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
Welcome Edition Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
11,301
18,154
Cash at bank and in hand
347,577
50,413
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
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
Welcome Edition Ltd
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
At 30 November 2023
34,274
At 30 November 2023
22,973
At 30 November 2023
11,301
At 30 November 2022
18,154
Welcome Edition Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
389,605
125,883
Accrued income and prepayments
297,679
120,250
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,556
5,556
Taxes and social security
-
32,486
Other creditors
702
21,071
Deferred income
902,110
298,283
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).