REGISTERED NUMBER: 06407516 (England and Wales)

Financial Statements For The Year Ended 31 October 2017

for

WEST NEWSON PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

AJ West

M J Newson

SECRETARY:

M J Newson

REGISTERED OFFICE:

1007 London Road

Leigh on Sea

Essex

SS9 3JY

REGISTERED NUMBER:

06407516 (England and Wales)

ACCOUNTANTS:

Brian Nuttgens Accountants Ltd

1007 London Road

Leigh On Sea

Essex

SS9 3JY

FIXED ASSETS

Tangible assets

4

1,015,000

778,932

CURRENT ASSETS

Debtors

5

-

17,010

Cash at bank and in hand

46,196

42,114

46,196

59,124

CREDITORS

Amounts falling due within one year

6

401,560

395,934

NET CURRENT LIABILITIES

(355,364

)

(336,810

)

TOTAL ASSETS LESS CURRENT LIABILITIES

659,636

442,122

CREDITORS

Amounts falling due after more than one year

7

(273,985

)

(306,872

)

PROVISIONS FOR LIABILITIES

(44,853

)

-

NET ASSETS

340,798

135,250

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

236,068

-

Retained earnings

104,630

135,150

SHAREHOLDERS' FUNDS

340,798

135,250

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29 March 2018 and were signed on its behalf by:

AJ West - Director

1.	STATUTORY INFORMATION

West Newson Properties Limited 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 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

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 .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 November 2016

778,932

Revaluations

236,068

At 31 October 2017

1,015,000

NET BOOK VALUE

At 31 October 2017

1,015,000

At 31 October 2016

778,932

Cost or valuation at 31 October 2017 is represented by:

Freehold

property

£

Valuation in 2017

1,015,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/17

31/10/16

£

£

Trade debtors

-

17,010

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/17

31/10/16

£

£

Taxation and social security

4,453

15,048

Other creditors

397,107

380,886

401,560

395,934

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/17

31/10/16

£

£

Bank loans

273,985

306,872

8.

RESERVES

Fair

value

reserve

£

Revaluation

236,068

At 31 October 2017

236,068

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Brian Nuttgens Accountants Ltd

1007 London Road

Leigh On Sea

Essex

SS9 3JY

Date: .............................................