Western Loans Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00779828

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	5		160,000		160,000

			160,000		160,000
CURRENT ASSETS
Debtors	6	333,370		333,370
Cash at bank and in hand		83,738		83,738

		417,108		417,108
Creditors: Amounts Falling Due Within One Year	7	(8,550 )		(8,550 )

NET CURRENT ASSETS (LIABILITIES)			408,558		408,558

TOTAL ASSETS LESS CURRENT LIABILITIES			568,558		568,558

NET ASSETS			568,558		568,558

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Revaluation reserve	9		102,501		102,501
Profit and Loss Account			465,057		465,057

SHAREHOLDERS' FUNDS			568,558		568,558

Page 1

Page 2

Western Loans Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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

Mrs Hannah Smithson

Director

30/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Western Loans Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00779828 . The registered office is 10 Charles Street, Newport, Gwent, NP20 1JU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% straight line
Motor Vehicles	20% reducing balance
Computer Equipment	15% reducing balance

2.4. Investment Properties

Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.

Investment properties should be included in the balance sheet at their open market value.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	1	1

	1	1

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 September 2024	12,662

As at 31 August 2025	12,662

Depreciation
As at 1 September 2024	12,662

As at 31 August 2025	12,662

Net Book Value
As at 31 August 2025	-

As at 1 September 2024	-

Page 3

Page 4

Western Loans Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 September 2024 and 31 August 2025	160,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	333,370	333,370

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	7,050	7,050
Accruals and deferred income	1,500	1,500

	8,550	8,550

8. Share Capital

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

9. Reserves

	Revaluation Reserve
	£
As at 1 September 2024	102,501

As at 31 August 2025	102,501