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Company Registration No. 14379336 (England and Wales)
WP Tax Ltd. Unaudited accounts for the year ended 30 September 2025
WP Tax Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WP Tax Ltd. Company Information for the year ended 30 September 2025
Director
C Favaloro
Company Number
14379336 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
Keves & Hitsuji Ltd Unit A 82 James Carter Road Mildenhall Suffolk IP28 7DE
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WP Tax Ltd. Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
14,737
17,924
Creditors: amounts falling due within one year
4
(1,215)
(3,906)
Net current assets
13,522
14,018
Net assets
13,522
14,018
Capital and reserves
Called up share capital
5
1,000
1,000
Profit and loss account
12,522
13,018
Shareholders' funds
13,522
14,018
For the year ending 30 September 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 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 15 July 2026 and were signed on its behalf by
C Favaloro Director Company Registration No. 14379336
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WP Tax Ltd. Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
WP Tax Ltd. is a private company, limited by shares, registered in England and Wales, registration number 14379336. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
4
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
(120)
3,054
Other creditors
150
-
Loans from directors
624
312
Accruals
561
540
1,215
3,906
5
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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WP Tax Ltd. Notes to the Accounts for the year ended 30 September 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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