REGISTERED NUMBER: SC507187 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Well Data Acquisition Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Palmer

Mrs W J Palmer

REGISTERED OFFICE:

The Old School

Whiterashes

Aberdeenshire

AB21 0QP

REGISTERED NUMBER:

SC507187 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

4

29,941

37,427

CURRENT ASSETS

Debtors

5

218

29,423

Cash at bank

33,281

81,197

33,499

110,620

CREDITORS

Amounts falling due within one year

6

22,724

104,231

NET CURRENT ASSETS

10,775

6,389

TOTAL ASSETS LESS CURRENT LIABILITIES

40,716

43,816

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

40,714

43,814

SHAREHOLDERS' FUNDS

40,716

43,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2025 and were signed on its behalf by:

M Palmer - Director

1.	STATUTORY INFORMATION

Well Data Acquisition Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Plant and machinery etc

-

20% on reducing balance

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

58,479

DEPRECIATION

At 1 July 2024

21,052

Charge for year

7,486

At 30 June 2025

28,538

NET BOOK VALUE

At 30 June 2025

29,941

At 30 June 2024

37,427

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

-

29,310

Other debtors

218

113

218

29,423

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

3,320

3,359

Other creditors

19,404

100,872

22,724

104,231

7.	RELATED PARTY DISCLOSURES

During the year the directors advanced the company net amounts totalling £10,327 - this amount remained outstanding at 30/06/2025 and is included within other creditors in the notes to the accounts.

8.	ULTIMATE CONTROLLING PARTY

During the year the company was controlled by the director Martin Palmer by virtue of his and his family's 100% holding in the total share capital of the company.