Wellmaze Property Management Limited 05819337 true 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is Property Management Digita Accounts Production Advanced 6.30.9574.0 true Mr George Michael Hadley Mr Robert Matthew Williams Julie Marney Mr John Glover true 05819337 2023-06-01 2024-05-31 05819337 2024-05-31 05819337 core:CurrentFinancialInstruments 2024-05-31 05819337 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 05819337 bus:FRS102 2023-06-01 2024-05-31 05819337 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05819337 bus:FullAccounts 2023-06-01 2024-05-31 05819337 bus:RegisteredOffice 2023-06-01 2024-05-31 05819337 bus:CompanySecretary1 2023-06-01 2024-05-31 05819337 bus:Director2 2023-06-01 2024-05-31 05819337 bus:Director4 2023-06-01 2024-05-31 05819337 bus:Director5 2023-06-01 2024-05-31 05819337 bus:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 05819337 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05819337 countries:AllCountries 2023-06-01 2024-05-31 05819337 2023-05-31 05819337 core:CurrentFinancialInstruments 2023-05-31 05819337 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP

Registration number: 05819337

Wellmaze Property Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2024

 

Wellmaze Property Management Limited

Profit and Loss Account for the Year Ended 31 May 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Wellmaze Property Management Limited

(Registration number: 05819337)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

5,774

5,774

Creditors: Amounts falling due within one year

4

(5,774)

(5,774)

Net assets/(liabilities)

 

-

-

Capital and reserves

 

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 28 June 2024 and signed on its behalf by:
 

.........................................
Mr George Michael Hadley
Director

 

Wellmaze Property Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Bansons Yard
High Street
Ongar
Essex
CM5 9AA

These financial statements were authorised for issue by the Board on 28 June 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Wellmaze Property Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

3

Debtors

Current

2024
£

2023
£

Other debtors

5,774

5,774

 

5,774

5,774

4

Creditors

2024
£

2023
£

Due within one year

Other payables

5,774

5,774

5

Share capital