West Ewell Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08620775

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		3,149,966		3,149,966

			3,149,966		3,149,966
CURRENT ASSETS
Debtors	5	60,620		188,388
Cash at bank and in hand		201,377		68,712

		261,997		257,100
Creditors: Amounts Falling Due Within One Year	6	(409,354 )		(301,906 )

NET CURRENT ASSETS (LIABILITIES)			(147,357 )		(44,806 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,002,609		3,105,160

Creditors: Amounts Falling Due After More Than One Year	7		(2,299,730 )		(2,394,583 )

NET ASSETS			702,879		710,577

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			702,779		710,477

SHAREHOLDERS' FUNDS			702,879		710,577

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West Ewell Ltd

Balance Sheet (continued)

As At 31 July 2024

For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Samitkumar Patel

Director

26 August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

West Ewell Limited is a private company, limited by shares, incorporated in England and Wales, registered number 08620775. The registered office is 30 The Ridge,Purley England CR8 3PE

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the

significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.3. Investment Properties

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.4. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets

and liabilities are not discounted

2.5. Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation

at the reporting date as a result of a past event, it is probable that economic benefit will be

transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 August 2023	3,149,966

As at 31 July 2024	3,149,966

Provision
As at 1 August 2023	-

As at 31 July 2024	-

...CONTINUED

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West Ewell Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

Net Book Value
As at 31 July 2024	3,149,966

As at 1 August 2023	3,149,966

Detailes of undertakings

Details of investments (including principal place of business of unincorporated entities) in which

the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking Holding Proporation of voting rights &shares

Subsidiary undertakings

Celticpharm Limited Ordinary shares 100%

Gaiger Limited Ordinary shares 100%

Ricky's (Ewell) Limited Ordinary shares 100%

Registered office

30 The Ridge, Purley, England, CR8 3PE

Principal activity: Dispensing chemist in specialised stores.

The profit for the financial period Celticpharm Limited was £104,282.00 and the aggregate amount of capital and reserve at the end of the period was £837,394.00

The profit for the financial period Gaiger Limited was £165,917.00 and the aggregate amount of capital and reserve at the end of the period was £520,737.00

The profit for the financial period Ricky's (Ewell) Limited was £71,755.00 and the aggregate amount of capital and reserve at the end of the period was £38,499.00

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	60,620	188,388

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	386,401	236,754
Taxation and social security	22,953	65,152

	409,354	301,906

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	2,299,730	2,394,583

8. Related Party Transactions

Mr Samitkumar Patel and Mrs Sheena Patel are directors of the company.

At the end of the year amount owed by the directors to the company is £10,620.00 (2023:£185,620).

During the year the company has declared dividends of £72,000.00. (2023:£70,000.00).

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West Ewell Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

9. Ultimate Controlling Party

Summary of transactions with subsidiaries

Celticpharm Ltd

(100% subsidiary undertaking of West Ewell Limited)

At the balance sheet date the amount due to Celticpharm Ltd was £192,300.26 (2023:£164,075.26) . The loan is interest free and repayable on demand.

Ricky's (Ewell) Limited

(100% subsidiary undertaking of West Ewell Limited)

At the balance sheet date the amount due to Ricky's (Ewell) Limited was £113,932.14 (2023:£67,470.27) . The loan is interest free and repayable on demand.

Gaiger Limited

(100% subsidiary undertaking of West Ewell Limited)

At the balance sheet date the amount due to Gaiger Limited was £80,169.42. The loan is interest free and repayable on demand.

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