Caseware UK (AP4) 2025.0.111 2025.0.111 2025-06-30 2025-06-30 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 2024-07-01 E-commerce trading of candles and similar items 15 15 true true false NI639662 2024-07-01 2025-06-30 NI639662 2023-07-01 2024-06-30 NI639662 2025-06-30 NI639662 2024-06-30 NI639662 c:Director1 2024-07-01 2025-06-30 NI639662 d:Buildings 2024-07-01 2025-06-30 NI639662 d:Buildings 2025-06-30 NI639662 d:Buildings 2024-06-30 NI639662 d:Buildings d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 NI639662 d:Buildings d:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 NI639662 d:MotorVehicles 2024-07-01 2025-06-30 NI639662 d:MotorVehicles 2025-06-30 NI639662 d:MotorVehicles 2024-06-30 NI639662 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 NI639662 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 NI639662 d:FurnitureFittings 2024-07-01 2025-06-30 NI639662 d:FurnitureFittings 2025-06-30 NI639662 d:FurnitureFittings 2024-06-30 NI639662 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 NI639662 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 NI639662 d:ComputerEquipment 2024-07-01 2025-06-30 NI639662 d:ComputerEquipment 2025-06-30 NI639662 d:ComputerEquipment 2024-06-30 NI639662 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 NI639662 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 NI639662 d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 NI639662 d:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 NI639662 d:CurrentFinancialInstruments 2025-06-30 NI639662 d:CurrentFinancialInstruments 2024-06-30 NI639662 d:Non-currentFinancialInstruments 2025-06-30 NI639662 d:Non-currentFinancialInstruments 2024-06-30 NI639662 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 NI639662 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 NI639662 d:Non-currentFinancialInstruments d:AfterOneYear 2025-06-30 NI639662 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 NI639662 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-06-30 NI639662 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 NI639662 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-06-30 NI639662 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 NI639662 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-06-30 NI639662 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-06-30 NI639662 d:ShareCapital 2025-06-30 NI639662 d:ShareCapital 2024-06-30 NI639662 d:CapitalRedemptionReserve 2024-07-01 2025-06-30 NI639662 d:CapitalRedemptionReserve 2025-06-30 NI639662 d:CapitalRedemptionReserve 2024-06-30 NI639662 d:OtherMiscellaneousReserve 2025-06-30 NI639662 d:OtherMiscellaneousReserve 2024-06-30 NI639662 d:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 NI639662 d:RetainedEarningsAccumulatedLosses 2025-06-30 NI639662 d:RetainedEarningsAccumulatedLosses 2024-06-30 NI639662 d:AcceleratedTaxDepreciationDeferredTax 2025-06-30 NI639662 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 NI639662 c:FRS102 2024-07-01 2025-06-30 NI639662 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 NI639662 c:FullAccounts 2024-07-01 2025-06-30 NI639662 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 NI639662 d:HirePurchaseContracts d:WithinOneYear 2025-06-30 NI639662 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 NI639662 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-06-30 NI639662 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 NI639662 6 2024-07-01 2025-06-30 NI639662 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-06-30 NI639662 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-06-30 NI639662 d:LeasedAssetsHeldAsLessee 2025-06-30 NI639662 d:LeasedAssetsHeldAsLessee 2024-06-30 NI639662 e:PoundSterling 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure

Registered number: NI639662 WICKOLOGY LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
WICKOLOGY LTD
CONTENTS
| Page
Balance sheet | 1 - 2
Notes to the financial statements | 3 - 11
WICKOLOGY LTD REGISTERED NUMBER:NI639662
BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 329,704 |  | 355,747
Investments | 5 |  | 3 |  | 3
|  |  | 329,707 |  | 355,750
Current assets |  |  |  |  |
Stocks | 6 | 398,249 |  | 377,346 |
Debtors: amounts falling due within one year | 7 | 800,565 |  | 729,392 |
Cash at bank and in hand | 8 | 124,486 |  | 186,314 |
|  | 1,323,300 |  | 1,293,052 |
Creditors: amounts falling due within one year | 9 | (1,102,547) |  | (963,940) |
Net current assets |  |  | 220,753 |  | 329,112
Total assets less current liabilities |  |  | 550,460 |  | 684,862
Creditors: amounts falling due after more than one year | 10 |  | (168,445) |  | (188,604)
Provisions for liabilities |  |  |  |  |
Deferred tax | 13 | (7,071) |  | (15,715) |
|  |  | (7,071) |  | (15,715)
Net assets |  |  | 374,944 |  | 480,543
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 200 |  | 200
Capital redemption reserve | 14 |  | 200 |  | 200
Other reserves | 14 |  | 172,083 |  | 172,083
Profit and loss account | 14 |  | 202,461 |  | 308,060
|  |  | 374,944 |  | 480,543
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. Page 1
WICKOLOGY LTD REGISTERED NUMBER:NI639662
BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025 The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 March 2026.
Graeme Ferguson
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Wickology Ltd is a private company, limited by shares, incorporated in Northern Ireland under company registration number NI639662. The company's registered ofice is situated at 23a Clanbrassil Road, Holywood, Co. Down, BT18 0AR. The company's principal activity is E-commerce retailling. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Page 3
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.8 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 4
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.8 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line and reducing balance methods. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | Straight line
|  |  |  | Motor vehicles | - | 20% | Reducing balance
|  |  |  | Fixtures and fittings | - | 20% | Straight line
|  |  |  | Computer equipment | - | 20% | Straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.9 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.12 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.13 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 15 (2024 - 15).
4. | Tangible fixed assets
|  | Freehold property | Motor vehicles | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 July 2024 | 332,624 | 88,967 | 56,298 | 250,955 | 728,844
| At 30 June 2025 | 332,624 | 88,967 | 56,298 | 250,955 | 728,844
| Depreciation |  |  |  |  |
| At 1 July 2024 | 46,564 | 26,097 | 56,298 | 244,138 | 373,097
| Charge for the year on owned assets | 6,652 | - | - | 6,817 | 13,469
| Charge for the year on financed assets | - | 12,574 | - | - | 12,574
| At 30 June 2025 | 53,216 | 38,671 | 56,298 | 250,955 | 399,140
| Net book value |  |  |  |  |
| At 30 June 2025 | 279,408 | 50,296 | - | - | 329,704
| At 30 June 2024 | 286,060 | 62,870 | - | 6,817 | 355,747
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Motor vehicles | 50,296 | 62,870
|  | 50,296 | 62,870
Page 6
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
5. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| At 1 July 2024 | 3
| At 30 June 2025 | 3
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Finished goods and goods for resale | 398,249 | 377,346
|  | 398,249 | 377,346
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 30,072 | 18,553
| Other debtors | 765,970 | 707,586
| Prepayments and accrued income | 4,523 | 3,253
|  | 800,565 | 729,392
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 124,486 | 186,314
|  | 124,486 | 186,314
Page 7
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 25,777 | 25,777
| Trade creditors | 469,687 | 353,662
| Corporation tax | 30,602 | 42,357
| Other taxation and social security | 141,419 | 89,297
| Obligations under finance lease and hire purchase contracts | 11,495 | 11,495
| Other creditors | 420,067 | 437,852
| Accruals and deferred income | 3,500 | 3,500
|  | 1,102,547 | 963,940
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other taxation and social security |  |
| PAYE/NI control | 3,608 | 9,396
| VAT control | 137,811 | 79,901
|  | 141,419 | 89,297
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 124,206 | 137,091
| Net obligations under finance leases and hire purchase contracts | 44,239 | 51,513
|  | 168,445 | 188,604
| The following liabilities were secured:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 149,983 | 162,867
|  | 149,983 | 162,867
| Details of security provided:
Bank loans are secured by a mortgage debenture incorporating a fixed and floating charge over all of the Company's assets. Page 8
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 25,777 | 25,777
|  | 25,777 | 25,777
| Amounts falling due 1-2 years |  |
| Bank loans | 25,777 | 25,777
|  | 25,777 | 25,777
| Amounts falling due 2-5 years |  |
| Bank loans | 77,331 | 77,331
|  | 77,331 | 77,331
| Amounts falling due after more than 5 years |  |
| Bank loans | 21,099 | 33,983
|  | 21,099 | 33,983
|  | 149,984 | 162,868
12. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 11,495 | 11,495
| Between 1-5 years | 44,239 | 51,513
|  | 55,734 | 63,008
Page 9
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
13. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (15,715)
| Charged to profit or loss | 8,644
| At end of year | (7,071)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (7,071) | (15,715)
|  | (7,071) | (15,715)
14. | Reserves
Capital redemption reserve This reserve includes the nominal value of shares repurchased by the company. Profit and loss account The profit and loss account includes all prior period and current period retained profits and losses.
15. | Pension commitments
The Company operates a defined contributions pension scheme. Contributions totalling £6,433 (2024: £5,955) were payable to the fund during the year. At the balance sheet date, £655 (2024: £1,012) was outstanding and is included within Other Creditors.
16. | Related party transactions
| At the balance sheet date, the company owed £206,486 (2024: £219,440) to GF Stores Ltd, a company that is controlled by Graeme Ferguson, a director. At the balance sheet date, the company was owed £507,969 (2024: £535,883) from Graeme Ferguson, a director. This balance was repaid within 9 months and 1 day of the balance sheet date. Terms and conditions of transactions with related parties Sales and purchases between related parties are made at normal market prices. Outstanding balances with entities are unsecured, interest free and cash settlement is expected within 60 days of invoice. The Company has not provided or benefitted from any guarantees for any related party receivables or payables.
Page 10
WICKOLOGY LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
17. | Controlling party
The ultimate controlling parties are Graeme Ferguson and Maria Ferguson by virtue of their shareholding in the company.
Page 11