2022-11-01 SC434053 2023-10-31 SC434053 2022-11-01 2023-10-31 SC434053 2022-10-31 SC434053 2021-11-01 2022-10-31 SC434053 uk-core:WithinOneYear 2022-10-31 SC434053 uk-core:WithinOneYear 2023-10-31 SC434053 uk-core:AfterOneYear 2022-10-31 SC434053 uk-core:AfterOneYear 2023-10-31 SC434053 uk-core:ShareCapital 2023-10-31 SC434053 uk-core:ShareCapital 2022-10-31 SC434053 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC434053 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 SC434053 uk-bus:Director1 2022-11-01 2023-10-31 SC434053 uk-core:ToolsEquipment 2022-11-01 2023-10-31 SC434053 uk-core:FurnitureFittings 2022-11-01 2023-10-31 SC434053 uk-core:ToolsEquipment 2022-10-31 SC434053 uk-core:FurnitureFittings 2022-10-31 SC434053 uk-core:FurnitureFittings 2023-10-31 SC434053 uk-core:ToolsEquipment 2023-10-31 SC434053 uk-core:AfterOneYear uk-core:Secured 2023-10-31 SC434053 uk-core:AfterOneYear uk-core:Secured 2022-10-31 iso4217:GBP SC434053 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 SC434053 uk-bus:FRS102 2022-11-01 2023-10-31 SC434053 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 SC434053 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Westview Guesthouse Limited
Registered Number:SC434053
For the year ended 31 October 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 October 2023
Westview Guesthouse Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC434053
As at 31 October 2023
Westview Guesthouse Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
7,119
7,119
1
7,119
7,119
Current assets
Inventories
221
221
2
5,353
Cash and cash equivalents
5,353
5,574
5,574
Trade and other payables: amounts falling due within one year
(1,851)
(1,851)
3
3,723
3,723
Net current assets
Total assets less current liabilities
10,842
10,842
Trade and other payables: amounts falling due after more than one
year
(32,855)
(32,855)
4
(22,013)
Net liabilities
(22,013)
Capital and reserves
Called up share capital
1
1
Retained earnings
(22,014)
(22,014)
(22,013)
(22,013)
Shareholders' funds
The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 October 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs D D MacKinlay Director
These financial statements were approved and authorised for issue by the Board on 30 July 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2023
Westview Guesthouse Limited
Notes to the Financial Statements
Statutory Information
Westview Guesthouse Limited is a private limited company, limited by shares, domiciled in Scotland, registration number
SC434053.
Registered address:
49 Dunkeld Road
Perth
Perth
PH1 5RP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% per annum on cost
Computer equipment
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 October 2023
Westview Guesthouse Limited
Notes to the Financial Statements Continued
1. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or valuation
At 01 November 2022
17,134
110
17,024
At 31 October 2023
17,024
110
17,134
Provision for depreciation and impairment
At 01 November 2022
10,015
110
9,905
At 31 October 2023
10,015
110
9,905
At 31 October 2023
Net book value
7,119
-
7,119
At 31 October 2022
7,119
-
7,119
2. Inventories
2022
2023
£
£
Stocks
221
221
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
929
929
Other creditors
922
922
1,851
1,851
4. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
25,000
25,000
Other creditors
7,855
7,855
32,855
32,855
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