Wize Professionals Ltd - Filleted accounts

Registered number

09996916

Wize Professionals Ltd

Filleted Accounts

31 March 2025

Wize Professionals Ltd
Registered number:		09996916
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	1,543			13,983
Cash at bank and in hand		47,607			50,392
		49,150			64,375

Creditors: amounts falling due within one year	4	(45,384)			(53,627)

Net current assets			3,766			10,748

Net assets			3,766			10,748

Capital and reserves
Called up share capital			1			1
Profit and loss account			3,765			10,747

Shareholder's funds			3,766			10,748

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs J Reuben
Director
Approved by the board on 30 December 2025

Wize Professionals Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services and s is recognised by reference to the stage of completion of the contract, which is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	4		1


3	Debtors	2025		2024
£			£

	Trade debtors	-		13,983
	Other debtors	1,543		-
		1,543		13,983


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	-		2,128
	Other creditors	45,384		51,499
		45,384		53,627

	Included in Other creditors is £44,358 (2024: £49,909) owing to/(from) the director. The loan is interest-free and there is no fixed date of repayment. The director has confirmed that the loan will only be repaid as and when cash flow permits.


5	Controlling party

	The company is controlled by the director who owns the entire share capital of the company.


6	Other information

	Wize Professionals Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	Devonshire House
	Manor Way
	Borehamwood
	Hertfordshire
	WD6 1QQ