IRIS Accounts Production v24.1.4.33 11231428 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112314282023-03-31112314282024-03-31112314282023-04-012024-03-31112314282022-03-31112314282022-04-012023-03-31112314282023-03-3111231428ns15:EnglandWales2023-04-012024-03-3111231428ns14:PoundSterling2023-04-012024-03-3111231428ns10:Director12023-04-012024-03-3111231428ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111231428ns10:SmallEntities2023-04-012024-03-3111231428ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111231428ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111231428ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111231428ns10:FullAccounts2023-04-012024-03-311123142812023-04-012024-03-3111231428ns10:Director22023-04-012024-03-3111231428ns10:RegisteredOffice2023-04-012024-03-3111231428ns5:CurrentFinancialInstruments2024-03-3111231428ns5:CurrentFinancialInstruments2023-03-3111231428ns5:ShareCapital2024-03-3111231428ns5:ShareCapital2023-03-3111231428ns5:RetainedEarningsAccumulatedLosses2024-03-3111231428ns5:RetainedEarningsAccumulatedLosses2023-03-3111231428ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111231428ns5:ComputerSoftware2023-04-012024-03-3111231428ns5:IntangibleAssetsOtherThanGoodwill2023-03-3111231428ns5:IntangibleAssetsOtherThanGoodwill2024-03-3111231428ns5:IntangibleAssetsOtherThanGoodwill2023-03-3111231428ns5:PlantMachinery2023-03-3111231428ns5:PlantMachinery2023-04-012024-03-3111231428ns5:PlantMachinery2024-03-3111231428ns5:PlantMachinery2023-03-3111231428ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111231428ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 11231428 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Sandwell Wellbeing Limited

Sandwell Wellbeing Limited (Registered number: 11231428)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sandwell Wellbeing Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J S Sahota
Mrs K Sahota





REGISTERED OFFICE: Office 13 Flexspace Direct 2 Industrial
Roway Lane
Oldbury
West Midlands
B69 3ES





REGISTERED NUMBER: 11231428 (England and Wales)





ACCOUNTANTS: HR Accountants
149 Spon Lane
West Bromwich
West Midlands
B70 6AS

Sandwell Wellbeing Limited (Registered number: 11231428)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 906 6,046
906 6,046

CURRENT ASSETS
Debtors 6 - 3,446
Cash at bank 134,417 239,456
134,417 242,902
CREDITORS
Amounts falling due within one year 7 13,795 94,757
NET CURRENT ASSETS 120,622 148,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,528

154,191

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 121,526 154,189
121,528 154,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




J S Sahota - Director


Sandwell Wellbeing Limited (Registered number: 11231428)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Sandwell Wellbeing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Sandwell Wellbeing Limited (Registered number: 11231428)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 28,800
AMORTISATION
At 1 April 2023
and 31 March 2024 28,800
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 17,421
DEPRECIATION
At 1 April 2023 11,375
Charge for year 5,140
At 31 March 2024 16,515
NET BOOK VALUE
At 31 March 2024 906
At 31 March 2023 6,046

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors - 3,446

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1 -
Taxation and social security 12,388 43,537
Other creditors 1,406 51,220
13,795 94,757