Company registration number 13058811 (England and Wales)
WEL COLLECTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
WEL COLLECTIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
WEL COLLECTIONS LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
2
10,795
13,728
Current assets
Debtors
3
4,263
730
Cash at bank and in hand
5,815
10,200
10,078
10,930
Creditors: amounts falling due within one year
4
(13,221)
(14,799)
Net current liabilities
(3,143)
(3,869)
Total assets less current liabilities
7,652
9,859
Provisions for liabilities
(1,582)
(4,700)
Net assets
6,070
5,159
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
6,069
5,158
Total equity
6,070
5,159
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 10 August 2026 and are signed on its behalf by:
Ms W Allen
Director
Company registration number 13058811 (England and Wales)
WEL COLLECTIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
31 December 2025
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
3
5
2
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 January 2025
6,525
16,989
23,514
Additions
2,467
2,467
Disposals
(2,008)
(2,008)
At 31 December 2025
6,984
16,989
23,973
Depreciation and impairment
At 1 January 2025
2,354
7,432
9,786
Depreciation charged in the year
1,252
2,389
3,641
Eliminated in respect of disposals
(249)
(249)
At 31 December 2025
3,357
9,821
13,178
Carrying amount
At 31 December 2025
3,627
7,168
10,795
At 31 December 2024
4,171
9,557
13,728
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,759
360
Other debtors
504
370
4,263
730
WEL COLLECTIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
31 December 2025
- 3 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,240
1,385
Taxation and social security
11,366
9,605
Other creditors
615
3,809
13,221
14,799
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
100
100
1
1