Company Registration No. 11827379 (England and Wales)
WELLS CARRAN LTD
Unaudited accounts
for the year ended 28 February 2022
WELLS CARRAN LTD
Unaudited accounts
Contents
WELLS CARRAN LTD
Company Information
for the year ended 28 February 2022
Company Number
11827379 (England and Wales)
Registered Office
21 UDNEY PARK ROAD
TEDDINGTON
TW11 9BB
UNITED KINGDOM
Accountants
FARQUHAR PARTNERSHIP LIMITED
151 WHITELADIES ROAD
CLIFTON
BRISTOL
BS8 2RA
WELLS CARRAN LTD
Statement of financial position
as at 28 February 2022
Cash at bank and in hand
17,412
5,779
Creditors: amounts falling due within one year
(9,089)
(3,739)
Net current assets
18,943
2,040
Total assets less current liabilities
19,963
2,040
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
19,768
2,039
Shareholders' funds
19,769
2,040
For the year ending 28 February 2022 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 September 2022 and were signed on its behalf by
P L Wells-Carran
Director
Company Registration No. 11827379
WELLS CARRAN LTD
Notes to the Accounts
for the year ended 28 February 2022
WELLS CARRAN LTD is a private company, limited by shares, registered in England and Wales, registration number 11827379. The registered office is 21 UDNEY PARK ROAD, TEDDINGTON, TW11 9BB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years straight line basis
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
WELLS CARRAN LTD
Notes to the Accounts
for the year ended 28 February 2022
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
7,877
948
Loans from directors
312
2,311
7
Deferred taxation
2022
2021
Accelerated capital allowances
194
-
Charged to the profit and loss account
194
-
Provision at end of year
194
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
