WEST EAST PROPERTIES LTD

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

Registered number: 14014153

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	484,123		802,086
Debtors	5	2,406		46,748
Cash at bank and in hand		2,739		29,514

		489,268		878,348
Creditors: Amounts Falling Due Within One Year	6	(550,840 )		(542,625 )

NET CURRENT ASSETS (LIABILITIES)			(61,572 )		335,723

TOTAL ASSETS LESS CURRENT LIABILITIES			(61,572 )		335,723

Creditors: Amounts Falling Due After More Than One Year	7		-		(452,530 )

NET LIABILITIES			(61,572 )		(116,807 )

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			(62,572 )		(117,807 )

SHAREHOLDERS' FUNDS			(61,572)		(116,807)

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 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 Piotr Maruszak

Director

08/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

WEST EAST PROPERTIES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14014153 . The registered office is 150 Albert Road, Morley, Leeds, LS27 8RT.

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 have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

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

4. Stocks

	2025	2024
	£	£
Stock	484,123	802,086

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	250	12,508
Due after more than one year
Other debtors	2,156	34,240

	2,406	46,748

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WEST EAST PROPERTIES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(143 )	-
Amounts owed to participating interests	258,953	535,001
Other creditors	291,581	1,844
Taxation and social security	449	5,780

	550,840	542,625

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

	2025	2024
	£	£
Bank loans	-	452,530

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	-		452,530

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

10. Related Party Transactions

At the year end, included within creditors less than 1 year are the following amounts owed to the intercomapnies and shareholders:-

i) AC Property Development - £120,000

ii) Partners Real Estate Ltd - £19,000

iii) JPDJPD Limited - £120,001

The above amounts are unsecured, interest free and repyable on demand.

11. Ultimate Controlling Party

The company's ultimate controlling party is Partners Real Estate Ltd by virtue of its ownership of more than 50% of the issued share capital in the company.

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