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REGISTERED NUMBER: 14382020 (England and Wales)















Unaudited Financial Statements

for the Period 28 September 2022 to 30 September 2023

for

Westy's Painting & Decorating Services
Limited

Westy's Painting & Decorating Services
Limited (Registered number: 14382020)






Contents of the Financial Statements
for the Period 28 September 2022 to 30 September 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Westy's Painting & Decorating Services
Limited

Company Information
for the Period 28 September 2022 to 30 September 2023







DIRECTOR: M A Wescott





REGISTERED OFFICE: Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 14382020 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Westy's Painting & Decorating Services
Limited (Registered number: 14382020)

Abridged Balance Sheet
30 September 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 11,625

CURRENT ASSETS
Debtors 4,215
Cash at bank 141
4,356
CREDITORS
Amounts falling due within one year 5,884
NET CURRENT LIABILITIES (1,528 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,097

CREDITORS
Amounts falling due after more than one
year

(7,435

)

PROVISIONS FOR LIABILITIES 5 (2,209 )
NET ASSETS 453

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 353
SHAREHOLDERS' FUNDS 453

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

Westy's Painting & Decorating Services
Limited (Registered number: 14382020)

Abridged Balance Sheet - continued
30 September 2023



The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





M A Wescott - Director


Westy's Painting & Decorating Services
Limited (Registered number: 14382020)

Notes to the Financial Statements
for the Period 28 September 2022 to 30 September 2023

1. STATUTORY INFORMATION

Westy's Painting & Decorating Services 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Westy's Painting & Decorating Services
Limited (Registered number: 14382020)

Notes to the Financial Statements - continued
for the Period 28 September 2022 to 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 15,500
At 30 September 2023 15,500
DEPRECIATION
Charge for period 3,875
At 30 September 2023 3,875
NET BOOK VALUE
At 30 September 2023 11,625

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 13,000
At 30 September 2023 13,000
DEPRECIATION
Charge for period 3,250
At 30 September 2023 3,250
NET BOOK VALUE
At 30 September 2023 9,750

5. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 2,209

Deferred
tax
£   
Provided during period 2,209
Balance at 30 September 2023 2,209

Westy's Painting & Decorating Services
Limited (Registered number: 14382020)

Notes to the Financial Statements - continued
for the Period 28 September 2022 to 30 September 2023

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100