Welney plc
ISDX : WENP

December 22, 2015 06:07 ET

Statement re Final Accounts

Welney PLC

Final accounts

The Directors of Welney plc ("Welney" or the "Company") announce that the financial statements for the year
ended 30 June 2015 have now been signed off and will be posted to shareholders.

The Independent Auditor's Report contained within the financial statements for the year ended 30 June 2015
contained the following paragraph

"Emphasis of matter - Going concern

In forming our modified opinion on the financial statements we have considered the adequacy of the
disclosure made in note 1 to the financial statements concerning the Company's ability to continue as a
going concern. The Company incurred a net loss of GBP 7,807 during the year ended 30 June 2015 and, at that
date, the Company has net current liabilities of GBP 45,537. These conditions, along with the other matters
explained in note 1 to the financial statements, indicate the existence of a material uncertainty which may
cast significant doubt about the Company's ability to continue as a going concern. The financial statements
do not include the adjustments that would result if the Company was unable to continue as a going concern."

Please review the Company's Annual Report for full details.

The Directors of the Company accept responsibility for this announcement.

Luca Tenuta
Welney Plc
Tel: +44 (0) 7900 242 769

Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 (0) 20 7251 3762

Date 22 December 2015


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