Company Registration No. SC732366 (Scotland)
Westering Property Company Ltd
Unaudited accounts
for the period from 13 May 2022 to 31 May 2023
Westering Property Company Ltd
Unaudited accounts
Contents
Westering Property Company Ltd
Company Information
for the period from 13 May 2022 to 31 May 2023
Directors
Zahra Sadoon ABDEL JABAR
Luway Hassan DHIYA
Company Number
SC732366 (Scotland)
Registered Office
MONKRIGG
WATT ROAD
BRIDGE OF WEIR
PA11 3DN
SCOTLAND
Accountants
Hawthorn Tax
4 Newton Place
Glasgow
G3 7PR
Westering Property Company Ltd
Statement of financial position
as at 31 May 2023
Investment property
2,315,865
Cash at bank and in hand
23,031
Creditors: amounts falling due within one year
(2,136)
Total assets less current liabilities
2,368,208
Creditors: amounts falling due after more than one year
(200,000)
Called up share capital
239
Profit and loss account
9,108
Shareholders' funds
2,168,208
For the period ending 31 May 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 6 February 2024 and were signed on its behalf by
Luway Hassan DHIYA
Director
Company Registration No. SC732366
Westering Property Company Ltd
Notes to the Accounts
for the period from 13 May 2022 to 31 May 2023
Westering Property Company Ltd is a private company, limited by shares, registered in Scotland, registration number SC732366. The registered office is MONKRIGG, WATT ROAD, BRIDGE OF WEIR, PA11 3DN, SCOTLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
Taxes and social security
2,136
7
Creditors: amounts falling due after more than one year
2023
Westering Property Company Ltd
Notes to the Accounts
for the period from 13 May 2022 to 31 May 2023
Allotted, called up and fully paid:
23,920 Ordinary shares of £0.01 each
239.20
Shares issued during the period:
13,920 Ordinary shares of £0.01 each
139.20
9
Average number of employees
During the period the average number of employees was 0.