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REGISTERED NUMBER: 02726243 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Wellington Trading UK Limited

Wellington Trading UK Limited (Registered number: 02726243)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wellington Trading UK Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr R Coleman
Mr J Coleman
Mr A Coleman





REGISTERED OFFICE: 2 High Street
Burnham on Crouch
Essex
CM0 8AA





REGISTERED NUMBER: 02726243 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
2 High Street
Burnham on Crouch
Essex
CM0 8AA

Wellington Trading UK Limited (Registered number: 02726243)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 372,745 415,429

CURRENT ASSETS
Debtors 5 19,306 12,066
Cash at bank and in hand 432,219 505,192
451,525 517,258
CREDITORS
Amounts falling due within one year 6 124,030 138,564
NET CURRENT ASSETS 327,495 378,694
TOTAL ASSETS LESS CURRENT
LIABILITIES

700,240

794,123

CREDITORS
Amounts falling due after more than one
year

7

-

124,738
NET ASSETS 700,240 669,385

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Share premium 13,230 13,230
Retained earnings 683,010 652,155
SHAREHOLDERS' FUNDS 700,240 669,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Wellington Trading UK Limited (Registered number: 02726243)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by:





Mr R Coleman - Director


Wellington Trading UK Limited (Registered number: 02726243)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Wellington Trading UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on cost and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

Wellington Trading UK Limited (Registered number: 02726243)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 263,750 697,121 960,871
Disposals - (42,500 ) (42,500 )
At 30 June 2024 263,750 654,621 918,371
DEPRECIATION
At 1 July 2023 - 545,442 545,442
Charge for year - 42,684 42,684
Eliminated on disposal - (42,500 ) (42,500 )
At 30 June 2024 - 545,626 545,626
NET BOOK VALUE
At 30 June 2024 263,750 108,995 372,745
At 30 June 2023 263,750 151,679 415,429

Included in cost of land and buildings is freehold land of £ 263,750 (2023 - £ 263,750 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 11,849 4,336
Other debtors 7,457 7,730
19,306 12,066

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts - 9,896
Trade creditors 26,232 54,392
Taxation and social security 63,461 40,564
Other creditors 34,337 33,712
124,030 138,564

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 124,738

Amounts falling due in more than five years:

Repayable by instalments
Bank loan over 5 years - 95,904

Wellington Trading UK Limited (Registered number: 02726243)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans - 134,634

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £73,042 (2023 - £36,220) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R Coleman.