Company Registration No. 07188145 (England and Wales)
West 1 Contracts Limited
Unaudited accounts
for the year ended 30 June 2024
West 1 Contracts Limited
Unaudited accounts
Contents
West 1 Contracts Limited
Company Information
for the year ended 30 June 2024
Directors
W Sparrowhawk
D Sumner
M Martin
T O'Reilly
R Penn
Company Number
07188145 (England and Wales)
West 1 Contracts Limited
Statement of financial position
as at 30 June 2024
Tangible assets
17,792
14,978
Debtors
2,406,049
3,219,184
Cash at bank and in hand
1,333,089
311,037
Creditors: amounts falling due within one year
(2,955,737)
(2,704,202)
Net current assets
783,401
826,019
Total assets less current liabilities
801,193
840,997
Creditors: amounts falling due after more than one year
-
(81,056)
Net assets
801,193
759,941
Called up share capital
500
500
Profit and loss account
800,693
759,441
Shareholders' funds
801,193
759,941
For the year ending 30 June 2024 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 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 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 of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by
D Sumner
Director
Company Registration No. 07188145
West 1 Contracts Limited
Notes to the Accounts
for the year ended 30 June 2024
West 1 Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 07188145.
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:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Charge for the year
12,176
West 1 Contracts Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
1,025,138
1,931,536
Accrued income and prepayments
650,000
1,011,259
Other debtors
730,911
276,389
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
416,547
954,741
Taxes and social security
265,202
318,781
Other creditors
94,673
4,030
Accruals
1,894,143
614,446
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
-
642,748
642,748
-
9
Average number of employees
During the year the average number of employees was 13 (2023: 13).