ACCOUNTS - Final Accounts preparation

Company registration number: 12553765

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 31 MARCH 2025

	WESTDEN PROPERTY LIMITED


WESTDEN PROPERTY LIMITED

COMPANY INFORMATION

Directors	T P Hickman
	P Hickman
	H P Hickman


Registered number	12553765


Registered office	2nd Floor Midas House
	62 Goldsworth Road
	Woking
	England
	GU21 6LQ


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


WESTDEN PROPERTY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


WESTDEN PROPERTY LIMITED REGISTERED NUMBER:12553765

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		22		30
			22		30
Current assets
Stocks		622,354		602,112
Debtors: amounts falling due within one year	5	1,949,535		2,091,444
Cash at bank and in hand		5,472		-
		2,577,361		2,693,556
Creditors: amounts falling due within one year	6	(2,517,737)		(2,631,289)
Net current assets			59,624		62,267
Total assets less current liabilities			59,646		62,297

Net assets			59,646		62,297

Capital and reserves
Called up share capital	37,783	37,783
Profit and loss account	21,863	24,514
	59,646	62,297

Page 1


WESTDEN PROPERTY LIMITED REGISTERED NUMBER:12553765

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

T P Hickman

Director

Date: 2 December 2025

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

Page 2


WESTDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Westden Property Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the company information page. The company's principal place of business is Unit 14, Princeton Mews, 167 London Road, Kingston upon Thames, Surrey, KT2 6PT.
The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


WESTDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimates selling price less costs to complete and sell. Cost is based on the cost of purchase.

At each reporting date, stocks are accessed for impairment. If stock is impaired the carrying smount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediatelly in profit and loss.

Employees

The average monthly number of employees, including directors, during the period was 3 (2024 - 3).

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	At 1 April 2024	2,995
	At 31 March 2025	2,995
	Depreciation
	At 1 April 2024	2,965
	Charge for the period on owned assets	8
	At 31 March 2025	2,973
	Net book value
	At 31 March 2025	22

Page 4


WESTDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	187	13,639
Other debtors	1,949,348	2,077,805
	1,949,535	2,091,444

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	109,905
Amounts owed to group undertakings	279,684	279,684
Corporation tax	-	3,647
Other creditors	2,234,478	2,234,478
Accruals and deferred income	3,575	3,575
	2,517,737	2,631,289

Included in other creditors is an amount of £2,163,622 which is secured on the company stocks held as at 31 March 2025.

Page 5