REGISTERED NUMBER: 11391519 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Wefill Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

P M Aiston

REGISTERED OFFICE:

39 Mount Way

Waverton

Chester

CH3 7QF

REGISTERED NUMBER:

11391519 (England and Wales)

ACCOUNTANTS:

Dufton Kellner Limited

Chartered Accountants

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

FIXED ASSETS

Tangible assets

4

382,811

124,067

CURRENT ASSETS

Stocks

358,055

106,057

Debtors

5

948,076

859,814

Cash at bank

60,313

45,621

1,366,444

1,011,492

CREDITORS

Amounts falling due within one year

6

1,350,322

869,864

NET CURRENT ASSETS

16,122

141,628

TOTAL ASSETS LESS CURRENT LIABILITIES

398,933

265,695

CREDITORS

Amounts falling due after more than one year

7

(157,435

)

(13,683

)

PROVISIONS FOR LIABILITIES

(94,860

)

(29,989

)

NET ASSETS

146,638

222,023

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

146,538

221,923

146,638

222,023

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 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 Profit and loss account has not been delivered.

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

P M Aiston - Director

1.	STATUTORY INFORMATION

Wefill Ltd 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 44 (2024 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 February 2024

137,757

Additions

307,277

At 28 February 2025

445,034

DEPRECIATION

At 29 February 2024

13,690

Charge for year

48,533

At 28 February 2025

62,223

NET BOOK VALUE

At 28 February 2025

382,811

At 28 February 2024

124,067

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 29 February 2024

26,272

Additions

268,910

At 28 February 2025

295,182

DEPRECIATION

At 29 February 2024

5,531

Charge for year

34,612

At 28 February 2025

40,143

NET BOOK VALUE

At 28 February 2025

255,039

At 28 February 2024

20,741

5.

DEBTORS

28.2.25

28.2.24

£

£

Amounts falling due within one year:

Trade debtors

918,503

772,463

Other debtors

29,135

86,913

947,638

859,376

Amounts falling due after more than one year:

Other debtors

438

438

Aggregate amounts

948,076

859,814

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Hire purchase contracts

101,738

6,568

Trade creditors

497,951

375,351

Taxation and social security

99,093

79,409

Other creditors

651,540

408,536

1,350,322

869,864

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

28.2.24

£

£

Hire purchase contracts

157,435

13,683

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

28.2.24

£

£

Hire purchase contracts

259,173

20,251

The hire purchase liability is secured on the asset concerned.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2025 and the period ended 28 February 2024:

28.2.25

28.2.24

£

£

P M Aiston

Balance outstanding at start of year

1,000

1,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,000

1,000

The loan is interest free, unsecured and repayable on demand.

10.	RELATED PARTY DISCLOSURES

Staingard Limited

Staingard Limited is a related party due to Mr P Aiston being a shareholder and director in both companies.

During the financial year Wefill Limited has invoiced £538,474 net (2024 - £308,563) to Staingard Limited. Staingard Limited has invoiced £867,524 net (2024 - £547,957) to Wefill Limited.

Staingard Limited has re-charged various supplier invoices paid on behalf of Wefill Limited during the year.

Overall, Wefill Limited owes £641,945 (2024 - £405,541) to Staingard Limited at the year-end.

Detailing Industry Supplies Limited

Detailing Industry Supplies Limited is a related party due to Mr P Aiston being a shareholder and director in both companies.

During the financial year Wefill Limited has invoiced £11,446 net to Detailing Industry Supplies Limited.

Detailing Industry Supplies Limited has invoiced £35 net to Wefill Limited.

Overall, Wefill Limited is owed £11,908 from Detailing Industry Supplies Limited at the year-end.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wefill Ltd for the year ended 28 February 2025 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Wefill Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wefill Ltd and state those matters that we have agreed to state to the director of Wefill Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wefill Ltd and its director for our work or for this report.

It is your duty to ensure that Wefill Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Wefill Ltd. You consider that Wefill Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wefill Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dufton Kellner Limited

Chartered Accountants

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

20 November 2025