Company Registration No. 14167116 (England and Wales)
Wedo Technology Solutions Limited
Unaudited accounts
for the year ended 30 June 2025
Wedo Technology Solutions Limited
Unaudited accounts
Contents
Wedo Technology Solutions Limited
Company Information
for the year ended 30 June 2025
Directors
Mr J D Cole
Mr R Speed
Company Number
14167116 (England and Wales)
Registered Office
Orega 33
Colston Avenue
Bristol
BS1 4UA
United Kingdom
Accountants
Link Accounting Limited
Bloxham Mill Business Centre
Barford Road
Bloxham
Oxfordshire
OX15 4FF
Wedo Technology Solutions Limited
Statement of financial position
as at 30 June 2025
Intangible assets
1,574
2,425
Tangible assets
28,902
3,421
Cash at bank and in hand
354,962
158,400
Creditors: amounts falling due within one year
(217,183)
(115,411)
Net current assets
320,651
139,283
Total assets less current liabilities
351,127
145,129
Provisions for liabilities
Net assets
343,901
145,129
Called up share capital
100
100
Profit and loss account
343,801
145,029
Shareholders' funds
343,901
145,129
For the year ending 30 June 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 11 December 2025 and were signed on its behalf by
Mr R Speed
Director
Company Registration No. 14167116
Wedo Technology Solutions Limited
Notes to the Accounts
for the year ended 30 June 2025
Wedo Technology Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 14167116. The registered office is Orega 33, Colston Avenue, Bristol, BS1 4UA, United Kingdom.
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.
These financial statements for the year ended 30 June 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation and amortised over 5 years on a straight line basis.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Wedo Technology Solutions Limited
Notes to the Accounts
for the year ended 30 June 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
-
486
6,294
6,780
Additions
25,990
-
2,545
28,535
At 30 June 2025
25,990
486
8,839
35,315
At 1 July 2024
-
146
3,213
3,359
Charge for the year
541
97
2,416
3,054
At 30 June 2025
541
243
5,629
6,413
At 30 June 2025
25,449
243
3,210
28,902
At 30 June 2024
-
340
3,081
3,421
Amounts falling due within one year
Trade debtors
176,200
86,940
Accrued income and prepayments
3,656
3,436
Wedo Technology Solutions Limited
Notes to the Accounts
for the year ended 30 June 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,613
-
Trade creditors
11,594
8,991
Taxes and social security
108,149
50,385
Loans from directors
18,650
4,111
8
Operating lease commitments
2025
2024
At 30 June 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
59,898
51,997
Later than one year and not later than five years
18,523
58,009
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).