REGISTERED NUMBER: 08430196 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WELLERS FINANCIAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

K M McClumpha

D S McClumpha

REGISTERED OFFICE:

3 Blacklands Crescent

Forest Row

East Sussex

RH18 5NN

REGISTERED NUMBER:

08430196 (England and Wales)

ACCOUNTANTS:

Charles Lamb

Chartered Accountants

3 Blacklands Crescent

Forest Row

East Sussex

RH18 5NN

FIXED ASSETS

Tangible assets

4

1,442

1,673

Investments

5

324,629

394,827

326,071

396,500

CURRENT ASSETS

Debtors

6

3,572,936

3,502,156

Cash at bank

75,076

109,995

3,648,012

3,612,151

CREDITORS

Amounts falling due within one year

7

3,331,410

3,597,103

NET CURRENT ASSETS

316,602

15,048

TOTAL ASSETS LESS CURRENT LIABILITIES

642,673

411,548

PROVISIONS FOR LIABILITIES

360

418

NET ASSETS

642,313

411,130

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

642,263

411,080

SHAREHOLDERS' FUNDS

642,313

411,130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 24 July 2026 and were signed on its behalf by:

D S McClumpha - Director

1.	STATUTORY INFORMATION

Wellers Financial 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.

Plant and machinery etc

-

25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

3,346

Additions

947

Disposals

(419

)

At 31 January 2026

3,874

DEPRECIATION

At 1 February 2025

1,673

Charge for year

968

Eliminated on disposal

(209

)

At 31 January 2026

2,432

NET BOOK VALUE

At 31 January 2026

1,442

At 31 January 2025

1,673

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

394,827

Disposals

(8,049

)

Impairments

(62,149

)

At 31 January 2026

324,629

NET BOOK VALUE

At 31 January 2026

324,629

At 31 January 2025

394,827

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,122,538

3,354,936

Other debtors

450,398

147,220

3,572,936

3,502,156

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

95,925

70,931

Other creditors

3,235,485

3,526,172

3,331,410

3,597,103

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

K M McClumpha and D S McClumpha

Balance outstanding at start of year

(3,256,436

)

(3,341,809

)

Amounts advanced

458,000

528,000

Amounts repaid

(284,878

)

(442,627

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,083,314

)

(3,256,436

)