REGISTERED NUMBER: SC254760 (Scotland)

West Park House Limited

Unaudited Financial Statements

for the Year Ended 31 May 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I H Bright

SECRETARY:

Whitelaw Wells

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

EH3 6AT

REGISTERED NUMBER:

SC254760 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

Bank of Scotland

Reform Street

PO BOX 17235

Dundee

EH11 1YH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

129,348

204,532

129,348

204,532

CURRENT ASSETS

Stocks

88,250

88,250

Debtors

6

121,093

145,473

Cash at bank and in hand

114,273

20,181

323,616

253,904

CREDITORS

Amounts falling due within one year

7

184,071

231,096

NET CURRENT ASSETS

139,545

22,808

TOTAL ASSETS LESS CURRENT LIABILITIES

268,893

227,340

CREDITORS

Amounts falling due after more than one year

8

-

(36,351

)

PROVISIONS FOR LIABILITIES

-

(5,302

)

NET ASSETS

268,893

185,687

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

267,893

184,687

SHAREHOLDERS' FUNDS

268,893

185,687

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24 September 2025 and were signed by:

I H Bright - Director

1.	STATUTORY INFORMATION

West Park House Limited is a private company, limited by shares , registered in Scotland. 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 and revenue recognition

Turnover represents fees invoiced for the provision of nursing care services (all fees are exempt from value added tax).

Revenue is recognised when the nursing care service has been delivered to the individual.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 10% on cost

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

Financial instruments comprise financial assets and financial liabilities which are recognised when the company become a party to the contractual provisions of the instrument. Financial instruments are classified as "basic" in accordance with FRS 102 and are accounted for at amortised cost using the effective interest method.The effective interest rate is the rate that exactly discounts estimated future cash flows over the life of the financial assets or liability to the net carrying amount on initial recognition. Discounting is not applied to short-term receivables and payables, where the effect is immaterial.

Financial assets at cost compromise bank, trade debtors and other debtors. Financial liabilities compromise trade creditors, accruals and other creditors.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Provisions

Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

100,000

AMORTISATION

At 1 June 2024

and 31 May 2025

100,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

579,796

Additions

5,315

Disposals

(309,746

)

At 31 May 2025

275,365

DEPRECIATION

At 1 June 2024

375,264

Charge for year

39,140

Eliminated on disposal

(268,387

)

At 31 May 2025

146,017

NET BOOK VALUE

At 31 May 2025

129,348

At 31 May 2024

204,532

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 June 2024

117,213

Disposals

(82,719

)

At 31 May 2025

34,494

DEPRECIATION

At 1 June 2024

58,607

Charge for year

8,624

Eliminated on disposal

(41,360

)

At 31 May 2025

25,871

NET BOOK VALUE

At 31 May 2025

8,623

At 31 May 2024

58,606

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

89,062

111,962

Other debtors

32,031

33,511

121,093

145,473

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

682

19,696

Trade creditors

4,266

14,400

Taxation and social security

89,315

91,456

Other creditors

89,808

105,544

184,071

231,096

Included in other creditors are loans of £77,331 (2024: £71,795) repayable within one year.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

-

18,914

Other creditors

-

17,437

-

36,351

Included in other creditors is the portion of a £250,000 Bounce Back Loan of £nil (2024: £23,077) repayable in more than one year.

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

682

19,696

Between one and five years

-

18,914

682

38,610

Non-cancellable

operating leases

2025

2024

£

£

Within one year

95,307

92,304

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

77,331

89,232

Other loans are secured by the director who has given a personal guarantee to another lender.

The company's bank hold a bond and floating charge over the company's assets. The director has also given a personal guarantee over her personal property.