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REGISTERED NUMBER: 13893493 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

WEST WALES CONCRETE LTD

WEST WALES CONCRETE LTD (REGISTERED NUMBER: 13893493)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WEST WALES CONCRETE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mrs L A Evans
M Jones
K J Locke
K E Locke





SECRETARY: The William Marshall Partnership Limited





REGISTERED OFFICE: Park View House
Ropewalk
Fishguard
SA65 9BT





BUSINESS ADDRESS: Fairhill Farm
Moorland Road
Freystrop
Haverfordwest
Pembrokeshire
SA62 4LE





REGISTERED NUMBER: 13893493 (England and Wales)





ACCOUNTANTS: William Marshall & Co
Financial Accountants
Park View House
Ropewalk
Fishguard
Pembrokeshire
SA65 9BT

WEST WALES CONCRETE LTD (REGISTERED NUMBER: 13893493)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 101,150 119,000

CURRENT ASSETS
Stocks 76,500 100,000
Debtors 5 218,228 95,528
Cash at bank 9,087 40,269
303,815 235,797
CREDITORS
Amounts falling due within one year 6 327,211 285,638
NET CURRENT LIABILITIES (23,396 ) (49,841 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,754

69,159

CREDITORS
Amounts falling due after more than one year 7 3,969 49,022
NET ASSETS 73,785 20,137

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 8 73,777 20,129
73,785 20,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

WEST WALES CONCRETE LTD (REGISTERED NUMBER: 13893493)

BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:





K E Locke - Director


WEST WALES CONCRETE LTD (REGISTERED NUMBER: 13893493)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

West Wales Concrete Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023
and 29 February 2024 140,000
DEPRECIATION
At 1 March 2023 21,000
Charge for year 17,850
At 29 February 2024 38,850
NET BOOK VALUE
At 29 February 2024 101,150
At 28 February 2023 119,000

WEST WALES CONCRETE LTD (REGISTERED NUMBER: 13893493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 214,385 72,693
VAT 2,243 20,915
Prepayments 1,600 1,920
218,228 95,528

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 44,770 21,849
Trade creditors 242,564 227,206
Other creditors 5,316 2,925
Directors' loan accounts 32,098 32,098
Accrued expenses 2,463 1,560
327,211 285,638

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,969 49,022

8. RESERVES
Retained
earnings
£   

At 1 March 2023 20,129
Profit for the year 53,648
At 29 February 2024 73,777