IRIS Accounts Production v25.1.0.734 05362158 director 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053621582023-07-31053621582024-07-31053621582023-08-012024-07-31053621582022-07-31053621582022-08-012023-07-31053621582023-07-3105362158ns15:EnglandWales2023-08-012024-07-3105362158ns14:PoundSterling2023-08-012024-07-3105362158ns10:Director12023-08-012024-07-3105362158ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3105362158ns10:SmallEntities2023-08-012024-07-3105362158ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3105362158ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3105362158ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3105362158ns10:FullAccounts2023-08-012024-07-3105362158ns10:RegisteredOffice2023-08-012024-07-3105362158ns5:CurrentFinancialInstruments2024-07-3105362158ns5:CurrentFinancialInstruments2023-07-3105362158ns5:ShareCapital2024-07-3105362158ns5:ShareCapital2023-07-3105362158ns5:RetainedEarningsAccumulatedLosses2024-07-3105362158ns5:RetainedEarningsAccumulatedLosses2023-07-3105362158ns5:PlantMachinery2023-08-012024-07-3105362158ns5:PlantMachinery2023-07-3105362158ns5:PlantMachinery2024-07-3105362158ns5:PlantMachinery2023-07-3105362158ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3105362158ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31053621581ns10:Director12023-07-31053621581ns10:Director12022-07-31053621581ns10:Director12023-08-012024-07-31053621581ns10:Director12022-08-012023-07-31053621581ns10:Director12024-07-31053621581ns10:Director12023-07-31
REGISTERED NUMBER: 05362158 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Westwood Cylinder Liners Limited

Westwood Cylinder Liners Limited (Registered number: 05362158)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westwood Cylinder Liners Limited

Company Information
for the year ended 31 July 2024







DIRECTOR: D Andrews





REGISTERED OFFICE: Unit 3, George Baylis Court
George Baylis Road
Droitwich
Worcestershire
WR9 9RB





REGISTERED NUMBER: 05362158 (England and Wales)





ACCOUNTANTS: Pinfields Limited
Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN

Westwood Cylinder Liners Limited (Registered number: 05362158)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 69,306 15,207

CURRENT ASSETS
Stocks 325,000 348,047
Debtors 5 232,559 180,864
Cash at bank 394,547 384,853
952,106 913,764
CREDITORS
Amounts falling due within one year 6 176,564 131,079
NET CURRENT ASSETS 775,542 782,685
TOTAL ASSETS LESS CURRENT
LIABILITIES

844,848

797,892

PROVISIONS FOR LIABILITIES 5,327 3,802
NET ASSETS 839,521 794,090

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 839,418 793,987
SHAREHOLDERS' FUNDS 839,521 794,090

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Westwood Cylinder Liners Limited (Registered number: 05362158)

Balance Sheet - continued
31 July 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 director and authorised for issue on 9 April 2025 and were signed by:





D Andrews - Director


Westwood Cylinder Liners Limited (Registered number: 05362158)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Westwood Cylinder Liners 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, 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.


Westwood Cylinder Liners Limited (Registered number: 05362158)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

2. ACCOUNTING POLICIES - continued
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.

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 88,138
Additions 58,720
At 31 July 2024 146,858
DEPRECIATION
At 1 August 2023 72,931
Charge for year 4,621
At 31 July 2024 77,552
NET BOOK VALUE
At 31 July 2024 69,306
At 31 July 2023 15,207

Westwood Cylinder Liners Limited (Registered number: 05362158)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 87,477 128,434
Other debtors 145,082 52,430
232,559 180,864

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 101,706 22,802
Taxation and social security 69,446 102,750
Other creditors 5,412 5,527
176,564 131,079

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.7.24 31.7.23
£    £   
D Andrews
Balance outstanding at start of year 25,589 69,444
Amounts advanced 316,493 106,145
Amounts repaid (215,562 ) (150,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 126,520 25,589