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Registered number: SC842263
Owelfa Engineering Limited
Unaudited Financial Statements
For the Period 21 March 2025 to 31 March 2026
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Director W Pittman
Company Number SC842263
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Accountants Infinity Advisors Ltd t/a Infinity Partnership
5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC842263
31 March 2026
Notes £ £
CURRENT ASSETS
Debtors 4 1
Cash at bank and in hand 31,439
31,440
Creditors: Amounts Falling Due Within One Year 5 (17,280 )
NET CURRENT ASSETS (LIABILITIES) 14,160
TOTAL ASSETS LESS CURRENT LIABILITIES 14,160
NET ASSETS 14,160
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 14,159
SHAREHOLDERS' FUNDS 14,160
For the period ending 31 March 2026 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
W Pittman
Director
1st September 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Owelfa Engineering Limited is a private company, limited by shares, incorporated in Scotland, registered number SC842263 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
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, excluding discounts, rebates, value
added tax and other sales taxes.
2.3. 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was 1
1
4. Debtors
31 March 2026
£
Due within one year
Other debtors 1
5. Creditors: Amounts Falling Due Within One Year
31 March 2026
£
Other creditors 1,500
Taxation and social security 15,780
17,280
Page 3
Page 4
6. Share Capital
31 March 2026
£
Allotted, Called up and fully paid 1
7. Ultimate Controlling Party
The company's ultimate controlling party is the director .
Page 4