Accounts filed on 30-04-2016
Accounts filed on 30-04-2016
Registered number: 07225539 | ||||||||
FOR THE YEAR ENDED 30 APRIL 2016 | ||||||||
Prepared By: | ||||||||
Chartered Accountant | ||||||||
Hove | ||||||||
East Sussex | ||||||||
Westmount Estates Limited | ||||||||
ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED | ||||||||
INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 07225539 | ||||||||
Westmount Estates Limited | ||||||||
Registered Number: 07225539 | ||||||||||
BALANCE SHEET AT 30 APRIL 2016 | ||||||||||
2016 | 2015 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investments | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors (amounts falling due within one year) | ||||||||||
Cash at bank and in hand | ||||||||||
104,033 | ||||||||||
CREDITORS: Amounts falling due within one year | ||||||||||
NET CURRENT ASSETS / (LIABILITIES) | ( | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 4 | |||||||||
Profit and loss account | ( | |||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
Westmount Estates Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 APRIL 2016 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
1b. Cash Flow Statement | ||||||||
1c. Depreciation | ||||||||
Short Leasehold Properties | ||||||||
Fixtures and Fittings | ||||||||
Equipment |
1d. Taxation | ||||||||
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1e. Turnover | ||||||||
1f. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
Westmount Estates Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||
Short Leasehold | Fixtures | |||||||
Properties | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 May 2015 | ||||||||
At 30 April 2016 | 20,140 | 7,107 | 5,478 | 32,725 | ||||
Depreciation | ||||||||
At 1 May 2015 | ||||||||
For the year | ||||||||
At 30 April 2016 | ||||||||
Net Book Amounts | ||||||||
At 30 April 2016 | ||||||||
At 30 April 2015 | ||||||||
3. INVESTMENT FIXED ASSETS | |||||||||
Listed | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 1 May 2015 | |||||||||
At 30 April 2016 | |||||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30 April 2016 | |||||||||
At 30 April 2015 | |||||||||
4. SHARE CAPITAL | 2016 | 2015 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
5. TRANSACTIONS WITH DIRECTORS | ||||||||
At the balance sheet date there was a loan of £20,500 (2015: £26,000) from Mandito Limited, a company of which Mr A Joannou was a director. No interest was charged on the loan (2015: £nil). | ||||||||
Dividends paid to directors in their capacity as shareholders during the year included £58,350 to Mr A Froggatt (2015: £61,500) and £8,500 to Mr A Joannou (2015: £12,200). | ||||||||