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Company Registration No. 15397949 (England and Wales)
Wharton Bay Limited Unaudited accounts for the year ended 31 January 2026
Wharton Bay Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Wharton Bay Limited Company Information for the year ended 31 January 2026
Director
Kaggere Akshatha Gupta
Company Number
15397949 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ England
Accountants
MIB Accountants Limited Kingfisher House 21-23 Elmfield Road Bromley Kent BR1 1LT
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Wharton Bay Limited Statement of financial position as at 31 January 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
1,814
2,268
Current assets
Debtors
5
30,239
8,497
Cash at bank and in hand
113,218
71,275
143,457
79,772
Creditors: amounts falling due within one year
6
(18,450)
(17,760)
Net current assets
125,007
62,012
Net assets
126,821
64,280
Capital and reserves
Called up share capital
1
1
Profit and loss account
126,820
64,279
Shareholders' funds
126,821
64,280
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 her 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 22 May 2026 and were signed on its behalf by
Kaggere Akshatha Gupta Director Company Registration No. 15397949
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Wharton Bay Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Wharton Bay Limited is a private company, limited by shares, registered in England and Wales, registration number 15397949. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, 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.
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:
Fixtures & fittings
20% reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Taxation
The tax is payable on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss accounts because it excludes items of income and expenditure that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
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.
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Wharton Bay Limited Notes to the Accounts for the year ended 31 January 2026
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 February 2025
2,835
At 31 January 2026
2,835
Depreciation
At 1 February 2025
567
Charge for the year
454
At 31 January 2026
1,021
Net book value
At 31 January 2026
1,814
At 31 January 2025
2,268
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
3,418
3,391
Other debtors
26,821
5,106
30,239
8,497
6
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
17,610
16,920
Other creditors
840
840
18,450
17,760
7
Transactions with related parties
Included within debtors at the year end is £26,821 due by the director to the company.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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