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REGISTERED NUMBER: 11757128 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

WESTONGATE LTD

WESTONGATE LTD (REGISTERED NUMBER: 11757128)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WESTONGATE LTD

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: B Warnes
Mrs C. Warnes





SECRETARY:





REGISTERED OFFICE: Block E, 2nd Floor
286a Chase Road
Southgate
London
N14 6HF





REGISTERED NUMBER: 11757128 (England and Wales)





ACCOUNTANTS: Morphakis Stelios & Co
Block E, 2nd Floor
286a Chase Road
Southgate
London
N14 6HF

WESTONGATE LTD (REGISTERED NUMBER: 11757128)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 413 426

CURRENT ASSETS
Debtors 5 153,823 21,142
Cash at bank 11,697 55,370
165,520 76,512
CREDITORS
Amounts falling due within one year 6 128,399 72,718
NET CURRENT ASSETS 37,121 3,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,534

4,220

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,434 4,120
37,534 4,220

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Mrs C. Warnes - Director


WESTONGATE LTD (REGISTERED NUMBER: 11757128)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Westongate Ltd 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.

The company commenced trading on 1st February 2021.

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.

Computer equipment - 33% reducing balance
Fixtures and fittings - 20% reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 949
Additions 160
At 31 January 2024 1,109
DEPRECIATION
At 1 February 2023 523
Charge for year 173
At 31 January 2024 696
NET BOOK VALUE
At 31 January 2024 413
At 31 January 2023 426

WESTONGATE LTD (REGISTERED NUMBER: 11757128)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 65,000 14,400
Other debtors 88,823 6,742
153,823 21,142

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 31,130 -
Trade creditors 1,019 3,439
Taxation and social security 70,464 32,672
Other creditors 25,786 36,607
128,399 72,718

7. RELATED PARTY DISCLOSURES

A) Mr Ben Warnes, a director in the reporting company, is the sole proprietor in a business, Ben Wanes t/a Westongate.

The reporting company is owed £84,223 (2023 - £ 3,928) by Ben Warnes t/a Westongate at the balance sheet date. The total transactions for the year ended 31.01.2024 are as follows:-

31.01.24 31.01.23
£    £   

Loans 29,695 (13,872 )

Gross Sales 122,040 86,400

Receipts for Gross Sales (71,440 ) (72,000 )

Other transactions - -



B) LMA Coaching Ltd is a company wholly owned by Mr B. Warnes and Mrs C. Warnes, who are also directors of the reporting company.

The reporting company is owed £4,600 (2023 - £2,814) by LMA Coaching Ltd and is shown in debtors falling due within one year.



C) Mrs Charlotte Warnes, a director in the reporting company, is also the sole director of Charlotte Warnes Interiors Ltd.

The reporting company owes Charlotte Warnes Interiors Ltd £20,000 (2023 - £20,000) at the balance sheet date. This amount is shown in creditors due within one year.