Company Registration No. 07936481 (England and Wales)
Eight Wire Limited
Unaudited accounts
for the year ended 31 March 2025
Eight Wire Limited
Unaudited accounts
Contents
Eight Wire Limited
Company Information
for the year ended 31 March 2025
Directors
Sara Victoria Pugh
James Stuart Martin Smith
Company Number
07936481 (England and Wales)
Registered Office
Eight Wire Ltd
Dove House
Tregoniggie Industrial Estate
Falmouth
Cornwall
TR11 4SN
England
Accountants
Michael Biglin
Biglin Lowe Accountants Ltd
Bosnoweth
Budock Water
Cornwall
TR11 5PE
Eight Wire Limited
Statement of financial position
as at 31 March 2025
Tangible assets
124,027
129,333
Investment property
146,238
146,238
Cash at bank and in hand
5,694
2,555
Creditors: amounts falling due within one year
(73,747)
(40,546)
Net current liabilities
(42,262)
(14,613)
Total assets less current liabilities
228,003
260,958
Creditors: amounts falling due after more than one year
(71,870)
(88,943)
Provisions for liabilities
Deferred tax
(4,734)
(5,765)
Net assets
151,399
166,250
Called up share capital
10
10
Profit and loss account
151,389
166,240
Shareholders' funds
151,399
166,250
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 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 December 2025 and were signed on its behalf by
Sara Victoria Pugh
Director
Company Registration No. 07936481
Eight Wire Limited
Notes to the Accounts
for the year ended 31 March 2025
Eight Wire Limited is a private company, limited by shares, registered in England and Wales, registration number 07936481. The registered office is Eight Wire Ltd, Dove House, Tregoniggie Industrial Estate, Falmouth, Cornwall, TR11 4SN, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. With the exception of the Land, depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Motor vehicles
25 yrs on cost
Fixtures & fittings
20% on cost
Computer equipment
33% on cost
4
Intangible fixed assets
Other
Eight Wire Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
106,287
25,116
13,380
13,309
158,092
At 31 March 2025
106,287
25,116
13,380
13,433
158,216
At 1 April 2024
4,814
3,267
7,535
13,143
28,759
Charge for the year
1,376
1,005
2,840
209
5,430
At 31 March 2025
6,190
4,272
10,375
13,352
34,189
At 31 March 2025
100,097
20,844
3,005
81
124,027
At 31 March 2024
101,473
21,849
5,845
166
129,333
Fair value at 1 April 2024
146,238
Amounts falling due within one year
Trade debtors
25,791
23,378
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
16,348
15,279
Taxes and social security
6,783
10,364
Loans from directors
30,714
(5,148)
Deferred income
1,515
1,798
9
Creditors: amounts falling due after more than one year
2025
2024
10
Average number of employees
During the year the average number of employees was 8 (2024: 9).