REGISTERED NUMBER: 03572015 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Welham Kitchens Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Welham

Mrs M Welham

SECRETARY:

P T Welham

REGISTERED OFFICE:

Zetland Building Longbeck

Trading Estate Marske By Sea

Redcar

Cleveland

TS11 6HB

REGISTERED NUMBER:

03572015 (England and Wales)

ACCOUNTANTS:

Milner Smeaton

Chartered Accountants and Chartered Tax Advisers

Viking House

Falcon Court

Preston Farm

Stockton-on-Tees

TS18 3TS

FIXED ASSETS

Tangible assets

4

338,959

360,614

CURRENT ASSETS

Stocks

57,658

53,905

Debtors

5

131,661

61,864

Cash at bank and in hand

164,958

190,095

354,277

305,864

CREDITORS

Amounts falling due within one year

6

211,780

162,177

NET CURRENT ASSETS

142,497

143,687

TOTAL ASSETS LESS CURRENT LIABILITIES

481,456

504,301

CREDITORS

Amounts falling due after more than one year

7

46,990

66,932

NET ASSETS

434,466

437,369

CAPITAL AND RESERVES

Called up share capital

100

4

Retained earnings

434,366

437,365

434,466

437,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

P J Welham - Director

1.	STATUTORY INFORMATION

Welham Kitchens Limited is a private company, limited by shares , registered in England and Wales. 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.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

243,529

297,905

541,434

Additions

-

3,209

3,209

At 31 May 2025

243,529

301,114

544,643

DEPRECIATION

At 1 June 2024

-

180,820

180,820

Charge for year

-

24,864

24,864

At 31 May 2025

-

205,684

205,684

NET BOOK VALUE

At 31 May 2025

243,529

95,430

338,959

At 31 May 2024

243,529

117,085

360,614

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

123,678

61,864

Other debtors

7,983

-

131,661

61,864

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

23,090

23,090

Trade creditors

29,446

32,603

Taxation and social security

56,532

49,576

Other creditors

102,712

56,908

211,780

162,177

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

46,990

66,932