00339507falseSteel Engineering2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-06-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-06-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 00339507

West Of England Group Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
L A Morgan
Top Floor
42 High Street
Portishead
Bristol
BS20 6EL

West Of England Group Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
D C Rayfield
N J Rayfield
SECRETARY
D C Rayfield
REGISTERED OFFICE
Unit 3 Novers Hill Trading Estate
Novers Hill
Bedminster
Bristol
BS3 5QY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00339507
ACCOUNTANTS
L A Morgan
Top Floor
42 High Street
Portishead
Bristol
BS20 6EL

West Of England Group Limited

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

West Of England Group Limited

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets324,23526,670
CURRENT ASSETS
Stock84,00029,000
Debtors570,04377,247
Cash at bank and in hand41,01229,712
195,055135,959
CREDITORS: Amounts falling due within one year682,40671,650
NET CURRENT ASSETS112,64964,309
TOTAL ASSETS LESS CURRENT LIABILITIES136,88490,979
CREDITORS: Amounts falling due after more than one year711,667-
PROVISIONS FOR LIABILITIES AND CHARGES84,6055,067
NET ASSETS120,61285,912
CAPITAL AND RESERVES
Called up share capital9500500
Capital redemption reserve108,8268,826
Profit and loss account111,28676,586
SHAREHOLDERS' FUNDS120,61285,912
For the year ending 30/06/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/11/2024 and signed on their behalf by
.............................
D C Rayfield
Director

West Of England Group Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 20%
Equipmentreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Leasing Commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

West Of England Group Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees55
3. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/07/202312,387257,81729,9304,36156,828361,323
Additions-1,071-6333592,063
At 30/06/202412,387258,88829,9304,99457,187363,386
Depreciation
At 01/07/202312,387243,80026,3304,36147,775334,653
For the year-2,189900421,3674,498
At 30/06/202412,387245,98927,2304,40349,142339,151
Net Book Amounts
At 30/06/2024-12,8992,7005918,04524,235
At 30/06/2023-14,0173,600-9,05326,670
4. STOCK 20242023
££
Stock comprises:
Stock19,00019,000
Work in progress65,00010,000
84,00029,000
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors64,11066,316
UK corporation tax-2,680
Prepayments5,9338,251
70,04377,247

West Of England Group Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax5,922-
VAT3,1888,202
PAYE control2,3232,957
Directors current account24,1934,193
Bank loans and overdrafts-3,500
Bank Loan10,00031,667
Trade creditors32,13516,125
Accruals4,6455,006
82,40671,650
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr11,667-
11,667-
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation4,6055,067
4,6055,067
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
500 Ordinary shares of £1 each500500
500500

West Of England Group Limited

10. OTHER RESERVES 20242023
££
Capital redemption reserve8,8268,826
8,8268,826
11. RELATED PARTY TRANSACTIONS
The directors were owed £24,193 . The loans are interest free with no fixed date for repayment
The directors own the building from which the company operates, and charge a rent of £36,000 per annum. The lease is for one year and is due to expire on 30 June 2025.