West Country Galleries Limited 06239115 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is sale of gallery art. Digita Accounts Production Advanced 6.30.9574.0 true 06239115 2022-10-01 2023-09-30 06239115 2023-09-30 06239115 bus:Original 2023-09-30 06239115 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 06239115 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 06239115 1 2023-09-30 06239115 bus:Micro-entities 2022-10-01 2023-09-30 06239115 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 06239115 bus:FullAccounts 2022-10-01 2023-09-30 06239115 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 06239115 bus:RegisteredOffice 2022-10-01 2023-09-30 06239115 bus:Director1 2022-10-01 2023-09-30 06239115 bus:Director2 2022-10-01 2023-09-30 06239115 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 06239115 countries:EnglandWales 2022-10-01 2023-09-30 06239115 1 2022-10-01 2023-09-30 06239115 1 2022-09-30 06239115 2021-10-01 2022-09-30 06239115 2022-09-30 06239115 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 06239115 core:Non-currentFinancialInstruments core:AfterOneYear 2022-09-30 06239115 1 2022-09-30 06239115 1 2021-10-01 2022-09-30 06239115 1 2021-09-30 iso4217:GBP xbrli:pure

Registration number: 06239115

West Country Galleries Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2023

 

West Country Galleries Limited

Contents

Statement of Financial Position

1 to 2

Notes to the Unaudited Financial Statements

1

 

West Country Galleries Limited

(Registration number: 06239115)
Statement of Financial Position as at 30 September 2023

2023
£

2022
£

Fixed assets

1,276

459

Current assets

8,310

5,268

Prepayments and accrued income

137

126

Creditors: Amounts falling due within one year

(6,503)

(4,433)

Net current assets

1,944

961

Total assets less current liabilities

3,220

1,420

Creditors: Amounts falling due after more than one year

(577)

-

Accruals and deferred income

(1,779)

(1,534)

 

864

(114)

Capital and reserves

864

(114)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tallford House
38 Walliscote Road
Weston-super-Mare
Somerset
BS23 1LP

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling which is the functional currency of the entity.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3

Related party transactions

Transactions with directors

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Directors' loans

3,181

7,604

(5,786)

4,999

         
       

 

 

West Country Galleries Limited

(Registration number: 06239115)
Statement of Financial Position as at 30 September 2023 (continued)

3

Related party transactions (continued)

2022

At 1 October 2021
£

Advances to director
£

Repayments by director
£

At 30 September 2022
£

Directors' loans

(3,345)

10,527

(4,001)

3,181

         
       

 


The loans to the directors are interest free and repayable on demand.

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 14 February 2024 and signed on its behalf by:
 


Mrs H S Osman
Director


Mr R D Osman
Director