Wantsum Consulting Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10720706

Wantsum Consulting Limited

Filleted Unaudited Financial Statements

30 April 2025

Wantsum Consulting Limited

Financial Statements

Year ended 30 April 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Wantsum Consulting Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		–	34

Current assets

Debtors	6	–	8
Cash at bank and in hand		475,304	470,677
		---------	---------
		475,304	470,685

Creditors: amounts falling due within one year	7	31,713		33,310
		---------		---------
Net current assets			443,591	437,375
			---------	---------
Total assets less current liabilities			443,591	437,409

Provisions	8	8
	---------	---------
Net assets	443,583	437,401
	---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	443,581	437,399
	---------	---------
Shareholders funds	443,583	437,401
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Wantsum Consulting Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr K Eddy

Director

Company registration number: 10720706

Wantsum Consulting Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
Equipment	-	25% straight line

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 May 2024 and 30 April 2025	353	2,369	2,722
	----	-------	-------
Depreciation
At 1 May 2024	353	2,335	2,688
Charge for the year	–	34	34
	----	-------	-------
At 30 April 2025	353	2,369	2,722
	----	-------	-------
Carrying amount
At 30 April 2025	–	–	–
	----	-------	-------
At 30 April 2024	–	34	34
	----	-------	-------

6. Debtors

	2025	2024
	£	£
Other debtors	–	8
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	3,763	2,487
Other creditors	27,950	30,823
	--------	--------
	31,713	33,310
	--------	--------

8. Related party transactions

At the year end the company owed the directors £27,037 (2024: £29,910). During the year the company paid dividends of £10,000 (2024: £39,000) to Directors.