ACCOUNTS - Final Accounts preparation

Company registration number: 12553765

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2026

	WESTDEN PROPERTY LIMITED


WESTDEN PROPERTY LIMITED

COMPANY INFORMATION

Directors	T P Hickman
	P Hickman
	H P Hickman


Registered number	12553765


Registered office	2nd Floor Midas House
	62 Goldsworth Road
	Woking
	England
	GU21 6LQ


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


WESTDEN PROPERTY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


WESTDEN PROPERTY LIMITED REGISTERED NUMBER:12553765

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		16		22
			16		22
Current assets
Stocks		624,645		622,354
Debtors: amounts falling due within one year	5	1,945,190		1,949,535
Cash at bank and in hand		5,259		5,472
		2,575,094		2,577,361
Creditors: amounts falling due within one year	6	(2,518,582)		(2,517,737)
Net current assets			56,512		59,624
Total assets less current liabilities			56,528		59,646

Net assets			56,528		59,646

Capital and reserves
Called up share capital	37,783	37,783
Profit and loss account	18,745	21,863
	56,528	59,646

Page 1


WESTDEN PROPERTY LIMITED REGISTERED NUMBER:12553765

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 October 2026.

................................................

T P Hickman

Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2


WESTDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Westden Property Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the company information page. The company's principal place of business is Unit 14, Princeton Mews, 167 London Road, Kingston upon Thames, Surrey, KT2 6PT.

The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimates selling price less costs to complete and sell. Cost is based on the cost of purchase.

At each reporting date, stocks are accessed for impairment. If stock is impaired the carrying smount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediatelly in profit and loss.

Page 3


WESTDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Employees

The average monthly number of employees, including directors, during the year was 3 (2025 - 3).

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	At 1 April 2025	2,995
	At 31 March 2026	2,995
	Depreciation
	At 1 April 2025	2,973
	Charge for the year on owned assets	6
	At 31 March 2026	2,979
	Net book value
	At 31 March 2026	16

Debtors

					2026	2025
					£	£


Trade debtors	1,542	187
Other debtors	1,943,648	1,949,348
	1,945,190	1,949,535

Page 4


WESTDEN PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Amounts owed to group undertakings	279,684	279,684
Other creditors	2,235,498	2,234,478
Accruals and deferred income	3,400	3,575
	2,518,582	2,517,737

Included in other creditors is an amount of £2,163,622 which is secured on the company stocks held as at 31 March 2026.

Page 5