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Company Registration No. 12483196 (England and Wales)
WESAT UK LTD Unaudited accounts for the year ended 28 February 2025
WESAT UK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WESAT UK LTD Company Information for the year ended 28 February 2025
Director
Osaigbovo Iyahen
Company Number
12483196 (England and Wales)
Registered Office
Lytchett House 13 Freeland Park Wareham Road, Poole, Dorset BH16 6FA England
Accountants
ROSAB Accounting and Tax Services 16 Northcote Road Gravesend Kent DA11 7BS
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WESAT UK LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Investments
5
5,723
5,723
Current assets
Cash at bank and in hand
20,058
22,109
Creditors: amounts falling due within one year
6
(350)
(710)
Net current assets
19,708
21,399
Total assets less current liabilities
25,431
27,122
Creditors: amounts falling due after more than one year
7
(34,813)
(39,243)
Net liabilities
(9,382)
(12,121)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(9,482)
(12,221)
Shareholders' funds
(9,382)
(12,121)
For the year ending 28 February 2025 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 his 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 12 October 2025 and were signed on its behalf by
Osaigbovo Iyahen Director Company Registration No. 12483196
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WESAT UK LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
WESAT UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12483196. The registered office is Lytchett House 13 Freeland Park, Wareham Road, , Poole, Dorset, BH16 6FA, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 March 2024
1,825
At 28 February 2025
1,825
Depreciation
At 1 March 2024
1,825
At 28 February 2025
1,825
Net book value
At 28 February 2025
-
5
Investments
Other investments
£
Valuation at 1 March 2024
5,723
Valuation at 28 February 2025
5,723
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WESAT UK LTD Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
350
350
Loans from directors
-
360
350
710
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
34,813
39,243
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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