WTT Consulting Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

WTT Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09510847 . The registered office is 40 Queen Street, London, EC4R 1DD.

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 Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Leasehold	20% on cost
Plant & Machinery	25% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	33% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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WTT Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. 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.

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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 13)

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WTT Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	57,290	18,832	5,308	25,511	106,941
Additions	-	-	-	6,004	6,004
Disposals	-	-	-	(375 )	(375 )

As at 31 December 2025	57,290	18,832	5,308	31,140	112,570

Depreciation
As at 1 January 2025	56,820	15,920	3,045	15,178	90,963
Provided during the period	470	1,083	843	6,219	8,615

As at 31 December 2025	57,290	17,003	3,888	21,397	99,578

Net Book Value
As at 31 December 2025	-	1,829	1,420	9,743	12,992

As at 1 January 2025	470	2,912	2,263	10,333	15,978

5. Stocks

	2025	2024
	£	£
Work in progress	1,884	2,250

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,526	29,736
Amounts owed by group undertakings	29,406	1,062,578
Other debtors	255,541	240,985

	297,473	1,333,299

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WTT Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	111,616	155,096
Bank loans and overdrafts	12,963	67,194
Amounts owed to group undertakings	44,199	3,207
Other creditors	216,567	194,407
Taxation and social security	243,548	50,046

	628,893	469,950

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	19,486

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Rhys Thomas	157,641	130,000	144,083	-	143,558

The above loans are unsecured and repayable on demand. The loan is interest bearing at HMRC official rates (2.25% for 2024-25 and 3.75% for 2025-26).

11. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	340,000	91,200

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WTT Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Related Party Transactions

WTT Accountancy Limited owes WTT Consulting Ltd £2,149 as at 31/12/2025. This balance is related to day-today

business expenses and ad-hoc funding provided by WTT Consulting Ltd to support ongoing buisness operations.

WTT Consulting Ltd owes WTT Group Ltd £44,199 as at 31/12/2025. This balance relates to ad-hoc funding

provided by WTT Group Ltd to support ongoing buisness operations.

Sphere Assured Ltd owes WTT Consulting Ltd £27,257 as at 31/12/25. This balance is related to day-today

business expenses and ad-hoc funding provided by WTT Consulting Ltd to support ongoing buisness operations.

Included in other debtors as at 31/12/2025 is £600 owed from Big Group Contractors Limited, a company of which

Mr R Thomas and Mr G Webber are directors and shareholders. No interest was charged on this amount.

13. Ultimate Parent Undertaking and Controlling Party

The company's immediate and parent undertaking is WTT Group Ltd . WTT Group Ltd was incorporated in England and Wales.The controlling party is WTT Group Ltd who controls 100% of the shares of WTT Consulting Ltd . The ultimate parent controlling party is Gerald Edelman LLP .

14. Audit Information

The auditor's report on the accounts of WTT Consulting Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Robert Stafford BA (Hons) FCA (Senior Statutory Auditor) for and on behalf of SCCA Ltd T/A Stafford & Co , Statutory Auditor.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,992		15,978

			12,992		15,978
CURRENT ASSETS
Stocks	5	1,884		2,250
Debtors	6	297,473		1,333,299
Cash at bank and in hand		40,777		21,468

		340,134		1,357,017
Creditors: Amounts Falling Due Within One Year	7	(628,893 )		(469,950 )

NET CURRENT ASSETS (LIABILITIES)			(288,759 )		887,067

TOTAL ASSETS LESS CURRENT LIABILITIES			(275,767 )		903,045

Creditors: Amounts Falling Due After More Than One Year	8		-		(19,486 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,248 )		(3,877 )

NET (LIABILITIES)/ASSETS			(279,015 )		879,682

CAPITAL AND RESERVES
Called up share capital	9		4		4
Profit and Loss Account			(279,019 )		879,678

SHAREHOLDERS' FUNDS			(279,015)		879,682