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REGISTERED NUMBER: 04535365 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Westmead Decorating Services Limited

Westmead Decorating Services Limited (Registered number: 04535365)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westmead Decorating Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: MJ Paffey
B J Paffey





SECRETARY: Mrs S Paffey





REGISTERED OFFICE: 7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG





REGISTERED NUMBER: 04535365 (England and Wales)






Westmead Decorating Services Limited (Registered number: 04535365)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 420 167

CURRENT ASSETS
Stocks 4,629 -
Debtors 5 5,201 523
Cash at bank 5,225 14,547
15,055 15,070
CREDITORS
Amounts falling due within one year 6 6,583 6,570
NET CURRENT ASSETS 8,472 8,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,892

8,667

PROVISIONS FOR LIABILITIES 195 195
NET ASSETS 8,697 8,472

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 8,577 8,352
SHAREHOLDERS' FUNDS 8,697 8,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Westmead Decorating Services Limited (Registered number: 04535365)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





MJ Paffey - Director


Westmead Decorating Services Limited (Registered number: 04535365)

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

1. STATUTORY INFORMATION

Westmead Decorating Services 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

Westmead Decorating Services Limited (Registered number: 04535365)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2023 6,250 1,267 7,517
Additions 329 - 329
At 30 September 2024 6,579 1,267 7,846
DEPRECIATION
At 1 October 2023 6,122 1,228 7,350
Charge for year 66 10 76
At 30 September 2024 6,188 1,238 7,426
NET BOOK VALUE
At 30 September 2024 391 29 420
At 30 September 2023 128 39 167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 4,640 -
Other debtors 561 523
5,201 523

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 2,566 3,003
Taxation and social security - 2,775
Other creditors 4,017 792
6,583 6,570

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year £18,317 (£11,050:2023) was paid to Mr B J Paffey for services provided to the company. The services were provided at the market value at the time of supply.

8. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr B J Paffey the majority shareholder.