Acorah Software Products - Accounts Production 16.1.200 false true true false 25 April 2023 30 April 2024 30 April 2024 14827466 Mr W Brewster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14827466 2023-04-24 14827466 2024-04-30 14827466 2023-04-25 2024-04-30 14827466 frs-core:CurrentFinancialInstruments 2024-04-30 14827466 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 14827466 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-25 2024-04-30 14827466 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-24 14827466 frs-core:ShareCapital 2024-04-30 14827466 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14827466 frs-bus:PrivateLimitedCompanyLtd 2023-04-25 2024-04-30 14827466 frs-bus:FilletedAccounts 2023-04-25 2024-04-30 14827466 frs-bus:SmallEntities 2023-04-25 2024-04-30 14827466 frs-bus:AuditExempt-NoAccountantsReport 2023-04-25 2024-04-30 14827466 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-25 2024-04-30 14827466 frs-bus:Director1 2023-04-25 2024-04-30 14827466 frs-countries:EnglandWales 2023-04-25 2024-04-30
Registered number: 14827466
Westmead Rentals Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14827466
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 124,190
124,190
CURRENT ASSETS
Debtors 5 5,629
Cash at bank and in hand 50,206
55,835
Creditors: Amounts Falling Due Within One Year 6 (204,336 )
NET CURRENT ASSETS (LIABILITIES) (148,501 )
TOTAL ASSETS LESS CURRENT LIABILITIES (24,311 )
NET LIABILITIES (24,311 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (24,411 )
SHAREHOLDERS' FUNDS (24,311)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 W Brewster
Director
20 January 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Westmead Rentals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14827466 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold N/A
2.5. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
Page 2
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4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 25 April 2023 -
Additions 124,190
As at 30 April 2024 124,190
Net Book Value
As at 30 April 2024 124,190
As at 25 April 2023 -
5. Debtors
2024
£
Due within one year
Deferred tax current asset 5,629
6. Creditors: Amounts Falling Due Within One Year
2024
£
Accruals and deferred income 1,630
Director's loan account 202,706
204,336
7. Share Capital
2024
£
Allotted, Called up and fully paid 100
8. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
9. Related Party Transactions
The following related party transactions were undertaken during the year:
A director of the company withdrew amounts totalling £11,547 and introduced amounts totalling £213,941. At the balance sheet date the balance payable to the director was £202,394.
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be
disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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