6 April 2022 false No description of principal activity Taxfiler 2023.10.1 03930105business:PrivateLimitedCompanyLtd2022-04-062023-04-05 039301052022-04-05 039301052022-04-062023-04-05 03930105business:AuditExemptWithAccountantsReport2022-04-062023-04-05 03930105business:FilletedAccounts2022-04-062023-04-05 039301052023-04-05 03930105business:Director12022-04-062023-04-05 03930105business:Director22022-04-062023-04-05 03930105business:CompanySecretary12022-04-062023-04-05 03930105business:RegisteredOffice2022-04-062023-04-05 039301052022-04-05 03930105core:WithinOneYear2023-04-05 03930105core:WithinOneYear2022-04-05 03930105core:AfterOneYear2023-04-05 03930105core:AfterOneYear2022-04-05 03930105core:ShareCapitalcore:PreviouslyStatedAmount2023-04-05 03930105core:ShareCapitalcore:PreviouslyStatedAmount2022-04-05 03930105core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-05 03930105core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-05 03930105core:PreviouslyStatedAmount2023-04-05 03930105core:PreviouslyStatedAmount2022-04-05 03930105business:SmallEntities2022-04-062023-04-05 03930105countries:EnglandWales2022-04-062023-04-05 03930105core:AfterOneYear2022-04-062023-04-05 039301052021-04-062022-04-05 iso4217:GBP xbrli:pure
Company Registration No. 03930105 (England and Wales)
Westmorland Estates Limited Unaudited accounts for the year ended 5 April 2023
Westmorland Estates Limited Unaudited accounts Contents
Page
- 2 -
Westmorland Estates Limited Company Information for the year ended 5 April 2023
Directors
L Kirby C Kirby
Secretary
L Kirby
Company Number
03930105 (England and Wales)
Registered Office
26 BRUNSWICK TERRACE FLAT 5 HOVE BN3 1HJ ENGLAND
Accountants
Caat Advisory Ltd Studio 19a Oru Space Sutton 7 Throwley Way Sutton SM1 4AF
- 3 -
Westmorland Estates Limited Statement of financial position as at 5 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
1,590,263 
1,590,263 
Current assets
Debtors
25,017 
14,772 
Cash at bank and in hand
1,437 
10,358 
26,454 
25,130 
Creditors: amounts falling due within one year
(22,143)
(31,018)
Net current assets/(liabilities)
4,311 
(5,888)
Total assets less current liabilities
1,594,574 
1,584,375 
Creditors: amounts falling due after more than one year
(1,304,406)
(1,272,207)
Provisions for liabilities
Deferred tax
(57,570)
(57,570)
Net assets
232,598 
254,598 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
231,598 
253,598 
Shareholders' funds
232,598 
254,598 
For the year ending 5 April 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 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 22 November 2023 and were signed on its behalf by
L Kirby Director Company Registration No. 03930105
- 4 -
Westmorland Estates Limited Notes to the Accounts for the year ended 5 April 2023
1
Statutory information
Westmorland Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 03930105. The registered office is 26 BRUNSWICK TERRACE, FLAT 5, HOVE, BN3 1HJ, ENGLAND.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover is rental income and is measured at the fair value of the consideration received or receivable.
4
Investment property
2023 
£ 
Fair value at 6 April 2022
1,590,263 
At 5 April 2023
1,590,263 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
25,017 
14,772 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
1,967 
Other creditors
19,604 
27,136 
Accruals
2,539 
1,915 
22,143 
31,018 
- 5 -
Westmorland Estates Limited Notes to the Accounts for the year ended 5 April 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
873,350 
875,348 
Other creditors
228,039 
228,039 
Loans from directors
203,017 
168,820 
1,304,406 
1,272,207 
Bank loans are secured mortgages.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -