1 March 2023 false No description of principal activity Taxfiler 2024.6 07493521business:PrivateLimitedCompanyLtd2023-03-012024-02-29 074935212023-02-28 074935212023-03-012024-02-29 07493521business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 07493521business:FilletedAccounts2023-03-012024-02-29 074935212024-02-29 07493521business:Director12023-03-012024-02-29 07493521business:Director22023-03-012024-02-29 07493521business:RegisteredOffice2023-03-012024-02-29 074935212023-02-28 07493521core:WithinOneYear2024-02-29 07493521core:WithinOneYear2023-02-28 07493521core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 07493521core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07493521core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 07493521core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07493521core:PreviouslyStatedAmount2024-02-29 07493521core:PreviouslyStatedAmount2023-02-28 07493521business:SmallEntities2023-03-012024-02-29 07493521countries:EnglandWales2023-03-012024-02-29 07493521core:PlantMachinery2023-03-012024-02-29 07493521core:PlantMachinery2023-02-28 07493521core:PlantMachinery2024-02-29 07493521business:Director112023-02-28 07493521business:Director112023-03-012024-02-29 07493521business:Director112024-02-29 074935212022-03-012023-02-28 iso4217:GBP xbrli:pure
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
Page
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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
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Guy Welfare Associates Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
133 
- 
Current assets
Debtors
16,945 
28,533 
Cash at bank and in hand
20,504 
30,149 
37,449 
58,682 
Creditors: amounts falling due within one year
(2,276)
(1,781)
Net current assets
35,173 
56,901 
Net assets
35,306 
56,901 
Capital and reserves
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
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Guy Welfare Associates Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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
3 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
3,011 
Additions
199 
At 29 February 2024
3,210 
Depreciation
At 1 March 2023
3,011 
Charge for the year
66 
At 29 February 2024
3,077 
Net book value
At 29 February 2024
133 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,639 
27,413 
Accrued income and prepayments
1,253 
1,120 
Other debtors
53 
- 
16,945 
28,533 
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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 
Accruals
660 
630 
2,276 
1,781 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Guy Welfare
(624)
24,773 
25,085 
(936)
(624)
24,773 
25,085 
(936)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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