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Company Registration No. 11859881 (England and Wales)
Westsmith Ltd Unaudited accounts for the year ended 31 March 2023
Westsmith Ltd Unaudited accounts Contents
Page
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Westsmith Ltd Company Information for the year ended 31 March 2023
Director
D Ball Esq
Company Number
11859881 (England and Wales)
Registered Office
16 Priors Way Winchester SO22 4HQ United Kingdom
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Westsmith Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,662 
2,406 
Current assets
Debtors
9,500 
11,610 
Cash at bank and in hand
17,286 
18,489 
26,786 
30,099 
Creditors: amounts falling due within one year
(18,824)
(12,963)
Net current assets
7,962 
17,136 
Net assets
11,624 
19,542 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,524 
19,442 
Shareholders' funds
11,624 
19,542 
For the year ending 31 March 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 18 October 2023 and were signed on its behalf by
D Ball Esq Director Company Registration No. 11859881
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Westsmith Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Westsmith Ltd is a private company, limited by shares, registered in England and Wales, registration number 11859881. The registered office is 16 Priors Way, Winchester, SO22 4HQ, 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:
Computer equipment
20% reduce balance basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
3,008 
Additions
2,138 
At 31 March 2023
5,146 
Depreciation
At 1 April 2022
602 
Charge for the year
882 
At 31 March 2023
1,484 
Net book value
At 31 March 2023
3,662 
At 31 March 2022
2,406 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
9,500 
11,610 
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Westsmith Ltd Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,911 
4,900 
Taxes and social security
10,012 
4,351 
Loans from directors
5,901 
3,712 
18,824 
12,963 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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