Company Registration No. 05703604 (England and Wales)
Werlee Ltd
Unaudited accounts
for the year ended 29 February 2024
Werlee Ltd
Unaudited accounts
Contents
Werlee Ltd
Company Information
for the year ended 29 February 2024
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
Werlee Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
71,730
38,693
Cash at bank and in hand
31,624
29,365
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)
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
Werlee Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
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
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
At 29 February 2024
39,358
31,916
456
71,730
At 28 February 2023
9,545
28,541
607
38,693
Werlee Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
15,282
13,328
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,612
3,779
Other creditors
2,444
2,444
Loans from directors
738
775
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).