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REGISTERED NUMBER: 11980124 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Westcross Environmental Services Ltd

Westcross Environmental Services Ltd (Registered number: 11980124)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westcross Environmental Services Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: D K West
A C Cross
T Cross
C R Cross





REGISTERED OFFICE: Unit 3b Tungsten Business Park
Bilton Way
Lutterworth
Leicestershire
LE17 4JA





REGISTERED NUMBER: 11980124 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Westcross Environmental Services Ltd (Registered number: 11980124)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 444,111 326,789

CURRENT ASSETS
Stocks 41,213 30,125
Debtors 5 760,266 890,257
Cash at bank 4,519 101,682
805,998 1,022,064
CREDITORS
Amounts falling due within one year 6 (723,153 ) (1,000,752 )
NET CURRENT ASSETS 82,845 21,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

526,956

348,101

CREDITORS
Amounts falling due after more than one
year

7

(127,990

)

(94,666

)

PROVISIONS FOR LIABILITIES (95,471 ) (64,093 )
NET ASSETS 303,495 189,342

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 303,395 189,242
303,495 189,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Westcross Environmental Services Ltd (Registered number: 11980124)

Balance Sheet - continued
31 May 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 7 February 2025 and were signed on its behalf by:





D K West - Director


Westcross Environmental Services Ltd (Registered number: 11980124)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Westcross Environmental Services 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.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost and 20% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Westcross Environmental Services Ltd (Registered number: 11980124)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 42 (2023 - 34 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 25,753 291,010 120,244 29,615 466,622
Additions - 116,793 88,375 7,914 213,082
Disposals - (11,151 ) - (10,828 ) (21,979 )
At 31 May 2024 25,753 396,652 208,619 26,701 657,725
DEPRECIATION
At 1 June 2023 6,011 87,489 28,193 18,140 139,833
Charge for year 5,151 49,221 27,514 6,058 87,944
Eliminated on disposal - (4,005 ) - (10,158 ) (14,163 )
At 31 May 2024 11,162 132,705 55,707 14,040 213,614
NET BOOK VALUE
At 31 May 2024 14,591 263,947 152,912 12,661 444,111
At 31 May 2023 19,742 203,521 92,051 11,475 326,789

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 685,361 844,439
Other debtors 74,905 45,818
760,266 890,257

Other debtors includes prepayments and accrued income of £51,211 (2023: £19,931).

Westcross Environmental Services Ltd (Registered number: 11980124)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 5,514 5,516
Hire purchase contracts 51,030 19,702
Trade creditors 300,816 538,656
Taxation and social security 156,221 108,837
Other creditors 209,572 328,041
723,153 1,000,752

Other creditors includes accrued expenses and deferred income of £32,588 (2023: £2,390).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 28,948 34,463
Hire purchase contracts 99,042 60,203
127,990 94,666

Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years 6,892 12,407

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase contracts 150,072 79,905
Other creditors 104,639 -
254,711 79,905

The hire purchase contracts are secured against the assets being so acquired.

The other creditor is secured via a fixed and floating charge over the assets of the business.

9. OTHER FINANCIAL COMMITMENTS

The amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £62,410 (2023: £34,812).

Westcross Environmental Services Ltd (Registered number: 11980124)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
A C Cross
Balance outstanding at start of year - -
Amounts advanced - 4,991
Amounts repaid - (4,991 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan was repayable on demand and is interest free.