Wisdom Partnership Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09269514

Wisdom Partnership Ltd

Unaudited financial statements

31 March 2026

Wisdom Partnership Ltd

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		171,617		110,641

Current assets

Stocks		1,904	2,213
Debtors	6	1,875,301	1,721,858
Cash at bank and in hand		252,391	183,275
		-----------	-----------
		2,129,596	1,907,346

Creditors: Amounts falling due within one year	7	( 165,451)		( 186,068)
		-----------		-----------
Net current assets			1,964,145		1,721,278
			-----------		-----------
Total assets less current liabilities			2,135,762		1,831,919

Creditors: Amounts falling due after more than one year	8		( 5,952)		–

Provisions

Taxation including deferred tax	( 7,857)	( 10,140)
	-----------	-----------
Net assets	2,121,953	1,821,779
	-----------	-----------

Capital and reserves

Called up share capital	2	2
Profit and loss account	2,121,951	1,821,777
	-----------	-----------
Shareholders funds	2,121,953	1,821,779
	-----------	-----------

These 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 income statement has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Wisdom Partnership Ltd

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 11 August 2026 , and are signed on behalf of the board by:

Mrs N Wigglesworth	Mr R Wigglesworth
Director	Director

Company registration number: 09269514

Wisdom Partnership Ltd

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 94 Holt Road, Horsford, Norwich, NR10 3DE, United Kingdom.

2. Statement of compliance

These 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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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 goods supplied.

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences .

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:

Plant and machinery	-	15% straight line
Fixtures and fittings	-	15% straight line
Motor vehicles	-	25% reducing balance

Hire purchase contracts

Assets held under hire purchase contract are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the income statement on a reducing balance basis.

4. Employee numbers

The average number of employees during the year was 7 (2025: 7 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2025	175,343	42,961	208,159	426,463
Additions	4,906	1,786	142,213	148,905
Disposals	–	–	( 89,761)	( 89,761)
	---------	-------	---------	---------
At 31 March 2026	180,249	44,747	260,611	485,607
	---------	-------	---------	---------
Depreciation
At 1 April 2025	175,320	35,233	105,269	315,822
Charge for the year	418	1,981	49,240	51,639
Disposals	–	–	( 53,471)	( 53,471)
	---------	-------	---------	---------
At 31 March 2026	175,738	37,214	101,038	313,990
	---------	-------	---------	---------
Carrying amount
At 31 March 2026	4,511	7,533	159,573	171,617
	---------	-------	---------	---------
At 31 March 2025	23	7,728	102,890	110,641
	---------	-------	---------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 March 2026	109,623
	---------
At 31 March 2025	–
	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	9,623	5,898
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,856,997	1,701,997
Other debtors	8,681	13,963
	-----------	-----------
	1,875,301	1,721,858
	-----------	-----------

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	567	598
Social security and other taxes	110,824	158,646
Other creditors	54,060	26,824
	---------	---------
	165,451	186,068
	---------	---------

Included in other creditors are hire purchase liabilities which are secured on the assets concerned.

8. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	5,952	–
	------	----

Included in other creditors are hire purchase liabilities which are secured on the assets concerned.

9. Directors' advances, credits and guarantees

During the year, the directors operated a loan with the company at HM Revenue & Customs approved interest rates. At the year end, the total balance on this account was £6,959 (2025: £11,828) owed by the directors, and is included in other debtors.

10. Related party transactions

During the year the company loaned money to Apollonia Properties Limited. At the year end the company has a balance owed from Apollonia Properties Limited of £1,856,997. (2025: £1,701,997). Apollonia Properties Limited is a related party due to the fact that Mr & Mrs Wigglesworth are directors of both companies and Apollonia Properties Limited is the majority shareholder of Wisdom Partnership Ltd .