Company Registration No. 14483221 (England and Wales)
WESTZANE HOLDING LIMITED
Unaudited accounts
for the period from 14 November 2022 to 31 December 2023
WESTZANE HOLDING LIMITED
Unaudited accounts
Contents
WESTZANE HOLDING LIMITED
Company Information
for the period from 14 November 2022 to 31 December 2023
Directors
Jaimal Inder Singh Shergill
Yu Sun
Company Number
14483221 (England and Wales)
Registered Office
VYMAN HOUSE
104 COLLEGE ROAD
MIDDLESEX
HA1 1BQ
UNITED KINGDOM
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
WESTZANE HOLDING LIMITED
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
39,884
Creditors: amounts falling due within one year
(55,940)
Net current liabilities
(16,056)
Called up share capital
16,612,100
Profit and loss account
(16,156)
Shareholders' funds
16,595,944
For the period ending 31 December 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 10 August 2024 and were signed on its behalf by
Yu Sun
Director
Company Registration No. 14483221
WESTZANE HOLDING LIMITED
Notes to the Accounts
for the period from 14 November 2022 to 31 December 2023
WESTZANE HOLDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14483221. The registered office is VYMAN HOUSE, 104 COLLEGE ROAD, MIDDLESEX, HA1 1BQ, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Investments
Other investments
Valuation at 14 November 2022
-
Valuation at 31 December 2023
16,612,000
The investment in the balance sheet was initially made in the shares of West Zane Bank Limited (Formerly known as Micro Capitals Bank) on 14th December 2022 . An investment of $20 Million was made for 19,501,276 Shares @ 1 Euro each.
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Creditors: amounts falling due within one year
2023
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Average number of employees
During the period the average number of employees was 0.