1 March 2024 false No description of principal activity Taxfiler 2024.6 04156518 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04156518 2024-02-29 04156518 2024-03-01 2025-02-28 04156518 business:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 04156518 business:FilletedAccounts 2024-03-01 2025-02-28 04156518 2025-02-28 04156518 business:Director1 2024-03-01 2025-02-28 04156518 business:Director2 2024-03-01 2025-02-28 04156518 business:RegisteredOffice 2024-03-01 2025-02-28 04156518 2024-02-29 04156518 core:WithinOneYear 2025-02-28 04156518 core:WithinOneYear 2024-02-29 04156518 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 04156518 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 04156518 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 04156518 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 04156518 core:PreviouslyStatedAmount 2025-02-28 04156518 core:PreviouslyStatedAmount 2024-02-29 04156518 business:SmallEntities 2024-03-01 2025-02-28 04156518 countries:EnglandWales 2024-03-01 2025-02-28 04156518 core:FurnitureFittings 2024-03-01 2025-02-28 04156518 core:LandBuildings 2024-02-29 04156518 core:FurnitureFittings 2024-02-29 04156518 core:LandBuildings 2025-02-28 04156518 core:FurnitureFittings 2025-02-28 04156518 core:LandBuildings 2024-03-01 2025-02-28 04156518 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 04156518 (England and Wales)
WAYSEN (U.K) LIMITED Unaudited accounts for the year ended 28 February 2025
WAYSEN (U.K) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WAYSEN (U.K) LIMITED Company Information for the year ended 28 February 2025
Directors
Kai Shun Lau Liyan Lau
Company Number
04156518 (England and Wales)
Registered Office
Unit 1, 2 & 4 The Penarth Centre LONDON SE15 1TR
Accountants
J Wong and Co 4 Massey House 85 Hartfield Road London SW19 3ES
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WAYSEN (U.K) LIMITED Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
880,694
881,859
Current assets
Inventories
60,842
85,024
Debtors
5
1,950
10,228
Cash at bank and in hand
205,747
145,990
268,539
241,242
Creditors: amounts falling due within one year
6
(45,073)
(23,408)
Net current assets
223,466
217,834
Net assets
1,104,160
1,099,693
Capital and reserves
Called up share capital
5
5
Profit and loss account
1,104,155
1,099,688
Shareholders' funds
1,104,160
1,099,693
For the year ending 28 February 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 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 of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by
Kai Shun Lau Director Company Registration No. 04156518
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WAYSEN (U.K) LIMITED Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
WAYSEN (U.K) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04156518. The registered office is Unit 1, 2 & 4 The Penarth Centre, LONDON, SE15 1TR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
876,551
31,961
908,512
At 28 February 2025
876,551
31,961
908,512
Depreciation
At 1 March 2024
-
26,653
26,653
Charge for the year
-
1,165
1,165
At 28 February 2025
-
27,818
27,818
Net book value
At 28 February 2025
876,551
4,143
880,694
At 29 February 2024
876,551
5,308
881,859
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
358
7,079
Trade debtors
1,592
3,149
1,950
10,228
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WAYSEN (U.K) LIMITED Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
13,437
6,558
Trade creditors
5,920
(34,855)
Taxes and social security
2,539
2,627
Other creditors
4,832
4,832
Loans from directors
14,265
40,446
Accruals
4,080
3,800
45,073
23,408
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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