REGISTERED NUMBER: 12293141 (England and Wales)

Financial Statements

for the Year Ended 30th June 2025

for

J West Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J H West

REGISTERED OFFICE:

Chance House

Main Street

Coln St. Aldwyns

Cirencester

Gloucestershire

GL7 5AN

REGISTERED NUMBER:

12293141 (England and Wales)

ACCOUNTANTS:

Woodward Hale

Chartered Accountants

38 Dollar Street

Cirencester

Gloucestershire

GL7 2AN

FIXED ASSETS

Tangible assets

4

2,655

5,084

CURRENT ASSETS

Stocks

10,736

-

Debtors

5

130,378

-

Cash at bank

7,946

263,812

149,060

263,812

CREDITORS

Amounts falling due within one year

6

4,297

129,006

NET CURRENT ASSETS

144,763

134,806

TOTAL ASSETS LESS CURRENT LIABILITIES

147,418

139,890

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

147,416

139,888

147,418

139,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25th September 2025 and were signed by:

J H West - Director

1.	STATUTORY INFORMATION

J West Developments 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.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st July 2024

10,850

Additions

272

Disposals

(5,750

)

At 30th June 2025

5,372

DEPRECIATION

At 1st July 2024

5,766

Charge for year

664

Eliminated on disposal

(3,713

)

At 30th June 2025

2,717

NET BOOK VALUE

At 30th June 2025

2,655

At 30th June 2024

5,084

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

130,378

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,134

1,918

Other creditors

3,163

127,088

4,297

129,006

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th June 2025 and 30th June 2024:

2025

2024

£

£

J H West

Balance outstanding at start of year

(125,664

)

(760,520

)

Amounts advanced

256,314

636,005

Amounts repaid

(312

)

(1,149

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

130,338

(125,664

)

Interest is charged on overdrawn directors' loan account balances at the HMRC official rates.