Company Registration No. 09361679 (England and Wales)
Welland Valley Investment Company Limited
Unaudited accounts
for the year ended 31 March 2025
Welland Valley Investment Company Limited
Unaudited accounts
Contents
Welland Valley Investment Company Limited
Statement of financial position
as at 31 March 2025
Debtors
1,092,522
1,506,277
Cash at bank and in hand
511
60
Creditors: amounts falling due within one year
(45,830)
(239,002)
Net current assets
1,047,203
1,267,335
Net assets
1,058,815
1,277,436
Called up share capital
1
1
Profit and loss account
1,058,814
1,277,435
Shareholders' funds
1,058,815
1,277,436
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2025 and were signed on its behalf by
John Julian Edward March Phillipps de Lisle
Director
Company Registration No. 09361679
Welland Valley Investment Company Limited
Notes to the Accounts
for the year ended 31 March 2025
Welland Valley Investment Company Limited is a private company, limited by shares, registered in England and Wales, registration number 09361679. The registered office is CAREYS HOUSE 4 CHURCH LANE, BARROWDEN, OAKHAM, RUTLAND, LE15 8ED.
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 financial statements present information about the company as an individual undertaking and not about its group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.
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 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 April 2024
101
10,000
10,101
Fair value adjustments
-
1,511
1,511
Valuation at 31 March 2025
101
11,511
11,612
Welland Valley Investment Company Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
952,422
925,722
Accrued income and prepayments
100
100
Other debtors
140,000
580,455
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(1,376)
234,901
Loans from directors
43,105
-
Allotted, called up and fully paid:
50 Ordinary A Shares of £0.01 each
0.50
0.50
50 Ordinary B Shares of £0.01 each
0.50
0.50
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).