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REGISTERED NUMBER: 02591835 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

WEST END STUDIOS LIMITED

WEST END STUDIOS LIMITED (REGISTERED NUMBER: 02591835)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WEST END STUDIOS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: G R Power





REGISTERED OFFICE: The Old Biscuit Factory
Finmere Close
Eastbourne
East Sussex
BN22 8QN





REGISTERED NUMBER: 02591835 (England and Wales)





ACCOUNTANTS: Dominic Hill Associates Limited
Archer House
Britland Estate
Northbourne Road
Eastbourne
BN22 8PW

WEST END STUDIOS LIMITED (REGISTERED NUMBER: 02591835)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,263 2,305,805

CURRENT ASSETS
Stocks 252,723 372,947
Debtors 5 1,553,317 793,470
Cash at bank and in hand 76,030 222,897
1,882,070 1,389,314
CREDITORS
Amounts falling due within one year 6 579,172 616,138
NET CURRENT ASSETS 1,302,898 773,176
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,443,161

3,078,981

CREDITORS
Amounts falling due after more than one
year

7

-

822,902
NET ASSETS 1,443,161 2,256,079

CAPITAL AND RESERVES
Called up share capital 64 64
Revaluation reserve 8 - 518,056
Capital redemption reserve 1,937 1,937
Retained earnings 1,441,160 1,736,022
SHAREHOLDERS' FUNDS 1,443,161 2,256,079

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

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

The director acknowledges his 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.

WEST END STUDIOS LIMITED (REGISTERED NUMBER: 02591835)

BALANCE SHEET - continued
31 JULY 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 director and authorised for issue on 24 February 2025 and were signed by:





G R Power - Director


WEST END STUDIOS LIMITED (REGISTERED NUMBER: 02591835)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

West End Studios 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 as modified by the revaluation of certain assets.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 19 ) .

WEST END STUDIOS LIMITED (REGISTERED NUMBER: 02591835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 August 2023 2,150,000 2,207,972 4,357,972
Additions - 37,179 37,179
Disposals (2,150,000 ) - (2,150,000 )
At 31 July 2024 - 2,245,151 2,245,151
DEPRECIATION
At 1 August 2023 - 2,052,167 2,052,167
Charge for year - 52,721 52,721
At 31 July 2024 - 2,104,888 2,104,888
NET BOOK VALUE
At 31 July 2024 - 140,263 140,263
At 31 July 2023 2,150,000 155,805 2,305,805

Cost or valuation at 31 July 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2023 2,150,000 2,207,972 4,357,972
Valuation in 2024 (2,150,000 ) 37,179 (2,112,821 )
- 2,245,151 2,245,151

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 730,969 495,428
Amounts owed by group undertakings 741,444 -
Other debtors 80,904 298,042
1,553,317 793,470

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,822 115,031
Trade creditors 118,593 100,392
Taxation and social security 79,604 75,660
Other creditors 371,153 325,055
579,172 616,138

WEST END STUDIOS LIMITED (REGISTERED NUMBER: 02591835)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 822,902

8. RESERVES
Revaluatio
reserve
£   
At 1 August 2023 518,056
Revaluation Reserve (518,056 )

At 31 July 2024 -

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is West End Studios Holdings Limited.