Company Registration No. 06130759 (England and Wales)
Sellweb Limited
Unaudited accounts
for the year ended 28 February 2023
Sellweb Limited
Annual report and unaudited accounts
for the year ended 28 February 2023
Sellweb Limited
Statement of Financial Position
as at 28 February 2023
Current assets
152,233
106,213
Prepayments and accrued income
-
1,093
Creditors: amounts falling due within one year
(247,586)
(124,439)
Net current liabilities
(95,353)
(17,133)
Total assets less current liabilities
(93,914)
(15,840)
Creditors: amounts falling due after more than one year
(34,198)
(39,670)
Accruals and deferred income
(1,200)
(2,800)
Net liabilities
(129,312)
(58,310)
Capital and reserves
(129,312)
(58,310)
Sellweb Limited is a private company, limited by shares, registered in England and Wales, registration number 06130759. The registered office is Unit 1 Claymore, Tame Valley Industrial Estate Wilnecote, Tamworth, Staffordshire, B77 5DQ.
2 Guarantees and other financial commitments
The bank loan is a Coronovirus Interruption Loan Scheme (CIBILS) and is secured on the assets of the business up to a
maximum of 20% of the outstanding balance. The interest rate charged on the loan is 2.5% and the loan term is 10 years.
As at 28 February 2023 the company has total minimum future commitments under non-cancellable operating leases as follows
With 1 year 12,500
Within two to five years 31,250
3 Average number of employees
During the year the average number of employees was 4 (2022: 4).
Sellweb Limited
Statement of Financial Position
as at 28 February 2023 (continued)
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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 5 October 2023
G Beddows
Director
Company Registration No. 06130759