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REGISTERED NUMBER: 04872424 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Westgarth Ltd

Westgarth Ltd (Registered number: 04872424)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westgarth Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr P J French
Mr G M French





SECRETARY: Mr G M French





REGISTERED OFFICE: 3 Pacific Court
Pacific Road
Altrincham
Cheshire
WA14 5BJ





REGISTERED NUMBER: 04872424 (England and Wales)





ACCOUNTANTS: Lucas Reis Ltd
Chartered Accountants
Lansdowne House
85 Buxton Road
Stockport
Cheshire
SK2 6LR

Westgarth Ltd (Registered number: 04872424)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 65,481 15,749
Investments 6 130,668 123,389
196,149 139,138

CURRENT ASSETS
Debtors 7 158,657 121,595
Investments 8 1,259 1,244
Cash at bank 258,304 436,058
418,220 558,897
CREDITORS
Amounts falling due within one year 9 145,421 263,064
NET CURRENT ASSETS 272,799 295,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

468,948

434,971

PROVISIONS FOR LIABILITIES 5,120 2,992
NET ASSETS 463,828 431,979

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 462,828 430,979
SHAREHOLDERS' FUNDS 463,828 431,979

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

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

Westgarth Ltd (Registered number: 04872424)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:




Mr G M French - Director



Mr P J French - Director


Westgarth Ltd (Registered number: 04872424)

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

1. STATUTORY INFORMATION

Westgarth 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of fifteen years.

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 etc - 25% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Westgarth Ltd (Registered number: 04872424)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The Company contributes to a defined contributions pension scheme. Contributions payable to the nominated workplace 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 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 400,000
AMORTISATION
At 1 September 2023
and 31 August 2024 400,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 55,463
Additions 69,039
At 31 August 2024 124,502
DEPRECIATION
At 1 September 2023 39,714
Charge for year 19,307
At 31 August 2024 59,021
NET BOOK VALUE
At 31 August 2024 65,481
At 31 August 2023 15,749

Westgarth Ltd (Registered number: 04872424)

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

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 September 2023 123,389
Revaluations 7,279
At 31 August 2024 130,668
NET BOOK VALUE
At 31 August 2024 130,668
At 31 August 2023 123,389

Cost or valuation at 31 August 2024 is represented by:

Other
investments
£   
Valuation in 2020 12,460
Valuation in 2021 11,213
Valuation in 2022 2,459
Valuation in 2023 (2,743 )
Valuation in 2024 7,279
Cost 100,000
130,668

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 61,323 31,544
Other debtors 8,000 -
VAT 21,048 19,783
Prepayments and accrued income 68,286 70,268
158,657 121,595

8. CURRENT ASSET INVESTMENTS
31.8.24 31.8.23
£    £   
Other Investments 1,259 1,244

Westgarth Ltd (Registered number: 04872424)

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

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Taxation and social security 74,442 76,689
Other creditors 70,979 186,375
145,421 263,064

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P J French.