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REGISTERED NUMBER: 03277866 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 November 2021

for

West Fossil Estate Limited

West Fossil Estate Limited (Registered number: 03277866)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


West Fossil Estate Limited

Company Information
for the Year Ended 30 November 2021







DIRECTORS: R Dean
R L Dean





SECRETARY: Mrs D M Dean





REGISTERED OFFICE: 14a Albany Road
Weymouth
Dorset
DT4 9TH





REGISTERED NUMBER: 03277866 (England and Wales)





ACCOUNTANTS: Advoco
Chartered Certified Accountants
Chartered Tax Advisers
14a Albany Road
Weymouth
Dorset
DT4 9TH

West Fossil Estate Limited (Registered number: 03277866)

Abridged Balance Sheet
30 November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 753,331 668,334

CURRENT ASSETS
Debtors 221,320 40,074
Cash at bank 17,646 23,210
238,966 63,284
CREDITORS
Amounts falling due within one
year

778,619

742,529
NET CURRENT LIABILITIES (539,653 ) (679,245 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,678

(10,911

)

CREDITORS
Amounts falling due after more
than one year

(13,389

)

(30,287

)

PROVISIONS FOR LIABILITIES 5 (43,972 ) (18,335 )
NET ASSETS/(LIABILITIES) 156,317 (59,533 )

CAPITAL AND RESERVES
Called up share capital 6 3 3
Retained earnings 7 156,314 (59,536 )
SHAREHOLDERS' FUNDS 156,317 (59,533 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

West Fossil Estate Limited (Registered number: 03277866)

Abridged Balance Sheet - continued
30 November 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2022 and were signed on its behalf by:





R Dean - Director


West Fossil Estate Limited (Registered number: 03277866)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

West Fossil Estate 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 3 ) .

West Fossil Estate Limited (Registered number: 03277866)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2020 1,121,909
Additions 147,134
At 30 November 2021 1,269,043
DEPRECIATION
At 1 December 2020 453,575
Charge for year 62,137
At 30 November 2021 515,712
NET BOOK VALUE
At 30 November 2021 753,331
At 30 November 2020 668,334

5. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 43,972 18,335

Deferred
tax
£   
Balance at 1 December 2020 18,335
Charge to Income Statement during year 25,637
Balance at 30 November 2021 43,972

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
3 Ordinary £1 3 3

7. RESERVES
Retained
earnings
£   

At 1 December 2020 (59,536 )
Profit for the year 215,850
At 30 November 2021 156,314