1 July 2022 false Taxfiler 2023.9 13473537business:PrivateLimitedCompanyLtd2022-07-012023-04-30 134735372022-06-30 134735372022-07-012023-04-30 13473537business:AuditExemptWithAccountantsReport2022-07-012023-04-30 13473537business:FilletedAccounts2022-07-012023-04-30 134735372023-04-30 13473537business:Director12022-07-012023-04-30 13473537business:RegisteredOffice2022-07-012023-04-30 134735372022-06-30 13473537core:WithinOneYear2023-04-30 13473537core:WithinOneYear2022-06-30 13473537core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 13473537core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 13473537core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 13473537core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 13473537core:PreviouslyStatedAmount2023-04-30 13473537core:PreviouslyStatedAmount2022-06-30 13473537business:SmallEntities2022-07-012023-04-30 13473537countries:EnglandWales2022-07-012023-04-30 13473537business:OrdinaryShareClass12022-07-012023-04-30 13473537business:OrdinaryShareClass12021-08-312022-06-30 134735372021-08-312022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13473537 (England and Wales)
West East Premium Ltd Unaudited accounts for the period from 1 July 2022 to 30 April 2023
West East Premium Ltd Unaudited accounts Contents
Page
- 2 -
West East Premium Ltd Company Information for the period from 1 July 2022 to 30 April 2023
Director
Zhang Zhang
Company Number
13473537 (England and Wales)
Registered Office
1st Floor 85 Great Portland Street London W1W 7LT England
Accountants
Anthony Daniel Associates 10 Julian Place London E14 3AT
- 3 -
West East Premium Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Current assets
Inventories
- 
125,172 
Debtors
378,096 
817,897 
Cash at bank and in hand
9,834 
17,160 
387,930 
960,229 
Creditors: amounts falling due within one year
(304,048)
(914,906)
Net current assets
83,882 
45,323 
Net assets
83,982 
45,423 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
83,882 
45,323 
Shareholders' funds
83,982 
45,423 
For the period ending 30 April 2023 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 his 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 2 October 2023 and were signed on its behalf by
Zhang Zhang Director Company Registration No. 13473537
- 4 -
West East Premium Ltd Notes to the Accounts for the period from 1 July 2022 to 30 April 2023
1
Statutory information
West East Premium Ltd is a private company, limited by shares, registered in England and Wales, registration number 13473537. The registered office is 1st Floor, 85 Great Portland Street, London, W1W 7LT, England.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
22,354 
183,793 
Accrued income and prepayments
- 
367 
Other debtors
355,742 
633,737 
378,096 
817,897 
- 5 -
West East Premium Ltd Notes to the Accounts for the period from 1 July 2022 to 30 April 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
515,708 
Taxes and social security
19,700 
10,655 
Other creditors
- 
110,955 
Loans from directors
281,348 
275,088 
Accruals
3,000 
2,500 
304,048 
914,906 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the period the average number of employees was 1 (2022: 1).
- 6 -