REGISTERED NUMBER: 11760978 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WELLHOLT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Y Friedman

REGISTERED OFFICE:

11 Rookwood Road

London

N16 6SP

REGISTERED NUMBER:

11760978 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

718,288

718,288

CURRENT ASSETS

Debtors

5

7,600

8,480

Cash at bank

9

55

7,609

8,535

CREDITORS

Amounts falling due within one year

6

(266,771

)

(264,511

)

NET CURRENT LIABILITIES

(259,162

)

(255,976

)

TOTAL ASSETS LESS CURRENT LIABILITIES

459,126

462,312

CREDITORS

Amounts falling due after more than one year

7

(504,005

)

(509,546

)

NET LIABILITIES

(44,879

)

(47,234

)

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

(44,880

)

(47,235

)

SHAREHOLDERS' FUNDS

(44,879

)

(47,234

)

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 director acknowledges his 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 director and authorised for issue on 21 October 2026 and were signed by:

Y Friedman - Director

1.	STATUTORY INFORMATION

WELLHOLT 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

718,288

NET BOOK VALUE

At 31 January 2026

718,288

At 31 January 2025

718,288

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

7,600

8,480

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other creditors

264,971

262,831

Accrued expenses

1,800

1,680

266,771

264,511

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans (see note 8)

481,112

481,112

Other loans (see note 8)

22,893

28,434

504,005

509,546

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

481,112

481,112

Repayable by instalments

Other loans more 5yrs instal

22,893

28,434

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.26

31.1.25

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

481,112

481,112

Repayable by instalments

Other loans more 5yrs instal

22,893

28,434

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank loans

481,112

481,112

Other loans

22,893

28,434

504,005

509,546

1.Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

2. Under the bank loan, £22,893 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Retained

earnings

£

At 1 February 2025

(47,235

)

Profit for the year

2,355

At 31 January 2026

(44,880

)

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Y Friedman.