REGISTERED NUMBER: 08381605 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Webelectrix Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D M Cebula

REGISTERED OFFICE:

Tithe Barn Cottage

2-4 Manor Road

Mears Ashby

Northampton

Northamptonshire

NN6 0DU

REGISTERED NUMBER:

08381605 (England and Wales)

ACCOUNTANTS:

CDA Accountancy

Unit 11/12 Hall Farm

Sywell Aerodrome

Sywell

Northamptonshire

NN6 0BN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

27,440

38,458

27,440

38,458

CURRENT ASSETS

Debtors

6

3,510

6,301

Cash at bank

102,745

116,368

106,255

122,669

CREDITORS

Amounts falling due within one year

7

41,736

50,802

NET CURRENT ASSETS

64,519

71,867

TOTAL ASSETS LESS CURRENT LIABILITIES

91,959

110,325

CREDITORS

Amounts falling due after more than one year

8

(23,356

)

(30,893

)

PROVISIONS FOR LIABILITIES

(6,860

)

(9,615

)

NET ASSETS

61,743

69,817

CAPITAL AND RESERVES

Called up share capital

9

52

52

Retained earnings

61,691

69,765

SHAREHOLDERS' FUNDS

61,743

69,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

D M Cebula - Director

1.	STATUTORY INFORMATION

Webelectrix Ltd 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 2013, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

33% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

200,000

AMORTISATION

At 1 February 2024

and 31 January 2025

200,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

6,358

58,180

70,969

135,507

Additions

-

-

1,626

1,626

Disposals

(1,059

)

-

(38,999

)

(40,058

)

At 31 January 2025

5,299

58,180

33,596

97,075

DEPRECIATION

At 1 February 2024

4,401

33,635

59,013

97,049

Charge for year

979

4,909

6,756

12,644

Eliminated on disposal

(1,059

)

-

(38,999

)

(40,058

)

At 31 January 2025

4,321

38,544

26,770

69,635

NET BOOK VALUE

At 31 January 2025

978

19,636

6,826

27,440

At 31 January 2024

1,957

24,545

11,956

38,458

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2024

and 31 January 2025

58,180

DEPRECIATION

At 1 February 2024

33,635

Charge for year

4,909

At 31 January 2025

38,544

NET BOOK VALUE

At 31 January 2025

19,636

At 31 January 2024

24,545

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

2,520

5,279

Other debtors

990

1,022

3,510

6,301

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

6,980

5,871

Taxation and social security

19,524

24,123

Other creditors

15,232

20,808

41,736

50,802

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

23,356

30,893

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

50

Ordinary B

£1

50

50

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

52

52

10.	RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.