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Registered number: 00533126
Westmead Productions Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Passman Leonard Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00533126
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,629,600 1,629,600
1,629,600 1,629,600
CURRENT ASSETS
Debtors 5 729 1,933
Cash at bank and in hand 65 847,418
794 849,351
Creditors: Amounts Falling Due Within One Year 6 (2,417,891 ) (2,276,353 )
NET CURRENT ASSETS (LIABILITIES) (2,417,097 ) (1,427,002 )
TOTAL ASSETS LESS CURRENT LIABILITIES (787,497 ) 202,598
Creditors: Amounts Falling Due After More Than One Year 7 (124,238 ) (943,478 )
NET LIABILITIES (911,735 ) (740,880 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 10 494,828 494,828
Profit and Loss Account (1,406,663 ) (1,235,808 )
SHAREHOLDERS' FUNDS (911,735) (740,880)
Page 1
Page 2
For the year ending 31 December 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 his 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 Agne Svensson
Director
22 September 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Westmead Productions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00533126 . The registered office is Boundary House, Cricket Field Road, Uxbridge, Greater London, UB8 1QG.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Investment Property
2025
£
Fair Value
As at 1 January 2025 and 31 December 2025 1,629,600
5. Debtors
2025 2024
£ £
Due within one year
Other debtors - 1,204
Amounts owed by group undertakings 729 729
729 1,933
Amounts owed by group undertakings at the balance sheet date included £729 (2024 - £729) from Westmead Productions (Holdings) Ltd.
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 2,408,137 2,268,580
Other creditors 7,774 5,793
Accruals 1,980 1,980
2,417,891 2,276,353
The bank loan is secured against the property and the fixed asset investments held by the company.
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Director's loan account 124,238 943,478
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Contingent Liabilities
2025 2024
£ £
At the end of the period 731,811 731,811
The company had contingent liabilities of £731,811 (2024 - £731,811) in respect of removal of suspended garden which has been deemed to be unlawfully occupying the land it had been constructed on. No provision has been made in respect of this cost.
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 January 2025 494,828 (1,235,808 )
Loss for the year and total comprehensive income - (170,855 )
As at 31 December 2025 494,828 (1,406,663 )
11. Related Party Transactions
During the year, the company received rental income of £34,135 from Mr Agne Svensson, a director of the company.
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Westmead Productions (Holdings) Limited , a company incorporated and registered in the United Kingdom. The ultimate controlling party is Mr. A. Svensson who controls 100% of the shares of Westmead Productions (Holdings) Limited .
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