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Company Registration No. 05703604 (England and Wales)
Werlee Ltd Unaudited accounts for the year ended 29 February 2024
Werlee Ltd Unaudited accounts Contents
Page
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Werlee Ltd Company Information for the year ended 29 February 2024
Director
P Lee
Company Number
05703604 (England and Wales)
Registered Office
BROOKSIDE COTTAGE, CROWS NEST DINGLE, SNAIL BEACH SHROPSHIRE SY5 0LU
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Werlee Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,730 
38,693 
Current assets
Debtors
16,359 
14,405 
Cash at bank and in hand
31,624 
29,365 
47,983 
43,770 
Creditors: amounts falling due within one year
(10,779)
(10,811)
Net current assets
37,204 
32,959 
Total assets less current liabilities
108,934 
71,652 
Provisions for liabilities
Deferred tax
(13,628)
(7,351)
Net assets
95,306 
64,301 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
95,256 
64,251 
Shareholders' funds
95,306 
64,301 
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 director acknowledges his 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 25 November 2024 and were signed on its behalf by
P Lee Director Company Registration No. 05703604
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Werlee Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Werlee Ltd is a private company, limited by shares, registered in England and Wales, registration number 05703604. The registered office is BROOKSIDE COTTAGE, CROWS NEST, DINGLE, SNAIL BEACH, SHROPSHIRE, SY5 0LU.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum straight line method
Motor vehicles
25% per annum reducing balance
Computer equipment
25% per annum reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
79,241 
49,798 
4,834 
133,873 
Additions
51,800 
4,500 
- 
56,300 
At 29 February 2024
131,041 
54,298 
4,834 
190,173 
Depreciation
At 1 March 2023
69,696 
21,257 
4,227 
95,180 
Charge for the year
21,987 
1,125 
151 
23,263 
At 29 February 2024
91,683 
22,382 
4,378 
118,443 
Net book value
At 29 February 2024
39,358 
31,916 
456 
71,730 
At 28 February 2023
9,545 
28,541 
607 
38,693 
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Werlee Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,282 
13,328 
Other debtors
1,077 
1,077 
16,359 
14,405 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,495 
823 
Taxes and social security
4,612 
3,779 
Other creditors
2,444 
2,444 
Loans from directors
738 
775 
Accruals
1,490 
2,990 
10,779 
10,811 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50 
50 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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