1 July 2023 false No description of principal activity Taxfiler 2024.5 14127919business:PrivateLimitedCompanyLtd2023-07-012024-06-30 141279192023-06-30 141279192023-07-012024-06-30 14127919business:AuditExemptWithAccountantsReport2023-07-012024-06-30 14127919business:FilletedAccounts2023-07-012024-06-30 141279192024-06-30 14127919business:Director12023-07-012024-06-30 14127919business:RegisteredOffice2023-07-012024-06-30 141279192023-06-30 14127919core:WithinOneYear2024-06-30 14127919core:WithinOneYear2023-06-30 14127919core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 14127919core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 14127919core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 14127919core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 14127919core:PreviouslyStatedAmount2024-06-30 14127919core:PreviouslyStatedAmount2023-06-30 14127919business:SmallEntities2023-07-012024-06-30 14127919countries:EnglandWales2023-07-012024-06-30 14127919core:PlantMachinery2023-07-012024-06-30 14127919core:PlantMachinery2023-06-30 14127919core:MotorVehicles2023-06-30 14127919core:MotorVehicles2023-07-012024-06-30 14127919core:PlantMachinery2024-06-30 14127919core:MotorVehicles2024-06-30 141279192022-05-242023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 14127919 (England and Wales)
Welbourn Machinery Ltd Unaudited accounts for the year ended 30 June 2024
Welbourn Machinery Ltd Unaudited accounts Contents
Page
- 2 -
Welbourn Machinery Ltd Company Information for the year ended 30 June 2024
Director
Gail Patricia Balfe
Company Number
14127919 (England and Wales)
Registered Office
Unit 2 Cliff Road Welbourn Lincoln LN5 0QJ United Kingdom
Accountants
Mike Behan Accountant 21 Millbrook Close North Hykeham Lincoln LN6 9TA
- 3 -
Welbourn Machinery Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,419 
21,165 
Current assets
Inventories
5,000 
10,500 
Debtors
34,227 
9,704 
Cash at bank and in hand
22,364 
26,384 
61,591 
46,588 
Creditors: amounts falling due within one year
(47,404)
(47,773)
Net current assets/(liabilities)
14,187 
(1,185)
Total assets less current liabilities
29,606 
19,980 
Provisions for liabilities
Deferred tax
(2,930)
(4,021)
Net assets
26,676 
15,959 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,576 
15,859 
Shareholders' funds
26,676 
15,959 
For the year ending 30 June 2024 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 director acknowledges her 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 and authorised for issue on 16 October 2024 and were signed on its behalf by
Gail Patricia Balfe Director Company Registration No. 14127919
- 4 -
Welbourn Machinery Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Welbourn Machinery Ltd is a private company, limited by shares, registered in England and Wales, registration number 14127919. The registered office is Unit 2, Cliff Road, Welbourn, Lincoln, LN5 0QJ, United Kingdom.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
28,220 
- 
28,220 
Additions
5,167 
2,000 
7,167 
Disposals
(9,800)
- 
(9,800)
At 30 June 2024
23,587 
2,000 
25,587 
Depreciation
At 1 July 2023
7,055 
- 
7,055 
Charge for the year
5,452 
111 
5,563 
On disposals
(2,450)
- 
(2,450)
At 30 June 2024
10,057 
111 
10,168 
Net book value
At 30 June 2024
13,530 
1,889 
15,419 
At 30 June 2023
21,165 
- 
21,165 
- 5 -
Welbourn Machinery Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
416 
7,296 
Trade debtors
33,811 
2,408 
34,227 
9,704 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
17,143 
18,069 
Taxes and social security
3,665 
- 
Loans from directors
25,900 
28,400 
Accruals
696 
1,304 
47,404 
47,773 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -