Company Registration No. 11888196 (England and Wales)
Wolfhound Fx Ltd
Unaudited accounts
for the year ended 31 March 2025
Wolfhound Fx Ltd
Unaudited accounts
Contents
Wolfhound Fx Ltd
Company Information
for the year ended 31 March 2025
Company Number
11888196 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
England
Wolfhound Fx Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
90,316
150,138
Creditors: amounts falling due within one year
(27,105)
(53,655)
Net current assets
88,778
107,810
Called up share capital
100
100
Profit and loss account
89,628
108,057
Shareholders' funds
89,728
108,157
For the year ending 31 March 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 28 November 2025 and were signed on its behalf by
Garvan T Smith
Director
Company Registration No. 11888196
Wolfhound Fx Ltd
Notes to the Accounts
for the year ended 31 March 2025
Wolfhound Fx Ltd is a private company, limited by shares, registered in England and Wales, registration number 11888196. The registered office is 20-22 Wenlock Road, London, N1 7GU, England .
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:
Computer equipment
25% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Expenditure on research and development is written off in the year in which it is incurred.
Wolfhound Fx Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
25,567
11,327
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
26,854
35,935
Loans from directors
-
15,531
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included in other creditors is the sum of £Nil (2024: £15,531) owed to Mr Garvan T Smith, a sole director and majority shareholder.
During the period interim dividends of £102,900 (2024: £41,160) were paid to the director.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).