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Company Registration No. 14327142 (England and Wales)
Winston Projects Ltd Unaudited accounts for the year ended 31 March 2025
Winston Projects Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Winston Projects Ltd Company Information for the year ended 31 March 2025
Director
D M Tiffney
Company Number
14327142 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU United Kingdom
Accountants
Daniel Sam Limited 61 Plodder Lane Farnworth Bolton BL4 0BX
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Winston Projects Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
303
-
Current assets
Debtors
5
2,380
-
Cash at bank and in hand
2,298
100
4,678
100
Creditors: amounts falling due within one year
6
(19,389)
-
Net current (liabilities)/assets
(14,711)
100
Net (liabilities)/assets
(14,408)
100
Capital and reserves
Called up share capital
100
100
Profit and loss account
(14,508)
-
Shareholders' funds
(14,408)
100
For the year ending 31 March 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 September 2025 and were signed on its behalf by
D M Tiffney Director Company Registration No. 14327142
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Winston Projects Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Winston Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 14327142. The registered office is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Winston Projects Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
-
Additions
338
At 31 March 2025
338
Depreciation
Charge for the year
35
At 31 March 2025
35
Net book value
At 31 March 2025
303
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
890
-
Accrued income and prepayments
1,490
-
2,380
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
368
-
Trade creditors
740
-
Amounts owed to group undertakings and other participating interests
8,600
-
Taxes and social security
345
-
Other creditors
1,733
-
Loans from directors
7,603
-
19,389
-
7
Controlling party
The company is a wholly owned subsidiary of T1FF Ltd, a company registered in England and Wales.
8
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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