Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-310The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01truefalseNo description of principal activity0true 9797909 2023-01-01 2023-12-31 9797909 2022-01-01 2022-12-31 9797909 2023-12-31 9797909 2022-12-31 9797909 c:Director1 2023-01-01 2023-12-31 9797909 d:CurrentFinancialInstruments 2023-12-31 9797909 d:CurrentFinancialInstruments 2022-12-31 9797909 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 9797909 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 9797909 d:ShareCapital 2023-12-31 9797909 d:ShareCapital 2022-12-31 9797909 c:OrdinaryShareClass1 2023-01-01 2023-12-31 9797909 c:OrdinaryShareClass1 2023-12-31 9797909 c:OrdinaryShareClass1 2022-12-31 9797909 c:FRS102 2023-01-01 2023-12-31 9797909 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 9797909 c:FullAccounts 2023-01-01 2023-12-31 9797909 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 9797909 6 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 9797909










WESTERN AMERICA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
WESTERN AMERICA LIMITED
REGISTERED NUMBER: 9797909

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
27,449,958
27,449,958

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1

  
1
1

Creditors: amounts falling due within one year
 6 
(27,449,958)
(27,449,958)

Net current liabilities
  
 
 
(27,449,957)
 
 
(27,449,957)

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
 7 
1
1

  
1
1


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Sir J A Mactaggart Bt.
Director

Date: 17 September 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
WESTERN AMERICA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Western America Limited is a private company, limited by shares, registered in England and Wales. Its registered address is 2 Babmaes Street, London, SW1Y 6HD. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, during the year was 0 (2022:0).







4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2023
27,449,958



At 31 December 2023
27,449,958




Page 2

 
WESTERN AMERICA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Called up share capital not paid
1
1

1
1



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
27,449,958
27,449,958

27,449,958
27,449,958



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



8.


Controlling party

The immediate parent is Western Heritable Limited and the ultimate parent company is Mactaggart Heritable Limited both of which are incorporated in England & Wales. Mactaggart Heritable Limited produces consolidated financial statements that are available to the public from the Registrar of Companies at Companies House.

Page 3