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REGISTERED NUMBER: 08430731 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

Westwick Melrose & Cromwell Limited

Westwick Melrose & Cromwell Limited (Registered number: 08430731)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westwick Melrose & Cromwell Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: Mrs I M E Erulin
G M J Erulin





REGISTERED OFFICE: 1st Floor, 28 Market Place
Grantham
NG31 6LR





REGISTERED NUMBER: 08430731 (England and Wales)





ACCOUNTANTS: Hood Parkes & Co
1st Floor
28 Market Place
Grantham
Lincolnshire
NG31 6LR

Westwick Melrose & Cromwell Limited (Registered number: 08430731)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,748 57,350
Investments 5 247,957 245,785
Investment property 6 559,710 559,710
856,415 862,845

CURRENT ASSETS
Debtors 7 209,667 184,801
Cash at bank 26,459 110,494
236,126 295,295
CREDITORS
Amounts falling due within one year 8 286,819 172,505
NET CURRENT (LIABILITIES)/ASSETS (50,693 ) 122,790
TOTAL ASSETS LESS CURRENT
LIABILITIES

805,722

985,635

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 805,720 985,633
805,722 985,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

Westwick Melrose & Cromwell Limited (Registered number: 08430731)

Balance Sheet - continued
31st December 2023


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 13th September 2024 and were signed on its behalf by:





G M J Erulin - Director


Westwick Melrose & Cromwell Limited (Registered number: 08430731)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Westwick Melrose & Cromwell Limited 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.

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.
Plant and machinery etc - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Westwick Melrose & Cromwell Limited (Registered number: 08430731)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023
and 31st December 2023 100,038
DEPRECIATION
At 1st January 2023 42,688
Charge for year 8,602
At 31st December 2023 51,290
NET BOOK VALUE
At 31st December 2023 48,748
At 31st December 2022 57,350

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Investments 247,957 245,785

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2023
and 31st December 2023 559,710
NET BOOK VALUE
At 31st December 2023 559,710
At 31st December 2022 559,710

Westwick Melrose & Cromwell Limited (Registered number: 08430731)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 208,872 -
Other debtors 795 184,801
209,667 184,801

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1 (1 )
Taxation and social security 247,841 164,308
Other creditors 38,977 8,198
286,819 172,505