REGISTERED NUMBER: 03814994 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2024 TO 29 DECEMBER 2024

FOR

WEST END WINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J S Goard

Mr J R Mills

REGISTERED OFFICE:

5 Giffard Court

Millbrook Close

Northampton

Northamptonshire

NN5 5JF

REGISTERED NUMBER:

03814994 (England and Wales)

ACCOUNTANTS:

Cube Partners Limited

Chartered Accountants

5 Giffard Court

Millbrook Close

Northampton

Northamptonshire

NN5 5JF

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

27,888

15,623

27,888

15,623

CURRENT ASSETS

Stocks

99,625

110,466

Debtors

7

632,038

119,403

Cash at bank and in hand

136,102

564,175

867,765

794,044

CREDITORS

Amounts falling due within one year

8

522,805

462,358

NET CURRENT ASSETS

344,960

331,686

TOTAL ASSETS LESS CURRENT LIABILITIES

372,848

347,309

CREDITORS

Amounts falling due after more than one year

9

(9,640

)

(19,908

)

PROVISIONS FOR LIABILITIES

(86,570

)

(83,416

)

NET ASSETS

276,638

243,985

CAPITAL AND RESERVES

Called up, fully paid share capital

100

100

Retained earnings

276,538

243,885

SHAREHOLDERS' FUNDS

276,638

243,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mr J S Goard - Director

1.	STATUTORY INFORMATION

West End Wings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover

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

Revenue is recognised at the point services are provided.

Franchise fees and startup costs

It is the company's policy to capitalise franchise fees for each restaurant. It then writes off the franchise fees over 10 years on a straight line basis. Startup costs are written off to the profit and loss account in the first year of operation.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Restaurant & office equipment

-

20% on cost

Computer equipment

-

25% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

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

Financial instruments

Cash and cash equivalents in the balance sheet comprises of cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income and under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 41 (2023 - 44 ) .

5.	INTANGIBLE FIXED ASSETS

Franchise

fee

£

COST

At 1 January 2024

and 29 December 2024

45,403

AMORTISATION

At 1 January 2024

and 29 December 2024

45,403

NET BOOK VALUE

At 29 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Restaurant

& office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 January 2024

198,016

-

198,016

Additions

18,820

910

19,730

At 29 December 2024

216,836

910

217,746

DEPRECIATION

At 1 January 2024

182,393

-

182,393

Charge for period

7,219

246

7,465

At 29 December 2024

189,612

246

189,858

NET BOOK VALUE

At 29 December 2024

27,224

664

27,888

At 31 December 2023

15,623

-

15,623

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

2,249

24,121

Other debtors

629,789

95,282

632,038

119,403

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,268

10,015

Trade creditors

173,930

138,651

Taxation and social security

122,567

173,895

Other creditors

216,040

139,797

522,805

462,358

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

9,640

19,908

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 29 December 2024 and 31 December 2023:

2024

2023

£

£

Mr J R Mills

Balance outstanding at start of period

2,600

(3,914

)

Amounts advanced

77,312

83,635

Amounts repaid

(76,759

)

(77,121

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

3,153

2,600

At the balance sheet date the directors owed the company £3,153 (2023: £2,600). No interest has been charged on these loans. This loan was repaid within 9 months of the year end.

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose intra-group transactions as the ultimate parent company during the year prepared consolidated financial statements which incorporate the results of this company.

12.	ULTIMATE PARENT COMPANY

The ultimate parent company at the year end was Hard Four Consultancy Limited, a company incorporated in England and Wales whose registered office is 5 Giffard Court, Millbrook Close, Northampton, NN5 5JF.