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COMPANY REGISTRATION NUMBER: 14441644

Wire IT Ltd

Filleted Unaudited Abridged Financial Statements

31 October 2025

Wire IT Ltd

Abridged Financial Statements

Year Ended 31 October 2025

Contents | Page

Abridged statement of financial position | 1

Notes to the abridged financial statements | 3

Wire IT Ltd

Abridged Statement of Financial Position

31 October 2025

| 2025 | 2024
Note | £ | £ | £

Fixed Assets

Tangible assets | 6 |  | 37,554 | 28,274

Current Assets

Debtors | 378,748 |  | 278,701
Cash at bank and in hand | 281,186 |  | 25,281
| --------- |  | ---------
| 659,934 |  | 303,982

Creditors: amounts falling due within one year | 515,264 |  | 194,862
| --------- |  | ---------
Net Current Assets |  | 144,670 | 109,120
|  | --------- | ---------
Total Assets Less Current Liabilities |  | 182,224 | 137,394

Creditors: amounts falling due after more than one year |  | 5,352 | 10,846

Provisions |  | 9,388 | –
|  | --------- | ---------
Net Assets |  | 167,484 | 126,548
|  | --------- | ---------

Capital and Reserves

Called up share capital | 7 |  | 100 | 100
Profit and loss account |  | 167,384 | 126,448
|  | --------- | ---------
Shareholders Funds |  | 167,484 | 126,548
|  | --------- | ---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Wire IT Ltd

Abridged Statement of Financial Position (continued)

31 October 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 2 July 2026 , and are signed on behalf of the board by:

Mr J P Martin |
Director |

Company registration number: 14441644

Wire IT Ltd

Notes to the Abridged Financial Statements

Year Ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Wenlock Road, London, N1 7GU.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Office furniture | - | 20% reducing balance
| Computer equipment | - | 20% straight line
| Motor vehicles | - | 25% reducing balance
| Tools | - | 20% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Finance leases and hire purchase contracts
Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Any losses arising from impairment are recognised in the income statement in other administrative expenses.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 1 ).
5. Secured creditors
The amount of secured creditors at the year end, secured against the assets of the business, were £11,346 (2024: £16,762).
6. Tangible assets

| £
Cost |
At 1 November 2024 | 37,288
Additions | 20,814
| --------
At 31 October 2025 | 58,102
| --------
Depreciation |
At 1 November 2024 | 9,014
Charge for the year | 11,534
| --------
At 31 October 2025 | 20,548
| --------
Carrying amount |
At 31 October 2025 | 37,554
| --------
At 31 October 2024 | 28,274
| --------

7. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 100 | 100 | 100 | 100
| ---- | ---- | ---- | ----

8. Director's advances, credits and guarantees
There are no directors advances, credits or guarantees that require disclosure .