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REGISTERED NUMBER: 12401471 (England and Wales)















Weston Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 January 2023






Weston Holdings Limited (Registered number: 12401471)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Weston Holdings Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: M Weston
E Weston





REGISTERED OFFICE: 16 Windsor Place
Abertridwr
Caerphilly
Wales
CF83 4DR





REGISTERED NUMBER: 12401471 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Weston Holdings Limited (Registered number: 12401471)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 533,112 533,112

CURRENT ASSETS
Debtors 5 14,500 -
Cash at bank and in hand 56,857 35,133
71,357 35,133
CREDITORS
Amounts falling due within one year 6 550,564 321,485
NET CURRENT LIABILITIES (479,207 ) (286,352 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,905

246,760

CREDITORS
Amounts falling due after more than one year 7 95,000 281,731
NET LIABILITIES (41,095 ) (34,971 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (41,195 ) (35,071 )
(41,095 ) (34,971 )

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 19 October 2023 and were signed on its behalf by:





M Weston - Director


Weston Holdings Limited (Registered number: 12401471)

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

1. STATUTORY INFORMATION

Weston Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Weston Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern
The financial statements have been prepared on a going concern basis. The directors have considered the assets and liabilities of the company and are of the opinion that the company will continue to meet its liabilities as they fall due, with the financial support of the directors. The directors are satisfied that the company is a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

Weston Holdings Limited (Registered number: 12401471)

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2022
and 31 January 2023 533,112
NET BOOK VALUE
At 31 January 2023 533,112
At 31 January 2022 533,112

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 14,500 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Amounts owed to group undertakings 501,564 213,564
Other creditors 49,000 107,921
550,564 321,485

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Other creditors 95,000 281,731

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.23 31.1.22
£    £   
Other loans - 168,153

The Development Bank of Wales held charges over M H Jones Landscaping & Maintenance Limited and Green Property Solutions Limited. M H Jones Landscaping & Maintenance Limited is a subsidiary company with Green Property Solutions Limited under common control.

9. RELATED PARTY DISCLOSURES

At the year end Weston Holdings Limited owed £501,564 (2022: £213,564) to M H Jones Landscape & Maintenance Limited was owed £14,500 (2022:owed £15,500) to Green Property Solutions Limited . M Weston and E Weston are also the directors of both company's.