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Company Registration No. 11825661 (England and Wales)
Witfit Ltd Unaudited accounts for the year ended 31 December 2025
Witfit Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Witfit Ltd Company Information for the year ended 31 December 2025
Directors
G M Mcloughlin S H Davis M P Lau
Company Number
11825661 (England and Wales)
Registered Office
WITFIT Ltd 167-169 Great Portland Street London London W1W 5PF England
Accountants
CheapAccounting.co.uk Trading name of Evolve Accountancy Solutions Ltd. 45 Daltons Fen, Pitsea, Basildon Essex SS13 1JE
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Witfit Ltd Statement of financial position as at 31 December 2025
31/12/2025
28/02/2025
Notes
£
£
Fixed assets
Tangible assets
4
22
209
Current assets
Cash at bank and in hand
794
1,793
Creditors: amounts falling due within one year
5
(25,443)
(26,118)
Net current liabilities
(24,649)
(24,325)
Total assets less current liabilities
(24,627)
(24,116)
Provisions for liabilities
Deferred tax
(4)
-
Net liabilities
(24,631)
(24,116)
Capital and reserves
Called up share capital
6
5,782
5,782
Share premium
199,218
199,218
Profit and loss account
(229,631)
(229,116)
Shareholders' funds
(24,631)
(24,116)
For the year ending 31 December 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 5 February 2026 and were signed on its behalf by
G M Mcloughlin Director Company Registration No. 11825661
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Witfit Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Witfit Ltd is a private company, limited by shares, registered in England and Wales, registration number 11825661. The registered office is WITFIT Ltd, 167-169 Great Portland Street, London, London, W1W 5PF, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Witfit Ltd Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2025
747
At 31 December 2025
747
Depreciation
At 1 January 2025
538
Charge for the year
187
At 31 December 2025
725
Net book value
At 31 December 2025
22
At 28 February 2025
209
5
Creditors: amounts falling due within one year
31/12/2025
28/02/2025
£
£
Loans from directors
25,368
25,368
Accruals
75
750
25,443
26,118
6
Share capital
31/12/2025
28/02/2025
£
£
Allotted, called up and fully paid:
57,824 Ordinary shares of £0.10 each
5,782.40
5,782.40
7
Average number of employees
During the year the average number of employees was 3 (28/02/2025: 3).
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