REGISTERED NUMBER: 10643684 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

WELDRITE GROUP LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Investments

4

200

200

Current assets

Debtors

5

111,108

83,805

Cash at bank and in hand

149

120

111,257

83,925

Creditors

Amounts falling due within one year

6

56,671

28,458

Net current assets

54,586

55,467

Total assets less current liabilities

54,786

55,667

Capital and reserves

Called up share capital

7

300

300

Retained earnings

54,486

55,367

Shareholders' funds

54,786

55,667

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

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

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2025 and were signed by:

Mr S C Dyke - Director

1.	Statutory information

Weldrite Group Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10643684. The registered office and business address is Construction House, 1A Allens Lane, Poole, Dorset, BH16 5DG.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year 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 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 year 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiaries comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 April 2024

and 31 March 2025

200

Net book value

At 31 March 2025

200

At 31 March 2024

200

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Directors' current accounts

111,108

83,805

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

126

101

Amounts owed to group undertakings

55,855

27,697

Accruals and deferred income

690

660

56,671

28,458

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300

Ordinary

£1

300

300

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr S C Dyke

Balance outstanding at start of year

83,805

56,556

Amounts advanced

111,108

83,805

Amounts repaid

(83,805

)

(56,556

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

111,108

83,805

At the year end the director, Mr S Dyke, owed the company amounts totalling £111,108 (2024: £83,805), which are included within debtors: amounts falling due within one year. The amount owing at the year end was the maximum amount owing throughout the year.

9.	Ultimate controlling party

The company is under the control of the director, Mr S Dyke, and his wife, Mrs C Dyke, due to their combined holding of 100% of the share capital of the company.