Company Registration No. 11802319 (England and Wales)
GOLDEN WISE LIMITED
Unaudited accounts
for the year ended 28 February 2023
GOLDEN WISE LIMITED
Unaudited accounts
Contents
GOLDEN WISE LIMITED
Company Information
for the year ended 28 February 2023
Director
Wahab Akeem Olawale
Company Number
11802319 (England and Wales)
Registered Office
13 GALENA HOUSE
GROSMONT ROAD
LONDON
SE18 1LH
UNITED KINGDOM
GOLDEN WISE LIMITED
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
65
116
Creditors: amounts falling due within one year
(806)
(1,183)
Net current assets
23,854
33,884
Total assets less current liabilities
24,321
34,818
Creditors: amounts falling due after more than one year
(43,163)
(52,842)
Net liabilities
(18,842)
(18,024)
Called up share capital
1
1
Profit and loss account
(18,843)
(18,025)
Shareholders' funds
(18,842)
(18,024)
For the year ending 28 February 2023 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 13 December 2023 and were signed on its behalf by
Wahab Akeem Olawale
Director
Company Registration No. 11802319
GOLDEN WISE LIMITED
Notes to the Accounts
for the year ended 28 February 2023
GOLDEN WISE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11802319. The registered office is 13 GALENA HOUSE, GROSMONT ROAD, LONDON, SE18 1LH, UNITED KINGDOM.
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.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
550
1,785
2,335
At 28 February 2023
550
1,785
2,335
At 1 March 2022
330
1,071
1,401
Charge for the year
110
357
467
At 28 February 2023
440
1,428
1,868
At 28 February 2023
110
357
467
At 28 February 2022
220
714
934
Amounts falling due within one year
Trade debtors
11,842
19,558
GOLDEN WISE LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).