Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312023-09-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3falseNo description of principal activity3truefalse SC288351 2023-09-01 2024-08-31 SC288351 2022-09-01 2023-08-31 SC288351 2024-08-31 SC288351 2023-08-31 SC288351 c:CompanySecretary1 2023-09-01 2024-08-31 SC288351 c:Director2 2023-09-01 2024-08-31 SC288351 c:Director3 2023-09-01 2024-08-31 SC288351 c:Director4 2023-09-01 2024-08-31 SC288351 c:RegisteredOffice 2023-09-01 2024-08-31 SC288351 d:CurrentFinancialInstruments 2024-08-31 SC288351 d:CurrentFinancialInstruments 2023-08-31 SC288351 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 SC288351 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 SC288351 d:ShareCapital 2024-08-31 SC288351 d:ShareCapital 2023-08-31 SC288351 d:RetainedEarningsAccumulatedLosses 2024-08-31 SC288351 d:RetainedEarningsAccumulatedLosses 2023-08-31 SC288351 c:OrdinaryShareClass1 2023-09-01 2024-08-31 SC288351 c:OrdinaryShareClass1 2024-08-31 SC288351 c:OrdinaryShareClass1 2023-08-31 SC288351 c:FRS102 2023-09-01 2024-08-31 SC288351 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC288351 c:FullAccounts 2023-09-01 2024-08-31 SC288351 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC288351 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC288351










WESTWATER ESTATES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

 
WESTWATER ESTATES LIMITED
 

COMPANY INFORMATION


DIRECTORS
S W D Laird 
M C Alexander 
M C Laird 




COMPANY SECRETARY
S W D Laird



REGISTERED NUMBER
SC288351



REGISTERED OFFICE
East Memus

Forfar

Angus

DD8 3TY




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
WESTWATER ESTATES LIMITED
REGISTERED NUMBER: SC288351

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
£
£

  

CURRENT ASSETS
  

Stocks
  
382,415
348,861

Cash at bank and in hand
  
631
281

  
383,046
349,142

Creditors: amounts falling due within one year
 4 
(478,323)
(439,385)

NET CURRENT LIABILITIES
  
 
 
(95,277)
 
 
(90,243)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(95,277)
(90,243)

  

NET LIABILITIES
  
(95,277)
(90,243)


CAPITAL AND RESERVES
  

Called up share capital 
 5 
99
99

Profit and loss account
  
(95,376)
(90,342)

  
(95,277)
(90,243)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 February 2025.




S W D Laird
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
WESTWATER ESTATES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


GENERAL INFORMATION

Westwater Estates Limited is a private company, limited by shares, incorporated in Scotland with registration number SC288351. The registered office is East Memus Office, East Memus, By Forfar, DD8 3TY.   
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

GOING CONCERN

The accounts have been prepared on the going concern basis.  The profit and loss reserves are overdrawn and the company is dependant on the continuing support from the directors. The directors have confirmed that they intend to support the company for the foreseeable future.

 
2.3

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 2

 
WESTWATER ESTATES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
4,187
-

Other creditors
473,056
438,034

Accruals and deferred income
1,080
1,351

478,323
439,385



5.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



99 (2023 - 99) Ordinary shares of £1.00 each
99
99


Page 3