COMPANY REGISTRATION NUMBER:
SC073636
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Westpoint Design Consultants Limited |
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Filleted Unaudited Financial Statements |
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Westpoint Design Consultants Limited |
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Statement of Financial Position |
|
30 June 2026
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30 Jun 26 |
31 Mar 25 |
|
Note |
£ |
£ |
£ |
|
|
|
|
Current assets
|
Stocks |
– |
|
375 |
|
Debtors |
5 |
28 |
|
43,637 |
|
Cash at bank and in hand |
23,040 |
|
130 |
|
-------- |
|
-------- |
|
23,068 |
|
44,142 |
|
|
|
|
|
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Creditors: amounts falling due within one year |
6 |
9,318 |
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16,345 |
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-------- |
|
-------- |
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Net current assets |
|
13,750 |
27,797 |
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|
-------- |
-------- |
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Total assets less current liabilities |
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13,750 |
27,797 |
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-------- |
-------- |
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|
|
|
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Capital and reserves
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Called up share capital |
|
13,750 |
13,750 |
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Profit and loss account |
|
– |
14,047 |
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|
-------- |
-------- |
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Shareholders funds |
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13,750 |
27,797 |
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-------- |
-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
8 October 2026
, and are signed on behalf of the board by:
Company registration number:
SC073636
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Westpoint Design Consultants Limited |
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Notes to the Financial Statements |
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Period from 1 April 2025 to 30 June 2026
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 28 Queen Street, Castle Douglas, Kirkcudbrightshire, DG7 1HS.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
(2025: Nil).
5.
Debtors
|
30 Jun 26 |
31 Mar 25 |
|
£ |
£ |
|
Trade debtors |
28 |
– |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
– |
43,637 |
|
---- |
-------- |
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28 |
43,637 |
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---- |
-------- |
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|
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6.
Creditors:
amounts falling due within one year
|
30 Jun 26 |
31 Mar 25 |
|
£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
8,988 |
– |
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Other creditors |
330 |
16,345 |
|
------- |
-------- |
|
9,318 |
16,345 |
|
------- |
-------- |
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7.
Related party transactions
The company is a fully owned subsidiary of
Park Gate Property Limited
. At 30 June 2026 the amount due to the parent company was £ 8,988
(2025: £ 43,637
due by the parent company).
8.
Controlling party
The company is a fully owned subsidiary of
Park Gate Property Limited
. Park Gate Property Limited is under the control of Mr D Cross. Mr D Cross is the Managing Director and at the year end was the majority shareholder.