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Registered number: 13098845
Wafflicious (Weymouth) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13098845
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 24,500 28,000
Tangible Assets 5 30,279 22,538
54,779 50,538
CURRENT ASSETS
Debtors 6 6,408 18,964
Cash at bank and in hand 2,692 618
9,100 19,582
Creditors: Amounts Falling Due Within One Year 7 (150,842 ) (143,820 )
NET CURRENT ASSETS (LIABILITIES) (141,742 ) (124,238 )
TOTAL ASSETS LESS CURRENT LIABILITIES (86,963 ) (73,700 )
NET LIABILITIES (86,963 ) (73,700 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (86,964 ) (73,701 )
SHAREHOLDERS' FUNDS (86,963) (73,700)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
D Corney
Director
5 November 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wafflicious (Weymouth) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13098845 . The registered office is Gordon House, 46 The Esplanade, Weymouth, Dorset, DT4 8DH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold -
Leasehold 20% Straight Line
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 6)
12 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 35,000
As at 31 March 2025 35,000
Amortisation
As at 1 April 2024 7,000
Provided during the period 3,500
As at 31 March 2025 10,500
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2025 24,500
As at 1 April 2024 28,000
5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 4,006 13,680 - 8,001
Additions - - 1,100 13,650
As at 31 March 2025 4,006 13,680 1,100 21,651
Depreciation
As at 1 April 2024 - 6,839 - 2,000
Provided during the period - 3,419 275 4,913
As at 31 March 2025 - 10,258 275 6,913
Net Book Value
As at 31 March 2025 4,006 3,422 825 14,738
As at 1 April 2024 4,006 6,841 - 6,001
Fixtures & Fittings Total
£ £
Cost
As at 1 April 2024 12,952 38,639
Additions 4,472 19,222
As at 31 March 2025 17,424 57,861
Depreciation
As at 1 April 2024 7,262 16,101
Provided during the period 2,874 11,481
As at 31 March 2025 10,136 27,582
Net Book Value
As at 31 March 2025 7,288 30,279
As at 1 April 2024 5,690 22,538
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 6,408 18,964
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,541 357
Bank loans and overdrafts 13 -
Other creditors 149,288 143,463
150,842 143,820
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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