REGISTERED NUMBER: 16218440 (England and Wales)

Unaudited Financial Statements

for the Period 30 January 2025 to 31 March 2026

for

Wetzet Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P G Trafford

Mrs S C Trafford

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

16218440 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

1,213

Investments

5

2,554,351

2,555,564

CURRENT ASSETS

Cash at bank

224,005

CREDITORS

Amounts falling due within one year

6

1,369,180

NET CURRENT LIABILITIES

(1,145,175

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,410,389

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,410,289

SHAREHOLDERS' FUNDS

1,410,389

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by:

Mr P G Trafford - Director

1.	STATUTORY INFORMATION

Wetzet Ltd 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 as modified by the revaluation of certain assets.

Income

Income represents dividends, interest and other investment income receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Investments in associates

Investments in associate undertakings are recognised at cost.

Fixed asset investments

Listed investments are valued at their fair value at the balance sheet date and any changes in their fair value between the previous year end or acquisition, as applicable are recognised in the profit and loss account and transferred to a fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,508

At 31 March 2026

1,508

DEPRECIATION

Charge for period

295

At 31 March 2026

295

NET BOOK VALUE

At 31 March 2026

1,213

5.	FIXED ASSET INVESTMENTS

Interest

in

Listed

associate

investments

Totals

£

£

£

COST OR VALUATION

Additions

15,100

2,878,795

2,893,895

Disposals

-

(400,000

)

(400,000

)

Revaluations

-

60,456

60,456

At 31 March 2026

15,100

2,539,251

2,554,351

NET BOOK VALUE

At 31 March 2026

15,100

2,539,251

2,554,351

Cost or valuation at 31 March 2026 is represented by:

Interest

in

Listed

associate

investments

Totals

£

£

£

Valuation in 2026

-

2,539,251

2,539,251

Cost

15,100

-

15,100

15,100

2,539,251

2,554,351

If fixed asset investments had not been revalued they would have been included at the following historical cost:

£

Cost

2,478,795

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

39

Tax

6,293

Social security and other taxes

300

Directors' current accounts

1,361,828

Accrued expenses

720

1,369,180

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal value:

£

70

A Ordinary

£1

70

24

B Ordinary

£1

24

2

G1

£1

2

2

G2

£1

2

2

G3

£1

2

100