WEST END HOMES LIMITED

WEST END HOMES LIMITED

WEST END HOMES LIMITED - Company Information

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WEST END HOMES LIMITED

Company Registration Number:
02546934 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

WEST END HOMES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

WEST END HOMES LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 5,144,615 5,144,843
Investments: 4 401 401
Total fixed assets: 5,145,016 5,145,244
Current assets
Stocks: 4,930,000 4,930,000
Debtors:   22,778,331 22,458,465
Cash at bank and in hand: 51,852 390,094
Total current assets: 27,760,183 27,778,559
Creditors: amounts falling due within one year:   (17,328,800) (17,309,119)
Net current assets (liabilities): 10,431,383 10,469,440
Total assets less current liabilities: 15,576,399 15,614,684
Total net assets (liabilities): 15,576,399 15,614,684
Capital and reserves
Called up share capital: 1,750,000 1,750,000
Share premium account: 19,487 19,487
Revaluation reserve:52,576,9572,576,957
Other reserves: 0 0
Profit and loss account: 11,229,955 11,268,240
Shareholders funds: 15,576,399 15,614,684

The notes form part of these financial statements

WEST END HOMES LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 March 2021
and signed on behalf of the board by:

Name: Malcolm Bass
Status: Director

The notes form part of these financial statements

WEST END HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WEST END HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 2 2

WEST END HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 5,198,584
At 31 March 2020 5,198,584
Depreciation
At 01 April 2019 53,741
Charge for year 228
At 31 March 2020 53,969
Net book value
At 31 March 2020 5,144,615
At 31 March 2019 5,144,843

WEST END HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Fixed investments

The Company holds 100% of the issued shares of four UK subsidaries

WEST END HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Revaluation reserve

2020
£
Balance at 01 April 2019 2,576,957
Surplus or deficit after revaluation 0
Balance at 31 March 2020 2,576,957