Company registration number 9842196 (England and Wales)
WELL WAY REHAB SOLUTIONS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
WELL WAY REHAB SOLUTIONS LTD
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
20,896
4,803
Current assets
201,179
246,831
Creditors: amounts falling due within one year
(63,000)
(86,849)
Net current assets
138,179
159,982
Total assets less current liabilities
159,075
164,785
Net assets
159,075
164,785
Capital and reserves
159,075
164,785
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At the reporting date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £26,250.
A cross guarantee exists in favour of the bank whereby, on receipt of a demand in writing, the company will discharge any liabilities arising from bank loans and overdrafts in respect of itself or Well Way Holdings Limited. The potential liability at 31 October 2024 amounted to £225,561, but the directors do not anticipate this giving rise to any settlement demand from the bank.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
7
4
WELL WAY REHAB SOLUTIONS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
- 2 -
Well Way Rehab Solutions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3 Birch House, Bromsgrove, B60 4DJ.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 22 April 2025
Mr K S Welborn
Director
Company Registration Number 9842196