Registration number: 07468761

Wells Film Construction Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 5

Wells Film Construction Limited

Company Information

Director

A Wells

Registered office

21 Torcross Road Ruislip HA4 0TA

Wells Film Construction Limited

(Registration number: 07468761)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	3	7,718	856
Investments		3,000	1,200
		10,718	2,056
Current assets
Debtors		15,517	19,993
Cash at bank and in hand		15,615	1,368
		31,132	21,361
Creditors: Amounts falling due within one year		(27,169)	(15,201)
Net current assets		3,963	6,160
Total assets less current liabilities		14,681	8,216
Creditors: Amounts falling due after more than one year		(3,048)	(6,836)
Provisions for liabilities		(1,929)	(95)
Net assets		9,704	1,285
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		8,704	285
Shareholders' funds		9,704	1,285

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Wells Film Construction Limited

(Registration number: 07468761)
Abridged Balance Sheet as at 31 December 2024

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 23 September 2025
 

......................................... A Wells Director

Wells Film Construction Limited

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

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Fixtures and fittings	20% straight line
Office equipment	33.33% straight line

Wells Film Construction Limited

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

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

3	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 January 2024	15,005	13,790	10,185	38,980
Additions	3,550	-	7,317	10,867
At 31 December 2024	18,555	13,790	17,502	49,847
Depreciation
At 1 January 2024	14,149	13,790	10,184	38,123
Charge for the year	1,566	-	2,440	4,006
At 31 December 2024	15,715	13,790	12,624	42,129
Carrying amount
At 31 December 2024	2,840	-	4,878	7,718
At 31 December 2023	856	-	-	856

4	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	1,000	1,000	1,000	1,000