1 July 2022 false No description of principal activity Taxfiler 2023.14 12655696business:PrivateLimitedCompanyLtd2022-07-012023-06-30 126556962022-06-30 126556962022-07-012023-06-30 12655696business:AuditExemptWithAccountantsReport2022-07-012023-06-30 12655696business:FilletedAccounts2022-07-012023-06-30 126556962023-06-30 12655696business:Director12022-07-012023-06-30 12655696business:RegisteredOffice2022-07-012023-06-30 126556962022-06-30 12655696core:WithinOneYear2023-06-30 12655696core:WithinOneYear2022-06-30 12655696core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 12655696core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 12655696core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12655696core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 12655696core:PreviouslyStatedAmount2023-06-30 12655696core:PreviouslyStatedAmount2022-06-30 12655696business:SmallEntities2022-07-012023-06-30 12655696countries:EnglandWales2022-07-012023-06-30 12655696core:LandBuildings2022-07-012023-06-30 12655696core:PlantMachinery2022-07-012023-06-30 12655696core:FurnitureFittings2022-07-012023-06-30 12655696core:LandBuildings2022-06-30 12655696core:PlantMachinery2022-06-30 12655696core:FurnitureFittings2022-06-30 12655696core:LandBuildings2023-06-30 12655696core:PlantMachinery2023-06-30 12655696core:FurnitureFittings2023-06-30 12655696business:OrdinaryShareClass12022-07-012023-06-30 12655696business:OrdinaryShareClass12021-07-012022-06-30 126556962021-07-012022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12655696 (England and Wales)
Welhamgreen Ltd Unaudited accounts for the year ended 30 June 2023
Welhamgreen Ltd Unaudited accounts Contents
Page
- 2 -
Welhamgreen Ltd Company Information for the year ended 30 June 2023
Director
Mr K Kaya
Company Number
12655696 (England and Wales)
Registered Office
Rookery Cafe Great North Road North Mymms Hatfield Hertfordshire AL9 5SF United Kingdom
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
- 3 -
Welhamgreen Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,625 
32,682 
Current assets
Inventories
3,875 
4,675 
Debtors
19,953 
7,684 
Cash at bank and in hand
2,304 
2,705 
26,132 
15,064 
Creditors: amounts falling due within one year
(17,834)
(11,102)
Net current assets
8,298 
3,962 
Net assets
47,923 
36,644 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,823 
36,544 
Shareholders' funds
47,923 
36,644 
For the year ending 30 June 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 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 4 March 2024 and were signed on its behalf by
Mr K Kaya Director Company Registration No. 12655696
- 4 -
Welhamgreen Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Welhamgreen Ltd is a private company, limited by shares, registered in England and Wales, registration number 12655696. The registered office is Rookery Cafe Great North Road, North Mymms, Hatfield, Hertfordshire, AL9 5SF, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Land & buildings
10 years - straight line method
Plant & machinery
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Welhamgreen Ltd Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
20,000 
12,579 
5,326 
37,905 
Additions
2,613 
2,796 
8,465 
13,874 
At 30 June 2023
22,613 
15,375 
13,791 
51,779 
Depreciation
At 1 July 2022
2,000 
2,264 
959 
5,223 
Charge for the year
2,261 
2,360 
2,310 
6,931 
At 30 June 2023
4,261 
4,624 
3,269 
12,154 
Net book value
At 30 June 2023
18,352 
10,751 
10,522 
39,625 
At 30 June 2022
18,000 
10,315 
4,367 
32,682 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
550 
- 
Other debtors
19,403 
7,684 
19,953 
7,684 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,946 
4,926 
Trade creditors
- 
101 
Taxes and social security
8,865 
6,000 
Other creditors
23 
75 
17,834 
11,102 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
- 6 -