Wellspring Developments Ltd

(Registration number: 03773099)
Balance Sheet as at 31 August 2025

	2025 £	2024 £
Fixed assets	760,000	760,000
Current assets	6,085	52,306
Prepayments and accrued income	1,088	464
Creditors: Amounts falling due within one year	(268,001)	(305,384)
Net current liabilities	(260,828)	(252,614)
Total assets less current liabilities	499,172	507,386
Creditors: Amounts falling due after more than one year	(186,046)	(195,468)
Provisions for liabilities	(24,110)	(24,110)
Accruals and deferred income	(2,605)	(3,685)
	286,411	284,123
Capital and reserves	286,411	284,123

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Collingwood Buildings
38 Collingwood Street
Newcastle Upon Tyne
Tyne & Wear
NE1 1JF
England

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 1).

Wellspring Developments Ltd

(Registration number: 03773099)
Balance Sheet as at 31 August 2025

3	Related party transactions

Transactions with the director

2025

At 1 September 2024 £

At 31 August 2025 £

2024

At 1 September 2023 £

At 31 August 2024 £

Wellspring Developments Ltd

(Registration number: 03773099)
Balance Sheet as at 31 August 2025

For the financial year ending 31 August 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 May 2026
 

......................................... Mrs S Sandler Company secretary and director