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REGISTERED NUMBER: 08791259 (England and Wales)















CHARLOTTE WESTGATE AND COMPANY LIMITED

Unaudited Financial Statements for the Year Ended 31 May 2024






CHARLOTTE WESTGATE AND COMPANY LIMITED (REGISTERED NUMBER: 08791259)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2 to 3


CHARLOTTE WESTGATE AND COMPANY LIMITED (REGISTERED NUMBER: 08791259)

Balance Sheet
31 May 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 20 677

Current assets
Debtors 5 350 60,072
Cash at bank 70,059 389
70,409 60,461
Creditors
Amounts falling due within one year 6 45,565 43,760
Net current assets 24,844 16,701
Total assets less current liabilities 24,864 17,378

Creditors
Amounts falling due after more than one year 7 (12,000 ) (14,000 )

Provisions for liabilities - (169 )
Net assets 12,864 3,209

Capital and reserves
Called up share capital 8 1 1
Retained earnings 12,863 3,208
Shareholders' funds 12,864 3,209

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 12 March 2025 and were signed by:





Mrs C A Westgate - Director


CHARLOTTE WESTGATE AND COMPANY LIMITED (REGISTERED NUMBER: 08791259)

Notes to the Financial Statements
for the year ended 31 May 2024

1. Statutory information

Charlotte Westgate and Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08791259

Registered office: 3rd Floor
86 - 90 Paul Street
London
EC2A 4NE

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on 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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

CHARLOTTE WESTGATE AND COMPANY LIMITED (REGISTERED NUMBER: 08791259)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

4. Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 June 2023
and 31 May 2024 4,305
Depreciation
At 1 June 2023 3,628
Charge for year 657
At 31 May 2024 4,285
Net book value
At 31 May 2024 20
At 31 May 2023 677

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 350 -
Directors' current accounts - 60,072
350 60,072

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 2,000 2,000
Trade creditors 3,118 1,654
Corporation tax 29,713 36,839
Other creditors 414 337
Directors' current accounts 7,237 -
Accrued expenses 3,083 2,930
45,565 43,760

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans - 1-2 years 12,000 14,000

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1 Ordinary 1.00 1 1

9. Ultimate controlling party

The controlling party is Mrs C A Westgate.