WELink Africa Investments (UK) Limited - Dormant accounts - members and to registrar (filleted) 23.2

REGISTERED NUMBER: 12276241 (England and Wales)

WELink Africa Investments (UK) Limited

Unaudited Financial Statements for the Year Ended 31 December 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

B M O'Neill

Registered office:

3 Hardman Square

Spinningfields

Manchester

M3 3EB

Registered number:

12276241 (England and Wales)

Current assets

Debtors

4

1

Total assets less current liabilities

1

Capital and reserves

Called up share capital

5

1

Shareholders' funds

1

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:

B M O'Neill - Director

1.	Statutory information

WELink Africa Investments (UK) 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.

The company was dormant throughout the current year and previous year.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangements as either financial assets, financial liabilities or equity instruments, and are held at amortised cost. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all its liabilities.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently,they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3.	Employees and directors

The average number of employees during the year was NIL (2021 - NIL).

4.

Debtors: amounts falling due within one year

2022

2021

£

Amounts owed by group undertakings

1

5.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

1

Ordinary

£1

1

6.	Ultimate controlling party

The ultimate controlling party is B M O'Neill.

The immediate parent company is WELink Africa Investments (Ireland) Limited

The largest and smallest group for which group financial statements are prepared, and of which the company is a member, is as follows:

Name:

Ableon Limited

Country of Incorporation:

Ireland

Address from where copies of the group

22 Avoca Wood

financial statements can be obtained:

Avoca

Co. Wicklow