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REGISTERED NUMBER: 00509386 (England and Wales)















Western Welding & Engineering Company
Limited

Unaudited Financial Statements for the Year Ended 30 September 2024






Western Welding & Engineering Company
Limited (Registered number: 00509386)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Western Welding & Engineering Company
Limited

Company Information
for the Year Ended 30 September 2024







Director: Mr M Donovan





Registered office: 2 Cliffside
Penarth
CF64 5RG





Registered number: 00509386 (England and Wales)





Accountants: Haines Watts Wales LLP
7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

Western Welding & Engineering Company
Limited (Registered number: 00509386)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
Current assets
Debtors 4 185,925 182,482
Cash at bank - 3,693
185,925 186,175
Creditors
Amounts falling due within one year 5 (160,251 ) (160,501 )
Net current assets 25,674 25,674
Total assets less current liabilities 25,674 25,674

Capital and reserves
Called up share capital 6 25,000 25,000
Retained earnings 674 674
Shareholders' funds 25,674 25,674

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 17 June 2025 and were signed by:





Mr M Donovan - Director


Western Welding & Engineering Company
Limited (Registered number: 00509386)

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

1. Statutory information

Western Welding & Engineering Company 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Going concern
The company has net assets of £25,674 (2023 - £25,674)

It is the intention that the director will begin to wind down the company. Until this decision has been formally made, the accounts have been prepared on a going concern basis and the balances remaining in the accounts remain recoverable/payable.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchanging ruling based at the balance sheet date. All differences are taken to the profit and loss account.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 1,955 1,955
Amounts owed by group undertakings 41,289 37,891
Other debtors 142,681 142,636
185,925 182,482

Western Welding & Engineering Company
Limited (Registered number: 00509386)

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

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 1 1
Trade creditors 542 542
Amounts owed to group undertakings 124,673 124,923
Other creditors 34,435 34,435
Accrued expenses 600 600
160,251 160,501

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25,000 Ordinary shares 1 25,000 25,000

7. Companies under common control

During the year the company made sales of £NIL (2023: £NIL) and purchases of £NIL (2023: £NIL) to companies under common control.

Amounts due from companies under common control at the balance sheet date was £142,681 (2023: £142,363). Amounts due to companies under common control at the balance sheet date was £34,435 (2023: £34,435).

8. Ultimate controlling party

The ultimate controlling party is Mr M Donovan.

The company is controlled by Western Welding Holdings Ltd who hold 100% of the issued share capital. In turn Western Welding Holdings Ltd is 100% owned by 3D Property Investments Ltd.