Southdowns Westpoint Row Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 09782681 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2022

for

Southdowns Westpoint Row Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P D Hensher

SECRETARY:

P D Hensher

REGISTERED OFFICE:

11A Ivor Place

London

NW1 6HS

REGISTERED NUMBER:

09782681 (England and Wales)

ACCOUNTANTS:

B J Whale

23 Porters Wood

St. Albans

Hertfordshire

AL3 6PQ

FIXED ASSETS

Tangible assets

4

1,210,100

1,238,244

CURRENT ASSETS

Debtors

5

73,470

43,878

Cash at bank

133,179

85,113

206,649

128,991

CREDITORS

Amounts falling due within one year

6

158,904

135,570

NET CURRENT ASSETS/(LIABILITIES)

47,745

(6,579

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,257,845

1,231,665

CREDITORS

Amounts falling due after more than one year

7

1,042,291

1,162,291

NET ASSETS

215,554

69,374

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

214,554

68,374

215,554

69,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2023 and were signed by:

P D Hensher - Director

1.	STATUTORY INFORMATION

Southdowns Westpoint Row Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 October 2021

and 30 September 2022

1,407,209

DEPRECIATION

At 1 October 2021

168,965

Charge for year

28,144

At 30 September 2022

197,109

NET BOOK VALUE

At 30 September 2022

1,210,100

At 30 September 2021

1,238,244

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

72,482

33,106

Other debtors

988

10,772

73,470

43,878

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

15,859

18,195

Taxation and social security

40,891

17,917

Other creditors

102,154

99,458

158,904

135,570

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Other creditors

1,042,291

1,162,291