Company Registration No. 03626931 (England and Wales)
WESTS DESIGN CONSULTANTS LIMITED
Unaudited accounts
for the year ended 31 December 2022
WESTS DESIGN CONSULTANTS LIMITED
Unaudited accounts
Contents
WESTS DESIGN CONSULTANTS LIMITED
Company Information
for the year ended 31 December 2022
Directors
Jennifer Mary West
Barrie James West
Company Number
03626931 (England and Wales)
Registered Office
THE GRANARY GRANGE FARM
HAREWOOD PARK ESTATE
HAREWOOD END
HEREFORD
HR2 8JS
WESTS DESIGN CONSULTANTS LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
19,344
29,016
Cash at bank and in hand
(796)
246
Creditors: amounts falling due within one year
(140,206)
(154,497)
Net current assets
26,233
1,508
Total assets less current liabilities
45,577
30,524
Creditors: amounts falling due after more than one year
(114,817)
(87,207)
Net liabilities
(69,240)
(56,683)
Capital redemption reserve
(1,000)
(1,000)
Profit and loss account
(68,240)
(55,683)
Shareholders' funds
(69,240)
(56,683)
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 20 November 2022 and were signed on its behalf by
Barrie James West
Director
Company Registration No. 03626931
WESTS DESIGN CONSULTANTS LIMITED
Notes to the Accounts
for the year ended 31 December 2022
WESTS DESIGN CONSULTANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03626931. The registered office is THE GRANARY GRANGE FARM, HAREWOOD PARK ESTATE, HAREWOOD END, HEREFORD, HR2 8JS.
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.
These financial statements for the year ended 31 December 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
The accounts are presented in £ sterling.
The Company is still recovering from the effects of Covid. Loans have beentaken out to support the Company. Repayments are being made in accordance with terms signed
WESTS DESIGN CONSULTANTS LIMITED
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
44,715
35,827
80,542
At 31 December 2022
44,715
35,827
80,542
At 1 January 2022
19,563
31,963
51,526
Charge for the year
8,384
1,288
9,672
At 31 December 2022
27,947
33,251
61,198
At 31 December 2022
16,768
2,576
19,344
At 31 December 2021
25,152
3,864
29,016
Amounts falling due within one year
Trade debtors
66,180
55,839
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
35,099
Obligations under finance leases and hire purchase contracts
-
8,898
Trade creditors
181,447
151,907
Taxes and social security
12,112
7,481
Loans from directors
(59,353)
(50,109)
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
39,412
30,381
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).