Company Registration No. 09553227 (England and Wales)
WELKIN VISION LTD.
Unaudited accounts
for the year ended 30 April 2025
WELKIN VISION LTD.
Unaudited accounts
Contents
WELKIN VISION LTD.
Company Information
for the year ended 30 April 2025
Company Number
09553227 (England and Wales)
Registered Office
331 Stratford Workshops
Burford Road
London
E15 2SP
United Kingdom
WELKIN VISION LTD.
Statement of financial position
as at 30 April 2025
Tangible assets
34,658
41,852
Cash at bank and in hand
305,976
124,214
Creditors: amounts falling due within one year
(225,359)
(111,051)
Net current assets
80,617
56,087
Total assets less current liabilities
115,275
97,939
Creditors: amounts falling due after more than one year
(1,358)
(2,499)
Called up share capital
1
1
Profit and loss account
113,916
95,439
Shareholders' funds
113,917
95,440
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 May 2025 and were signed on its behalf by
Md Rahmat ULLAH
Director
Company Registration No. 09553227
WELKIN VISION LTD.
Notes to the Accounts
for the year ended 30 April 2025
WELKIN VISION LTD. is a private company, limited by shares, registered in England and Wales, registration number 09553227. The registered office is 331 Stratford Workshops, Burford Road, London, E15 2SP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Over 5 Years
Fixtures & fittings
@ 20% reducing balance method
WELKIN VISION LTD.
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2024
35,800
20,556
56,356
At 30 April 2025
35,800
23,816
59,616
At 1 May 2024
7,160
7,344
14,504
Charge for the year
7,160
3,294
10,454
At 30 April 2025
14,320
10,638
24,958
At 30 April 2025
21,480
13,178
34,658
At 30 April 2024
28,640
13,212
41,852
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,750
6,500
Taxes and social security
45,999
34,579
Loans from directors
51,042
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 28 (2024: 28).