Company registration number SC577411 (Scotland)
WELLPATH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
WELLPATH LIMITED
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the financial statements
4
WELLPATH LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 1 -
The director presents his annual report and financial statements for the year ended 30 September 2023.
Principal activities
The principal activity of the company continued to be that of support activities for petroleum and natural gas extraction.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr A Mehdiyev
Mrs S Mehdiyeva
(Resigned 16 July 2023)
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr A Mehdiyev
Director
30 July 2024
WELLPATH LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF WELLPATH LIMITED
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wellpath Limited for the year ended 30 September 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of Wellpath Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wellpath Limited and state those matters that we have agreed to state to the board of directors of Wellpath Limited, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wellpath Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Wellpath Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Wellpath Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Wellpath Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Wbg Services LLP
30 July 2024
Accountants
168 Bath Street
Glasgow
G2 4TP
WELLPATH LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 3 -
2023
2022
£
£
Turnover
-
-
Staff costs
(19,398)
(23,247)
Other charges
(1,689)
(4,987)
Tax
5
Loss
(21,082)
(28,234)
WELLPATH LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 4 -
2023
2022
£
£
£
£
Current assets
5,159
1,850
Creditors: amounts falling due within one year
(57,201)
(32,810)
Net current liabilities
(52,042)
(30,960)
Net liabilities
(52,042)
(30,960)
Capital and reserves
(52,042)
(30,960)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Wellpath Limited is a private company limited by shares incorporated in Scotland. The registered office is 168 Bath Street, Glasgow, G2 4TP.
For the year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 July 2024 and are signed on its behalf by:
Mr A Mehdiyev
Director
Company registration number SC577411 (Scotland)