Company Registration No. 07493521 (England and Wales)
Guy Welfare Associates Limited
Unaudited accounts
for the year ended 29 February 2024
Guy Welfare Associates Limited
Unaudited accounts
Contents
Guy Welfare Associates Limited
Company Information
for the year ended 29 February 2024
Directors
Guy Welfare
Kaye Welfare
Company Number
07493521 (England and Wales)
Registered Office
THE RED HOUSE
RODBOROUGH HILL
STROUD
GLOUCESTERSHIRE
GL5 3RT
Accountants
Regulatory Accounting Ltd
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE
Guy Welfare Associates Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
20,504
30,149
Creditors: amounts falling due within one year
(2,276)
(1,781)
Net current assets
35,173
56,901
Called up share capital
10
10
Profit and loss account
35,296
56,891
Shareholders' funds
35,306
56,901
For the year ending 29 February 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 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 27 November 2024 and were signed on its behalf by
Guy Welfare
Director
Company Registration No. 07493521
Guy Welfare Associates Limited
Notes to the Accounts
for the year ended 29 February 2024
Guy Welfare Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07493521. The registered office is THE RED HOUSE, RODBOROUGH HILL, STROUD, GLOUCESTERSHIRE, GL5 3RT.
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.
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.
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.
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:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
15,639
27,413
Accrued income and prepayments
1,253
1,120
Guy Welfare Associates Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
680
527
Loans from directors
936
624
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).