Welmanne_Dival_Group_Ltd_31_Mar_2025_companies_house_set_of

Welmanne Dival Group Ltd

Statement of Financial Position

31 March 2025

		2025		2024
	Note	£		£
Fixed assets
Intangible assets	5	4,779		4,779
Tangible assets	6	485,894		435,133
Investments	7	65,061		65,061
		555,734		504,973
Current assets
Stocks		51,371		38,198
Debtors	8	14,072		17,766
Investments	9	1,138,528		1,094,175
Cash at bank and in hand		186,119		176,259
		1,390,090		1,326,398
Creditors: amounts falling due within one year	10	(81,077	)	(32,595	)
Net current assets		1,309,013		1,293,803
Total assets less current liabilities		1,864,747		1,798,776
Creditors: amounts falling due after more than one year	11	(32,973	)	(38,784	)
Net assets		1,831,774		1,759,992
Capital and reserves
Called up share capital		48,000		48,000
Revaluation reserve		540,673		489,912
Profit and loss account		1,243,101		1,222,080
Shareholders funds		1,831,774		1,759,992

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.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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.

These

financial statements

were approved by the board of directors and authorised for issue on

12 December 2025

, and are signed on behalf of the board by:

M De Vidal

Director

Company registration number:

08498409

Welmanne Dival Group Ltd

Notes to the Financial Statements

Year ended

31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Cardinal Point

Park Road

Rickmansworth

WD3 1RE

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

As a member of a small group, the company is exempt from the requirement to prepare group accounts. For this reason, the Accounts present information about the company as an individual undertaking not about its group. However, some information may be provided to indicate the position of the company with respect to other companies within its group.

Going concern

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment	15% on the written down value basis
Fixtures and fittings	15% on the written down value basis
Plant and machinery	15% on the written down value basis

Other accounting policies

(a) Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities, it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statement to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

(b) Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. The finance repayment is charged to the profit and loss account so as to produce a constant rate of charge on the net obligation in each period.

(c) Intragroup balances and any unrealised gains and losses or sale or profit arising from intragroup transactions are eliminated fully on consolidation.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

12.00

5 Intangible assets

	Other intangible assets
	£
Cost
At 1 April 2024 and 31 March 2025	4,779
Amortisation
At 1 April 2024 and 31 March 2025	-
Carrying amount
At 31 March 2025	4,779
At 31 March 2024	4,779

6 Tangible assets

	Land and buildings	Plant and machinery etc.	Total
	£	£	£
Cost or valuation
At 1 April 2024	430,228	28,754	458,982
Revaluations	51,627	-	51,627
At 31 March 2025	481,855	28,754	510,609
Depreciation
At 1 April 2024	-	23,849	23,849
Charge	-	866	866
At 31 March 2025	-	24,715	24,715
Carrying amount
At 31 March 2025	481,855	4,039	485,894
At 31 March 2024	430,228	4,905	435,133

7 Investments

	Loans to group undertakings and participating interests
	£
Cost
At 1 April 2024	65,061
At 31 March 2025	65,061
Impairment
At 1 April 2024 and 31 March 2025	-
Carrying amount
At 31 March 2025	65,061
At 31 March 2024	65,061

8 Debtors

	2025		2024
	£		£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	14,072		17,766

9 Investments

	2025		2024
	£		£
Other current asset investments	1,138,528		1,094,175

10 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,811	5,812
Trade creditors	-	1,592
Taxation and social security	73,674	23,599
Other creditors	1,592	1,592
	81,077	32,595

11 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans and overdrafts	32,973		38,784