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Registered number: 14616537
WiseCo Ventures Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14616537
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 217,163 246,118
Tangible Assets 5 452 791
217,615 246,909
CURRENT ASSETS
Debtors 6 91,880 61,730
Cash at bank and in hand 8,805 36,025
100,685 97,755
Creditors: Amounts Falling Due Within One Year 7 (502,386 ) (512,889 )
NET CURRENT ASSETS (LIABILITIES) (401,701 ) (415,134 )
TOTAL ASSETS LESS CURRENT LIABILITIES (184,086 ) (168,225 )
NET LIABILITIES (184,086 ) (168,225 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (184,186 ) (168,325 )
SHAREHOLDERS' FUNDS (184,086) (168,225)
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For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Maximilian Coupland
Director
09/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
WiseCo Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14616537 . The registered office is 35-37 Ludgate Hill, London, EC4M 7JN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company's parent company has agreed to provide financial support to enable the company to continue in business.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is comprised of affiliate marketing commission receivable which is recognised when the company becomes entitled to the commission.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets comprise internet domains, customer lists, intellectual property rights and contracts acquired which are amortised to profit and loss account over an estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% straight line
2.6. Foreign Currencies
The company's functional currency is considered to be USD which is the currency of the primary economic environment in which the company operates.  The company's presentation currency is GBP.
Foreign currency transactions are translated into the functional currency using the exchange rate at the date of the transaction. Foreign currency monetary items are translated into the functional currency at the exchange rates applicable at the end of the reporting period.
Subsequently,  monetary assets and liabilities are translated to the presentation currency at the closing rate and income and expenses translated at the exchange rate on the transaction date.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 February 2025 289,550
As at 31 January 2026 289,550
Amortisation
As at 1 February 2025 43,432
Provided during the period 28,955
As at 31 January 2026 72,387
Net Book Value
As at 31 January 2026 217,163
As at 1 February 2025 246,118
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2025 989
As at 31 January 2026 989
Depreciation
As at 1 February 2025 198
Provided during the period 339
As at 31 January 2026 537
Net Book Value
As at 31 January 2026 452
As at 1 February 2025 791
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6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 54,340 30,411
Other debtors 33,969 27,748
88,309 58,159
Due after more than one year
Other debtors 3,571 3,571
91,880 61,730
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - 1,765
Amounts owed to participating interests 162,478 167,694
Other creditors 331,592 331,592
Taxation and social security 8,316 11,838
502,386 512,889
Balances due other participating interests together with other creditors are unsecured,interest free and repayable on demand.
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within other debtors (note 6) are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Maximilian Coupland 24,271 - 12,890 - 11,381
The above loan is unsecured, interest free and repayable on demand.
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