WELLBORN HOMES LTD

Company Registration Number:
03775607 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

WELLBORN HOMES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

WELLBORN HOMES LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 0 952
Investments: 4 443,032 443,032
Total fixed assets: 443,032 443,984
Current assets
Stocks: 0 645,505
Debtors:   0 8,142
Cash at bank and in hand: 901,442 14,933
Total current assets: 901,442 668,580
Net current assets (liabilities): 901,442 668,580
Total assets less current liabilities: 1,344,474 1,112,564
Creditors: amounts falling due after more than one year: 5 (72,483) (133,168)
Total net assets (liabilities): 1,271,991 979,396
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,270,991 978,396
Shareholders funds: 1,271,991 979,396

The notes form part of these financial statements

WELLBORN HOMES LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 October 2023
and signed on behalf of the board by:

Name: J Bloice
Status: Director

The notes form part of these financial statements

WELLBORN HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WELLBORN HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

WELLBORN HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 16,373
Additions 1,256
Disposals (860)
At 31 March 2023 16,769
Depreciation
At 01 April 2022 15,421
Charge for year 1,348
At 31 March 2023 16,769
Net book value
At 31 March 2023 0
At 31 March 2022 952

WELLBORN HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Fixed investments

Investment properties have been valued by J Bloice Esq., a director of Wellborn Homes Ltd and the market value is based on current prices for similar properties in the same location and condition.

WELLBORN HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due after more than one year note

Directors' current account 4596Corporation tax 67887Total 72483