Welbeck Furniture Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15844618

		29 July 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		4,463

			4,463
CURRENT ASSETS
Stocks	5	106,000
Debtors	6	120,675
Cash at bank and in hand		22,067

		248,742
Creditors: Amounts Falling Due Within One Year	7	(251,415 )

NET CURRENT ASSETS (LIABILITIES)			(2,673 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,790

PROVISIONS FOR LIABILITIES
Deferred Taxation			(848 )

NET ASSETS			942

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			842

SHAREHOLDERS' FUNDS			942

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Welbeck Furniture Ltd

Balance Sheet (continued)

As At 29 July 2025

For the period ending 29 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.

On behalf of the board

Mr B J Henshaw

Director

27 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Welbeck Furniture Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15844618 . The registered office is 2 Orchard Place, Nottingham Business Park, Nottingham, NG8 6PX.

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. 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.

2.3. 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	15% reducing balance
Motor Vehicles	25% reducing balance

2.4. 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.

2.5. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

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.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 8

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Welbeck Furniture Ltd

Notes to the Financial Statements (continued)

For the Period 17 July 2024 to 29 July 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 17 July 2024	-	-	-
Additions	3,067	1,667	4,734

As at 29 July 2025	3,067	1,667	4,734

Depreciation
As at 17 July 2024	-	-	-
Provided during the period	132	139	271

As at 29 July 2025	132	139	271

Net Book Value
As at 29 July 2025	2,935	1,528	4,463

As at 17 July 2024	-	-	-

5. Stocks

	29 July 2025
	£
Stock	106,000

6. Debtors

	29 July 2025
	£
Due within one year
Trade debtors	90,532
VAT	30,143

	120,675

7. Creditors: Amounts Falling Due Within One Year

	29 July 2025
	£
Trade creditors	18,086
Other creditors	217,112
Taxation and social security	16,217

	251,415

8. Share Capital

	29 July 2025
	£
Allotted, Called up and fully paid	100

9. Related Party Transactions

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