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REGISTERED NUMBER: 03491953 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WAYWEST PROPERTIES LIMITED

WAYWEST PROPERTIES LIMITED (REGISTERED NUMBER: 03491953)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WAYWEST PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: S A Robinson





SECRETARY: J A Robinson





REGISTERED OFFICE: Pitt Farm
Hunscote Lane
Wellesbourne
Warwickshire
CV35 9EX





REGISTERED NUMBER: 03491953 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants & Registered Auditors
Empress House
43a Binley Road
Coventry
CV3 1HU

WAYWEST PROPERTIES LIMITED (REGISTERED NUMBER: 03491953)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 210,783 210,783
210,783 210,783

CURRENT ASSETS
Debtors 6 16,340 41,150
Investments 7 - 175
Cash at bank 6,923 9,049
23,263 50,374
CREDITORS
Amounts falling due within one year 8 23,294 45,002
NET CURRENT (LIABILITIES)/ASSETS (31 ) 5,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

210,752

216,155

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 210,652 216,055
SHAREHOLDERS' FUNDS 210,752 216,155

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

WAYWEST PROPERTIES LIMITED (REGISTERED NUMBER: 03491953)

BALANCE SHEET - continued
31 AUGUST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





S A Robinson - Director


WAYWEST PROPERTIES LIMITED (REGISTERED NUMBER: 03491953)

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

1. STATUTORY INFORMATION

Waywest Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised in the accounting period in which the goods are supplied or the service carried out.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33.33% on cost

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

WAYWEST PROPERTIES LIMITED (REGISTERED NUMBER: 03491953)

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

2. ACCOUNTING POLICIES - continued

Current asset investments
Current asset investments are recognised at the lower of cost and net realisable value. Gains and losses are recognised in the profit & loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 September 2023
and 31 August 2024 545
DEPRECIATION
At 1 September 2023
and 31 August 2024 545
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 September 2023
and 31 August 2024 210,783
NET BOOK VALUE
At 31 August 2024 210,783
At 31 August 2023 210,783

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,160 36,720
Other debtors 180 4,430
16,340 41,150

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments - 175

WAYWEST PROPERTIES LIMITED (REGISTERED NUMBER: 03491953)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,392 33,573
Taxation and social security 6,734 8,823
Other creditors 4,168 2,606
23,294 45,002

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
S A Robinson
Balance outstanding at start of year - 8,488
Amounts advanced - 9,220
Amounts repaid - (17,708 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan is interest free and repayable upon demand.