1 September 2021 false Taxfiler 2022.8.3 11498322business:PrivateLimitedCompanyLtd2021-09-012022-08-31 114983222021-08-31 114983222021-09-012022-08-31 11498322business:AuditExemptWithAccountantsReport2021-09-012022-08-31 11498322business:FullAccounts2021-09-012022-08-31 114983222022-08-31 11498322business:Director12021-09-012022-08-31 11498322business:RegisteredOffice2021-09-012022-08-31 114983222021-08-31 11498322core:WithinOneYear2022-08-31 11498322core:WithinOneYear2021-08-31 11498322core:ShareCapital2022-08-31 11498322core:ShareCapital2021-08-31 11498322core:RetainedEarningsAccumulatedLosses2022-08-31 11498322core:RetainedEarningsAccumulatedLosses2021-08-31 11498322business:SmallEntities2021-09-012022-08-31 11498322countries:EnglandWales2021-09-012022-08-31 11498322core:PlantMachinery2021-09-012022-08-31 11498322core:FurnitureFittings2021-09-012022-08-31 11498322core:PlantMachinery2021-08-31 11498322core:FurnitureFittings2021-08-31 11498322core:PlantMachinery2022-08-31 11498322core:FurnitureFittings2022-08-31 11498322business:OrdinaryShareClass12021-09-012022-08-31 11498322business:OrdinaryShareClass12020-09-012021-08-31 114983222020-09-012021-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11498322 (England and Wales)
WESTMOUNT FOOD LIMITED Unaudited accounts for the year ended 31 August 2022
WESTMOUNT FOOD LIMITED Unaudited accounts Contents
Page
- 2 -
WESTMOUNT FOOD LIMITED Company Information for the year ended 31 August 2022
Director
Yeliz Polat
Company Number
11498322 (England and Wales)
Registered Office
40 Willoughby Road LONDON N8 0JG United Kingdom
Accountants
Tatar Brothers & Co Accountants 40 Willoughby Road Hornsey London N8 0JG
- 3 -
WESTMOUNT FOOD LIMITED Statement of financial position as at 31 August 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,402 
3,193 
Current assets
Inventories
625 
680 
Debtors
3,942 
100 
Cash at bank and in hand
6,870 
6,881 
11,437 
7,661 
Creditors: amounts falling due within one year
(2,901)
(6,164)
Net current assets
8,536 
1,497 
Net assets
12,938 
4,690 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,838 
4,590 
Shareholders' funds
12,938 
4,690 
For the year ending 31 August 2022 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 September 2022 and were signed on its behalf by
Yeliz Polat Director Company Registration No. 11498322
- 4 -
WESTMOUNT FOOD LIMITED Notes to the Accounts for the year ended 31 August 2022
1
Statutory information
WESTMOUNT FOOD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11498322. The registered office is 40 Willoughby Road, LONDON, N8 0JG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method
Fixtures & fittings
15% reducing balance method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
WESTMOUNT FOOD LIMITED Notes to the Accounts for the year ended 31 August 2022
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2021
- 
5,200 
5,200 
Additions
2,110 
- 
2,110 
At 31 August 2022
2,110 
5,200 
7,310 
Depreciation
At 1 September 2021
- 
2,007 
2,007 
Charge for the year
422 
479 
901 
At 31 August 2022
422 
2,486 
2,908 
Net book value
At 31 August 2022
1,688 
2,714 
4,402 
At 31 August 2021
- 
3,193 
3,193 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
3,842 
- 
Other debtors
100 
100 
3,942 
100 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
1,651 
139 
Loans from directors
- 
4,825 
Accruals
1,250 
1,200 
2,901 
6,164 
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
- 6 -