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REGISTERED NUMBER: 08688738 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

WESTMORE INDUSTRIES LTD

WESTMORE INDUSTRIES LTD (REGISTERED NUMBER: 08688738)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WESTMORE INDUSTRIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mrs C R Enden





REGISTERED OFFICE: 115 Craven Park Road
London
London
N15 6BL





REGISTERED NUMBER: 08688738 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

WESTMORE INDUSTRIES LTD (REGISTERED NUMBER: 08688738)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Investments 4 123,211 123,211
Investment property 5 656,346 656,346
779,557 779,557

CURRENT ASSETS
Stocks 51,000 -
Debtors 6 23,099 8,184
Investments 7 250,000 250,000
Cash at bank and in hand 39,293 61,037
363,392 319,221
CREDITORS
Amounts falling due within one year 8 (447,371 ) (434,311 )
NET CURRENT LIABILITIES (83,979 ) (115,090 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

695,578

664,467

CREDITORS
Amounts falling due after more than one
year

9

(16,667

)

(26,667

)

PROVISIONS FOR LIABILITIES (19,895 ) (19,895 )
NET ASSETS 659,016 617,905

CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 11 104,709 104,709
Retained earnings 11 554,207 513,096
SHAREHOLDERS' FUNDS 659,016 617,905

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 director acknowledges her 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.

WESTMORE INDUSTRIES LTD (REGISTERED NUMBER: 08688738)

STATEMENT OF FINANCIAL POSITION - 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 director and authorised for issue on 26 June 2025 and were signed by:





Mrs C R Enden - Director


WESTMORE INDUSTRIES LTD (REGISTERED NUMBER: 08688738)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Westmore Industries Ltd 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

WESTMORE INDUSTRIES LTD (REGISTERED NUMBER: 08688738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. FIXED ASSET INVESTMENTS
Interest
in joint
venture
£   
COST
At 1 October 2023
and 30 September 2024 123,211
NET BOOK VALUE
At 30 September 2024 123,211
At 30 September 2023 123,211

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 656,346
NET BOOK VALUE
At 30 September 2024 656,346
At 30 September 2023 656,346

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2020 104,709
Cost 551,637
656,346

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 13,570 7,205
Other debtors 9,529 979
23,099 8,184

7. CURRENT ASSET INVESTMENTS
30.9.24 30.9.23
£    £   
Unlisted investments 250,000 250,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 18,336 8,616
Other creditors 429,035 425,695
447,371 434,311

WESTMORE INDUSTRIES LTD (REGISTERED NUMBER: 08688738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Other creditors 16,667 26,667

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 16,667 26,667

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 October 2023 513,096 104,709 617,805
Profit for the year 41,111 41,111
At 30 September 2024 554,207 104,709 658,916