Wokfast Ltd - Filleted accounts

Registered number

13676840

Wokfast Ltd

Unaudited Filleted Accounts

31 October 2025

Wokfast Ltd
Registered number:		13676840
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			17,690

Current assets
Stocks		-			4,800
Debtors	4	8,000			8,190
Cash at bank and in hand		62,543			170,587
		70,543			183,577

Creditors: amounts falling due within one year	5	(11,390)			(105,257)

Net current assets			59,153			78,320

Net assets			59,153			96,010

Capital and reserves
Called up share capital			1			1
Profit and loss account			59,152			96,009

Shareholder's funds			59,153			96,010

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Mr Jian Li
Director
Approved by the board on 20 July 2026

Wokfast 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.

	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.

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


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			13		15


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 November 2024	14,877		8,196		23,073
	Disposals	(14,877)		(8,196)		(23,073)
	At 31 October 2025	-		-		-

	Depreciation
	At 1 November 2024	2,975		2,408		5,383
	On disposals	(2,975)		(2,408)		(5,383)
	At 31 October 2025	-		-		-

	Net book value
	At 31 October 2025	-		-		-
	At 31 October 2024	11,902		5,788		17,690


4	Debtors			2025		2024
£					£

	Other debtors			8,000		8,190


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

	Trade creditors			-		9,863
	Taxation and social security costs			6,849		48,508
	Other creditors			4,541		46,886
				11,390		105,257


6	Controlling party

	The company is under the control of the director, Mr Jian Li by virtue of his shareholdings in the company.


7	Other information

	Wokfast Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Black Bull
	56 High Street
	Longstanton
	Cambridge
	CB24 3BS