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Company Registration No. 11152533 (England and Wales)
WEALDSTONE LTD Unaudited accounts for the year ended 31 January 2024
WEALDSTONE LTD Unaudited accounts Contents
Page
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WEALDSTONE LTD Company Information for the year ended 31 January 2024
Director
Salman QURESHI
Company Number
11152533 (England and Wales)
Registered Office
134 High Street Uxbridge UB8 1JX England
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WEALDSTONE LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
391,221 
279,129 
Tangible assets
57,538 
65,289 
448,759 
344,418 
Current assets
Inventories
125,263 
34,583 
Debtors
71,235 
17,143 
Cash at bank and in hand
3,193 
12,683 
199,691 
64,409 
Creditors: amounts falling due within one year
(749,007)
(589,419)
Net current liabilities
(549,316)
(525,010)
Total assets less current liabilities
(100,557)
(180,592)
Creditors: amounts falling due after more than one year
(24,463)
(26,429)
Provisions for liabilities
Deferred tax
(10,932)
(12,405)
Net liabilities
(135,952)
(219,426)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(136,052)
(219,526)
Shareholders' funds
(135,952)
(219,426)
For the year ending 31 January 2024 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 5 February 2024 and were signed on its behalf by
Salman QURESHI Director Company Registration No. 11152533
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WEALDSTONE LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
WEALDSTONE LTD is a private company, limited by shares, registered in England and Wales, registration number 11152533. The registered office is 134 High Street, Uxbridge, UB8 1JX, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
403,080 
Additions
164,440 
At 31 January 2024
567,520 
Amortisation
At 1 February 2023
123,951 
Charge for the year
52,348 
At 31 January 2024
176,299 
Net book value
At 31 January 2024
391,221 
At 31 January 2023
279,129 
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WEALDSTONE LTD Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
96,918 
Additions
11,428 
At 31 January 2024
108,346 
Depreciation
At 1 February 2023
31,629 
Charge for the year
19,179 
At 31 January 2024
50,808 
Net book value
At 31 January 2024
57,538 
At 31 January 2023
65,289 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
443 
Amounts due from group undertakings etc.
4,000 
16,700 
Other debtors
67,235 
- 
71,235 
17,143 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
81,255 
120,896 
Trade creditors
62,237 
20,948 
Amounts owed to group undertakings and other participating interests
61,271 
112,503 
Taxes and social security
40,359 
23,175 
Other creditors
5,006 
10,494 
Loans from directors
498,879 
301,403 
749,007 
589,419 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
24,463 
26,429 
9
Average number of employees
During the year the average number of employees was 21 (2023: 22).
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