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REGISTERED NUMBER: SC297476 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Westyfish Ltd.

Westyfish Ltd. (Registered number: SC297476)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Westyfish Ltd.

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr A West





REGISTERED OFFICE: 2 Cross Street
Fraserburgh
Aberdeenshire
AB43 9EQ





REGISTERED NUMBER: SC297476 (Scotland)





ACCOUNTANTS: SBP
Accountants
2 Cross Street
Fraserburgh
Aberdeenshire
AB43 9EQ

Westyfish Ltd. (Registered number: SC297476)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Investments 4 109,138 177,018
Cash at bank 25,190 51,235
134,328 228,253
CREDITORS
Amounts falling due within one year 5 2,186 51,249
NET CURRENT ASSETS 132,142 177,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,142

177,004

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 132,042 176,904
SHAREHOLDERS' FUNDS 132,142 177,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





Mr A West - Director


Westyfish Ltd. (Registered number: SC297476)

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

1. STATUTORY INFORMATION

Westyfish Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents amounts receivable for services provided in the normal course of business, net of discounts and VAT. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting period to which it relates.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Current asset investment
The current asset investment represents the company's interest in 'Mia Jane W LLP'. The value stated in the Balance Sheet reflects the value as reported in the financial statements of the LLP of the company's Capital and Current Accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. CURRENT ASSET INVESTMENTS
31.3.23 31.3.22
£    £   
Other 109,138 177,018

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax - 15,435
Social security and other taxes 302 292
Directors' current accounts 401 34,105
Accrued expenses 1,483 1,417
2,186 51,249

Westyfish Ltd. (Registered number: SC297476)

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

6. RESERVES
Retained
earnings
£   

At 1 April 2022 176,904
Deficit for the year (38,362 )
Dividends (6,500 )
At 31 March 2023 132,042

Of the balance of retained reserves, £31,734 relates to an unrealised gain in respect of a revaluation within the LLP investment and therefore this sum is non distributable.

7. RELATED PARTY DISCLOSURES

The director, Mr A West, operates a current account with the company and as at 31 March 2023 the balance owing to him is £401 (2022 - £34,105). Whilst the loan to the company is considered short term, there are no fixed terms of repayment and no interest is accrued.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr A West and Mrs L West.