Company Registration No. 08667122 (England and Wales)
United West Ltd
Unaudited accounts
for the year ended 31 August 2024
United West Ltd
Unaudited accounts
Contents
United West Ltd
Company Information
for the year ended 31 August 2024
Company Number
08667122 (England and Wales)
Registered Office
United West Ltd
The Grange
Market Square
Westerham
Kent
TN16 1HB
England
United West Ltd
Statement of financial position
as at 31 August 2024
Debtors
1,531,367
3,062,735
Creditors: amounts falling due within one year
(1,080,224)
(1,078,342)
Net current assets
451,143
1,984,393
Total assets less current liabilities
451,143
1,984,393
Creditors: amounts falling due after more than one year
(26,010)
(16,660)
Net assets
425,133
1,967,733
Called up share capital
2,050,100
2,050,100
Profit and loss account
(1,624,967)
(82,367)
Shareholders' funds
425,133
1,967,733
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 May 2025 and were signed on its behalf by
Mr WJ Perkins
Director
Company Registration No. 08667122
United West Ltd
Notes to the Accounts
for the year ended 31 August 2024
United West Ltd is a private company, limited by shares, registered in England and Wales, registration number 08667122. The registered office is United West Ltd, The Grange, Market Square, Westerham, Kent, TN16 1HB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The Company is not a going concern and the accounts currently reflect the break up position of the company
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
1,531,367
3,062,735
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
1,078,342
1,078,342
Loans from directors
1,882
-
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
25,610
16,040
Loans from directors
-
260
7
Post balance sheet events
The debtors relate to loans made to Grosvenor Bridging Loans Ltd. This company entered into Administration in September 2022. The Administrators are currently realising the assets and are of the opinion that they will not exceed 50p in the £.
The Director has made a bad debt provision of 50% of monies due.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).