WeFlex Cover Ltd 11143023 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is to act as an appointed representative to allow WeFlex Ltd to offer additional insurance products to customers. Digita Accounts Production Advanced 6.30.9574.0 true N A Williamson true 11143023 2022-12-01 2023-11-30 11143023 2023-11-30 11143023 core:RetainedEarningsAccumulatedLosses 2023-11-30 11143023 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 11143023 bus:FRS102 2022-12-01 2023-11-30 11143023 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11143023 bus:FullAccounts 2022-12-01 2023-11-30 11143023 bus:RegisteredOffice 2022-12-01 2023-11-30 11143023 bus:Director1 2022-12-01 2023-11-30 11143023 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 11143023 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11143023 1 2022-12-01 2023-11-30 11143023 countries:EnglandWales 2022-12-01 2023-11-30 11143023 2022-11-30 11143023 core:RetainedEarningsAccumulatedLosses 2022-11-30 11143023 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 iso4217:GBP

WeFlex Cover Ltd

Annual Report and Unaudited Financial Statements
Year Ended 30 November 2023

Registration number: 11143023

 

WeFlex Cover Ltd

Profit and Loss Account for the Year Ended 30 November 2023

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.

 

WeFlex Cover Ltd

Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Creditors: Amounts falling due within one year

3

(10,773)

(10,773)

Capital and reserves

 

Profit and loss account

(10,773)

(10,773)

Shareholders' deficit

 

(10,773)

(10,773)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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 director acknowledges his 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 director on 27 August 2024
 

.........................................

N A Williamson

Director

Company Registration Number: 11143023

 

WeFlex Cover Ltd

Notes to the Unaudited Financial Statements

Year Ended 30 November 2023

1

General information

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

The address of its registered office is:
Unit 6 Westpoint Trading Estate
Alliance Road
London
W3 0RA
England

These financial statements were authorised for issue by the director on 27 August 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including Section 1A and the Companies Act 2006.

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.

These financial statements have been prepared in British pound sterling and rounded to the nearest whole pound.

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on present value basis.

 

WeFlex Cover Ltd

Notes to the Unaudited Financial Statements

Year Ended 30 November 2023

3

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to group undertakings

10,773

10,479

Other creditors

 

-

294

 

10,773

10,773

4

Parent and ultimate parent undertaking

The company's immediate parent is WeFlex Ltd, incorporated in England and Wales.