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REGISTERED NUMBER: 00930787 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Westpark Residents Management Co Limited

Westpark Residents Management Co Limited (Registered number: 00930787)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Westpark Residents Management Co Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A Dhasana
D A Mcleod
T Thomas
S C Ahmad
Ms C Obertelli





REGISTERED OFFICE: Unit 3
Colindeep Lane
London
NW9 6BX





REGISTERED NUMBER: 00930787 (England and Wales)






Westpark Residents Management Co Limited (Registered number: 00930787)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 11,699 11,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,699

11,699

RESERVES
Capital Reserve 11,699 11,699
11,699 11,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:





T Thomas - Director


Westpark Residents Management Co Limited (Registered number: 00930787)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Westpark Residents Management Co Limited is a private company, limited by guarantee without share capital, 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.

Tangible fixed assets and depreciation
The freehold property of the company represents the cost of acquiring the freehold reversion of Westpark, Eaton Rise, London, W5 2HH. No ground rents are collected from the tenants, who are also the whole of the members of the company. In the opinion of the directors, the value of the freehold will not vary significantly year by year and accordingly its revaluation would involve costs out of proportion to any changes in its value. The freehold is therefore stated at its historical cost.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 October 2023
and 30 September 2024 11,699
NET BOOK VALUE
At 30 September 2024 11,699
At 30 September 2023 11,699

Westpark Residents Management Co Limited (Registered number: 00930787)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. CONTRACTUAL COMMITMENTS

The company contracts with third parties in its own name for the supply of services to the property in accordance with the terms of the leases. Such liabilities are recoverable by way of service charge from the leaseholders. As a result, the directors consider it highly unlikely that any such liability would fail to be met by the company.