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REGISTERED NUMBER: 08837823 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Westinghall Properties Ltd

Westinghall Properties Ltd (Registered number: 08837823)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westinghall Properties Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C Allen
B G Eades
D W Tracey





REGISTERED OFFICE: Universal Square
Building 2
3rd Floor
Devonshire Street North
Mancheaster
M12 6JH





REGISTERED NUMBER: 08837823 (England and Wales)





ACCOUNTANTS: Uppal & Warr
Chartered Accountants
452 Manchester Road
Heaton Chapel
Stockport
SK4 5DL

Westinghall Properties Ltd (Registered number: 08837823)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,429,669 1,390,846

CURRENT ASSETS
Debtors 5 490,676 541,997
Cash at bank and in hand 14,593 10,872
505,269 552,869
CREDITORS
Amounts falling due within one year 6 35,737 46,039
NET CURRENT ASSETS 469,532 506,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,899,201

1,897,676

CREDITORS
Amounts falling due after more than one
year

7

1,271,281

1,270,030
NET ASSETS 627,920 627,646

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 627,918 627,644
SHAREHOLDERS' FUNDS 627,920 627,646

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

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

Westinghall Properties Ltd (Registered number: 08837823)

Balance Sheet - continued
31 March 2024


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 10 October 2024 and were signed on its behalf by:





C Allen - Director


Westinghall Properties Ltd (Registered number: 08837823)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Westinghall Properties 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.
Freehold property - not provided

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.

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 3 (2023 - 2 ) .

Westinghall Properties Ltd (Registered number: 08837823)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2023 1,390,846
Additions 38,823
At 31 March 2024 1,429,669
NET BOOK VALUE
At 31 March 2024 1,429,669
At 31 March 2023 1,390,846

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12,408 5,126
Net service chargers 797 -
Associated company loans 464,985 518,257
Accrued income 11,901 15,996
Prepayments 585 2,618
490,676 541,997

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 652 1,507
Net service charges - 10,856
VAT 2,090 4,118
Deposits 7,500 -
Associated company loans 11,323 11,323
Deferred income - 3,805
Accrued expenses 14,172 14,430
35,737 46,039

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 1,271,281 1,270,030

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

Westinghall Properties Ltd (Registered number: 08837823)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RESERVES
Retained
earnings
£   

At 1 April 2023 627,644
Profit for the year 274
At 31 March 2024 627,918