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Registered number: 08029195

Welstoke Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Welstoke Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Alexander Matyas
REGISTERED OFFICE
49 Mowbray Road
Edgware
Middlesex
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08029195
BANKERS
Barclays
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Welstoke Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Welstoke Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets410,000410,000
CURRENT ASSETS
Debtors320,000-
Cash at bank and in hand35,18467,344
55,18467,344
CREDITORS: Amounts falling due within one year411,26240,840
NET CURRENT ASSETS43,92226,504
TOTAL ASSETS LESS CURRENT LIABILITIES453,922436,504
CREDITORS: Amounts falling due after more than one year5275,444275,444
PROVISIONS FOR LIABILITIES AND CHARGES737,30037,300
NET ASSETS141,178123,760
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account141,177123,759
SHAREHOLDERS' FUNDS141,178123,760
For the year ending 30/04/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/01/2025 and signed on their behalf by
.............................
Alexander Matyas
Director

Welstoke Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/05/2023410,000410,000
At 30/04/2024410,000410,000
3. DEBTORS 20242023
££
Amounts falling due within one year
Prepayments20,000-
20,000-

Welstoke Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Other creditors10,18239,940
Accruals1,080900
11,26240,840
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr275,444275,444
275,444275,444
6. EMPLOYEES
20242023
No.No.
Average number of employees--
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation37,30037,300
37,30037,300
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11

Welstoke Limited

9. CONTROLLING PARTY
The company is controlled by A Matyas, the director, by virtue of the fact that he holds 100% of the company's issued and called up voting share capital.