Company Registration No. 06795727 (England and Wales)
Group West Limited
Unaudited accounts
for the year ended 31 January 2024
Group West Limited
Unaudited accounts
Contents
Group West Limited
Company Information
for the year ended 31 January 2024
Directors
Tina Taylor
Matthew Lindley
Company Number
06795727 (England and Wales)
Registered Office
C/O Evans Entwistle Office 12a
Equinox South, Great Park Road
Bradley Stoke, Bristol
BS32 4QL
United Kingdom
Accountants
Evans Entwistle
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Group West Limited
for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Group West Limited for the year ended 31 January 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
21 October 2024
Group West Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
26,916
8,990
Creditors: amounts falling due within one year
(8,723)
(42,938)
Net current assets
34,888
202,716
Total assets less current liabilities
34,888
202,936
Creditors: amounts falling due after more than one year
(29,893)
(111,119)
Called up share capital
2
2
Profit and loss account
4,993
91,815
Shareholders' funds
4,995
91,817
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Tina Taylor
Director
Company Registration No. 06795727
Group West Limited
Notes to the Accounts
for the year ended 31 January 2024
Group West Limited is a private company, limited by shares, registered in England and Wales, registration number 06795727. The registered office is C/O Evans Entwistle Office 12a, Equinox South, Great Park Road, Bradley Stoke, Bristol, BS32 4QL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Fixtures & fittings
4 years straight line
Group West Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
2,777
7,560
10,337
Disposals
(2,777)
(5,430)
(8,207)
At 31 January 2024
-
2,130
2,130
At 1 February 2023
2,777
7,340
10,117
Charge for the year
-
220
220
On disposals
(2,777)
(5,430)
(8,207)
At 31 January 2024
-
2,130
2,130
At 31 January 2023
-
220
220
Amounts falling due within one year
Trade debtors
7,700
64,836
Amounts due from group undertakings etc.
1,277
-
Accrued income and prepayments
1,479
171,051
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,437
25,946
Taxes and social security
-
15,111
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
467
75,710
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Group West Limited
Notes to the Accounts
for the year ended 31 January 2024
9
Transactions with related parties
At the balance sheet date, the company was owed an amount of £1,277 (2023: £nil) by Capital West Ltd (08776974), a company under common control.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).