WELLFIELD ESTATES LTD

Company Registration Number:
04620210 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

WELLFIELD ESTATES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

WELLFIELD ESTATES LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 755,309 756,246
Total fixed assets: 755,309 756,246
Current assets
Debtors:   665,483 555,483
Cash at bank and in hand: 205,926 124,162
Total current assets: 871,409 679,645
Creditors: amounts falling due within one year:   (160,810) (54,584)
Net current assets (liabilities): 710,599 625,061
Total assets less current liabilities: 1,465,908 1,381,307
Creditors: amounts falling due after more than one year:   (1,708) (19,981)
Total net assets (liabilities): 1,464,200 1,361,326
Capital and reserves
Called up share capital: 4 4
Revaluation reserve:4151,859151,859
Profit and loss account: 1,312,337 1,209,463
Shareholders funds: 1,464,200 1,361,326

The notes form part of these financial statements

WELLFIELD ESTATES LTD

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 January 2025
and signed on behalf of the board by:

Name: Joe Heifetz
Status: Director

The notes form part of these financial statements

WELLFIELD ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WELLFIELD ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 17 22

WELLFIELD ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 763,387
At 31 December 2024 763,387
Depreciation
At 01 January 2024 7,141
Charge for year 937
At 31 December 2024 8,078
Net book value
At 31 December 2024 755,309
At 31 December 2023 756,246

WELLFIELD ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Revaluation reserve

2024
£
Balance at 01 January 2024 151,859
Surplus or deficit after revaluation 0
Balance at 31 December 2024 151,859