QA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2024
51,866
13,500
65,366
At 31 July 2025
51,866
13,500
65,366
At 1 August 2024
24,637
10,125
34,762
Charge for the year
9,152
3,375
12,527
At 31 July 2025
33,789
13,500
47,289
At 31 July 2025
18,077
-
18,077
At 31 July 2024
27,229
3,375
30,604
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Land and buildings
-
3,375
A foreign subsisdery has been formed on which company has 100 percent ordinary share capital.
WONDA AFRICAN FOOD STORE LIMITED
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
50,189
46,689
Accrued income and prepayments
3,686
2,918
Other debtors
18,858
3,950
Amounts falling due after more than one year
Amounts due from group undertakings etc.
35,200
-
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
5,343
-
Taxes and social security
52,834
18,197
Proposed dividends
15,000
-
Other creditors
43,070
32,519
Loans from directors
53,815
34,192
8
Deferred taxation
2025
2024
Accelerated capital allowances
3,701
-
Charged to the profit and loss account
3,701
-
Provision at end of year
3,701
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Operating lease commitments
2025
2024
At 31 July 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
22,350
21,200
WONDA AFRICAN FOOD STORE LIMITED
Notes to the Accounts
for the year ended 31 July 2025
11
Transactions with related parties
The company was under the control of Mr. King Ishola Ajose, throughout the current and previous year. Mr King Ishola Ajose is the director and majority shareholder.
During the year the director’s current account was not overdrawn.
Include in creditors an aggregate amount of £53,815 comprise of loan from the director, which is not interest bearing. (2024 £34,192).
12
Average number of employees
During the year the average number of employees was 20 (2024: 20).