13 May 2022 false No description of principal activity Taxfiler 2023.12 SC732366business:PrivateLimitedCompanyLtd2022-05-132023-05-31 SC7323662022-05-12 SC7323662022-05-132023-05-31 SC732366business:AuditExemptWithAccountantsReport2022-05-132023-05-31 SC732366business:FilletedAccounts2022-05-132023-05-31 SC7323662023-05-31 SC732366business:Director12022-05-132023-05-31 SC732366business:Director22022-05-132023-05-31 SC732366business:RegisteredOffice2022-05-132023-05-31 SC732366core:WithinOneYear2023-05-31 SC732366core:AfterOneYear2023-05-31 SC732366core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC732366core:SharePremiumcore:PreviouslyStatedAmount2023-05-31 SC732366core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC732366core:PreviouslyStatedAmount2023-05-31 SC732366business:SmallEntities2022-05-132023-05-31 SC732366countries:Scotland2022-05-132023-05-31 SC732366business:OrdinaryShareClass12022-05-132023-05-31 iso4217:GBP xbrli:shares xbrli:pure
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
Page
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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
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Westering Property Company Ltd Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Investment property
2,315,865 
Current assets
Debtors
31,448 
Cash at bank and in hand
23,031 
54,479 
Creditors: amounts falling due within one year
(2,136)
Net current assets
52,343 
Total assets less current liabilities
2,368,208 
Creditors: amounts falling due after more than one year
(200,000)
Net assets
2,168,208 
Capital and reserves
Called up share capital
239 
Share premium
2,158,861 
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
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Westering Property Company Ltd Notes to the Accounts for the period from 13 May 2022 to 31 May 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
4
Investment property
2023 
£ 
Additions
2,315,865 
At 31 May 2023
2,315,865 
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
31,448 
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 
£ 
Bank loans
200,000 
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Westering Property Company Ltd Notes to the Accounts for the period from 13 May 2022 to 31 May 2023
8
Share capital
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.
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