WeSoar Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11932816 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

WESOAR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Nisheeth Pathak

REGISTERED OFFICE:

Office One

1 Coldbath Square

Farringdon

London

EC1R 5HL

REGISTERED NUMBER:

11932816 (England and Wales)

ACCOUNTANTS:

Ark&Co Ltd

Chartered Accountants & Chartered Tax Advisers

The Maltings

2 Anderson Rd

Bearwood

Birmingham

West Midlands

B66 4AR

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

8,195

9,866

8,195

9,866

CURRENT ASSETS

Debtors

6

341,514

54,014

Cash at bank

113,640

45,421

455,154

99,435

CREDITORS

Amounts falling due within one year

7

387,532

567,357

NET CURRENT ASSETS/(LIABILITIES)

67,622

(467,922

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

75,817

(458,056

)

CAPITAL AND RESERVES

Called up share capital

8

230,240

210,300

Share premium

438,812

Other reserves

294

Retained earnings

(593,529

)

(1,107,462

)

SHAREHOLDERS' FUNDS

75,817

(458,056

)

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

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

The director acknowledges his 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 director and authorised for issue on 30 January 2026 and were signed by:

Mr Nisheeth Pathak - Director

1.	STATUTORY INFORMATION

WeSoar 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipments straight line over 4 years

Computer equipments straight line over 3 years

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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Website

development

costs

£

COST

At 1 October 2024

and 30 September 2025

12,224

AMORTISATION

At 1 October 2024

and 30 September 2025

12,224

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 October 2024

and 30 September 2025

114

26,508

26,622

DEPRECIATION

At 1 October 2024

114

16,642

16,756

Charge for year

-

1,671

At 30 September 2025

114

18,313

18,427

NET BOOK VALUE

At 30 September 2025

-

8,195

At 30 September 2024

-

9,866

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

316,081

28,106

Other debtors

268

Tax

23,653

VAT

1,512

1,987

341,514

54,014

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

73,169

26,140

Social security and other taxes

185

1,957

Other creditors

163,659

167,905

Directors' current accounts

150,519

198,517

Accruals and deferred income

-

172,838

387,532

567,357

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

985,361

Ordinary

£0.20

197,072

25,500

A Ordinary

£0.20

5,100

40,639

E Ordinary

£0.20

8,128

210,300

9.	RELATED PARTY DISCLOSURES

The following companies are related to WeSoar Limited

£162,506.94 borrowed from WeSoar India Private Limited

£103,418.17 charged for consultancy fee by WeSoar Middle East LLC

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Nisheeth Pathak.