IRIS Accounts Production v25.4.0.155 03976126 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03976126 2024-03-31 03976126 2025-03-31 03976126 2024-04-01 2025-03-31 03976126 2023-03-31 03976126 2023-04-01 2024-03-31 03976126 2024-03-31 03976126 ns15:EnglandWales 2024-04-01 2025-03-31 03976126 ns14:PoundSterling 2024-04-01 2025-03-31 03976126 ns10:Director1 2024-04-01 2025-03-31 03976126 ns10:Director2 2024-04-01 2025-03-31 03976126 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03976126 ns10:SmallEntities 2024-04-01 2025-03-31 03976126 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03976126 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03976126 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03976126 ns10:FullAccounts 2024-04-01 2025-03-31 03976126 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 03976126 ns10:RegisteredOffice 2024-04-01 2025-03-31 03976126 ns5:CurrentFinancialInstruments 2025-03-31 03976126 ns5:CurrentFinancialInstruments 2024-03-31 03976126 ns5:Non-currentFinancialInstruments 2025-03-31 03976126 ns5:Non-currentFinancialInstruments 2024-03-31 03976126 ns5:ShareCapital 2025-03-31 03976126 ns5:ShareCapital 2024-03-31 03976126 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03976126 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03976126 ns5:FurnitureFittings 2024-04-01 2025-03-31 03976126 ns5:ComputerEquipment 2024-04-01 2025-03-31 03976126 ns5:FurnitureFittings 2024-03-31 03976126 ns5:ComputerEquipment 2024-03-31 03976126 ns5:FurnitureFittings 2025-03-31 03976126 ns5:ComputerEquipment 2025-03-31 03976126 ns5:FurnitureFittings 2024-03-31 03976126 ns5:ComputerEquipment 2024-03-31 03976126 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03976126 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03976126 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2025-03-31 03976126 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-03-31 03976126 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 03976126 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 03976126 ns10:OrdinaryShareClass1 2025-03-31 03976126 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03976126 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 03976126 1 ns10:Director1 2024-03-31 03976126 1 ns10:Director1 2023-03-31 03976126 1 ns10:Director1 2024-04-01 2025-03-31 03976126 1 ns10:Director1 2023-04-01 2024-03-31 03976126 1 ns10:Director1 2025-03-31 03976126 1 ns10:Director1 2024-03-31

REGISTERED NUMBER: 03976126 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WISEBUY LTD

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| WISEBUY LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | M W Josephson MBE

| L Kellett

| REGISTERED OFFICE: | Unit 4 Caledonia Way

| Stretford Motorway Estate

| Stretford

| Manchester

| M32 0ZH

| REGISTERED NUMBER: | 03976126 (England and Wales)

| ACCOUNTANTS: | Michael Donnan & Co Limited

| Oaktree Court Business Ctr

| Mill Lane

| Ness

| Cheshire

| CH64 8TP

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

BALANCE SHEET

31 MARCH 2025

| 31/3/25 | 31/3/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,919 |  | 3,247 |  |

CURRENT ASSETS

Stocks | 39,772 |  | 45,137 |  |

Debtors | 5 | 34,016 |  | 37,919 |  |

Cash at bank and in hand | 18,106 |  | 36,255 |  |

91,894 |  | 119,311 |  |

CREDITORS

Amounts falling due within one year | 6 | 76,233 |  | 89,946 |  |

NET CURRENT ASSETS | 15,661 |  | 29,365 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 18,580 |  | 32,612 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 2,667 |  | 12,928 |  |

NET ASSETS | 15,913 |  | 19,684 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 9 | 15,813 |  | 19,584 |  |

SHAREHOLDERS' FUNDS | 15,913 |  | 19,684 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

BALANCE SHEET - continued

31 MARCH 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:

M W Josephson MBE - Director

L Kellett - Director

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Wisebuy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

| Transactions are rounded to the nearest £.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the value of goods dispatched during the year, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 5,200 |  | 2,106 |  | 7,306 |  |

| Additions | - |  | 957 |  | 957 |  |

| At 31 March 2025 | 5,200 |  | 3,063 |  | 8,263 |  |

| DEPRECIATION

| At 1 April 2024 | 2,701 |  | 1,358 |  | 4,059 |  |

| Charge for year | 625 |  | 660 |  | 1,285 |  |

| At 31 March 2025 | 3,326 |  | 2,018 |  | 5,344 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,874 |  | 1,045 |  | 2,919 |  |

| At 31 March 2024 | 2,499 |  | 748 |  | 3,247 |  |

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Trade debtors | 2,227 |  | 6,595 |  |

| Other debtors | 31,624 |  | 10,792 |  |

| Directors' loan accounts | - |  | 20,382 |  |

| Prepayments and accrued income | 165 |  | 150 |  |

34,016 |  | 37,919 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Bank loans and overdrafts | 10,667 |  | 10,343 |  |

| Trade creditors | 13,277 |  | 17,507 |  |

| Corporation tax | 15,681 |  | 17,527 |  |

| VAT | 3,297 |  | 6,953 |  |

| Directors' loan accounts | 29,431 |  | 34,756 |  |

| Accrued expenses | 3,880 |  | 2,860 |  |

76,233 |  | 89,946 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Bank loans - 1-2 years | 2,667 |  | 10,342 |  |

| Bank loans - 2-5 years | - |  | 2,586 |  |

2,667 |  | 12,928 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/3/25 |  | 31/3/24

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

| WISEBUY LTD (REGISTERED NUMBER: 03976126) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2024 | 19,584 |  |

| Profit for the year | 42,729 |  |

| Dividends | (46,500 | ) |

| At 31 March 2025 | 15,813 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

| 31/3/25 |  | 31/3/24

£ | £ |

| M W Josephson MBE

| Balance outstanding at start of year | 20,382 |  | 20,382 |  |

| Amounts repaid | (20,382 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 20,382 |  |

| The above advance was interest free, had no fixed repayment date and was unsecured.

11. | RELATED PARTY DISCLOSURES

| STOCKS 2015 LTD

| A company which has common directors and shareholders.

| At the year end 31 March 2024, Stocks 2015 Ltd owed the company £4,168 which is in other debtors. During the year ended 31 March 2025, the brought forward loan was repaid. Another loan of £50,000 was made to Stocks 2015 Ltd of which £25,000 was repaid. This resulted in a debtor of £25,000 owed from Stocks 2015 Ltd at 31 March 2025 which is held in other debtors.

| The loan is interest free, unsecured and repayable on demand.