WELWORTH STORE LIMITED

WELWORTH STORE LIMITED
Contents Page
For the year ended 28 February 2025

Statement of financial position	1
Notes to the financial statements	2

WELWORTH STORE LIMITED
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	105,729	114,660
		105,729	114,660
Current assets
Stocks		61,340	62,624
Debtors		50,731	10,754
Cash at bank and in hand		13,563	14,145
		125,634	87,523
Creditors: amount falling due within one year		(114,390)	(84,823)
Net current assets		11,244	2,700

Total assets less current liabilities		116,973	117,360
Creditors: amount falling due after more than one year		(40,382)	(70,881)
Provisions for liabilities		(402)	(37)
Net assets		76,189	46,442

Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		75,189	45,442
Shareholders' funds		76,189	46,442

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 November 2025 and were signed on its behalf by:

-------------------------------
Genhadeve Vimaleswaran
Director

1

WELWORTH STORE LIMITED
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

WELWORTH STORE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11189277, registration address 263 Conniburrow Boulevard, Conniburrow , Milton Keynes, MK14 7AF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 11 (2024 : 6).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Land and Buildings	Total
	£	£	£	£	£
At 01 March 2024	44,157	46,352	708	70,000	161,217
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
At 28 February 2025	44,157	46,352	708	70,000	161,217
Depreciation
At 01 March 2024	13,680	32,531	346	-	46,557
Charge for year	6,095	2,764	72	-	8,931
On disposals	-	-	-	-	-
At 28 February 2025	19,775	35,295	418	-	55,488
Net book values
Closing balance as at 28 February 2025	24,382	11,057	290	70,000	105,729
Opening balance as at 01 March 2024	30,477	13,821	362	70,000	114,660

The net book value of Land and Buildings includes £ 70,000 (2024 £70,000) in respect of assets leased under finance leases or hire purchase contracts.

2

Registered Number: 11189277
England and Wales
WELWORTH STORE LIMITED

Abridged Accounts

Period of accounts Start date: 01 March 2024 End date: 28 February 2025