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Company Registration No. 11089124 (England and Wales)
Welcome Edition Ltd Unaudited accounts for the year ended 30 November 2023
Welcome Edition Ltd Company Information for the year ended 30 November 2023
Directors
Mark Batista Kestin Hare Paul Batista
Company Number
11089124 (England and Wales)
Registered Office
4 Wilkes Street London E1 6QF England
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Welcome Edition Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,301 
18,154 
Current assets
Debtors
687,600 
327,323 
Cash at bank and in hand
347,577 
50,413 
1,035,177 
377,736 
Creditors: amounts falling due within one year
(1,030,451)
(359,396)
Net current assets
4,726 
18,340 
Total assets less current liabilities
16,027 
36,494 
Creditors: amounts falling due after more than one year
(30,556)
(36,111)
Net (liabilities)/assets
(14,529)
383 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(14,532)
380 
Shareholders' funds
(14,529)
383 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
Mark Batista Director Company Registration No. 11089124
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Welcome Edition Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Welcome Edition Ltd is a private company, limited by shares, registered in England and Wales, registration number 11089124. The registered office is 4 Wilkes Street, London, E1 6QF, England.
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
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
34,274 
At 30 November 2023
34,274 
Depreciation
At 1 December 2022
16,120 
Charge for the year
6,853 
At 30 November 2023
22,973 
Net book value
At 30 November 2023
11,301 
At 30 November 2022
18,154 
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Welcome Edition Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,040 
Trade debtors
389,605 
125,883 
Accrued income and prepayments
297,679 
120,250 
Other debtors
316 
79,150 
687,600 
327,323 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
44,641 
- 
Trade creditors
74,942 
- 
Taxes and social security
- 
32,486 
Other creditors
702 
21,071 
Accruals
2,500 
2,000 
Deferred income
902,110 
298,283 
1,030,451 
359,396 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,556 
36,111 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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