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REGISTERED NUMBER: 12544079 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2023

for

J.L.Wellington Ltd

J.L.Wellington Ltd (Registered number: 12544079)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.L.Wellington Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: J L Wellington





REGISTERED OFFICE: Suite 15 The Enterprise Centre,
Coxbridge Business Park
Farnham
Surrey
GU10 5EH





REGISTERED NUMBER: 12544079 (England and Wales)





ACCOUNTANTS: Gilroy & Brookes Accountants Ltd
Suite 15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH

J.L.Wellington Ltd (Registered number: 12544079)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,523 21,909

CURRENT ASSETS
Debtors 5 65,817 66,136
Cash at bank and in hand 736 7,900
66,553 74,036
CREDITORS
Amounts falling due within one year 6 (31,581 ) (45,796 )
NET CURRENT ASSETS 34,972 28,240
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,495

50,149

CREDITORS
Amounts falling due after more than one year 7 (10,000 ) (39,566 )
NET ASSETS 39,495 10,583

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 39,494 10,582
SHAREHOLDERS' FUNDS 39,495 10,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

J.L.Wellington Ltd (Registered number: 12544079)

Balance Sheet - continued
31 March 2023


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 director and authorised for issue on 3 October 2023 and were signed by:





J L Wellington - Director


J.L.Wellington Ltd (Registered number: 12544079)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. Statutory information

J.L.Wellington 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.

2. Accounting policies

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - Straight Line over 5 years
Computer equipment - Straight line over 3 years

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 not recognized in respect of all timing differences that have originated but not reversed at the balancesheet date which are immaterial.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

J.L.Wellington Ltd (Registered number: 12544079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. Tangible fixed assets
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 36,308 373 36,681
DEPRECIATION
At 1 April 2022 14,523 249 14,772
Charge for year 7,262 124 7,386
At 31 March 2023 21,785 373 22,158
NET BOOK VALUE
At 31 March 2023 14,523 - 14,523
At 31 March 2022 21,785 124 21,909

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 11,758 2,190
CIS Receivable 15,031 24,174
S455 Tax Recievable 13,203 13,203
PAYE/NI liability - 9
Directors' current accounts 25,825 26,560
65,817 66,136

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts - 4,336
Trade creditors 1,134 10,516
Tax 23,180 19,940
CIS Payable 1,896 2,832
VAT 4,846 6,530
Hire Purchase Loan <1 Year - 1,142
Accrued expenses 525 500
31,581 45,796

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bounce Back Loan >1Yr 10,000 39,566

J.L.Wellington Ltd (Registered number: 12544079)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. Ultimate controlling party

The company is under the control of Mr James Lee Wellington who is also director of the company and holds more than 75% of issued share capital of the company.