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REGISTERED NUMBER: 07928683 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 January 2024

for


West Street Investments Ltd



West Street Investments Ltd (Registered number: 07928683)








Contents of the Financial Statements

for the Year Ended 31 January 2024





Page




Company Information  

1




Balance Sheet  

2




Notes to the Financial Statements  

4





West Street Investments Ltd



Company Information

for the Year Ended 31 January 2024









DIRECTORS:

S Harvey


A Walker







REGISTERED OFFICE:

Suite 6 141/143 South Road


Haywards Heath


West Sussex


RH16 4LY







REGISTERED NUMBER:

07928683 (England and Wales)







ACCOUNTANTS:

Bentleys Accounting Limited


Suite 6, 141/143 South Road


Haywards Heath


West Sussex


RH16 4LY



West Street Investments Ltd (Registered number: 07928683)



Balance Sheet

31 January 2024



31.1.24

31.1.23



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

7,466,380


7,727,986




CURRENT ASSETS

Debtors

5

100


100



Cash at bank

87,213


61,528



87,313


61,628



CREDITORS

Amounts falling due within one year

6

98,653


71,840



NET CURRENT LIABILITIES

(11,340

)

(10,212

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

7,455,040


7,717,774




CREDITORS

Amounts falling due after more than one

year

7

4,931,563


5,343,106



NET ASSETS

2,523,477


2,374,668




CAPITAL AND RESERVES

Called up share capital

8

100


100



Revaluation reserve

9

1,776,299


1,776,299



Retained earnings

9

747,078


598,269



SHAREHOLDERS' FUNDS

2,523,477


2,374,668




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.  


The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.



West Street Investments Ltd (Registered number: 07928683)



Balance Sheet - continued

31 January 2024



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.


The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by:






S Harvey - Director




West Street Investments Ltd (Registered number: 07928683)



Notes to the Financial Statements

for the Year Ended 31 January 2024


1.

STATUTORY INFORMATION



West Street Investments Ltd 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.


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 as modified by the revaluation of certain assets.    



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.  


Freehold property

-

no depreciation on long life assets



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.


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 year 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.

3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 2 (2023 - 2 ) .



West Street Investments Ltd (Registered number: 07928683)



Notes to the Financial Statements - continued

for the Year Ended 31 January 2024


4.

TANGIBLE FIXED ASSETS


Freehold


property

£   



COST OR VALUATION


At 1 February 2023

7,727,986




Additions

9,655




Disposals

(271,261

)



At 31 January 2024

7,466,380




NET BOOK VALUE


At 31 January 2024

7,466,380




At 31 January 2023

7,727,986





Cost or valuation at 31 January 2024 is represented by:



Freehold


property

£   



Valuation in 2020

7,466,380




5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.1.24


31.1.23

£   

£   



Other debtors

100


100




6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.1.24


31.1.23

£   

£   



Tax

27,949


-




VAT

7,095


7,725




Other creditors

12,000


12,000




Deferred income

48,759


49,265




Accrued expenses

2,850


2,850



98,653


71,840




7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR



31.1.24


31.1.23

£   

£   



Bank loans more 5 yrs non-inst

3,404,689


3,690,000




Loan from Associated Company

620,570


247,557




Directors' loan accounts

906,304


1,405,549



4,931,563


5,343,106





Amounts falling due in more than five years:



Repayable otherwise than by instalments


Bank loans more 5 yrs non-inst

3,404,689


3,690,000





West Street Investments Ltd (Registered number: 07928683)



Notes to the Financial Statements - continued

for the Year Ended 31 January 2024


8.

CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:


Number:

Class:

Nominal

31.1.24


31.1.23


value:

£   

£   



100

Ordinary

1

100


100




9.

RESERVES


Retained


Revaluation



earnings


reserve


Totals

£   

£   

£   




At 1 February 2023

598,269


1,776,299


2,374,568




Profit for the year

148,809


148,809




At 31 January 2024

747,078


1,776,299


2,523,377