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Company Registration No. 11089124 (England and Wales)
Welcome Edition Ltd Unaudited accounts for the period from 1 December 2023 to 31 August 2024
Welcome Edition Ltd Unaudited accounts Contents
Page
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Welcome Edition Ltd Company Information for the period from 1 December 2023 to 31 August 2024
Directors
Mark Batista Kestin Hare Paul Batista
Company Number
11089124 (England and Wales)
Registered Office
91 Brick Lane London E1 6QL England
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Welcome Edition Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,834 
11,301 
Current assets
Debtors
109,464 
687,600 
Cash at bank and in hand
14,949 
347,577 
124,413 
1,035,177 
Creditors: amounts falling due within one year
(105,426)
(1,030,451)
Net current assets
18,987 
4,726 
Total assets less current liabilities
26,821 
16,027 
Creditors: amounts falling due after more than one year
(26,116)
(30,556)
Net assets/(liabilities)
705 
(14,529)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
702 
(14,532)
Shareholders' funds
705 
(14,529)
For the period ending 31 August 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
Mark Batista Director Company Registration No. 11089124
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Welcome Edition Ltd Notes to the Accounts for the period from 1 December 2023 to 31 August 2024
1
Statutory information
Welcome Edition Ltd is a private company, limited by shares, registered in England and Wales, registration number 11089124. The registered office is 91 Brick Lane, London, E1 6QL, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2023
34,274 
At 31 August 2024
34,274 
Depreciation
At 1 December 2023
22,973 
Charge for the period
3,467 
At 31 August 2024
26,440 
Net book value
At 31 August 2024
7,834 
At 30 November 2023
11,301 
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Welcome Edition Ltd Notes to the Accounts for the period from 1 December 2023 to 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
35,645 
- 
Trade debtors
- 
389,605 
Accrued income and prepayments
- 
297,679 
Other debtors
18,619 
316 
54,264 
687,600 
Amounts falling due after more than one year
Other debtors
55,200 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
- 
44,641 
Trade creditors
61,049 
74,942 
Taxes and social security
35,756 
- 
Other creditors
565 
702 
Accruals
2,500 
2,500 
Deferred income
- 
902,110 
105,426 
1,030,451 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,116 
30,556 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mark Batista
- 
17,835 
- 
17,835 
Kestin Hare
- 
18,400 
- 
18,400 
Paul Batista
- 
18,400 
- 
18,400 
- 
54,635 
- 
54,635 
9
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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