1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,602 1,025 116 1,141 461 577 xbrli:pure xbrli:shares iso4217:GBP 05904864 2023-06-01 2024-05-31 05904864 2024-05-31 05904864 2023-05-31 05904864 2022-06-01 2023-05-31 05904864 2023-05-31 05904864 2022-05-31 05904864 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 05904864 bus:Director1 2023-06-01 2024-05-31 05904864 core:FurnitureFittings 2023-05-31 05904864 core:FurnitureFittings 2024-05-31 05904864 core:WithinOneYear 2024-05-31 05904864 core:WithinOneYear 2023-05-31 05904864 core:ShareCapital 2024-05-31 05904864 core:ShareCapital 2023-05-31 05904864 core:RetainedEarningsAccumulatedLosses 2024-05-31 05904864 core:RetainedEarningsAccumulatedLosses 2023-05-31 05904864 core:FurnitureFittings 2023-06-01 2024-05-31 05904864 core:FurnitureFittings 2023-05-31 05904864 bus:SmallEntities 2023-06-01 2024-05-31 05904864 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05904864 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05904864 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05904864 bus:FullAccounts 2023-06-01 2024-05-31 05904864 bus:OrdinaryShareClass1 2024-05-31 05904864 bus:OrdinaryShareClass1 2023-05-31
COMPANY REGISTRATION NUMBER: 05904864
WEST PARK PROJECT MANAGEMENT LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 May 2024
WEST PARK PROJECT MANAGEMENT LTD
STATEMENT OF FINANCIAL POSITION
31 May 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
461
577
CURRENT ASSETS
Debtors
6
1,276
10,562
Cash at bank and in hand
12,886
6,978
--------
--------
14,162
17,540
CREDITORS: amounts falling due within one year
7
8,804
10,953
--------
--------
NET CURRENT ASSETS
5,358
6,587
-------
-------
TOTAL ASSETS LESS CURRENT LIABILITIES
5,819
7,164
PROVISIONS
Taxation including deferred tax
88
110
-------
-------
NET ASSETS
5,731
7,054
-------
-------
CAPITAL AND RESERVES
Called up share capital
8
2
2
Profit and loss account
5,729
7,052
-------
-------
SHAREHOLDERS FUNDS
5,731
7,054
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
WEST PARK PROJECT MANAGEMENT LTD
STATEMENT OF FINANCIAL POSITION (continued)
31 May 2024
These financial statements were approved by the board of directors and authorised for issue on 19 February 2025 , and are signed on behalf of the board by:
S J COMBA Director
Company registration number: 05904864
WEST PARK PROJECT MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 May 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 35 Victoria Street, Shifnal, Shropshire, TF11 8AE.
2. STATEMENT OF COMPLIANCE
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'.
3. ACCOUNTING POLICIES
Basis of preparation
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. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for ongoing services is recognised by reference to the stage of completion.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and equipment
-
15%, 25% and 33.33% reducing balance
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. TANGIBLE ASSETS
Fixtures and equipment
Total
£
£
Cost
At 1 June 2023 and 31 May 2024
1,602
1,602
-------
-------
Depreciation
At 1 June 2023
1,025
1,025
Charge for the year
116
116
-------
-------
At 31 May 2024
1,141
1,141
-------
-------
Carrying amount
At 31 May 2024
461
461
-------
-------
At 31 May 2023
577
577
-------
-------
6. DEBTORS
2024
2023
£
£
Trade debtors
1,276
1,190
Other debtors
9,372
-------
--------
1,276
10,562
-------
--------
7. CREDITORS: amounts falling due within one year
2024
2023
£
£
Corporation tax
3,531
2,979
Other creditors
5,273
7,974
-------
--------
8,804
10,953
-------
--------
8. CALLED UP SHARE CAPITAL
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
2
2
2
2
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