Acorah Software Products - Accounts Production 19.1.200 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 06051238 Mr Daimon Wellington Mrs Carmela Wellington iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06051238 2024-07-31 06051238 2025-07-31 06051238 2024-08-01 2025-07-31 06051238 frs-core:CurrentFinancialInstruments 2025-07-31 06051238 frs-core:ComputerEquipment 2025-07-31 06051238 frs-core:ComputerEquipment 2024-08-01 2025-07-31 06051238 frs-core:ComputerEquipment 2024-07-31 06051238 frs-core:FurnitureFittings 2025-07-31 06051238 frs-core:FurnitureFittings 2024-08-01 2025-07-31 06051238 frs-core:FurnitureFittings 2024-07-31 06051238 frs-core:MotorVehicles 2025-07-31 06051238 frs-core:MotorVehicles 2024-08-01 2025-07-31 06051238 frs-core:MotorVehicles 2024-07-31 06051238 frs-core:PlantMachinery 2025-07-31 06051238 frs-core:PlantMachinery 2024-08-01 2025-07-31 06051238 frs-core:PlantMachinery 2024-07-31 06051238 frs-core:ShareCapital 2025-07-31 06051238 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 06051238 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 06051238 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 06051238 frs-bus:SmallEntities 2024-08-01 2025-07-31 06051238 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 06051238 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 06051238 frs-bus:OrdinaryShareClass1 2024-08-01 2025-07-31 06051238 frs-bus:OrdinaryShareClass1 2025-07-31 06051238 frs-bus:Director1 2024-08-01 2025-07-31 06051238 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 06051238 frs-countries:EnglandWales 2024-08-01 2025-07-31 06051238 2023-07-31 06051238 2024-07-31 06051238 2023-08-01 2024-07-31 06051238 frs-core:CurrentFinancialInstruments 2024-07-31 06051238 frs-core:ShareCapital 2024-07-31 06051238 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06051238 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31
Registered number: 06051238
Wellington Tube Supplies Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Wellington Tube Supplies Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Wellington Tube Supplies Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 06051238

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 23,754 |  | 31,541
|  |  | 23,754 |  | 31,541
CURRENT ASSETS
Stocks | 5 | 25,390 |  | 36,250 |
Debtors | 6 | 795,842 |  | 1,544,155 |
Cash at bank and in hand |  | 713,499 |  | 800,615 |
|  | 1,534,731 |  | 2,381,020 |
Creditors: Amounts Falling Due Within One Year | 7 | (292,163 ) |  | (168,600 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,242,568 |  | 2,212,420
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,266,322 |  | 2,243,961
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (4,849 ) |  | (6,699 )
NET ASSETS |  |  | 1,261,473 |  | 2,237,262
CAPITAL AND RESERVES
Called up share capital | 8 |  | 50 |  | 100
Profit and Loss Account |  |  | 1,261,423 |  | 2,237,162
SHAREHOLDERS' FUNDS |  |  | 1,261,473 |  | 2,237,262

Page 1
Page 2
Wellington Tube Supplies Ltd
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 22 April 2026 and were signed on its behalf by:

Mr Daimon Wellington Director
22 April 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Wellington Tube Supplies Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Wellington Tube Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06051238 . The registered office is Wellington House 1 Betam Road, Hayes, Middlesex, UB3 1SR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 25% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 33.33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the asset, and is credited or charged to profit or loss.
Page 3
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Wellington Tube Supplies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.6. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At each reporting date, an assessment is made for impairment. Any exess of the carrying amount of stocks over its
estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of
impairment losses are also recognised in profit or loss.
2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other
Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to
realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after
deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that
are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing
transaction, where the debt instrument is measured at the present value of the future payments discounted at a
market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not,
they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and
subsequently measured at amortised cost using the effective interest method.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Page 4
Page 5
Wellington Tube Supplies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.9. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks,
other short-term highly liquid investments that mature in no more than three months from the date of acquisition and
are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.10. Employee Benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required
to be recognised as part of the cost of stock of fixed assets.
2.11. Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends
payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 9)
8 9
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 August 2024 | 54,354 | 9,967 | 44,638 | 9,817 | 118,776
Additions | - | - | 150 | 1,007 | 1,157
As at 31 July 2025 | 54,354 | 9,967 | 44,788 | 10,824 | 119,933
Depreciation
As at 1 August 2024 | 45,622 | 9,219 | 25,742 | 6,652 | 87,235
Provided during the period | 2,183 | 187 | 4,734 | 1,840 | 8,944
As at 31 July 2025 | 47,805 | 9,406 | 30,476 | 8,492 | 96,179
Net Book Value
As at 31 July 2025 | 6,549 | 561 | 14,312 | 2,332 | 23,754
As at 1 August 2024 | 8,732 | 748 | 18,896 | 3,165 | 31,541

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 25,390 |  | 36,250

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 253,461 |  | 332,300
Amounts owed by group undertakings | 531,803 |  | 531,803
Other debtors | 10,578 |  | 680,052
| 795,842 |  | 1,544,155

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Wellington Tube Supplies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 214,137 |  | 140,402
Other creditors | 2,400 |  | 2,400
Taxation and social security | 75,626 |  | 25,798
| 292,163 |  | 168,600

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
50 Ordinary Shares of £ 1.00 each | 50 |  | 100

Shares disposed during the period: | £
50 Ordinary Shares of £ 1.00 each | (50)

9. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 165,400 |  | 78,000

10. Related Party Transactions
Wellington Property Investments LtdCompany is under common control of Director and Shareholder.There were no transactions made this year, and loan extended to Wellington Property Investments Ltd stands at £531,803 (2024 - £531,803)

Wellington Property Investments Ltd

Company is under common control of Director and Shareholder.

There were no transactions made this year, and loan extended to Wellington Property Investments Ltd stands at £531,803 (2024 - £531,803)

During the year Sole Director and shareholder was paid Dividends of £165,400 (2024: 78,000). Company also contributed to SIPP for directors worth £40,000 (2024 – Nil) during the year.
Page 6