Company Registration No. 12294771 (England and Wales)
WEST GROWTH UK LTD
Unaudited accounts
for the year ended 30 June 2024
WEST GROWTH UK LTD
Unaudited accounts
Contents
WEST GROWTH UK LTD
Company Information
for the year ended 30 June 2024
Directors
CHEUNG, Kin Ping
LEUNG, Chi King Tommy
LO, Ka Ki Beon
YAP, Mei Kheng
Company Number
12294771 (England and Wales)
Registered Office
BAY 4, WESTON CENTRE
WESTON ROAD
CREWE
CW1 6FL
ENGLAND
Accountants
My Synergy Limited
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
WEST GROWTH UK LTD
Statement of financial position
as at 30 June 2024
Tangible assets
63,543
31,341
Inventories
343,592
213,532
Cash at bank and in hand
200,898
355,277
Creditors: amounts falling due within one year
(552,600)
(535,624)
Net current assets
107,854
211,693
Net assets
171,397
243,034
Called up share capital
100
100
Profit and loss account
171,297
242,934
Shareholders' funds
171,397
243,034
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by
LEUNG, Chi King Tommy
Director
Company Registration No. 12294771
WEST GROWTH UK LTD
Notes to the Accounts
for the year ended 30 June 2024
WEST GROWTH UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12294771. The registered office is BAY 4, WESTON CENTRE, WESTON ROAD, CREWE, CW1 6FL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% WDV
Computer equipment
25% WDV
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
25,063
23,333
365
48,761
Additions
2,596
42,779
138
45,513
At 30 June 2024
27,659
66,112
503
94,274
At 1 July 2023
17,260
-
160
17,420
Charge for the year
2,530
10,695
86
13,311
At 30 June 2024
19,790
10,695
246
30,731
At 30 June 2024
7,869
55,417
257
63,543
At 30 June 2023
7,803
23,333
205
31,341
WEST GROWTH UK LTD
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
82,657
166,514
Accrued income and prepayments
2,409
1,771
Amounts falling due after more than one year
Other debtors
30,898
10,223
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
145,896
60,773
Amounts owed to group undertakings and other participating interests
325,021
324,214
Taxes and social security
6,233
3,546
Loans from directors
73,425
85,886
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Transactions with related parties
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
The company is 50% controlled by CCL Holding Company Limited held at 11 York Street, Parnell, Auckland and 25% controlled by Lo Ka Ki Beon and 25% controlled by Leung Chi King Tommy.
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Average number of employees
During the year the average number of employees was 6 (2023: 4).