Westhead Developments Limited 03657421 true 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is acquisition, improvement and onward sale of property Digita Accounts Production Advanced 6.30.9574.0 true true 03657421 2023-10-01 2024-09-30 03657421 2024-09-30 03657421 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-09-30 03657421 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 03657421 core:OtherPropertyPlantEquipment 2024-09-30 03657421 bus:SmallEntities 2023-10-01 2024-09-30 03657421 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 03657421 bus:FilletedAccounts 2023-10-01 2024-09-30 03657421 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 03657421 bus:RegisteredOffice 2023-10-01 2024-09-30 03657421 bus:CompanySecretary1 2023-10-01 2024-09-30 03657421 bus:Director1 2023-10-01 2024-09-30 03657421 bus:Director3 2023-10-01 2024-09-30 03657421 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-10-01 2024-09-30 03657421 bus:EntityNoLongerTradingButTradedInPast 2023-10-01 2024-09-30 03657421 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03657421 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 03657421 countries:EnglandWales 2023-10-01 2024-09-30 03657421 2023-09-30 03657421 core:OtherPropertyPlantEquipment 2023-09-30 03657421 2022-10-01 2023-09-30 03657421 2023-09-30 03657421 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-09-30 03657421 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 03657421 core:OtherPropertyPlantEquipment 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03657421

Westhead Developments Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Westhead Developments Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Westhead Developments Limited

Company Information

Directors

David Alexander Gill

Darren Baker

Company secretary

Vincent Paul Swallow

Registered office

Willsgrove
10 The Chimes Deans Close
High Wycombe
Buckinghamshire
HP12 3HR

Accountants

AMS Accountants Corporate Ltd
Floor 2
9 Portland Street
Manchester
M1 3BE

 

Westhead Developments Limited

(Registration number: 03657421)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

72

72

Creditors: Amounts falling due within one year

5

(256,875)

(256,875)

Net liabilities

 

(256,803)

(256,803)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(256,903)

(256,903)

Shareholders' deficit

 

(256,803)

(256,803)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 5 June 2025 and signed on its behalf by:
 

.........................................
David Alexander Gill
Director

 

Westhead Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Willsgrove
10 The Chimes Deans Close
High Wycombe
Buckinghamshire
HP12 3HR

These financial statements were authorised for issue by the Board on 5 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors continue to provide financial support to the company to esure it meets its obligations as they fall due. On this basis the directors consider that it remains appropriate to prepare the accounts on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Other property, plant and equipment

25% straight line

 

Westhead Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

 

Westhead Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2023

17,002

17,002

At 30 September 2024

17,002

17,002

Depreciation

At 1 October 2023

16,930

16,930

At 30 September 2024

16,930

16,930

Carrying amount

At 30 September 2024

72

72

At 30 September 2023

72

72

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

256,875

256,875

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100