IRIS Accounts Production v23.2.0.158 08352214 Board of Directors Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083522142022-01-31083522142023-01-31083522142022-02-012023-01-31083522142021-01-31083522142021-02-012022-01-31083522142022-01-3108352214ns10:Originalns15:EnglandWales2022-02-012023-01-3108352214ns14:PoundSterlingns10:Original2022-02-012023-01-3108352214ns10:Originalns10:Director12022-02-012023-01-3108352214ns10:Original2022-02-012023-01-3108352214ns10:Originalns10:Director22022-02-012023-01-3108352214ns10:Original2023-01-3108352214ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3108352214ns10:Originalns10:SmallEntities2022-02-012023-01-3108352214ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3108352214ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3108352214ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3108352214ns10:Originalns10:FullAccounts2022-02-012023-01-3108352214ns10:Originalns10:RegisteredOffice2022-02-012023-01-3108352214ns10:Original2022-01-3108352214ns10:Originalns5:CurrentFinancialInstruments2023-01-3108352214ns10:Originalns5:CurrentFinancialInstruments2022-01-3108352214ns5:ShareCapitalns10:Original2023-01-3108352214ns5:ShareCapitalns10:Original2022-01-3108352214ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3108352214ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3108352214ns10:Originalns5:FurnitureFittings2022-02-012023-01-3108352214ns10:Originalns5:ComputerEquipment2022-02-012023-01-3108352214ns10:Original2021-02-012022-01-3108352214ns10:Originalns5:PlantMachinery2022-01-3108352214ns10:Originalns5:PlantMachinery2022-02-012023-01-3108352214ns10:Originalns5:PlantMachinery2023-01-3108352214ns10:Originalns5:PlantMachinery2022-01-3108352214ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3108352214ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-31
REGISTERED NUMBER: 08352214 (England and Wales)









Financial Statements

for the Year Ended 31 January 2023

for

Westminster Policy Partners Limited

Westminster Policy Partners Limited (Registered number: 08352214)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Westminster Policy Partners Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: S Worth
N A Faith





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 08352214 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Westminster Policy Partners Limited (Registered number: 08352214)

Statement of Financial Position
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 12,281 10,093

CURRENT ASSETS
Debtors 5 259,607 311,426
Cash at bank 658,360 678,192
917,967 989,618
CREDITORS
Amounts falling due within one year 6 277,341 276,403
NET CURRENT ASSETS 640,626 713,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

652,907

723,308

PROVISIONS FOR LIABILITIES 3,070 1,918
NET ASSETS 649,837 721,390

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 649,817 721,370
SHAREHOLDERS' FUNDS 649,837 721,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

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

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 11 October 2023 and were signed on its behalf by:




N A Faith - Director



S Worth - Director


Westminster Policy Partners Limited (Registered number: 08352214)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Westminster Policy Partners 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year/period, and also have been consistently applied within the same accounts.

Turnover
Revenue 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.
Fixtures and fittings - 25% Straight line
Computer equipment - 33.33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

Westminster Policy Partners Limited (Registered number: 08352214)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2022 25,215
Additions 7,769
At 31 January 2023 32,984
DEPRECIATION
At 1 February 2022 15,122
Charge for year 5,581
At 31 January 2023 20,703
NET BOOK VALUE
At 31 January 2023 12,281
At 31 January 2022 10,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 226,980 304,614
Prepayments & accrued income 32,627 6,812
259,607 311,426

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 31,593 1,983
Tax 162,772 179,616
Social security & other taxes 11,991 12,396
Value added tax 62,553 74,852
Directors' current accounts 569 3,816
Accruals & deferred income 7,863 3,740
277,341 276,403