WONDERWOD LTD. - Accounts

WONDERWOD LTD.
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	27,438	34,189
Tangible fixed assets	4	103,130	67,905
Investments	5	500	500
		131,068	102,594
Current assets
Debtors	6	51,461	11,968
Cash at bank and in hand		16,594	12,588
		68,055	24,556
Creditors: amount falling due within one year	7	(139,590)	(73,237)
Net current assets		(71,535)	(48,681)

Total assets less current liabilities		59,533	53,913
Net assets		59,533	53,913

Capital and reserves
Called up share capital		50,000	50,000
Profit and loss account		9,533	3,913
Shareholders' funds		59,533	53,913

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 23 September 2026 and were signed by:

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Rolando ALBERTI
Director

WONDERWOD LTD.
Notes to the Financial Statements
For the year ended 31 July 2026

General Information

WONDERWOD LTD. is a private company, limited by shares, registered in England and Wales, registration number 10874097, registration address 7 Bell Yard , London, WC2A 2JR.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Intangible assets 20% Straight Line

Computer software development costs
Development costs of computer software are capitalised once a detailed program design has been established and are amortised on a straight line basis at 20%.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

20% Straight Line

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Intangible fixed assets

Cost	Other Intangibles Assets	Total
	£	£
At 01 August 2025	34,189	34,189
Additions	95	95
Disposals	-	-
At 31 July 2026	34,284	34,284
Amortisation
At 01 August 2025	-	-
Charge for year	6,846	6,846
On disposals	-	-
At 31 July 2026	6,846	6,846
Net book values
At 31 July 2026	27,438	27,438
At 31 July 2025	34,189	34,189

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 August 2025	88,698	88,698
Additions	63,782	63,782
Disposals	-	-
At 31 July 2026	152,480	152,480
Depreciation
At 01 August 2025	20,793	20,793
Charge for year	28,557	28,557
On disposals	-	-
At 31 July 2026	49,350	49,350
Net book values
Closing balance as at 31 July 2026	103,130	103,130
Opening balance as at 01 August 2025	67,905	67,905

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 August 2025	-	-
Additions	-	-
Transfer to/from tangible fixed assets	500	500
Disposals	-	-
At 31 July 2026	500	500

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	21,127	127
Other Debtors	4,766	0
Loan to TBH NI	210	470
GoCardless Clearing - EUR	6	6
VAT	19,012	10,632
Corporation tax receivable	1,740	733
Director's Current Account	4,600	0
	51,461	11,968

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	131,406	64,141
PAYE & Social Security	2,102	1,190
Advance Tax	133	133
Wages & Salaries Control Account	2,032	3,357
Unearned Revenue	2,996	2,996
Opening Balance Adjusments	921	1,420
	139,590	73,237