IRIS Accounts Production v24.3.0.553 11218587 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112185872023-02-28112185872024-02-29112185872023-03-012024-02-29112185872022-02-28112185872022-03-012023-02-28112185872023-02-2811218587ns15:EnglandWales2023-03-012024-02-2911218587ns14:PoundSterling2023-03-012024-02-2911218587ns10:Director12023-03-012024-02-2911218587ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911218587ns10:SmallEntities2023-03-012024-02-2911218587ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2911218587ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911218587ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911218587ns10:FullAccounts2023-03-012024-02-2911218587ns10:OrdinaryShareClass12023-03-012024-02-2911218587ns10:OrdinaryShareClass22023-03-012024-02-2911218587ns10:Director22023-03-012024-02-2911218587ns10:RegisteredOffice2023-03-012024-02-2911218587ns5:CurrentFinancialInstruments2024-02-2911218587ns5:CurrentFinancialInstruments2023-02-2811218587ns5:Non-currentFinancialInstruments2024-02-2911218587ns5:Non-currentFinancialInstruments2023-02-2811218587ns5:ShareCapital2024-02-2911218587ns5:ShareCapital2023-02-2811218587ns5:RetainedEarningsAccumulatedLosses2024-02-2911218587ns5:RetainedEarningsAccumulatedLosses2023-02-281121858712023-03-012024-02-2911218587ns5:PlantMachinery2023-03-012024-02-2911218587ns5:PlantMachinery2023-02-2811218587ns5:ComputerEquipment2023-02-2811218587ns5:ComputerEquipment2023-03-012024-02-2911218587ns5:PlantMachinery2024-02-2911218587ns5:ComputerEquipment2024-02-2911218587ns5:PlantMachinery2023-02-2811218587ns5:ComputerEquipment2023-02-2811218587ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2911218587ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811218587ns10:OrdinaryShareClass12024-02-2911218587ns10:OrdinaryShareClass22024-02-2911218587ns5:RetainedEarningsAccumulatedLosses2023-02-2811218587ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29
REGISTERED NUMBER: 11218587 (England and Wales)















Weston Rengifo Architects Practice
Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






Weston Rengifo Architects Practice
Limited (Registered number: 11218587)

Contents of the Financial Statements
for the year ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Weston Rengifo Architects Practice
Limited

Company Information
for the year ended 29 February 2024







Directors: M E Rengifo
S D Weston





Registered office: No.15, Teddington Business Park
Station Road
Teddington
London
TW11 9BQ





Registered number: 11218587 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Weston Rengifo Architects Practice
Limited (Registered number: 11218587)

Balance Sheet
29 February 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,385 3,598

Current assets
Stocks 19,250 -
Debtors 5 36,030 67,379
Cash at bank 17,079 68,058
72,359 135,437
Creditors
Amounts falling due within one year 6 64,480 83,666
Net current assets 7,879 51,771
Total assets less current liabilities 9,264 55,369

Creditors
Amounts falling due after more than one
year

7

8,842

15,795
Net assets 422 39,574

Capital and reserves
Called up share capital 8 100 100
Retained earnings 9 322 39,474
Shareholders' funds 422 39,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:




S D Weston - Director


Weston Rengifo Architects Practice
Limited (Registered number: 11218587)

Notes to the Financial Statements
for the year ended 29 February 2024


1. Statutory information

Weston Rengifo Architects Practice Limited 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Significant judgements and estimates
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Tangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual useful lives of the assets and residual values may vary depending upon a number of factors, including technological innovations and maintenance programmes.

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.
Plant and machinery - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


Weston Rengifo Architects Practice
Limited (Registered number: 11218587)

Notes to the Financial Statements - continued
for the year ended 29 February 2024


2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 6 (2023 - 7 ) .

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£ £ £
Cost
At 1 March 2023
and 29 February 2024 16,150 610 16,760
Depreciation
At 1 March 2023 12,958 204 13,162
Charge for year 2,010 203 2,213
At 29 February 2024 14,968 407 15,375
Net book value
At 29 February 2024 1,182 203 1,385
At 28 February 2023 3,192 406 3,598

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 26,640 66,746
Other debtors 9,390 633
36,030 67,379

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 37,323 19,817
Trade creditors 768 300
Taxation and social security 22,456 57,515
Other creditors 3,933 6,034
64,480 83,666

Weston Rengifo Architects Practice
Limited (Registered number: 11218587)

Notes to the Financial Statements - continued
for the year ended 29 February 2024


7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 8,842 15,795

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
98 Ordinary A £1 98 98
2 Ordinary B £1 2 2
100 100

9. Reserves
Retained
earnings
£

At 1 March 2023 39,474
Profit for the year 29,348
Dividends (68,500 )
At 29 February 2024 322

10. Related party disclosures

Within other debtors is £9,046 (2023: £2,400 creditor) owed by the directors.