Company Registration No. SC206612 (Scotland)
WebXel.com Limited
Unaudited accounts
for the year ended 30 April 2024
WebXel.com Limited
Unaudited accounts
Contents
WebXel.com Limited
Company Information
for the year ended 30 April 2024
Directors
Lawrence McNamara
Kevin Marsahall
Company Number
SC206612 (Scotland)
Registered Office
42 Raeburn Park
Perth
Perthshire
PH2 0ET
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
WebXel.com Limited
Statement of financial position
as at 30 April 2024
Tangible assets
7,095
7,541
Cash at bank and in hand
144,170
141,787
Creditors: amounts falling due within one year
(8,452)
(10,089)
Net current assets
139,173
138,536
Net assets
146,268
146,077
Called up share capital
100
100
Profit and loss account
136,193
136,002
Shareholders' funds
146,268
146,077
For the year ending 30 April 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 7 January 2025 and were signed on its behalf by
Lawrence McNamara
Director
Company Registration No. SC206612
WebXel.com Limited
Notes to the Accounts
for the year ended 30 April 2024
WebXel.com Limited is a private company, limited by shares, registered in Scotland, registration number SC206612. The registered office is 42 Raeburn Park, Perth, Perthshire, PH2 0ET.
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.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
2,445
16,841
19,286
At 30 April 2024
2,445
18,780
21,225
At 1 May 2023
1,697
10,048
11,745
Charge for the year
257
2,128
2,385
At 30 April 2024
1,954
12,176
14,130
At 30 April 2024
491
6,604
7,095
At 30 April 2023
748
6,793
7,541
WebXel.com Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,343
1,801
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).