REGISTERED NUMBER: 11261225 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Westerfield Consultancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E Scott

Mr P Scott

REGISTERED OFFICE:

62 Westerfield Road

Ipswich

IP4 2XN

REGISTERED NUMBER:

11261225 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Oaklea House

46 Coatham Road

Redcar

TS10 1RS

Current assets

Debtors

4

538,556

586,834

Investments

5

717,515

511,932

Cash at bank

6,623

29,703

1,262,694

1,128,469

Creditors

Amounts falling due within one year

6

(787,685

)

(597,516

)

Net current assets

475,009

530,953

Total assets less current liabilities

475,009

530,953

Creditors

Amounts falling due after more than one year

7

(20,833

)

(25,833

)

Net assets

454,176

505,120

Capital and reserves

Called up share capital

200

100

Retained earnings

8

453,976

505,020

454,176

505,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 15 September 2025 and were signed on its behalf by:

Mr P Scott - Director

1.	STATUTORY INFORMATION

Westerfield Consultancy 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.

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.

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.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

85,257

126,465

Other debtors

439,531

431,024

Directors' current accounts

10,392

29,345

Tax

3,376

-

538,556

586,834

5.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other

717,515

511,932

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,000

5,000

Corporation tax

855

12,456

Other creditors

780,950

579,001

Accrued expenses

880

1,059

787,685

597,516

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

20,833

25,833

8.

RESERVES

Retained

earnings

£

At 1 April 2024

505,020

Deficit for the year

(1,044

)

Dividends

(50,000

)

At 31 March 2025

453,976

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr P Scott and Mrs E Scott

Balance outstanding at start of year

29,345

(343

)

Amounts advanced

13,359

30,000

Amounts repaid

(32,312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,392

29,345