Westfort Advisors Limited

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

Registered number: 12406378

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		907		1,541

			907		1,541
CURRENT ASSETS
Debtors	5	194,951		252,114
Cash at bank and in hand		31,769		133,685

		226,720		385,799
Creditors: Amounts Falling Due Within One Year	6	(63,835 )		(119,996 )

NET CURRENT ASSETS (LIABILITIES)			162,885		265,803

TOTAL ASSETS LESS CURRENT LIABILITIES			163,792		267,344

Creditors: Amounts Falling Due After More Than One Year	7		(29,410 )		(32,329 )

NET ASSETS			134,382		235,015

CAPITAL AND RESERVES
Called up share capital	8		100		100
Other reserves			-		75,374
Profit and Loss Account			134,282		159,541

SHAREHOLDERS' FUNDS			134,382		235,015

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Westfort Advisors Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 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 R J Herring

Director

30/10/2025

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

1. General Information

Westfort Advisors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12406378 . The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well

placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has

adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the

going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal

course of business, and is shown of net of VAT and other sales related taxes. The fair value of consideration takes into

account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion

when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion

is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a

proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of

the expenses recognised that it is probable will be recovered.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% straight line

2.5. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the

lessor are charged to profit and loss account as incurred.

2.6. Foreign Currencies

Monetary 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 ruling on the date of the

transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the

statement of comprehensive income because of items of income or expense that are taxable or deductible in other

years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax

rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are

recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also

recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account

as they become payable in accordance with the rules of the scheme.

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Westfort Advisors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.9. Shareholder loans

The Company may enter into agreements with regards to financing of the company and based on the terms of those

agreement we determine if they are appropriately classified as debts or equity. We monitor these contracts on a

regular basis and if there is a change in their nature we reclassify accordingly.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 4)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 February 2024	5,374

As at 31 January 2025	5,374

Depreciation
As at 1 February 2024	3,833
Provided during the period	634

As at 31 January 2025	4,467

Net Book Value
As at 31 January 2025	907

As at 1 February 2024	1,541

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	111,773	230,867
Amounts owed by group undertakings	70,000	-
Other debtors	13,178	21,247

	194,951	252,114

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	38,069	341
Bank loans and overdrafts	5,977	5,330
Corporation tax	10,818	-
Other taxes and social security	-	18,462
VAT	-	34,760
Other creditors	8,971	6,382
Accruals and deferred income	-	54,721

	63,835	119,996

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Westfort Advisors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

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

	2025	2024
	£	£
Bank loans	29,410	32,329

Included in bank loans is a government backed bounce back loan, for which interest is payable at a rate of 2.5%. The loan is expected to be repaid in September 2029.

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Pension Commitments

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the statement of comprehensive income when they fall due. At the reporting date, pension payable is £Nil (2023 - £1,692). The assets of the plan are held separately from the company in independently administered funds.

10. Related Party Transactions

At the year end the balance owed to the directors was £8,971 (2024: £6,382). The loans are repayable on demand and

interest-free.

At the year end the balance owed was £Nil (2024: £75,374). The shareholder loans are included within capital as the loans are interest free and repayable at the borrowers sole election, in whole or in part, after the third anniversary of the date of the loan agreement.

11. Ultimate Controlling Party

In the opinion of the directors, there is no single ultimate controlling party.

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