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REGISTERED NUMBER: 02381856 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 June 2024

for

Westerby (Holdings) Limited

Westerby (Holdings) Limited (Registered number: 02381856)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Westerby (Holdings) Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: L J McLintic
S M Harvey
I R Jarvis
Sir H A C Morrison





REGISTERED OFFICE: The Crescent
King Street
Leicester
Leicestershire
LE1 6RX





REGISTERED NUMBER: 02381856 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Westerby (Holdings) Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Westerby (Holdings) Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Westerby (Holdings) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Westerby (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of Westerby (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Westerby (Holdings) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Westerby (Holdings) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Westerby (Holdings) Limited. You consider that Westerby (Holdings) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Westerby (Holdings) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


28 March 2025

Westerby (Holdings) Limited (Registered number: 02381856)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 212,002 212,002
212,002 212,002

CURRENT ASSETS
Cash at bank 149 54

CREDITORS
Amounts falling due within one year 6 1,534 1,395
NET CURRENT LIABILITIES (1,385 ) (1,341 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

210,617

210,661

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Other reserves 8 101,147 79,853
Retained earnings 8 108,470 129,808
SHAREHOLDERS' FUNDS 210,617 210,661

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

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

Westerby (Holdings) Limited (Registered number: 02381856)

Balance Sheet - continued
30 June 2024


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 28 March 2025 and were signed on its behalf by:





S M Harvey - Director


Westerby (Holdings) Limited (Registered number: 02381856)

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


1. STATUTORY INFORMATION

Westerby (Holdings) Limited is a private company, limited by shares , 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.

Preparation of consolidated financial statements
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2023
and 30 June 2024 22,227
DEPRECIATION
At 1 July 2023
and 30 June 2024 22,227
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

Westerby (Holdings) Limited (Registered number: 02381856)

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


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 260,002
PROVISIONS
At 1 July 2023
and 30 June 2024 48,000
NET BOOK VALUE
At 30 June 2024 212,002
At 30 June 2023 212,002

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 3 3
Accruals and deferred income 1,531 1,392
1,534 1,395

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 July 2023 129,808 79,853 209,661
Profit for the year 42,662 42,662
Dividends (64,000 ) (64,000 )
Other reserves - 21,294 21,294
At 30 June 2024 108,470 101,147 209,617

Westerby (Holdings) Limited (Registered number: 02381856)

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


9. SHARE-BASED PAYMENT TRANSACTIONS

The share option agreement on 24 September 2015 was surrendered on 3 October 2019. A new option dated 3 October 2019 was granted to a director for a maximum of 106 A Ordinary shares with an exercise price of £2,000.84 per share. This expiry date is 2 October 2029. During the year no share options were exercised . At the the balance sheet date all options remained.

10. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Westerby EOT Limited incorporated in England and Wales.