Registered number
07343487
Westridge Corporation Limited
Unaudited Filleted Accounts
31 August 2024
Westridge Corporation Limited
Registered number: 07343487
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Current assets
Debtors 4 51 145
Cash at bank and in hand 306 8,734
357 8,879
Creditors: amounts falling due within one year 5 (6,091) (3,597)
Net current (liabilities)/assets (5,734) 5,282
Net (liabilities)/assets (5,734) 5,282
Capital and reserves
Called up share capital 100 100
Profit and loss account (5,834) 5,182
Shareholder's funds (5,734) 5,282
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr C Chukwuedo
Director
Approved by the board on 10 March 2025
Westridge Corporation Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
including director
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