Company Registration No. 11763708 (England and Wales)
W.I.S.C Isle of Wight Ltd
Unaudited accounts
for the year ended 31 January 2026
W.I.S.C Isle of Wight Ltd
Unaudited accounts
Contents
W.I.S.C Isle of Wight Ltd
Company Information
for the year ended 31 January 2026
Director
John Edward Elford
Company Number
11763708 (England and Wales)
Registered Office
Somerton Lodge
43 Victoria Avenue
Shanklin
Isle of Wight
PO37 6LT
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
W.I.S.C Isle of Wight Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
585,339
598,873
Cash at bank and in hand
4,290
230
Creditors: amounts falling due within one year
(282,611)
(266,587)
Net current liabilities
(270,755)
(261,229)
Total assets less current liabilities
314,584
337,644
Creditors: amounts falling due after more than one year
(342,489)
(354,420)
Net liabilities
(27,905)
(16,776)
Called up share capital
2
2
Profit and loss account
(27,907)
(16,778)
Shareholders' funds
(27,905)
(16,776)
For the year ending 31 January 2026 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.
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 17 April 2026 and were signed on its behalf by
John Edward Elford
Director
Company Registration No. 11763708
W.I.S.C Isle of Wight Ltd
Notes to the Accounts
for the year ended 31 January 2026
W.I.S.C Isle of Wight Ltd is a private company, limited by shares, registered in England and Wales, registration number 11763708. The registered office is Somerton Lodge, 43 Victoria Avenue, Shanklin, Isle of Wight, PO37 6LT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
2% Straight Line
4
Tangible fixed assets
Land & buildings
At 1 February 2025
676,693
At 31 January 2026
676,693
Charge for the year
13,534
At 31 January 2026
585,339
At 31 January 2025
598,873
Amounts falling due within one year
W.I.S.C Isle of Wight Ltd
Notes to the Accounts
for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
79,499
54,903
Taxes and social security
537
2,141
Other creditors
73,645
83,694
Loans from directors
127,369
123,997
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
342,489
354,420
8
Average number of employees
During the year the average number of employees was 2 (2025: 4).