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REGISTERED NUMBER: 04298104 (England and Wales)









Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

23 WESTGATE TERRACE LIMITED

23 WESTGATE TERRACE LIMITED (REGISTERED NUMBER: 04298104)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4


23 WESTGATE TERRACE LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J Deegan





SECRETARY: Nominees (UK) Limited





REGISTERED OFFICE: Basement Flat
23 Westgate Terrace
London
SW10 9BT





REGISTERED NUMBER: 04298104 (England and Wales)





ACCOUNTANT: Mani Chacko & Co. Ltd.
Chartered Certified Accountant
3 Ballards Rise
South Croydon
Surrey
CR2 7JT

23 WESTGATE TERRACE LIMITED (REGISTERED NUMBER: 04298104)

Report of the Director
for the Year Ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the management of the property at 23 Westgate Terrace, London SW10 9BT. The company has no income or expenditure in its own right from which it derives economic benefit. All transactions in the year relate to maintenance of the common parts in accordance with the lease. Whilst certain contracts are entered into in the name of the company, the execution of these contracts and settlement of the liabilities arising are made through the service charge account. Income and expenditure arising from these transactions are shown in separate service charge accounts for 23 Westgate Terrace, London SW10 9BT that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of 23 Westgate Terrace, London SW10 9BT are held in trust for the residents. Service charges collected are held in trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of section 42 of the Landlord and Tenant Act 1987.

DIRECTOR
J Deegan held office during the whole of the period from 1 April 2023 to the date of this report.

LEGAL STATUS
The company is limited by guarantee and there is no share capital. The liability of each member of the company, in the event of winding up, is limited to £1 each.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J Deegan - Director


17 July 2024

23 WESTGATE TERRACE LIMITED (REGISTERED NUMBER: 04298104)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   

CREDITORS
Amounts falling due within one year 4 2,658 2,658
NET CURRENT LIABILITIES (2,658 ) (2,658 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,658

)

(2,658

)

RESERVES
Retained earnings (2,658 ) (2,658 )
(2,658 ) (2,658 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 17 July 2024 and were signed by:





J Deegan - Director


23 WESTGATE TERRACE LIMITED (REGISTERED NUMBER: 04298104)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

23 Westgate Terrace Limited is a private company, limited by guarantee , 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.

The company was dormant throughout the current year and previous year.

The company has no income or expenditure in its own right from which it derives economic benefit. All transactions in the year relate to maintenance of the common parts in accordance with the lease. Whilst certain contracts are entered into in the name of the company, the execution of these contracts and settlement of the liabilities arising are made through the service charge account. Income and expenditure arising from these transactions are shown in separate service charge accounts for 23 Westgate Terrace, London SW10 9BT that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of 23 Westgate Terrace, London SW10 9BT are held in trust for the tenants.

Legal status


The company is limited by guarantee and there is no share capital. The liability of each member of the company, in the event of winding up, is limited to £1 each.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to participating interests 2,658 2,658