Company Registration No. 08878964 (England and Wales)
WISE MORTGAGES LTD
Unaudited accounts
for the year ended 28 February 2026
WISE MORTGAGES LTD
Unaudited accounts
Contents
WISE MORTGAGES LTD
Company Information
for the year ended 28 February 2026
Company Number
08878964 (England and Wales)
Registered Office
268 BATH ROAD
SLOUGH
SL1 4DX
ENGLAND
Accountants
Cooper Harland Limited
Unit 1.21, Barking Enterprise Centre
50 Cambridge Road
Barking
Essex
IG11 8FG
WISE MORTGAGES LTD
Statement of financial position
as at 28 February 2026
Cash at bank and in hand
84,364
69,231
Creditors: amounts falling due within one year
(30,575)
(22,867)
Net current assets
53,789
46,364
Total assets less current liabilities
55,460
47,187
Creditors: amounts falling due after more than one year
(10,000)
(10,000)
Called up share capital
101
101
Profit and loss account
45,359
37,086
Shareholders' funds
45,460
37,187
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 March 2026 and were signed on its behalf by
Ismail Khan
Director
Company Registration No. 08878964
WISE MORTGAGES LTD
Notes to the Accounts
for the year ended 28 February 2026
WISE MORTGAGES LTD is a private company, limited by shares, registered in England and Wales, registration number 08878964. The registered office is 268 BATH ROAD, SLOUGH, SL1 4DX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
WISE MORTGAGES LTD
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2025
2,622
2,875
5,497
At 28 February 2026
2,622
4,407
7,029
At 1 March 2025
2,500
2,174
4,674
Charge for the year
178
506
684
At 28 February 2026
2,678
2,680
5,358
At 28 February 2026
(56)
1,727
1,671
At 28 February 2025
122
701
823
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
673
2,598
Taxes and social security
2,021
2,154
Other creditors
27,881
916
Loans from directors
-
17,199
6
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
10,000
10,000
Other Creditors: Sub-ordinated loan: £10,000
Allotted, called up and fully paid:
101 Ordinary shares of £1 each
101
101
The Director, Mr. Ismail Khan, controls the company as a result of controlling directly 100% of the issued share capital.
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Average number of employees
During the year the average number of employees was 2 (2025: 2).