CITYWEST HOMES LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CityWest Homes Limited is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. The registered office is Westminister City Council, 64 Victoria Street, London SW1E 6QP.
Following the transfer of trade and assets to Westminster City Council on 31 March 2019, the company has remained inactive.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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Financial Reporting Standard 102 - reduced disclosure exemptions
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The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Westminster City Council as at 31 March 2025 and these financial statements may be obtained from the Westminster City Council website at www.westminster.gov.uk/annual-accounts.
The director has prepared the financial statements on the basis that the company is a going concern despite the transfer of trade and assets referred to at Note 1. As all assets and liabilities are carried at their recoverable amount, the use of an alternative basis would have no impact on the figures presented.
The company is a private company limited by guarantee and consequently does not have share capital.
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