Company No: 11233741 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Duncan C Gilbert
	Hannah J Gilbert
	Daniel Wilde

REGISTERED OFFICE	Lowin House
	Tregolls Road
	Truro
	TR1 2NA
	United Kingdom

COMPANY NUMBER

11233741 (England and Wales)

CHARTERED ACCOUNTANTS	Francis Clark LLP
	Lowin House
	Tregolls Road
	Truro
	Cornwall TR1 2NA

	Note	2023		2022
		£		£
Fixed assets
Tangible assets	3	919		1,149
		919		1,149
Current assets
Stocks	4	5,695		10,719
Debtors	5	27,511		27,500
Cash at bank and in hand		21,582		18,336
		54,788		56,555
Creditors: amounts falling due within one year	6	( 24,688)		( 25,111)
Net current assets		30,100		31,444
Total assets less current liabilities		31,019		32,593
Net assets		31,019		32,593
Capital and reserves
Called-up share capital		50,000		50,000
Profit and loss account		( 18,981 )		( 17,407 )
Total shareholders' funds		31,019		32,593

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Wellness Water Limited (registered number: 11233741) were approved and authorised for issue by the Board of Directors on 21 December 2023. They were signed on its behalf by:

Duncan C Gilbert Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Wellness Water Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover comprises of the sale of water filters, cartridges and taps is recognised when the goods are physically delivered to the customer. . Turnover is shown net of value added tax, returns, rebates and discounts after eliminating sales within the company.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Fixtures and fittings

20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

2. Employees

	2023		2022
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Fixtures and fittings		Total
	£		£
Cost
At 01 April 2022	2,648		2,648
At 31 March 2023	2,648		2,648
Accumulated depreciation
At 01 April 2022	1,499		1,499
Charge for the financial year	230		230
At 31 March 2023	1,729		1,729
Net book value
At 31 March 2023	919		919
At 31 March 2022	1,149		1,149

4. Stocks

	2023		2022
	£		£
Stocks	5,695		10,719

5. Debtors

	2023		2022
	£		£
Trade debtors	11		0
Other debtors	27,500		27,500
	27,511		27,500

6. Creditors: amounts falling due within one year

	2023		2022
	£		£
Trade creditors	0		731
Other creditors	24,688		24,380
	24,688		25,111