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Registration number: 12541930

Westeros Property Ltd
Unaudited Filleted Abridged Financial Statements
for the Period from 29 March 2024 to 27 March 2025

Westeros Property Ltd

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 6

Westeros Property Ltd

(Registration number: 12541930)
Abridged Balance Sheet as at 27 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | - | 150,889
Current assets |  |  |
Debtors |  | 37,179 | 504
Cash at bank and in hand |  | - | 4,000
|  | 37,179 | 4,504
Creditors: Amounts falling due within one year |  | (27,868) | (52,085)
Net current assets/(liabilities) |  | 9,311 | (47,581)
Total assets less current liabilities |  | 9,311 | 103,308
Creditors: Amounts falling due after more than one year |  | - | (88,404)
Provisions for liabilities |  | - | (863)
Net assets |  | 9,311 | 14,041
Capital and reserves |  |  |
Called up share capital | 5 | 100 | 100
Retained earnings |  | 9,211 | 13,941
Shareholders' funds |  | 9,311 | 14,041

Westeros Property Ltd

(Registration number: 12541930)
Abridged Balance Sheet as at 27 March 2025

For the financial period ending 27 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 5 March 2026 and signed on its behalf by:

......................................... Mr M D Jones Director

Westeros Property Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 29 March 2024 to 27 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
EFS Global
Pendle House
Phoenix Way
Burnley
Lancashire
BB11 5SX

These financial statements were authorised for issue by the Board on 5 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Westeros Property Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 29 March 2024 to 27 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 25% per annum reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Westeros Property Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 29 March 2024 to 27 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1 (2024 - 1).

4 | Tangible assets

| Total £
Cost
At 29 March 2024 | 154,486
Disposals | (154,486)
At 27 March 2025 | -
Depreciation
At 29 March 2024 | 3,597
Eliminated on disposal | (3,597)
At 27 March 2025 | -
Net book value
At 27 March 2025 | -
At 28 March 2024 | 150,889

Included within the net book value of land and buildings above is £Nil (2024 - £146,286) in respect of long leasehold land and buildings.

Westeros Property Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 29 March 2024 to 27 March 2025

5 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100