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REGISTERED NUMBER: 10766415 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Weba Electrical Contractors Limited

Weba Electrical Contractors Limited (Registered number: 10766415)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Weba Electrical Contractors Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: J J Webb





REGISTERED OFFICE: Unit 1, New Close
Baillie Gate Industrial Estate
Sturminster Marshall
Dorset
BH21 4DB





REGISTERED NUMBER: 10766415 (England and Wales)





ACCOUNTANTS: Simon Scott Accounts
17 Donnelly Road
Bournemouth
Dorset
BH6 5NW

Weba Electrical Contractors Limited (Registered number: 10766415)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 106,967 75,622

CURRENT ASSETS
Stocks 142,799 91,047
Debtors 5 138,029 280,244
Cash at bank 10,102 216
290,930 371,507
CREDITORS
Amounts falling due within one year 6 325,552 232,103
NET CURRENT (LIABILITIES)/ASSETS (34,622 ) 139,404
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,345

215,026

CREDITORS
Amounts falling due after more than
one year

7

70,852

94,509
NET ASSETS 1,493 120,517

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,393 120,417
SHAREHOLDERS' FUNDS 1,493 120,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Weba Electrical Contractors Limited (Registered number: 10766415)

Balance Sheet - continued
28 February 2025


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 director and authorised for issue on 6 May 2025 and were signed by:





J J Webb - Director


Weba Electrical Contractors Limited (Registered number: 10766415)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Weba Electrical Contractors 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Weba Electrical Contractors Limited (Registered number: 10766415)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024 3,413 129,749 9,589 142,751
Additions - 57,000 416 57,416
At 28 February 2025 3,413 186,749 10,005 200,167
DEPRECIATION
At 1 March 2024 947 58,662 7,520 67,129
Charge for year 370 23,492 2,209 26,071
At 28 February 2025 1,317 82,154 9,729 93,200
NET BOOK VALUE
At 28 February 2025 2,096 104,595 276 106,967
At 29 February 2024 2,466 71,087 2,069 75,622

Weba Electrical Contractors Limited (Registered number: 10766415)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 103,332 250,687
Other debtors 34,697 29,557
138,029 280,244

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 6,000 5,000
Hire purchase contracts 21,887 21,887
Trade creditors 258,244 133,436
Taxation and social security 4,667 46,444
Other creditors 34,754 25,336
325,552 232,103

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans 1,500 11,250
Hire purchase contracts 61,371 83,259
Other creditors 7,981 -
70,852 94,509

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary £1 100 100