WIS UMBRELLA LTD - Filleted accounts

Registered number

11633444

WIS UMBRELLA LTD

Filleted Accounts

31 October 2025

WIS UMBRELLA LTD
Registered number:		11633444
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	6		-			180

Current assets
Debtors	7	334,877			139,154
Cash at bank and in hand		216,675			413,321
		551,552			552,475

Creditors: amounts falling due within one year	8	(536,141)			(523,473)

Net current assets			15,411			29,002

Net assets			15,411			29,182

Capital and reserves
Called up share capital			300			300
Profit and loss account			15,111			28,883

Shareholders' funds			15,411			29,182

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Wijay Kanagasundaram
Director
Approved by the board on 21 July 2026

WIS UMBRELLA LTD
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Critical Accounting estimates and judgements

	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Key sources of estimation uncertainty The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows. Employee cost accrual Turnover and the associated costs on employees are recognised as the work is carried out which is verified by the employee timesheet. Turnover and the associated costs are estimated as the proportion of the workforce which is expected to perform weekly work which have not submitted a timesheet at the year end date.



3	Employee Benefits

	The Costs of Short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.


4	Retirement Benefits

	Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.


5	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		31		78


6	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 November 2024				900
	At 31 October 2025				900

	Depreciation
	At 1 November 2024				720
	Charge for the year				180
	At 31 October 2025				900

	Net book value
	At 31 October 2025				-
	At 31 October 2024				180


7	Debtors		2025		2024
£				£

	Trade debtors		198,377		139,154
	Amounts owed by group undertakings and undertakings in which the company has a participating interest		127,500		-
	Other debtors		9,000		-
			334,877		139,154


8	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		34,800		366
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		-		(10,000)
	Taxation and social security costs		399,482		431,480
	Other creditors		101,859		101,627
			536,141		523,473


9	Related party transactions

	The company is under the common control of its director, who is also a director and controlling party of WIS Accountancy Ltd. WIS Accountancy Ltd is therefore a related party. At the balance sheet date the company was owed £127,500 (2024: £10,000) by WIS Accountancy Ltd, included within Other debtors. No amounts were written off or provided against during the year, and no guarantees have been given or received.


10	Other information

	WIS UMBRELLA LTD is a private company limited by shares and incorporated in England. Its registered office is:
	C/O Wis Accountancy Ltd - No 4 Imperial Place
	Maxwell Road
	Borehamwood
	WD6 1JN