Wet-wired.com Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
14,714
16,657
Creditors: amounts falling due within one year
(10,855)
(15,413)
Net current assets
3,859
11,136
Total assets less current liabilities
5,518
11,874
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
5,201
11,732
Shareholders' funds
5,202
11,733
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 23 December 2025 and were signed on its behalf by
Nicholas Edwin Meynell Cross
Director
Company Registration No. 04024542
Wet-wired.com Ltd
Notes to the Accounts
for the year ended 31 March 2025
Wet-wired.com Ltd is a private company, limited by shares, registered in England and Wales, registration number 04024542. The registered office is 1 Breach Farm Cottages, St. Mary Bourne, Andover, SP11 6DH, 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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,955
7,795
9,750
At 31 March 2025
1,955
10,690
12,645
At 1 April 2024
1,216
7,796
9,012
Charge for the year
185
1,789
1,974
At 31 March 2025
1,401
9,585
10,986
At 31 March 2025
554
1,105
1,659
At 31 March 2024
739
(1)
738
Wet-wired.com Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,470
7,768
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).