Company Registration No. 08060863 (England and Wales)
WEADE LTD
Unaudited accounts
for the year ended 31 May 2025
WEADE LTD
Unaudited accounts
Contents
WEADE LTD
Company Information
for the year ended 31 May 2025
Director
Wale Elliot Adeyanju
Company Number
08060863 (England and Wales)
Registered Office
10 THE VIBE
175 BROUGHTON LANE
SALFORD
M7 1UD
Accountants
Wrights Consulting Ltd
14 Dovedale Road
Dartford
Kent
DA2 6JJ
WEADE LTD
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
105
397
Creditors: amounts falling due within one year
(3,033)
(1,123)
Net current assets
10,846
13,398
Total assets less current liabilities
10,846
13,398
Creditors: amounts falling due after more than one year
(26,141)
(28,590)
Provisions for liabilities
Net liabilities
(15,495)
(15,192)
Called up share capital
1
1
Profit and loss account
(15,496)
(15,193)
Shareholders' funds
(15,495)
(15,192)
For the year ending 31 May 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 17 November 2025 and were signed on its behalf by
Wale Elliot Adeyanju
Director
Company Registration No. 08060863
WEADE LTD
Notes to the Accounts
for the year ended 31 May 2025
WEADE LTD is a private company, limited by shares, registered in England and Wales, registration number 08060863. The registered office is 10 THE VIBE, 175 BROUGHTON LANE, SALFORD, M7 1UD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts have been prepared on a going concern basis.
Amounts falling due after more than one year
Trade debtors
13,774
14,124
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
3,033
773
6
Creditors: amounts falling due after more than one year
2025
2024
WEADE LTD
Notes to the Accounts
for the year ended 31 May 2025
7
Provisions for liabilities
£
Additional provisions made during the period
200
Being provision for accounting and tax service
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).