Company registration number 02941867 (England and Wales)
WEST STOW (STUD) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
WEST STOW (STUD) LIMITED
CONTENTS
Page
Director's report
1
Balance sheet
2
Notes to the financial statements
3 - 5
WEST STOW (STUD) LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
- 1 -

The director presents his annual report and financial statements for the year ended 31 August 2024.

Director

The director who held office during the year are as follows:

F H Font
A Cuadra
(Retired 24 April 2025)
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
F H Font
Director
15 May 2025
WEST STOW (STUD) LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
296,502
303,549
Current assets
Stocks
36,810
36,810
Debtors
4
531,955
583,592
Cash at bank and in hand
1,512
5,867
570,277
626,269
Creditors: amounts falling due within one year
5
(1,085,817)
(1,098,590)
Net current liabilities
(515,540)
(472,321)
Net liabilities
(219,038)
(168,772)
Capital and reserves
Called up share capital
230,000
230,000
Profit and loss reserves
(449,038)
(398,772)
Total equity
(219,038)
(168,772)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 15 May 2025 and are signed on its behalf by:
F H Font
Director
Company registration number 02941867 (England and Wales)
WEST STOW (STUD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 3 -
1
Accounting policies
Company information

West Stow (Stud) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3B Rosemary House, Landwades Business Park, Kentford, Newmarket, Suffolk, CB8 7PN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

 

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Straight line over 50 years
Leasehold land and buildings
Straight line over 50 years
Plant and equipment
25% on reducing balance
1.4
Stocks

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

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

WEST STOW (STUD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
6
5
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 September 2023
551,512
125,180
676,692
Additions
-
0
8,000
8,000
At 31 August 2024
551,512
133,180
684,692
Depreciation and impairment
At 1 September 2023
256,031
117,112
373,143
Depreciation charged in the year
11,030
4,017
15,047
At 31 August 2024
267,061
121,129
388,190
Carrying amount
At 31 August 2024
284,451
12,051
296,502
At 31 August 2023
295,481
8,068
303,549
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
4,126
7,857
Amounts owed by group undertakings
521,275
568,271
Other debtors
6,554
7,464
531,955
583,592
WEST STOW (STUD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 5 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
34,173
41,468
Taxation and social security
420
604
Other creditors
1,051,224
1,056,518
1,085,817
1,098,590
6
Related party transactions
Transactions with related parties

In the year a total of £136,777 of sales have been made to Cuadra Africa SL who is the majority shareholder. A balance of £521,276 is owed to the Company the balance sheet date.

7
Parent company

The Company is controlled by Cuada Africa SL a business registered in Spain.

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