REGISTERED NUMBER: 08319880 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

CPWise Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Whitaker

REGISTERED OFFICE:

Osborne House

143 - 145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

08319880 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

4

37,447

49,931

CURRENT ASSETS

Stocks

5,000

5,500

Debtors

5

870

-

Cash at bank

5,575

2,604

11,445

8,104

CREDITORS

Amounts falling due within one year

6

48,769

50,473

NET CURRENT LIABILITIES

(37,324

)

(42,369

)

TOTAL ASSETS LESS CURRENT LIABILITIES

123

7,562

CREDITORS

Amounts falling due after more than one year

7

34,562

46,209

NET LIABILITIES

(34,439

)

(38,647

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

(34,539

)

(38,747

)

SHAREHOLDERS' FUNDS

(34,439

)

(38,647

)

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 director acknowledges his 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.

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 director and authorised for issue on 23 December 2025 and were signed by:

N Whitaker - Director

1.	STATUTORY INFORMATION

CPWise Developments Limited 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.

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 fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

89,456

3,213

92,669

DEPRECIATION

At 1 April 2024

40,260

2,478

42,738

Charge for year

12,300

184

12,484

At 31 March 2025

52,560

2,662

55,222

NET BOOK VALUE

At 31 March 2025

36,896

551

37,447

At 31 March 2024

49,196

735

49,931

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

870

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

6,660

11,831

Hire purchase contracts

5,820

-

Trade creditors

-

400

Taxation and social security

79

867

Other creditors

36,210

37,375

48,769

50,473

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

34,562

46,209

8.

RESERVES

Retained

earnings

£

At 1 April 2024

(38,747

)

Profit for the year

4,208

At 31 March 2025

(34,539

)

9.	RELATED PARTY DISCLOSURES

At the balance sheet date and included in other creditors in note 7, there remains a loan of £34,877 due to the director. (2024 £36,041). The director has undertaken to maintain such funding until such time as the balance sheet returns to a positive situation.