REGISTERED NUMBER: 04919677 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Wish Star Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A May

Mrs C R May

REGISTERED OFFICE:

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

REGISTERED NUMBER:

04919677 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

96,675

126,609

Investments

5

10

10

96,685

126,619

CURRENT ASSETS

Debtors

6

370,679

361,417

Cash at bank

97,397

120,189

468,076

481,606

CREDITORS

Amounts falling due within one year

7

82,860

72,869

NET CURRENT ASSETS

385,216

408,737

TOTAL ASSETS LESS CURRENT LIABILITIES

481,901

535,356

CREDITORS

Amounts falling due after more than one year

8

(88,904

)

(105,058

)

PROVISIONS FOR LIABILITIES

(2,267

)

(5,014

)

NET ASSETS

390,730

425,284

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

390,630

425,184

SHAREHOLDERS' FUNDS

390,730

425,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

N A May - Director

1.	STATUTORY INFORMATION

Wish Star Limited 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.

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.

Turnover

Turnover is recognised in line with the stage of completion of the consultancy work being performed and is recognised net of VAT. Stage of completion is calculated based on time spent on the work, compared to the overall estimated time required to complete the work.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

Basic financial instruments are recognised at amortised cost, derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Motor

Computer

property

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

9,104

122,170

8,164

139,438

Additions

-

-

1,782

1,782

At 31 December 2025

9,104

122,170

9,946

141,220

DEPRECIATION

At 1 January 2025

2,731

2,545

7,553

12,829

Charge for year

910

29,906

900

31,716

At 31 December 2025

3,641

32,451

8,453

44,545

NET BOOK VALUE

At 31 December 2025

5,463

89,719

1,493

96,675

At 31 December 2024

6,373

119,625

611

126,609

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

122,170

DEPRECIATION

At 1 January 2025

2,545

Charge for year

29,906

At 31 December 2025

32,451

NET BOOK VALUE

At 31 December 2025

89,719

At 31 December 2024

119,625

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

and 31 December 2025

10

NET BOOK VALUE

At 31 December 2025

10

At 31 December 2024

10

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

370,679

361,417

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

16,154

15,112

Trade creditors

25,470

13,521

Taxation and social security

38,573

33,733

Other creditors

2,663

10,503

82,860

72,869

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

88,904

105,058

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

N A May and Mrs C R May

Balance outstanding at start of year

(3,614

)

(334

)

Amounts advanced

161,548

96,523

Amounts repaid

(98,312

)

(99,803

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

59,622

(3,614

)

This loan is repayable on demand and interest is charged on overdrawn balances at the official rate.