Welcome Independent Living (Whitw - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 10589468 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023

FOR

WELCOME INDEPENDENT LIVING (WHITWORTH)

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M A Coup

REGISTERED OFFICE:

Elphin House

1 New Road

Mytholmroyd

West Yorkshire

HX7 5DZ

REGISTERED NUMBER:

10589468 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

4

204,775

206,472

CURRENT ASSETS

Debtors

5

15,150

7,865

Cash at bank and in hand

16,086

12,663

31,236

20,528

CREDITORS

Amounts falling due within one year

6

221,217

164,174

NET CURRENT LIABILITIES

(189,981

)

(143,646

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,794

62,826

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

14,793

62,825

SHAREHOLDERS' FUNDS

14,794

62,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 2023 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 31st August 2023 and were signed by:

M A Coup - Director

1.	STATUTORY INFORMATION

Welcome Independent Living (Whitworth) 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 (2022 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st February 2022

187,500

38,290

225,790

Additions

-

4,520

4,520

At 28th February 2023

187,500

42,810

230,310

DEPRECIATION

At 1st February 2022

-

19,318

19,318

Charge for period

-

6,217

6,217

At 28th February 2023

-

25,535

25,535

NET BOOK VALUE

At 28th February 2023

187,500

17,275

204,775

At 31st January 2022

187,500

18,972

206,472

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

11,371

7,465

Other debtors

3,779

400

15,150

7,865

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

8,025

3,424

Taxation and social security

4,131

3,763

Other creditors

209,061

156,987

221,217

164,174