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Company Registration No. 12977819 (England and Wales)
WEYSIDE HOLDINGS LIMITED Unaudited accounts for the year ended 31 October 2023
WEYSIDE HOLDINGS LIMITED Unaudited accounts Contents
Page
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WEYSIDE HOLDINGS LIMITED Company Information for the year ended 31 October 2023
Director
Martin Fried
Company Number
12977819 (England and Wales)
Registered Office
UNIT 4 THE TECHNOLOGY PARK COLINDEEP LANE LONDON NW9 6BX UNITED KINGDOM
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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WEYSIDE HOLDINGS LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
- 
2,213,597 
Debtors
6,571 
100 
Cash at bank and in hand
18 
2,636 
6,589 
2,216,333 
Creditors: amounts falling due within one year
(25,693)
(907,604)
Net current (liabilities)/assets
(19,104)
1,308,729 
Total assets less current liabilities
(19,104)
1,308,729 
Creditors: amounts falling due after more than one year
- 
(1,364,708)
Net liabilities
(19,104)
(55,979)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(19,204)
(56,079)
Shareholders' funds
(19,104)
(55,979)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 24 November 2023 and were signed on its behalf by
Martin Fried Director Company Registration No. 12977819
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WEYSIDE HOLDINGS LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
WEYSIDE HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12977819. The registered office is UNIT 4 THE TECHNOLOGY PARK, COLINDEEP LANE, LONDON, NW9 6BX, UNITED KINGDOM.
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 remained unchanged from the previous year, and also 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
Amounts falling due after more than one year
Other debtors
6,471 
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(1,178)
(21,429)
Trade creditors
18,761 
54,444 
Other creditors
- 
862,979 
Accruals
2,500 
1,500 
Deferred income
5,610 
10,110 
25,693 
907,604 
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WEYSIDE HOLDINGS LIMITED Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
1,364,708 
7
Controlling party
The ultimate controlling party is Martin Fried.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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