ACCOUNTS - Final Accounts

Registered number: 09061372

WELLINGTON BUILDING AND MAINTENANCE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025


WELLINGTON BUILDING AND MAINTENANCE LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 5


WELLINGTON BUILDING AND MAINTENANCE LIMITED REGISTERED NUMBER:09061372

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible fixed assets	4		209		349
Current assets
Debtors: amounts falling due within one year	5	3,401		360
Cash at bank and in hand		1,088		4,864
		4,489		5,224
Current liabilities
Creditors: amounts falling due within one year	6	(3,946)		(5,190)
Net current assets			543		34

Net assets			752		383

Capital and reserves
Called up share capital	7	200	200
Profit and loss account		552	183
		752	383

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 October 2025.

R Allison

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


WELLINGTON BUILDING AND MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Wellington Building and Maintenance Limited is a private limited liability company incorporated in England and Wales, with its registered office and principal place of business at 53a Bathurst Mews, London, W2 2SB.
The principal activity of the Company during the period was that of property builder and management, painter and decorator.
The Company's functional and presentational currency is £ Sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the Company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
Building and decorating revenue is recognised as contract activity progresses to reflect the value of work carried out during the period. Amounts received in advance are carried forward until recognised as turnover. Revenue from building contracts is recognised as the contract activity progresses. Turnover is calculated as the value of work undertaken up to the reporting date.
Expenses recharged are recognised when the expenses are incurred.
Property management fees are recognised in the period in which the services are provided.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2


WELLINGTON BUILDING AND MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as detailed below.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	25%	Straight line method
				Office equipment	-	25%	Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

3.	Employees
	The director was the only employee of the Company during the current and preceding year.

Page 3


WELLINGTON BUILDING AND MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost
At 1 April 2024	11,039	864	11,903
At 31 March 2025	11,039	864	11,903
Depreciation
At 1 April 2024	11,039	515	11,554
Charge for the year on owned assets	-	140	140
At 31 March 2025	11,039	655	11,694
Net book value
At 31 March 2025	-	209	209
At 31 March 2024	-	349	349

Debtors

					2025	2024
					£	£

Trade debtors	-	360
Other debtors	3,401	-
	3,401	360

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	10
Taxation and social security	1,078	2,324
Other creditors	38	523
Accruals and deferred income	2,830	2,333
	3,946	5,190

Page 4


WELLINGTON BUILDING AND MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

200 (2024 - 200) Ordinary shares of £1 each	200	200

Page 5