Company Registration No. 10999635 (England and Wales)
WESTGATE COMMERCIAL PROPERTIES LTD
Unaudited accounts
for the year ended 31 October 2022
WESTGATE COMMERCIAL PROPERTIES LTD
Unaudited accounts
Contents
WESTGATE COMMERCIAL PROPERTIES LTD
Company Information
for the year ended 31 October 2022
Company Number
10999635 (England and Wales)
Registered Office
187 Westgate
Bradford
BD1 3AD
UNITED KINGDOM
Accountants
B Ram & Co Accountants Ltd
7 Idle Road
Bradford
BD2 4QA
WESTGATE COMMERCIAL PROPERTIES LTD
Statement of financial position
as at 31 October 2022
Tangible assets
212,548
212,548
Cash at bank and in hand
102
102
Creditors: amounts falling due within one year
(79,122)
(59,436)
Net current liabilities
(65,008)
(46,256)
Total assets less current liabilities
147,540
166,292
Creditors: amounts falling due after more than one year
(217,782)
(221,946)
Net liabilities
(70,242)
(55,654)
Called up share capital
100
100
Profit and loss account
(70,342)
(55,754)
Shareholders' funds
(70,242)
(55,654)
For the year ending 31 October 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 July 2023 and were signed on its behalf by
Nasar Aftab
Director
Company Registration No. 10999635
WESTGATE COMMERCIAL PROPERTIES LTD
Notes to the Accounts
for the year ended 31 October 2022
WESTGATE COMMERCIAL PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10999635. The registered office is 187 Westgate, Bradford, BD1 3AD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
At 1 November 2021
212,548
At 31 October 2022
212,548
At 31 October 2022
212,548
At 31 October 2021
212,548
Amounts falling due within one year
Deferred tax asset
14,012
13,078
WESTGATE COMMERCIAL PROPERTIES LTD
Notes to the Accounts
for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
8,846
8,778
Loans from directors
69,876
50,408
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
217,782
221,946
8
Deferred taxation
2022
2021
Tax losses carried forward
(14,012)
(13,078)
Provision at start of year
(13,078)
(11,063)
Credited to the profit and loss account
(934)
(2,015)
Provision at end of year
(14,012)
(13,078)
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Average number of employees
During the year the average number of employees was 0 (2021: 0).