Wake Up! Fishing Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05654361 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WAKE UP! FISHING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J Collins

Mr D M Collins

Mrs A Gomez Perez

Mr M R Butt

REGISTERED OFFICE:

1st Floor, Forest View

Crockford Lane

Chineham Business Park

Basingstoke

Hampshire

RG24 8QZ

REGISTERED NUMBER:

05654361 (England and Wales)

FIXED ASSETS

Tangible assets

5

206,174

201,372

CURRENT ASSETS

Stocks

5,578

4,345

Debtors

6

-

4,606

Cash at bank and in hand

66,487

73,509

72,065

82,460

CREDITORS

Amounts falling due within one year

7

85,608

99,522

NET CURRENT LIABILITIES

(13,543

)

(17,062

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

192,631

184,310

CAPITAL AND RESERVES

Called up share capital

8

31,001

Retained earnings

161,630

153,309

SHAREHOLDERS' FUNDS

192,631

184,310

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by:

Mr J Collins - Director

1.	STATUTORY INFORMATION

Wake Up! Fishing Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided on the investment property

Removable buildings

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

All fixed assets are initially recorded at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Removable

Plant and

property

buildings

machinery

£

COST

At 1 January 2025

130,910

23,724

48,563

Additions

-

At 31 December 2025

130,910

23,724

48,563

DEPRECIATION

At 1 January 2025

-

22,451

37,000

Charge for year

-

318

2,802

At 31 December 2025

-

22,769

39,802

NET BOOK VALUE

At 31 December 2025

130,910

955

8,761

At 31 December 2024

130,910

1,273

11,563

Motor

Biological

vehicles

assets

Totals

£

COST

At 1 January 2025

4,200

54,829

262,226

Additions

-

8,481

At 31 December 2025

4,200

63,310

270,707

DEPRECIATION

At 1 January 2025

1,403

-

60,854

Charge for year

559

-

3,679

At 31 December 2025

1,962

-

64,533

NET BOOK VALUE

At 31 December 2025

2,238

63,310

206,174

At 31 December 2024

2,797

54,829

201,372

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

-

4,606

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

3,141

9,302

Taxation and social security

10,054

27,725

Other creditors

72,413

62,495

85,608

99,522

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,968

Ordinary A

£1

1,968

668

Ordinary B

£1

668

1,815

Ordinary C

£1

1,815

26,550

Preferred

£1

26,550

31,001