REGISTERED NUMBER: 13900161 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 MAY 2026 TO 31 MAY 2026

FOR

WHEAT WAFFLES LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S C Wheatley

REGISTERED OFFICE:

30 Greenbox

Westonhall Road

Stoke Prior

Bromsgrove

B60 4AL

REGISTERED NUMBER:

13900161 (England and Wales)

BANKERS:

Monzo

Broadwalk House

5 Appold Street

London

EC2A 2AG

INCORPORATED:

7th February 2022

FIXED ASSETS

Intangible assets

4

-

650

Tangible assets

5

-

1,639

Investments

6

-

99,103

-

101,392

CURRENT ASSETS

Cash at bank and in hand

100

3,573

CREDITORS

Amounts falling due within one year

-

11,282

NET CURRENT ASSETS/(LIABILITIES)

100

(7,709

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

93,683

PROVISIONS FOR LIABILITIES

7

-

5,173

NET ASSETS

100

88,510

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

-

88,410

SHAREHOLDERS' FUNDS

100

88,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2026 and were signed by:

Mr S C Wheatley - Director

1.	STATUTORY INFORMATION

Wheat Waffles Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Financial instruments

The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2026 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2026

3,250

Disposals

(3,250

)

At 31 May 2026

-

AMORTISATION

At 1 May 2026

2,600

Eliminated on disposal

(2,600

)

At 31 May 2026

-

NET BOOK VALUE

At 31 May 2026

-

At 30 April 2026

650

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2026

5,806

Disposals

(5,806

)

At 31 May 2026

-

DEPRECIATION

At 1 May 2026

4,167

Eliminated on disposal

(4,167

)

At 31 May 2026

-

NET BOOK VALUE

At 31 May 2026

-

At 30 April 2026

1,639

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 May 2026

99,103

Disposals

(103,708

)

Revaluations

4,605

At 31 May 2026

-

NET BOOK VALUE

At 31 May 2026

-

At 30 April 2026

99,103

Cost or valuation at 31 May 2026 is represented by:

Totals

£

Valuation in 2025

3,265

Valuation in 2026

9,838

13,103

7.	PROVISIONS FOR LIABILITIES

31.5.26

30.4.26

£

£

Deferred tax

-

5,173

Deferred

tax

£

Balance at 1 May 2026

5,173

Movement

Balance at 31 May 2026

5,173

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

30.4.26

value:

£

£

100

Ordinary

£1

100

100