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Company Registration No. 10785956 (England and Wales)
Wrapt Ltd Unaudited accounts for the year ended 31 May 2025
Wrapt Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Wrapt Ltd Company Information for the year ended 31 May 2025
Director
Benjamin Morris
Company Number
10785956 (England and Wales)
Registered Office
38 Lonsdale Avenue Portsmouth Hampshire PO6 2PX England
Accountants
AMR Bookkeeping & Accounts Ltd 4 Spur Road Cosham Hampshire PO6 3EB
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Wrapt Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
19,473
24,342
Current assets
Debtors
20,241
9,485
Cash at bank and in hand
79,540
3,442
99,781
12,927
Creditors: amounts falling due within one year
(12,972)
(4,431)
Net current assets
86,809
8,496
Total assets less current liabilities
106,282
32,838
Creditors: amounts falling due after more than one year
(81,132)
(34,178)
Net assets/(liabilities)
25,150
(1,340)
Capital and reserves
Called up share capital
(48,544)
(48,546)
Profit and loss account
73,694
47,206
Shareholders' funds
25,150
(1,340)
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 16 April 2026 and were signed on its behalf by
Benjamin Morris Director Company Registration No. 10785956
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Wrapt Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Wrapt Ltd is a private company, limited by shares, registered in England and Wales, registration number 10785956. The registered office is 38 Lonsdale Avenue, Portsmouth, Hampshire, PO6 2PX, 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.
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
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
49,915
At 31 May 2025
49,915
Depreciation
At 1 June 2024
25,573
Charge for the year
4,869
At 31 May 2025
30,442
Net book value
At 31 May 2025
19,473
At 31 May 2024
24,342
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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