IRIS Accounts Production v25.1.3.33 07513045 director 1.3.24 28.2.25 28.2.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07513045 2024-02-29 07513045 2025-02-28 07513045 2024-03-01 2025-02-28 07513045 2023-02-28 07513045 2023-03-01 2024-02-29 07513045 2024-02-29 07513045 ns15:EnglandWales 2024-03-01 2025-02-28 07513045 ns14:PoundSterling 2024-03-01 2025-02-28 07513045 ns10:Director1 2024-03-01 2025-02-28 07513045 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07513045 ns10:SmallEntities 2024-03-01 2025-02-28 07513045 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07513045 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 07513045 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07513045 ns10:AbridgedAccounts 2024-03-01 2025-02-28 07513045 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 07513045 ns10:CompanySecretary1 2024-03-01 2025-02-28 07513045 ns10:RegisteredOffice 2024-03-01 2025-02-28 07513045 ns5:CurrentFinancialInstruments 2025-02-28 07513045 ns5:CurrentFinancialInstruments 2024-02-29 07513045 ns5:Non-currentFinancialInstruments 2025-02-28 07513045 ns5:Non-currentFinancialInstruments 2024-02-29 07513045 ns5:ShareCapital 2025-02-28 07513045 ns5:ShareCapital 2024-02-29 07513045 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-02-28 07513045 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-02-29 07513045 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 07513045 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 07513045 ns10:OrdinaryShareClass1 2025-02-28 07513045 1 ns10:Director1 2024-02-29 07513045 1 ns10:Director1 2023-02-28 07513045 1 ns10:Director1 2024-03-01 2025-02-28 07513045 1 ns10:Director1 2023-03-01 2024-02-29 07513045 1 ns10:Director1 2025-02-28 07513045 1 ns10:Director1 2024-02-29

REGISTERED NUMBER: 07513045 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 FEBRUARY 2025

FOR

WTEK LIMITED

| WTEK LIMITED (REGISTERED NUMBER: 07513045) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| WTEK LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTOR: | Miss R Radman

| SECRETARY: | Mr E Radman

| REGISTERED OFFICE: | 43 Avenue Road

| London

| N12 8PY

| REGISTERED NUMBER: | 07513045 (England and Wales)

| ACCOUNTANTS: | Workwell People Solutions Limited

| 4th Floor

| Radius House

| 51 Clarendon Road

| Watford

| Hertfordshire

| WD17 1HP

| WTEK LIMITED (REGISTERED NUMBER: 07513045) |

ABRIDGED BALANCE SHEET

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | - |  | 256 |  |

Investment property | 6 | 795,000 |  | 900,000 |  |

795,000 |  | 900,256 |  |

CURRENT ASSETS

Cash at bank | 4,595 |  | 11,977 |  |

CREDITORS

Amounts falling due within one year | 12,745 |  | 18,327 |  |

NET CURRENT LIABILITIES | (8,150 | ) | (6,350 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 786,850 |  | 893,906 |  |

CREDITORS

Amounts falling due after more than one year | - |  | (22,686 | ) |

PROVISIONS FOR LIABILITIES | (82,381 | ) | (102,331 | ) |

NET ASSETS | 704,469 |  | 768,889 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 1 |  | 1 |  |

Fair value reserve | 351,203 |  | 436,253 |  |

Retained earnings | 353,265 |  | 332,635 |  |

SHAREHOLDERS' FUNDS | 704,469 |  | 768,889 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

| WTEK LIMITED (REGISTERED NUMBER: 07513045) |

ABRIDGED BALANCE SHEET - continued

28 FEBRUARY 2025

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2025 and were signed by:

Miss R Radman - Director

| WTEK LIMITED (REGISTERED NUMBER: 07513045) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| WTEK LIMITED 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.

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 769 |  |

| DEPRECIATION

| At 1 March 2024 | 513 |  |

| Charge for year | 256 |  |

| At 28 February 2025 | 769 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  |

| At 29 February 2024 | 256 |  |

| WTEK LIMITED (REGISTERED NUMBER: 07513045) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024 | 900,000 |  |

| Revaluations | (105,000 | ) |

| At 28 February 2025 | 795,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | 795,000 |  |

| At 29 February 2024 | 900,000 |  |

| Fair value at 28 February 2025 is represented by:

£ |

| Valuation in 2020 | 88,584 |  |

| Valuation in 2021 | 280,000 |  |

| Valuation in 2022 | 45,000 |  |

| Valuation in 2023 | 125,000 |  |

| Valuation in 2025 | (105,000 | ) |

| Cost | 361,416 |  |

795,000 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 | 2024 |

£ | £ |

| Miss R Radman

| Balance outstanding at start of year | (307 | ) | (6,692 | ) |

| Amounts advanced | 5,000 |  | 16,710 |  |

| Amounts repaid | (6,812 | ) | (10,325 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (2,119 | ) | (307 | ) |