REGISTERED NUMBER: NI690663 (Northern Ireland)

WFM Solutions Ltd

Unaudited Financial Statements

for the Period 1 July 2024 to 31 March 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

Ms F Hughes

MR W F Mackey

Mr R Mackey

Registered office:

139 Banbridge Road

Dromore

BT25 1NF

Registered number:

NI690663 (Northern Ireland)

Accountants:

Exchange Accountants Limited

Chartered Certified Accountants

Oakmont House

2 Queens Road

Lisburn

BT27 4TZ

Bankers:

Ulster Bank

86 Hill Street

Newry

BT34 1BT

Current assets

Stocks

83,900

78,768

Debtors

4

398,225

362,295

Cash at bank and in hand

10,359

5,031

492,484

446,094

Creditors

Amounts falling due within one year

5

(479,735

)

(440,610

)

Net current assets

12,749

5,484

Total assets less current liabilities

12,749

5,484

Capital and reserves

Called up share capital

100

100

Retained earnings

12,649

5,384

12,749

5,484

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

Ms F Hughes - Director

1.	Statutory information

WFM Solutions Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

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 period was 6 (2024 - 6 ) .

4.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

393,033

358,378

Other debtors

5,192

3,917

398,225

362,295

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

49,752

49,841

Trade creditors

383,163

365,009

Taxation and social security

35,875

23,951

Other creditors

10,945

1,809

479,735

440,610