Company No:
Contents
| Director | Mr Kenneth Arnold |
| Registered office | 124 City Road |
| London | |
| EC1V 2NX | |
| United Kingdom |
| Company number | 13231579 (England and Wales) |
| Chartered accountants | Kreston Reeves LLP |
| 2nd Floor | |
| 168 Shoreditch High Street | |
| London | |
| E1 6RA |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Current assets | ||||
| Stocks |
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| Cash at bank and in hand | 3 |
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| 141 | 2,216,689 | |||
| Creditors: amounts falling due within one year | 4 |
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(
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| Net current assets/(liabilities) | 141 | (274,993) | ||
| Total assets less current liabilities | 141 | (274,993) | ||
| Net assets/(liabilities) |
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(
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| Capital and reserves | ||||
| Called-up share capital | 5 |
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| Profit and loss account | (
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(
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| Total shareholder's funds/(deficit) |
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(
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Director's responsibilities:
The financial statements of West 28th Capital Limited (registered number:
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Mr Kenneth Arnold
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
West 28th Capital Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 124 City Road, London, EC1V 2NX, United Kingdom. The principal activity of the company during the period continued to be that of financial intermediation.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The company ceased to trade on 31st March 2025. The principal activity of the company since cessation is that of a dormant company.
The Company's functional and presentational currency is GBP.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Nonmonetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
Revenue is recognised in the period in which the claim is realized and when the significant risks and rewards of ownership have been substantially transferred.
Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
| 2025 | 2024 | ||
| Number | Number | ||
| Director |
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| 2025 | 2024 | ||
| £ | £ | ||
| Cash at bank and in hand |
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| 2025 | 2024 | ||
| £ | £ | ||
| Other creditors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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| Nil
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| 401 | 401 |