Company Registration No. SC654593 (Scotland)
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD
Unaudited accounts
for the year ended 29 February 2024
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD
Unaudited accounts
Contents
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD
Company Information
for the year ended 29 February 2024
Company Number
SC654593 (Scotland)
Registered Office
13 DEEBANK ROAD
BALLATER
AB35 5QT
SCOTLAND
Accountants
A2Z Accounting Solutions Limited
26 Grandholm Grove
Aberdeen
AB22 8AX
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD
Statement of financial position
as at 29 February 2024
Tangible assets
111,915
37,960
Cash at bank and in hand
10,680
33,481
Creditors: amounts falling due within one year
(58,443)
(18,522)
Net current (liabilities)/assets
(43,611)
26,142
Total assets less current liabilities
68,304
64,102
Creditors: amounts falling due after more than one year
(6,000)
(9,000)
Called up share capital
2
2
Profit and loss account
62,302
55,100
Shareholders' funds
62,304
55,102
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 25 October 2024 and were signed on its behalf by
Stephen Westall
Director
Company Registration No. SC654593
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD
Notes to the Accounts
for the year ended 29 February 2024
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD is a private company, limited by shares, registered in Scotland, registration number SC654593. The registered office is 13 DEEBANK ROAD, BALLATER, AB35 5QT, SCOTLAND.
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.
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:
Fixtures & fittings
20% Rb
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
-
41,834
-
2,794
44,628
Additions
43,250
-
7,500
29,688
80,438
At 29 February 2024
43,250
41,834
7,500
32,482
125,066
At 1 March 2023
-
5,996
-
672
6,668
Charge for the year
-
4,183
1,875
425
6,483
At 29 February 2024
-
10,179
1,875
1,097
13,151
At 29 February 2024
43,250
31,655
5,625
31,385
111,915
At 28 February 2023
-
35,838
-
2,122
37,960
WESTALL & THOMAS INTERNATIONAL REAL ESTATE LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
1,433
1,332
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,000
3,000
Trade creditors
41,948
5,760
Taxes and social security
10
(1,303)
Other creditors
1,500
1,500
Loans from directors
4,318
4,564
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 0).