WELBECK FORTIS LIMITED

Company Registration Number:
13528692 (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

WELBECK FORTIS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

WELBECK FORTIS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

8 months to 31 March 2022


£

£
Fixed assets
Investments: 3 22,449 9,695
Total fixed assets: 22,449 9,695
Current assets
Debtors:   758,337 300,100
Cash at bank and in hand: 182,571 264,858
Total current assets: 940,908 564,958
Creditors: amounts falling due within one year:   (278,879) (347,040)
Net current assets (liabilities): 662,029 217,918
Total assets less current liabilities: 684,478 227,613
Total net assets (liabilities): 684,478 227,613
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 684,376 227,511
Shareholders funds: 684,478 227,613

The notes form part of these financial statements

WELBECK FORTIS LIMITED

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 22 December 2023
and signed on behalf of the board by:

Name: P M Bowes
Status: Director

The notes form part of these financial statements

WELBECK FORTIS LIMITED

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

WELBECK FORTIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 8 months to 31 March 2022
Average number of employees during the period 0 0

WELBECK FORTIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Fixed investments

Welbeck Fortis Limited has a 0.25% interest in Welbeck Strategic Land V Limited.Welbeck Fortis Limited owns 100% of the shares in Welbeck Land Limited.

WELBECK FORTIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Loans to directors

Name of director receiving advance or credit: A Watson
Description of the loan: Director loan made during the year.
£
Balance at 01 April 2022 0
Advances or credits made: 135,000
Balance at 31 March 2023 135,000
Name of director receiving advance or credit: M Bowes
Description of the loan: Director loan made during the year.
£
Balance at 01 April 2022 0
Advances or credits made: 135,000
Balance at 31 March 2023 135,000

All director loans were repaid within 9 months of year end.

WELBECK FORTIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Related party transactions

Name of the related party: Welbeck Land Limited
Relationship:
Subsidiary
Description of the Transaction: Loan from parent company to subsidiary
£
Balance at 01 April 2022 300,000
Balance at 31 March 2023 487,000