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REGISTERED NUMBER: SC643795 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

25 WEST DESIGN LTD

25 WEST DESIGN LTD (REGISTERED NUMBER: SC643795)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


25 WEST DESIGN LTD (REGISTERED NUMBER: SC643795)

BALANCE SHEET
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,903 5,574

CURRENT ASSETS
Debtors 5 54,874 45,787
Cash at bank and in hand 154,099 122,123
208,973 167,910
CREDITORS
Amounts falling due within one year 6 77,049 48,370
NET CURRENT ASSETS 131,924 119,540
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,827

125,114

PROVISIONS FOR LIABILITIES 2,206 -
NET ASSETS 139,621 125,114

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 139,615 125,108
139,621 125,114

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

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

The directors acknowledge their 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.

25 WEST DESIGN LTD (REGISTERED NUMBER: SC643795)

BALANCE SHEET - continued
31 October 2023



The financial statements were approved by the Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:





D Bryce - Director


25 WEST DESIGN LTD (REGISTERED NUMBER: SC643795)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

25 West Design Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC643795

Registered office: 25 Antonine Road
Dullatur
Glasgow
North Lanarkshire
G68 0FE

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 and revenue recognition
Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Taxation
Taxation for the year 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 balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 4 ) .

25 WEST DESIGN LTD (REGISTERED NUMBER: SC643795)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 November 2022 12,274
Additions 7,686
At 31 October 2023 19,960
DEPRECIATION
At 1 November 2022 6,700
Charge for year 3,357
At 31 October 2023 10,057
NET BOOK VALUE
At 31 October 2023 9,903
At 31 October 2022 5,574

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 50,967 42,479
Other debtors 3,308 3,308
Prepayments 599 -
54,874 45,787

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 19,377 2,262
Tax 37,572 31,675
Social security and other taxes (1,422 ) (1,422 )
VAT 14,298 10,899
Directors' current accounts 69 -
Accrued expenses 7,155 4,956
77,049 48,370

7. RELATED PARTY DISCLOSURES

The company operates a loan account with the directors.

The directors advanced loans totalling £489 to the company in the year. The balance owed to the directors form the company at year end was £489 (Nil - 2022).