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REGISTERED NUMBER: 14104290 (England and Wales)















WESTON ALLISON WRIGHT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

12 MAY 2022 TO 30 JUNE 2023






WESTON ALLISON WRIGHT LIMITED (REGISTERED NUMBER: 14104290)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 12 MAY 2022 TO 30 JUNE 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


WESTON ALLISON WRIGHT LIMITED

COMPANY INFORMATION
FOR THE PERIOD 12 MAY 2022 TO 30 JUNE 2023







DIRECTOR: J P Hatchard





REGISTERED OFFICE: 3 Castlegate
Grantham
Lincolnshire
NG31 6SF





REGISTERED NUMBER: 14104290 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF

WESTON ALLISON WRIGHT LIMITED (REGISTERED NUMBER: 14104290)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

Notes £    £   
FIXED ASSETS
Investments 4 837,762

CURRENT ASSETS
Cash at bank 113,050

CREDITORS
Amounts falling due within one year 5 497,181
NET CURRENT LIABILITIES (384,131 )
TOTAL ASSETS LESS CURRENT LIABILITIES 453,631

CAPITAL AND RESERVES
Called up share capital 6 1,000
Share premium 412,631
Retained earnings 40,000
SHAREHOLDERS' FUNDS 453,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2024 and were signed by:





J P Hatchard - Director


WESTON ALLISON WRIGHT LIMITED (REGISTERED NUMBER: 14104290)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 12 MAY 2022 TO 30 JUNE 2023

1. STATUTORY INFORMATION

Weston Allison Wright Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less provision for any impairment in value.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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

Current or deferred 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

WESTON ALLISON WRIGHT LIMITED (REGISTERED NUMBER: 14104290)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 12 MAY 2022 TO 30 JUNE 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 837,762
At 30 June 2023 837,762
NET BOOK VALUE
At 30 June 2023 837,762

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 353,836
Other creditors 143,345
497,181

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary £1 1,000

7. POST BALANCE SHEET EVENTS

A hive up agreement completed at close of business on 30 June 2023. The trade and assets were transferred from the company's subsidiary, Weston Allison Wright (2022) Limited, on 1 July 2023 and the company commenced trading on that date.