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REGISTERED NUMBER: 07120833 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Weldoc Engineering Limited

Weldoc Engineering Limited (Registered number: 07120833)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Weldoc Engineering Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: M Chilmaid





REGISTERED OFFICE: Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ





REGISTERED NUMBER: 07120833 (England and Wales)





ACCOUNTANTS: Berry & Company
Chartered Accountants
Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ

Weldoc Engineering Limited (Registered number: 07120833)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,751 16,544

CURRENT ASSETS
Debtors 5 28,047 28,320
Cash at bank and in hand 15,620 3,263
43,667 31,583
CREDITORS
Amounts falling due within one year 6 47,340 35,952
NET CURRENT LIABILITIES (3,673 ) (4,369 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,078

12,175

CREDITORS
Amounts falling due after more than one
year

7

3,412

3,412
NET ASSETS 6,666 8,763

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,665 8,762
SHAREHOLDERS' FUNDS 6,666 8,763

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Weldoc Engineering Limited (Registered number: 07120833)

Balance Sheet - continued
31 January 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 12 October 2023 and were signed by:





M Chilmaid - Director


Weldoc Engineering Limited (Registered number: 07120833)

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

1. STATUTORY INFORMATION

Weldoc Engineering Limited 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. 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.

Income recognition
Turnover represents the fair value of consideration received or receivable derived from the rendering of metal fabrication services and the servicing of paper making machinery for customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

Weldoc Engineering Limited (Registered number: 07120833)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 6,663 78,247 84,910
Additions - 1,530 1,530
At 31 January 2023 6,663 79,777 86,440
DEPRECIATION
At 1 February 2022 6,646 61,720 68,366
Charge for year - 4,323 4,323
At 31 January 2023 6,646 66,043 72,689
NET BOOK VALUE
At 31 January 2023 17 13,734 13,751
At 31 January 2022 17 16,527 16,544

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 27,995
DEPRECIATION
At 1 February 2022
and 31 January 2023 16,185
NET BOOK VALUE
At 31 January 2023 11,810
At 31 January 2022 11,810

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 28,047 28,320

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - (43 )
Trade creditors 1,526 1,528
Taxation and social security 14,293 15,538
Other creditors 31,521 18,929
47,340 35,952

Weldoc Engineering Limited (Registered number: 07120833)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 3,412 3,412

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Chilmaid.