Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30falsetruetrue2022-06-012trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14147303 2022-05-31 14147303 2022-06-01 2023-06-30 14147303 2021-06-01 2022-05-31 14147303 2023-06-30 14147303 c:Director1 2022-06-01 2023-06-30 14147303 d:CurrentFinancialInstruments 2023-06-30 14147303 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 14147303 d:ShareCapital 2023-06-30 14147303 d:RetainedEarningsAccumulatedLosses 2023-06-30 14147303 c:OrdinaryShareClass1 2022-06-01 2023-06-30 14147303 c:OrdinaryShareClass1 2023-06-30 14147303 c:FRS102 2022-06-01 2023-06-30 14147303 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-06-30 14147303 c:FullAccounts 2022-06-01 2023-06-30 14147303 c:PrivateLimitedCompanyLtd 2022-06-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14147303









WEST LAY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2023

 
WEST LAY LIMITED
REGISTERED NUMBER:14147303

BALANCE SHEET
AS AT 30 JUNE 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,500

Cash at bank and in hand
  
17,461

  
21,961

Creditors: amounts falling due within one year
 5 
(58,555)

Net current liabilities
  
 
 
(36,594)

  

Net liabilities
  
(36,594)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(36,595)

  
(36,594)


Page 1

 
WEST LAY LIMITED
REGISTERED NUMBER:14147303
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H Chevallier Guild
Director

Date: 9 November 2023

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
WEST LAY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

1.


General information

West Lay Limited is a private company, limited by shares, incorporated in England and Wales, registration number 14147303. The registered office is 45 Gresham Street, London, England, EC2V 7BG
The company was incorporated on 1 June 2022 and the company commenced trading on 18 October 2022.

2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with Section 1A of Financial
Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic
of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The balance sheet is showing net liabilities of £36,594. The Company is reliant on the support of its parent company which will support the company for at least 12 months from the date of signing the accounts and therefore the accounts have been prepared on the going concern basis.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 3

 
WEST LAY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2023
£


Other debtors
4,500



5.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
8,987

Amounts owed to group undertakings
41,191

Accruals
8,377

58,555



6.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On 1 June 2022, the Company issued 1 Ordinary share with a nominal value of £1 each for
proceeds of £1.


7.


Related party transactions

The company has taken advantage of the exemption available under FRS102 and not disclosed transactions with any wholly owned group companies.

 
Page 4