REGISTERED NUMBER: 05394846 (England and Wales)

Unaudited Cessation Financial Statements

for the Period

1 April 2024 to 30 April 2025

for

Webfell (Minerals) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Grainger

M G Shinners

REGISTERED OFFICE:

Boston House

Grove Business Park

Wantage

Oxfordshire

OX12 9FF

REGISTERED NUMBER:

05394846 (England and Wales)

ACCOUNTANTS:

Aspen Waite South Ltd

Boston House

Grove Business Park

Wantage

Oxfordshire

OX12 9FF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

21,038

-

21,038

CURRENT ASSETS

Debtors

6

644,150

408,024

Cash at bank

-

154,208

644,150

562,232

CREDITORS

Amounts falling due within one year

7

32,277

37,216

NET CURRENT ASSETS

611,873

525,016

TOTAL ASSETS LESS CURRENT LIABILITIES

611,873

546,054

PROVISIONS FOR LIABILITIES

-

3,997

NET ASSETS

611,873

542,057

CAPITAL AND RESERVES

Called up share capital

8

103

103

Retained earnings

611,770

541,954

SHAREHOLDERS' FUNDS

611,873

542,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

M G Shinners - Director

1.	STATUTORY INFORMATION

Webfell (Minerals) 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of one years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

Going concern

The company has ceased trading since the balance sheet date. The financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company's assets down to net realisable value. Provisions have also been made in respect of contracts which have become onerous at the reporting date. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

1

Disposals

(1

)

At 30 April 2025

-

AMORTISATION

At 1 April 2024

1

Eliminated on disposal

(1

)

At 30 April 2025

-

NET BOOK VALUE

At 30 April 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

104,944

2,056

27,894

134,894

Disposals

(104,944

)

(2,056

)

(27,894

)

(134,894

)

At 30 April 2025

-

-

-

-

DEPRECIATION

At 1 April 2024

93,069

1,651

19,136

113,856

Eliminated on disposal

(93,069

)

(1,651

)

(19,136

)

(113,856

)

At 30 April 2025

-

-

-

-

NET BOOK VALUE

At 30 April 2025

-

-

-

-

At 31 March 2024

11,875

405

8,758

21,038

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

31.3.24

£

£

Trade debtors

-

45,433

Other debtors

644,150

362,591

644,150

408,024

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

31.3.24

£

£

Trade creditors

-

7,110

Taxation and social security

32,277

86

Other creditors

-

30,020

32,277

37,216

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

31.3.24

value:

£

£

100

Ordinary A

1

100

100

2

Ordinary B

1

2

2

1

Non Voting C

1

1

1

103

103