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REGISTERED NUMBER: 09890477 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

WEMB LTD

WEMB LTD (REGISTERED NUMBER: 09890477)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Balance Sheet 1


WEMB LTD (REGISTERED NUMBER: 09890477)

BALANCE SHEET
31 MARCH 2023

31/3/23 31/3/22
£ £ £ £
FIXED ASSETS 992,395 1,010,384

CURRENT ASSETS 196,773 26,867

CREDITORS
Amounts falling due within one year (359,553 ) (574,037 )
NET CURRENT LIABILITIES (162,780 ) (547,170 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

829,615

463,214

CREDITORS
Amounts falling due after more than one
year

911,250

579,135
NET LIABILITIES (81,635 ) (115,921 )

CAPITAL AND RESERVES (81,635 ) (115,921 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Wemb Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09890477

Registered office: 505 Pinner Road
Harrow
Middlesex
HA2 6EH

2. AVERAGE NUMBER OF EMPLOYEES

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

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31 March 2023; £327,754 (2022: £526,823) was due to the directors of the company.

4. OTHER FINANCIAL COMMITMENTS

Included within creditors is a bank loan as at 31 March 2023 of £911,250 (2022: £610,341) which is secured by the way of legal charge over the company's investment property. The bank loan is repayable by monthly instalments over 10 years with rate of interest being 4.74%.



WEMB LTD (REGISTERED NUMBER: 09890477)

BALANCE SHEET - continued
31 MARCH 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 December 2023 and were signed by:





Mrs S H Shah - Director