IRIS Accounts Production v25.2.0.378 SC436262 director 1.12.23 30.11.24 30.11.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4362622023-11-30SC4362622024-11-30SC4362622023-12-012024-11-30SC4362622022-11-30SC4362622022-12-012023-11-30SC4362622023-11-30SC436262ns15:Scotland2023-12-012024-11-30SC436262ns14:PoundSterling2023-12-012024-11-30SC436262ns10:Director12023-12-012024-11-30SC436262ns10:PrivateLimitedCompanyLtd2023-12-012024-11-30SC436262ns10:SmallEntities2023-12-012024-11-30SC436262ns10:AuditExemptWithAccountantsReport2023-12-012024-11-30SC436262ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-30SC436262ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-30SC436262ns10:FullAccounts2023-12-012024-11-30SC436262ns10:OrdinaryShareClass12023-12-012024-11-30SC436262ns10:RegisteredOffice2023-12-012024-11-30SC436262ns5:CurrentFinancialInstruments2024-11-30SC436262ns5:CurrentFinancialInstruments2023-11-30SC436262ns5:ShareCapital2024-11-30SC436262ns5:ShareCapital2023-11-30SC436262ns5:RevaluationReserve2024-11-30SC436262ns5:RevaluationReserve2023-11-30SC436262ns5:RetainedEarningsAccumulatedLosses2024-11-30SC436262ns5:RetainedEarningsAccumulatedLosses2023-11-30SC436262ns5:FurnitureFittings2023-12-012024-11-30SC436262ns5:MotorVehicles2023-12-012024-11-30SC436262ns5:ComputerEquipment2023-12-012024-11-30SC436262ns5:FurnitureFittings2023-11-30SC436262ns5:MotorVehicles2023-11-30SC436262ns5:ComputerEquipment2023-11-30SC436262ns5:FurnitureFittings2024-11-30SC436262ns5:MotorVehicles2024-11-30SC436262ns5:ComputerEquipment2024-11-30SC436262ns5:FurnitureFittings2023-11-30SC436262ns5:MotorVehicles2023-11-30SC436262ns5:ComputerEquipment2023-11-30SC436262ns5:CostValuation2023-11-30SC436262ns5:AdditionsToInvestments2024-11-30SC436262ns5:DisposalsRepaymentsInvestments2024-11-30SC436262ns5:RevaluationsIncreaseDecreaseInInvestments2024-11-30SC436262ns5:CostValuation2024-11-30SC436262ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-30SC436262ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30SC436262ns10:OrdinaryShareClass12024-11-30SC436262ns5:RetainedEarningsAccumulatedLosses2023-11-30SC436262ns5:RevaluationReserve2023-11-30SC436262ns5:RetainedEarningsAccumulatedLosses2023-12-012024-11-30SC4362621ns10:Director12023-11-30SC4362621ns10:Director12022-11-30SC4362621ns10:Director12023-12-012024-11-30SC4362621ns10:Director12022-12-012023-11-30SC4362621ns10:Director12024-11-30SC4362621ns10:Director12023-11-30
REGISTERED NUMBER: SC436262 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

WELL ADVANCED SOLUTIONS LTD

WELL ADVANCED SOLUTIONS LTD (REGISTERED NUMBER: SC436262)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 7

WELL ADVANCED SOLUTIONS LTD

Company Information
for the Year Ended 30 November 2024







DIRECTOR: R A Graham





REGISTERED OFFICE: 14 Earlspark Road
Bieldside
Aberdeen
AB15 9BZ





REGISTERED NUMBER: SC436262 (Scotland)





ACCOUNTANTS: Enrich Tax Consultancy Ltd
4 Kingshill Park
Venture Drive
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6FL

WELL ADVANCED SOLUTIONS LTD (REGISTERED NUMBER: SC436262)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,718 11,251
Investments 5 - 385,027
1,718 396,278

CURRENT ASSETS
Debtors 6 710,486 85,413
Cash at bank 323,025 336,913
1,033,511 422,326
CREDITORS
Amounts falling due within one year 7 83,227 50,134
NET CURRENT ASSETS 950,284 372,192
TOTAL ASSETS LESS CURRENT
LIABILITIES

952,002

768,470

PROVISIONS FOR LIABILITIES 429 3,752
NET ASSETS 951,573 764,718

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 - 4,653
Retained earnings 9 951,473 759,965
SHAREHOLDERS' FUNDS 951,573 764,718

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 27 August 2025 and were signed by:





R A Graham - Director


WELL ADVANCED SOLUTIONS LTD (REGISTERED NUMBER: SC436262)

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

1. STATUTORY INFORMATION

Well Advanced Solutions Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

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.

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.

Investments
Investments in shares are included at fair value.

Foreign exchange
Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction.

Balances at the year end denominated in a foreign currency are translated into sterling at the rate of exchange ruling at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

WELL ADVANCED SOLUTIONS LTD (REGISTERED NUMBER: SC436262)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 134 48,370 6,410 54,914
Additions - - 1,624 1,624
Disposals - - (2,643 ) (2,643 )
At 30 November 2024 134 48,370 5,391 53,895
DEPRECIATION
At 1 December 2023 114 37,789 5,760 43,663
Charge for year 5 10,581 571 11,157
Eliminated on disposal - - (2,643 ) (2,643 )
At 30 November 2024 119 48,370 3,688 52,177
NET BOOK VALUE
At 30 November 2024 15 - 1,703 1,718
At 30 November 2023 20 10,581 650 11,251

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2023 385,027
Additions 12,000
Disposals (326,000 )
Revaluations (71,027 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 385,027

Cost or valuation at 30 November 2024 is represented by:

Other
investments
£   
Valuation in 2016 5,816
Valuation in 2017 8,829
Valuation in 2018 (2,809 )
Valuation in 2019 12,424
Valuation in 2020 28,824
Valuation in 2021 60,101
Valuation in 2022 (33,995 )
Valuation in 2023 (8,163 )
Valuation in 2024 (71,027 )

WELL ADVANCED SOLUTIONS LTD (REGISTERED NUMBER: SC436262)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 160,404 84,249
Directors' current accounts 549,744 -
VAT - 387
Accrued income - 449
Prepayments 338 328
710,486 85,413

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Tax 80,799 46,921
Social security and other taxes - 677
VAT 548 -
Other creditors 46 492
Directors' current accounts - 230
Accrued expenses 1,834 1,814
83,227 50,134

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 December 2023 759,965 4,653 764,618
Profit for the year 226,855 226,855
Dividends (40,000 ) (40,000 )
Revaluation 4,653 (4,653 ) -
At 30 November 2024 951,473 - 951,473

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
R A Graham
Balance outstanding at start of year (230 ) (230 )
Amounts advanced 550,074 -
Amounts repaid (100 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 549,744 (230 )

This loan is interest free and repayable on demand.

WELL ADVANCED SOLUTIONS LTD (REGISTERED NUMBER: SC436262)

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

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R A Graham.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Well Advanced Solutions Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Well Advanced Solutions Ltd for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Well Advanced Solutions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Well Advanced Solutions Ltd and state those matters that we have agreed to state to the director of Well Advanced Solutions Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/gb/en/technical-activities/technical-resources-
search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Well Advanced Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Well Advanced Solutions Ltd. You consider that Well Advanced Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Well Advanced Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Enrich Tax Consultancy Ltd
4 Kingshill Park
Venture Drive
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6FL


27 August 2025