Company Registration No. 11859881 (England and Wales)
Westsmith Ltd
Unaudited accounts
for the year ended 31 March 2023
Westsmith Ltd
Unaudited accounts
Contents
Westsmith Ltd
Company Information
for the year ended 31 March 2023
Company Number
11859881 (England and Wales)
Registered Office
16 Priors Way
Winchester
SO22 4HQ
United Kingdom
Westsmith Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
3,662
2,406
Cash at bank and in hand
17,286
18,489
Creditors: amounts falling due within one year
(18,824)
(12,963)
Net current assets
7,962
17,136
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
Westsmith Ltd
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Amounts falling due after more than one year
Accrued income and prepayments
9,500
11,610
Westsmith Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
10,012
4,351
Loans from directors
5,901
3,712
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).