West Laithe Limited - Filleted accounts

Registered number

13181600

West Laithe Limited

Filleted Accounts

28 February 2026

West Laithe Limited
Registered number:		13181600
Balance Sheet
as at 28 February 2026

Notes			2026		2025

Fixed assets
Tangible assets	3		372,999		377,999

Current assets
Cash at bank and in hand		13,762		8,745

Creditors: amounts falling due within one year	4	(286,974)		(298,471)

Net current liabilities			(273,212)		(289,726)

Total assets less current liabilities			99,787		88,273


Provisions for liabilities			(8,984)		(9,934)


Net assets			90,803		78,339

Capital and reserves
Called up share capital			10		10
Profit and loss account			90,793		78,329

Shareholders' funds			90,803		78,339

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M W Burdin
Director
Approved by the board on 31 July 2026

West Laithe Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents rental income being rent receivable from tenants in respect of the lease of the company's properties.

	Investment properties
	Investment properties are carried at fair value determined annually by external valuers or the directors and derived from the current market rents and investment property yields for comparable properties, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss. No depreciation is provided on investment properties.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	0		0


3	Investment properties
				Land and buildings

	Fair value
	At 1 March 2025			377,999
	Surplus on revaluation			(5,000)
	At 28 February 2026			372,999

	Depreciation
	At 28 February 2026			-

	Net book value
	At 28 February 2026			372,999
	At 28 February 2025			377,999


	Freehold land and buildings:	2026		2025

	Historical cost	325,715		325,715
	Cumulative depreciation based on historical cost	-		-
		325,715		325,715


4	Creditors: amounts falling due within one year	2026		2025


	Taxation and social security costs	5,047		3,637
	Other creditors	281,927		294,834
		286,974		298,471

5	Related party transactions

	Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) directors: Loan balance: £(281,578) (2025: £(294,485)) The loan is interest-free, unsecured and repayable on demand. No guarantees have been given to or on behalf of the directors.


6	Controlling party

	The directors consider that there is no overall controlling party.

7	Other information

	West Laithe Limited is a private company limited by shares and incorporated in England. Its registered office is:
	20a Racecommon Road
	Barnsley
	South Yorkshire
	S70 1BH