| REGISTERED NUMBER: |
| WIRE 63 LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| REGISTERED NUMBER: |
| WIRE 63 LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| WIRE 63 LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 3 Kensworth Gate |
| 200 - 204 High Street South |
| Dunstable |
| Bedfordshire |
| LU6 3HS |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| BALANCE SHEET |
| 30 APRIL 2025 |
| 30.4.25 | 30.4.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Fair value reserve | 12 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| BALANCE SHEET - continued |
| 30 APRIL 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| 1. | STATUTORY INFORMATION |
| Wire 63 Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Land and buildings | - |
| Plant and machinery etc | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2024 |
| and 30 April 2025 |
| DEPRECIATION |
| At 1 May 2024 |
| Charge for year |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| The leasehold property was valued at transition at a fair value by the directors using zoopla and yourmove for reference. |
| 5. | FIXED ASSET INVESTMENTS |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Shares in group undertakings |
| Loans to group undertakings |
| Additional information is as follows: |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 May 2024 |
| and 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Loans to |
| group |
| undertakings |
| £ |
| At 1 May 2024 |
| Repayment in year | ( |
) |
| At 30 April 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| VAT |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Other loans |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Pension payable | - | 101 |
| Directors' current accounts | 562 | 8,568 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Other loans more 5yrs instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Other loans more 5yrs instal | 290,522 | 290,522 |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Other loans |
| Charge Dated 09/10/2023 over the company property, Flat 5, 3 Berners Street, London, in favour of Aldermore Bank PLC. |
| 10. | PROVISIONS FOR LIABILITIES |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Deferred tax | 138,316 | 139,435 |
| Deferred |
| tax |
| £ |
| Balance at 1 May 2024 |
| Utilised during year | ( |
) |
| Accelerated capital allowances |
| Balance at 30 April 2025 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.25 | 30.4.24 |
| value: | £ | £ |
| Ordinary A | £1 | 1,000 | 1,000 |
| Ordinary B | £1 | 1,000 | 1,000 |
| 2,000 | 2,000 |
| Dividends: All classes of shares are only entitled to such dividends as may be specifically declared by the Board of Directors on each class of share. |
| Voting Rights: Only "A" Ordinary shares have full voting rights. "B" Ordinary shares have rights to vote only on resolutions directly affecting the rights of their shares. |
| Winding Up: Only "A" Ordinary shares have full rights to participate in a capital distribution on winding up. "B" Ordinary shares are only entitled to repayment of capital at par. |
| WIRE 63 LIMITED (REGISTERED NUMBER: 04110660) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2025 |
| 12. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 May 2024 | 1,100,531 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Movement in year | 1,576 | (1,576 | ) | - |
| At 30 April 2025 | 1,105,187 |
| 13. | RELATED PARTY DISCLOSURES |
| The company is under the control of Mr & Mrs Cumming. Mr A Cumming is the managing director. |