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REGISTERED NUMBER: 07123712 (England and Wales)















Westgray Developments Ltd

Unaudited Financial Statements for the Year Ended 5 April 2024






Westgray Developments Ltd (Registered number: 07123712)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Westgray Developments Ltd

Company Information
for the Year Ended 5 April 2024







DIRECTORS: Mr R J Morris
Mrs C Morris
Miss C R Morris
Mr B J Morris





REGISTERED OFFICE: Holmlea
Moss Road
Congleton
Cheshire
CW12 3BN





REGISTERED NUMBER: 07123712 (England and Wales)





ACCOUNTANTS: Marshall Accountancy Ltd
St Mary's House
Crewe Road
Alsager
Stoke-On-Trent
ST7 2EW

Westgray Developments Ltd (Registered number: 07123712)

Abridged Balance Sheet
5 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 30,957 41,446

CURRENT ASSETS
Debtors 268 18
Cash at bank 7,851 42,908
8,119 42,926
CREDITORS
Amounts falling due within one year (8,396 ) (12,476 )
NET CURRENT (LIABILITIES)/ASSETS (277 ) 30,450
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,680

71,896

PROVISIONS FOR LIABILITIES (5,882 ) -
NET ASSETS 24,798 71,896

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 24,797 71,895
SHAREHOLDERS' FUNDS 24,798 71,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

Westgray Developments Ltd (Registered number: 07123712)

Abridged Balance Sheet - continued
5 April 2024


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

All the members have consented to the preparation of an abridged Profit and Loss and an abridged Balance Sheet for the year ended 5 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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:





Mr R J Morris - Director


Westgray Developments Ltd (Registered number: 07123712)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Westgray Developments 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

Westgray Developments Ltd (Registered number: 07123712)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 6 April 2023
and 5 April 2024 55,347
DEPRECIATION
At 6 April 2023 13,901
Charge for year 10,489
At 5 April 2024 24,390
NET BOOK VALUE
At 5 April 2024 30,957
At 5 April 2023 41,446

5. RELATED PARTY DISCLOSURES

2024 2023
£ £

Directors' loan account
Balance brought forward (8,262 ) (29,580 )
(Capital Introduced)/Drawings (1,529 ) 21,318
Dividends - -
Balance carried forward (9,791 ) (8,262 )