Weldfast Holdings Limited Accounts

WELDFAST HOLDINGS LIMITED - Company Information






Weldfast Holdings Limited

	Company No. 12047794
		Information for Filing with The Registrar
		31 January 2024

The Directors present their report and the accounts for the year ended 31 January 2024.

Principal activities
The principal activity of the company during the year under review was that of a holding company.




Directors

The Directors who served at any time during the year were as follows:

R.L. Hugo
S.P. Hugo






































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

R.L. Hugo
Director
31 May 2024

at	31 January 2024
Company No.		12047794	Notes	2024	2023
				£	£
Fixed assets



	Investments		4	581,933	581,933
				581,933	581,933
Current assets



	Cash at bank and in hand			740	742
				740	742
Creditors: Amount falling due within one year			5	(514,573)	(502,575)
Net current liabilities				(513,833)	(501,833)
Total assets less current liabilities				68,100	80,100




Net assets				68,100	80,100

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		6	68,000	80,000

Total equity				68,100	80,100



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 January 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 May 2024 and signed on its behalf by:
R.L. Hugo
Director
31 May 2024

for the year ended 31 January 2024

General information

Weldfast Holdings Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12047794

Its registered office is:

Units 1-2 Waterside Trading

Mill Lane

Leigh

WN7 2BG

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Investments
			Investment in Subsidiaries	Total
			£	£
		Cost or valuation
		At 1 February 2023	581,933	581,933



		At 31 January 2024	581,933	581,933
		Provisions/Impairment





		Net book values
		At 31 January 2024	581,933	581,933
		At 31 January 2023	581,933	581,933

5	Creditors:
		amounts falling due within one year
			2024	2023
			£	£





		Amounts owed to group undertakings	439,933	439,933

		Loans from directors	74,640	62,642


			514,573	502,575

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.