Registration number:
Westfield Limited
for the Period from 1 July 2023 to 31 December 2024
Westfield Limited
Contents
Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Westfield Limited
(Registration number: 1460205)
Statement of Financial Position as at 31 December 2024
Note |
2024 |
2023 |
|
Fixed assets |
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Tangible assets |
- |
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Other financial assets |
- |
378 |
|
- |
|
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Current assets |
|||
Debtors |
- |
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Cash at bank and in hand |
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|
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net (liabilities)/assets |
( |
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Capital and reserves |
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Called up share capital |
243,100 |
243,100 |
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Retained earnings |
(244,081) |
(243,041) |
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Shareholders' (deficit)/funds |
(981) |
59 |
For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Westfield Limited
(Registration number: 1460205)
Statement of Financial Position as at 31 December 2024
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.
Approved and authorised by the
......................................... |
Westfield Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 31 December 2024
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Fixtures and Fittings |
15% on cost |
Motor Vehicles |
25% on cost |
Computer equipment |
25% on cost |
Westfield Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 31 December 2024
Investments
Listed investments are valued at their market value at the balance sheet date and any changes in their fair value between the previous year end or acquisition, as applicable are recognised in the income statement.
Financial instruments
Classification
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Tangible assets |
Furniture, fittings and equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 July 2023 |
|
|
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Disposals |
( |
( |
( |
At 31 December 2024 |
- |
- |
- |
Depreciation |
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At 1 July 2023 |
|
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Charge for the period |
|
- |
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Eliminated on disposal |
( |
( |
( |
At 31 December 2024 |
- |
- |
- |
Carrying amount |
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At 31 December 2024 |
- |
- |
- |
At 30 June 2023 |
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- |
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Westfield Limited
Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 31 December 2024
Other financial assets (current and non-current) |
Financial assets at fair value through profit and loss |
Total |
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Non-current financial assets |
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Cost or valuation |
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At 1 July 2023 |
378 |
378 |
Fair value adjustments |
10 |
10 |
Disposals |
(388) |
(388) |
At 31 December 2024 |
- |
- |
Carrying amount |
||
At 31 December 2024 |
- |
- |
Debtors |
2024 |
2023 |
|
Prepayments |
- |
|
- |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Due within one year |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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