West 5 (Concepts) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: SC230220 (Scotland)

WEST 5 (CONCEPTS) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

W Carmichael

SECRETARY:

Hardie Caldwell Secretaries Ltd.

REGISTERED OFFICE:

c/o Hardie Caldwell LLP

Citypoint 2

25 Tyndrum Street

Glasgow

G4 0JY

REGISTERED NUMBER:

SC230220 (Scotland)

ACCOUNTANTS:

Hardie Caldwell LLP

Chartered Accountants

Citypoint 2

25 Tyndrum Street

Glasgow

G4 0JY

FIXED ASSETS

Tangible assets

4

56

56

CREDITORS

Amounts falling due within one year

5

39,088

38,702

NET CURRENT LIABILITIES

(39,088

)

(38,702

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(39,032

)

(38,646

)

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

(40,032

)

(39,646

)

SHAREHOLDERS' FUNDS

(39,032

)

(38,646

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 31 October 2017 and were signed by:

W Carmichael - Director

1.	STATUTORY INFORMATION

West 5 (Concepts) Limited is a private company, limited by shares, registered in Scotland. The company's

registered number is SC230220 and its registered office is c/o Hardie Caldwell LLP, Citypoint 2, 25 Tyndrum

Street, Glasgow, G4 0JY.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"

of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of

Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost

convention.

This is the first year in which the financial statements have been prepared under FRS 102. The transition from

preparing the financial statements in accordance with FRSSE 2015 to FRS 102 (1A) has had no material impact

on the financial position and the financial performance of the company.

Tangible fixed assets

Depreciation of fixed assets is calculated to write off the cost or valuation less any residual value over their

estimated useful lives as follows:

Plant & Machinery - 25% on reducing balance

Computer Equipment - 10%-50% on cost

Financial instruments

Creditors

Other creditors are recognised where the company has a present obligation resulting from a past event and are

recognised at the settlement amount due after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

210

899

1,109

DEPRECIATION

At 1 April 2016

and 31 March 2017

189

864

1,053

NET BOOK VALUE

At 31 March 2017

21

35

56

At 31 March 2016

21

35

56

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

27

27

Other creditors

29,000

29,000

Directors' loan accounts

9,935

9,669

Accrued expenses

126

6

39,088

38,702

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1,000

Ordinary

£1

1,000

1,000

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of West 5 (Concepts) Limited for the year ended 31 March 2017 which comprise the Income

Statement, Other Comprehensive Income, Balance Sheet, and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of West 5 (Concepts) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of West 5 (Concepts) Limited and state those matters that we have agreed to state to the director of West 5 (Concepts) Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that West 5 (Concepts) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of West 5 (Concepts) Limited. You consider that West 5 (Concepts) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of West 5 (Concepts) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hardie Caldwell LLP

Chartered Accountants

Citypoint 2

25 Tyndrum Street

Glasgow

G4 0JY

31 October 2017