Registered number
12325438
WELL PAY BUREAU LTD
Filleted Accounts
31 October 2023
WELL PAY BUREAU LTD
Registered number: 12325438
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 4,151 500
Cash at bank and in hand 12,203 -
16,354 500
Creditors: amounts falling due within one year 4 (26,099) (34)
Net current (liabilities)/assets (9,745) 466
Total assets less current liabilities (9,745) 466
Creditors: amounts falling due after more than one year 5 - (222)
Net (liabilities)/assets (9,745) 244
Capital and reserves
Called up share capital 100 100
Profit and loss account (9,845) 144
Shareholder's funds (9,745) 244
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Shuja Rehman
Director
Approved by the board on 29 January 2025
WELL PAY BUREAU LTD
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Debtors 2023 2022
£ £
Trade debtors - 500
Other debtors 4,151 -
4,151 500
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs - 34
Other creditors 26,099 -
26,099 34
5 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors - 222
6 Controlling party
The director controls the company.
7 Other information
WELL PAY BUREAU LTD is a private company limited by shares and incorporated in England. Its registered office is:
Suite 2, Parkway 5
300 Princess Road
Manchester
England
M14 7HR
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