Acorah Software Products - Accounts Production 16.0.110 false true true 31 March 2023 30 March 2022 false 1 April 2023 31 March 2024 31 March 2024 14014153 Mr Pawel Piotrowski Mr Piotr Maruszak Partners Real Estate Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14014153 2023-03-31 14014153 2024-03-31 14014153 2023-04-01 2024-03-31 14014153 frs-core:CurrentFinancialInstruments 2024-03-31 14014153 frs-core:Non-currentFinancialInstruments 2024-03-31 14014153 frs-core:ShareCapital 2024-03-31 14014153 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14014153 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14014153 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 14014153 frs-bus:SmallEntities 2023-04-01 2024-03-31 14014153 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14014153 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14014153 1 2023-04-01 2024-03-31 14014153 frs-bus:Director1 2023-04-01 2024-03-31 14014153 frs-bus:Director2 2023-04-01 2024-03-31 14014153 frs-countries:EnglandWales 2023-04-01 2024-03-31 14014153 2022-03-29 14014153 2023-03-31 14014153 2022-03-30 2023-03-31 14014153 frs-core:CurrentFinancialInstruments 2023-03-31 14014153 frs-core:Non-currentFinancialInstruments 2023-03-31 14014153 frs-core:ShareCapital 2023-03-31 14014153 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 14014153
WEST EAST PROPERTIES LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14014153
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 802,086 -
Debtors 5 46,748 10
Cash at bank and in hand 29,514 -
878,348 10
Creditors: Amounts Falling Due Within One Year 6 (542,625 ) -
NET CURRENT ASSETS (LIABILITIES) 335,723 10
TOTAL ASSETS LESS CURRENT LIABILITIES 335,723 10
Creditors: Amounts Falling Due After More Than One Year 7 (452,530 ) -
NET (LIABILITIES)/ASSETS (116,807 ) 10
CAPITAL AND RESERVES
Called up share capital 9 1,000 10
Profit and Loss Account (117,807 ) -
SHAREHOLDERS' FUNDS (116,807) 10
Page 1
Page 2
For the year ending 31 March 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Piotr Maruszak
Director
18/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
WEST EAST PROPERTIES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14014153 . The registered office is 150 Albert Road, Morley, Leeds, LS27 8RT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Stocks
2024 2023
£ £
Stock 802,086 -
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,508 10
Due after more than one year
Other debtors 34,240 -
46,748 10
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to participating interests 535,001 -
Other creditors 1,844 -
Taxation and social security 5,780 -
542,625 -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 452,530 -
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8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 452,530 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 10
10. Related Party Transactions
At the year end, included within creditors less than 1 year are the following amounts owed to the intercomapnies and shareholders:-
i) AC Property Development - £200,000
ii) Partners Real Estate Ltd - £135,000
iii) JPDJPD Limited - £200,001
The above amounts are unsecured, interest free and repyable on demand.
11. Ultimate Controlling Party
The company's ultimate controlling party is Partners Real Estate Ltd by virtue of its ownership of more than 50% of the issued share capital in the company.
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