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Registered Number: 07990797
England and Wales

 

 

 

WEST LONDON CHAMBERS OF COMMERCE


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
  2024   2023
    £ £   £ £
Fixed assets   36,164      38,490 
Current assets 178,037      355,174   
Prepayments and accrued income 200,000       
Creditors: amount falling due within one year (19,317)     (7,426)  
Net current assets   358,720      347,748 
Total assets less current liabilities   394,884      386,238 
Net assets   394,884      386,238 
 

         
Capital and reserves   394,884      386,238 
 
NOTES TO THE ACCOUNTS

General Information
WEST LONDON CHAMBERS OF COMMERCE is a private company, limited by guarantee, registered in England and Wales, registration number 07990797, registration address Spring Grove House West Thames College, London Road, London, Middlesex, TW7 4HS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of services rendered by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
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:
Plant and Machinery 5 Straight Line
2.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 April 2023 40,817    40,817 
Additions  
Disposals  
At 31 March 2024 40,817    40,817 
Depreciation
At 01 April 2023 2,327    2,327 
Charge for year 2,326    2,326 
On disposals  
At 31 March 2024 4,653    4,653 
Net book values
Closing balance as at 31 March 2024 36,164    36,164 
Opening balance as at 01 April 2023 38,490    38,490 


3.

Average number of employees

Average number of employees during the year was 3 (2023 : 8).


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

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

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 09 October 2024 and were signed on its behalf by:


--------------------------------
Christopher Michael Durkin
Director
1