REGISTERED NUMBER: 03470349 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

West Coast Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Julia Eleanor Roberts

David Llywelyn Roberts

REGISTERED OFFICE:

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

REGISTERED NUMBER:

03470349 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

SOLICITORS:

Morris & Bates

PO Box 1

Ffordd Alexandra Road

Aberystwyth

Ceredigion

SY23 1PT

FIXED ASSETS

Investment property

4

89,290

80,000

CURRENT ASSETS

Cash at bank

3,199

13,341

CREDITORS

Amounts falling due within one year

5

86,583

90,191

NET CURRENT LIABILITIES

(83,384

)

(76,850

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,906

3,150

CREDITORS

Amounts falling due after more than one year

6

6,250

7,750

NET LIABILITIES

(344

)

(4,600

)

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

3,099

3,099

Retained earnings

(3,543

)

(7,799

)

SHAREHOLDERS' FUNDS

(344

)

(4,600

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 11 November 2025 and were signed on its behalf by:

Julia Eleanor Roberts - Director

1.	STATUTORY INFORMATION

West Coast Developments 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.	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 as modified by the revaluation of certain assets.

Turnover

Turnover represents property rental income.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year 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 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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

80,000

Additions

9,290

At 31 March 2025

89,290

NET BOOK VALUE

At 31 March 2025

89,290

At 31 March 2024

80,000

If the investment property was to be sold at the revalued amount, after indexation there would be no corporation tax liability.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2018

3,099

Cost

86,191

89,290

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

1,500

1,500

Amounts owed to group undertakings

79,722

78,432

Other creditors

5,361

10,259

86,583

90,191

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

6,250

7,750

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

250

1,750

7.	RELATED PARTY DISCLOSURES

The immediate and ultimate parent company is Dilwyn Roberts Ymgynghorwyr Consultants Limited.

At the year end this company owes its parent company £79,722 (31/03/2024: £78,432). There is no set repayment date and is interest free.