2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-31 Sage Accounts Production Advanced 2024 - FRS102_2024 395,333 395,333 395,333 xbrli:pure xbrli:shares iso4217:GBP 10570077 2024-01-31 2025-01-30 10570077 2025-01-30 10570077 2024-01-30 10570077 2023-01-31 2024-01-30 10570077 2024-01-30 10570077 2023-01-30 10570077 bus:Director1 2024-01-31 2025-01-30 10570077 core:WithinOneYear 2025-01-30 10570077 core:WithinOneYear 2024-01-30 10570077 core:ShareCapital 2025-01-30 10570077 core:ShareCapital 2024-01-30 10570077 core:RetainedEarningsAccumulatedLosses 2025-01-30 10570077 core:RetainedEarningsAccumulatedLosses 2024-01-30 10570077 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-30 10570077 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-30 10570077 bus:SmallEntities 2024-01-31 2025-01-30 10570077 bus:AuditExemptWithAccountantsReport 2024-01-31 2025-01-30 10570077 bus:SmallCompaniesRegimeForAccounts 2024-01-31 2025-01-30 10570077 bus:PrivateLimitedCompanyLtd 2024-01-31 2025-01-30 10570077 bus:FullAccounts 2024-01-31 2025-01-30
COMPANY REGISTRATION NUMBER: 10570077
Westhartley Limited
Filleted Unaudited Financial Statements
30 January 2025
Westhartley Limited
Financial Statements
Year ended 30 January 2025
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Westhartley Limited
Statement of Financial Position
30 January 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
5
395,333
395,333
Current assets
Cash at bank and in hand
2,034
18,513
Creditors: amounts falling due within one year
6
305,306
329,899
---------
---------
Net current liabilities
303,272
311,386
---------
---------
Total assets less current liabilities
92,061
83,947
--------
--------
Net assets
92,061
83,947
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
91,961
83,847
--------
--------
Shareholders funds
92,061
83,947
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 March 2025 , and are signed on behalf of the board by:
Mr J D D P Edmonds
Director
Company registration number: 10570077
Westhartley Limited
Notes to the Financial Statements
Year ended 30 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered stated net of discounts.
Income tax
The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. No depreciation is charged in respect of investment property.
Investment property
Investment property is initially recorded at cost of £395,333, which includes purchase price and any directly attributable expenditure.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. The directors believe the original cost continues to reflect the fair value of the property.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. 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. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets
Investment property
£
Cost
At 31 January 2024 and 30 January 2025
395,333
---------
Depreciation
At 31 January 2024 and 30 January 2025
---------
Carrying amount
At 30 January 2025
395,333
---------
At 30 January 2024
395,333
---------
Included in the tangible assets is investment property which is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
6. Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
1,903
1,496
Other creditors
303,403
328,403
---------
---------
305,306
329,899
---------
---------