56 Westow Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

56 Westow Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15885458 . The registered office is Accounts And Legal, 81 King Street, Manchester, M2 4AH.

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.

The accounts are presented in £ sterling.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Leasehold

20%

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

...CONTINUED

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56 Westow Ltd

Notes to the Financial Statements (continued)

For the Period 1 September 2025 to 31 March 2026

2.5. Financial Instruments - continued

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not

more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from

the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in

value.

2.9. Accounting period

The financial statements cover a period of less than 12 months. Accordingly, the amounts presented for the current period are not directly comparable with those reported for the previous accounting period.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 15 (2025: 14)

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56 Westow Ltd

Notes to the Financial Statements (continued)

For the Period 1 September 2025 to 31 March 2026

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 September 2025	18,451
Additions	4,006

As at 31 March 2026	22,457

Depreciation
As at 1 September 2025	1,429
Provided during the period	2,619

As at 31 March 2026	4,048

Net Book Value
As at 31 March 2026	18,409

As at 1 September 2025	17,022

5. Debtors

	31 March 2026	31 August 2025
	£	£
Due within one year
Trade debtors	-	10,695
Prepayments and accrued income	29,372	29,617
Other debtors	23,090	24,713

	52,462	65,025

Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

6. Creditors: Amounts Falling Due Within One Year

	31 March 2026	31 August 2025
	£	£
Trade creditors	26,269	43,322
Corporation tax	-	3
Other taxes and social security	17,401	32,987
VAT	10,927	22,091
Net wages	7,947	-
Other creditors	7,322	9,576
Accruals and deferred income	1,875	2,500
Director's loan account	13,221	3,535

	84,962	114,014

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56 Westow Ltd

Notes to the Financial Statements (continued)

For the Period 1 September 2025 to 31 March 2026

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

7. Provisions for Liabilities


	Deferred Tax	Total
	£	£
Deferred taxation	4,602	4,602

Balance at 31 March 2026	4,602	4,602

8. Share Capital

	31 March 2026	31 August 2025
	£	£
Allotted, Called up and fully paid	10	10

9. Related Party Transactions

The relationship is between 56 Westow Limited & Three Eight Four Limited

56 Westow Limited & Three Eight Four Limited have a mutual directorship. Mr L Brown is a director for all of these companies, the monies have been loaned at an interest free rate and are deemed repayable upon demand.

At the year end the balance owed from:

Three Eight Four Limited £23,090 (30th September 2025: £22,090).

10. Ultimate Controlling Party

The company's ultimate controlling party is Liam Brown by virtue of his ownership of 100% of the issued share capital in the company.

11. Transition to FRS 102

These are the company’s first financial statements prepared in accordance with FRS 102 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The financial statements for the previous period were prepared under FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.

The date of transition to FRS 102 1A was 1st September 2025. The accounting policies set out have been applied in preparing these financial statements, the comparative information and the opening statement of financial position at the transition date.

The transition from FRS 105 to FRS 102 1A did not result in any material adjustments to the amounts previously reported.

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		31 March 2026		31 August 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		18,409		17,022

			18,409		17,022
CURRENT ASSETS
Debtors	5	52,462		65,025
Cash at bank and in hand		9,224		22,323

		61,686		87,348
Creditors: Amounts Falling Due Within One Year	6	(84,962 )		(114,014 )

NET CURRENT ASSETS (LIABILITIES)			(23,276 )		(26,666 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,867 )		(9,644 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,602 )		-

NET LIABILITIES			(9,469 )		(9,644 )

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			(9,479 )		(9,654 )

SHAREHOLDERS' FUNDS			(9,469)		(9,644)