Westminster Homes Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC228998

Westminster Homes Limited

Filleted Unaudited Financial Statements

30 June 2025

Westminster Homes Limited

Financial Statements

Year ended 30 June 2025

Contents	Page

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Westminster Homes Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Westminster Homes Limited

Year ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Westminster Homes Limited for the year ended 30 June 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Westminster Homes Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Westminster Homes Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Westminster Homes Limited and its director for our work or for this report.

It is your duty to ensure that Westminster Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Westminster Homes Limited. You consider that Westminster Homes Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Westminster Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GILLILAND & COMPANY Chartered Accountants

216 West George Street Glasgow G2 2PQ

3 September 2025

Westminster Homes Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		–	1,923

Current assets

Debtors	6	1,323	1,150
Cash at bank and in hand		31,495	77,185
		--------	--------
		32,818	78,335

Creditors: amounts falling due within one year	7	32,616		34,441
		--------		--------
Net current assets			202	43,894
			----	--------
Total assets less current liabilities			202	45,817
			----	--------
Net assets			202	45,817
			----	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	200	45,815
	----	--------
Shareholders funds	202	45,817
	----	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Westminster Homes Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 3 September 2025 , and are signed on behalf of the board by:

Mr C Finn
Director

Company registration number: SC228998

Westminster Homes Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 216 West George Street, Glasgow, G2 2PQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer Equipment	-	33% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 2 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 July 2024	9,061	9,061
Additions	922	922
Disposals	( 9,983)	( 9,983)
	-------	-------
At 30 June 2025	–	–
	-------	-------
Depreciation
At 1 July 2024	7,138	7,138
Charge for the year	846	846
Disposals	( 7,984)	( 7,984)
	-------	-------
At 30 June 2025	–	–
	-------	-------
Carrying amount
At 30 June 2025	–	–
	-------	-------
At 30 June 2024	1,923	1,923
	-------	-------

6. Debtors

	2025	2024
	£	£
Other debtors	1,323	1,150
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	288
Social security and other taxes	92	1,206
Other creditors	32,524	32,947
	--------	--------
	32,616	34,441
	--------	--------

8. Director's advances, credits and guarantees

As at 30 June 2025 Mr C Finn , Director, was owed £ 30,441 from the company (2024 : £32,399). This is an interest free loan with no fixed repayment date.

9. Related party transactions

Mr C Finn is also the sole director of CDM Pro Limited. At 30 June 2025 £17 was owed by CDM Pro Limited, (2024: £402 owed to CDM Pro Limited).

10. Controlling party

The company was under the control of Mr C Finn throughout the current period.