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REGISTERED NUMBER: 00332331















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Wellington Rubber Company Limited

Wellington Rubber Company Limited (Registered number: 00332331)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wellington Rubber Company Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: A J Rushton





SECRETARY: Mrs J Rushton





REGISTERED OFFICE: Oak Chemical Works
Textile Street
West Gorton
Manchester
M12 5DL





REGISTERED NUMBER: 00332331





ACCOUNTANTS: Beauchamp Charles Chartered Accountants
145a Ashley Road
Hale
Altrincham
Cheshire
WA14 2UW

Wellington Rubber Company Limited (Registered number: 00332331)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,574 56,871

CURRENT ASSETS
Stocks 15,455 25,399
Debtors 5 53,139 57,170
Cash at bank 9,625 22,082
78,219 104,651
CREDITORS
Amounts falling due within one year 6 125,836 161,710
NET CURRENT LIABILITIES (47,617 ) (57,059 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,957

(188

)

CREDITORS
Amounts falling due after more than one
year

7

4,800

14,938
NET ASSETS/(LIABILITIES) 1,157 (15,126 )

CAPITAL AND RESERVES
Called up share capital 7,500 7,500
Capital redemption reserve 396 396
Retained earnings (6,739 ) (23,022 )
SHAREHOLDERS' FUNDS 1,157 (15,126 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Wellington Rubber Company Limited (Registered number: 00332331)

Balance Sheet - continued
31 December 2024


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 26 June 2025 and were signed by:





A J Rushton - Director


Wellington Rubber Company Limited (Registered number: 00332331)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Wellington Rubber Company Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Plant and machinery - 7.5% on reducing balance
Fixtures and fittings - 15% on reducing balance

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

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.

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 NIL (2023 - 2 ).

Wellington Rubber Company Limited (Registered number: 00332331)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2024 141,197 16,763 157,960
Additions 629 - 629
At 31 December 2024 141,826 16,763 158,589
DEPRECIATION
At 1 January 2024 88,870 12,219 101,089
Charge for year 3,245 681 3,926
At 31 December 2024 92,115 12,900 105,015
NET BOOK VALUE
At 31 December 2024 49,711 3,863 53,574
At 31 December 2023 52,327 4,544 56,871

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 18,139 26,970
Other debtors 35,000 30,200
53,139 57,170

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other loans 10,012 10,012
Trade creditors 102,226 135,869
Social security and other taxes 688 753
VAT 2,699 3,206
Other creditors 199 199
Directors' current accounts 10,012 10,012
Accrued expenses - 1,659
125,836 161,710

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other loans - 1-2 years 4,800 14,938

8. RELATED PARTY DISCLOSURES


The Company is a wholly owned subsidiary of J Allcock & Sons Ltd .