Company Registration No. 8315215 (England and Wales)
Wellbrook Management Limited
Unaudited accounts
for the year ended 31 December 2024
Wellbrook Management Limited
Unaudited accounts
Contents
Wellbrook Management Limited
Company Information
for the year ended 31 December 2024
Director
Carmel Patrica TIMMINS
Company Number
8315215 (England and Wales)
Registered Office
Winton House
Winton Square
Basingstoke
HAMPSHIRE
RG21 8EN
United Kingdom
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
Wellbrook Management Limited
Statement of financial position
as at 31 December 2024
Tangible assets
11,524
15,366
Creditors: amounts falling due within one year
(1,053)
21,650
Net current assets
8,605
22,158
Called up share capital
1
1
Profit and loss account
20,128
37,523
Shareholders' funds
20,129
37,524
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 February 2025 and were signed on its behalf by
Carmel Patrica TIMMINS
Director
Company Registration No. 8315215
Wellbrook Management Limited
Notes to the Accounts
for the year ended 31 December 2024
Wellbrook Management Limited is a private company, limited by shares, registered in England and Wales, registration number 8315215. The registered office is Winton House, Winton Square, Basingstoke, HAMPSHIRE, RG21 8EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
19,569
3,914
23,483
At 31 December 2024
19,569
3,914
23,483
At 1 January 2024
4,892
3,225
8,117
Charge for the year
3,669
173
3,842
At 31 December 2024
8,561
3,398
11,959
At 31 December 2024
11,008
516
11,524
At 31 December 2023
14,677
689
15,366
Wellbrook Management Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
-
(22,580)
7
Transactions with related parties
The related party was director and shareholder Carmel Timmins, during the year the only related party transactions were for expenditure incurred personally on behalf of the business. During the financial year, a loan of £22,580 was extended to director. Interest and tax have been calculated on the remaining balance at the official statutory rate and in compliance with statutory regulations.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).