Wellspring Enterprises International Limited Filleted Accounts Cover
Wellspring Enterprises International Limited
Company No. 14697735
Information for Filing with The Registrar
31 March 2024
Wellspring Enterprises International Limited Directors Report Registrar
The Directors present their report and the accounts for the period ended 31 March 2024.
Principal activities
The principal activity of the company during the period under review was that of the operation of a hotel.
Directors
The Directors who served at any time during the period were as follows:
A. Green
K. Green
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
K. Green
Director
30 November 2024
Wellspring Enterprises International Limited Balance Sheet Registrar
at
31 March 2024
Company No.
14697735
Notes
2024
£
Fixed assets
Tangible assets
4
301,265
301,265
Current assets
Cash at bank and in hand
2,773
2,773
Creditors: Amount falling due within one year
5
(355,352)
Net current liabilities
(352,579)
Total assets less current liabilities
(51,314)
Net liabilities
(51,314)
Capital and reserves
Called up share capital
100
Profit and loss account
6
(51,414)
Total equity
(51,314)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 30 November 2024 and signed on its behalf by:
K. Green
Director
30 November 2024
Wellspring Enterprises International Limited Notes to the Accounts Registrar
for the period ended 31 March 2024
1
General information
Wellspring Enterprises International Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 14697735
Its registered office is:
123 Hallgate
Cottingham
East Riding Of Yorkshire
HU16 4DA
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Land and buildings are revalued annually and any surplus or deficit is dealt with through the profit and loss account. No depreciation is provided in respect of land and buildings.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
Number
The average monthly number of employees (including directors) during the period:
2
4
Tangible fixed assets
Land and buildings
Total
£
£
Cost or revaluation
Additions
301,265301,265
At 31 March 2024
301,265301,265
Depreciation
Net book values
At 31 March 2024
301,265301,265
5
Creditors:
amounts falling due within one year
2024
£
Loans from directors
47,412
Other creditors
307,105
Accruals and deferred income
835
355,352
6
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
Wellspring Enterprises International Limited1469773531 March 202401 March 2023false30 November 2024BTCSoftware AP Solution 2024 11.1.0311.1.03true146977352023-03-012024-03-31146977352024-03-3114697735core:WithinOneYear2024-03-3114697735core:ShareCapital2024-03-3114697735core:RetainedEarningsAccumulatedLosses2024-03-3114697735countries:UnitedKingdom2023-03-012024-03-3114697735bus:RegisteredOffice2023-03-012024-03-3114697735core:LandBuildings2023-03-012024-03-3114697735core:LandBuildings2024-03-3114697735core:RetainedEarningsAccumulatedLosses2023-03-012024-03-31146977352023-03-0114697735bus:SmallEntities2023-03-012024-03-3114697735bus:FullAccounts2023-03-012024-03-3114697735bus:AuditExempt-NoAccountantsReport2023-03-012024-03-3114697735bus:Director22023-03-012024-03-3114697735bus:PrivateLimitedCompanyLtd2023-03-012024-03-31iso4217:GBPxbrli:pure