Weber Talma Commercial Limited Filleted accounts for Companies House (small and micro)

WEBER TALMA COMMERCIAL LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 13762184

Weber Talma Commercial Limited

Filleted Unaudited Financial Statements

For the year ended

30 June 2023

Weber Talma Commercial Limited

Financial Statements

Year ended 30 June 2023

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	3

Weber Talma Commercial Limited

Officers and Professional Advisers

DIRECTOR	I Ezekiel

REGISTERED OFFICE	Ecen Suite 43
	Michael Way
	Raunds
	Wellingborough
	Northamptonshire
	NN9 6GR

ACCOUNTANTS	Streets
	Chartered accountants
	ECEN
	Michael Way
	Warth Park
	Northamptonshire
	NN9 6GR

Weber Talma Commercial Limited

Statement of Financial Position

30 June 2023

	2023	2022
Note	£	£

Current assets

Stocks		346,607	–
Debtors	4	287,725	–
Cash at bank and in hand		–	100
		---------	----
		634,332	100

Creditors: amounts falling due within one year	5	634,555	–
		---------	----
Net current (liabilities)/assets		( 223)	100
		----	----
Total assets less current liabilities		( 223)	100
		----	----
Net (liabilities)/assets		( 223)	100
		----	----

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 323)	–
	----	----
Shareholders (deficit)/funds	( 223)	100
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 February 2024 , and are signed on behalf of the board by:

I Ezekiel
Director

Company registration number: 13762184

Weber Talma Commercial Limited

Notes to the Financial Statements

Year ended 30 June 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ecen Suite 43, Michael Way, Raunds, Wellingborough, Northamptonshire, NN9 6GR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Debtors

	2023	2022
	£	£
Other debtors	287,725	–
	---------	----

5. Creditors: amounts falling due within one year

	2023	2022
	£	£
Other creditors	634,555	–
	---------	----

6. Related party transactions

During the year the company received the trade and stock transferred from its parent company, Weber Talma Subsidiary Ltd. The trade and stock was transferred at cost value of £346,607.