smallAccCompHo_0921.xslt
Company Registration No. 07711220 (England and Wales)
WELLERS AUCTIONS LTD
Financial Statements
for the Period from 01 January 2025 to 31 December 2025

WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

Company Information

Company Details
Company Number 07711220
Registered Office AUCTION HOUSE BEDFORD ROAD
GUILDFORD
SURREY
GU1 4SJ
Directors
Directors who held office during the period were:
Thomas Duncan LOFTS   
Andrew Mark SNELGAR   
Robert Paul SNELGAR   
Christopher Francis George SYKES   
Natalie Daniele SYKES   
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WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

Statement of Financial Position

123456789
Notes 2025 2024
£ £
Fixed Assets
Tangible assets 5 - 7,207
Investments 6 1 1
Current Assets
Stocks 30,724 154,043
Debtors due 316,309 286,067
Cash at bank and in hand 11,979 1,346
359,012 441,456
Creditors
Amount falling due within one year (492,601) (530,886)
Net Current Assets (133,589) (89,430)
Total Assets less current liabilities (133,588) (82,222)
Creditors due after more than one year (47,400) (24,145)
Net Assets (180,988) (106,367)
Capital and Reserves
Called up Share Capital 100,000 100,000
Retained earnings at end of year (280,988) (206,367)
Shareholder funds (180,988) (106,367)
For the year ending 31/12/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 20 September 2026
Chris Sykes
Company Registration No. 07711220
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WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

1. Statutory Information
WELLERS AUCTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 07711220.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
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WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 19
2024 17
4. Principal Activity
The principal activity of the Company continued to be the sale of goods at auction.
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WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

5. Fixed Assets
Plant and Machinery Total
Cost or valuation £ £
At 01/01/2025 154,170 154,170
Additions 4,267 4,267
At 31/12/2025 158,437 158,437
Depreciation
At 01/01/2025 146,963 146,963
Charge for the year 11,474 11,474
At 31/12/2025 158,437 158,437
Net Book Value
At 31/12/2025 - -
At 31/12/2024 7,207 7,207
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WELLERS AUCTIONS LTD

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

6. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/01/2025 1 - - 1
Additions - - - -
Disposals - - - -
Adjustments - - - -
Valuation at 31/12/2025 1 - - 1
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