Welland Supplies Ltd. 06737823 Supply and distribution of abrasives, fasteners, tools, powertools, diamond products, small plant and safety items to both trade and end user markets false 1 January 2023 06737823 2023-01-01 2023-12-31 06737823 2022-12-31 06737823 2023-12-31 06737823 2022-01-01 2022-12-31 06737823 2021-12-31 06737823 2022-12-31 06737823 frs102-bus:FRS102 2023-01-01 2023-12-31 06737823 frs102-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06737823 frs102-bus:FullAccounts 2023-01-01 2023-12-31 06737823 frs102-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06737823 frs102-core:CurrentFinancialInstruments 2023-12-31 06737823 frs102-core:CurrentFinancialInstruments 2022-12-31 06737823 frs102-core:Non-currentFinancialInstruments 2023-12-31 06737823 frs102-core:Non-currentFinancialInstruments 2022-12-31 06737823 frs102-core:ShareCapital 2023-12-31 06737823 frs102-core:ShareCapital 2022-12-31 06737823 frs102-core:RetainedEarningsAccumulatedLosses 2023-12-31 06737823 frs102-core:RetainedEarningsAccumulatedLosses 2022-12-31 06737823 frs102-bus:Director1 2023-01-01 2023-12-31 06737823 frs102-core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 06737823 frs102-core:Vehicles 2023-01-01 2023-12-31 06737823 frs102-core:OtherPropertyPlantEquipment 2022-12-31 06737823 frs102-core:Vehicles 2022-12-31 06737823 frs102-core:OtherPropertyPlantEquipment 2023-12-31 06737823 frs102-core:Vehicles 2023-12-31 06737823 frs102-core:OtherPropertyPlantEquipment 2022-12-31 06737823 frs102-core:Vehicles 2022-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
06737823
Welland Supplies Ltd.
Draft Unaudited Accounts
for the year ended
31 December 2023
Welland Supplies Ltd.
Balance Sheet
as at 31 December 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 3 138,855 21,703
138,855 21,703
Current assets
Stocks 253,906 260,222
Debtors 159,511 178,944
Cash at bank and in hand 37,140 59,750
450,557 498,916
Creditors: amounts falling due within one year (404,399) (421,170)
Net current assets / (liabilities) 46,158 77,746
Total assets less current liabilities 185,013 99,449
Creditors: amounts falling due after more than one year (109,879) (25,000)
Provisions for liabilities (3,000) (2,500)
Total net assets (liabilities) 72,134 71,949
Capital and reserves
Called up share capital 75,000 75,000
Profit and loss account (2,866) (3,051)
Shareholders' funds 72,134 71,949

Welland Supplies Ltd.
Balance Sheet
as at 31 December 2023



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

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2023 the company was entitled to exemption 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.

Signed on behalf of the board of directors

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

A Middleton

Director


Approved by the board on 15 September 2024

Company Number: 06737823 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Blenheim Way Northfields Ind Estate
Market Deeping
Peterborough
Cambridgeshire
PE6 8LD

Welland Supplies Ltd.
Notes to the Accounts
for the year ended 31 December 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Other 20% Straight Line
Vehicles 25% Straight Line
2. Employees
2023 2022
Average number of employees during the period 9 9

3. Tangible fixed assets
Other Vehicles Total
Cost or valuation £ £ £
At 1 January 2023 78,778 0 78,778
Additions 1,625 127,019 128,644
Disposals (5,412) (0) (5,412)
Transfers (5,075) 5,075 0
At 31 December 2023 69,916 132,094 202,010
Depreciation
At 1 January 2023 57,075 0 57,075
Charge for the period 3,931 7,486 11,417
On disposals (5,337) (0) (5,337)
At 31 December 2023 55,669 7,486 63,155
Net book value
At 31 December 2023 14,247 124,608 138,855
At 31 December 2022 21,703 0 21,703