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Company Registration No. 11113508 (England and Wales)
BW Electrical (South West) Ltd Unaudited accounts for the year ended 31 December 2024
BW Electrical (South West) Ltd Unaudited accounts Contents
Page
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BW Electrical (South West) Ltd Company Information for the year ended 31 December 2024
Directors
Mr Michael Bailey Mr Jordan Reeves
Company Number
11113508 (England and Wales)
Registered Office
1 WAYLAND ROAD WESTON-SUPER-MARE BS22 9HS ENGLAND
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BW Electrical (South West) Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
72,162 
90,603 
Current assets
Inventories
566 
525 
Debtors
210,413 
34,475 
Cash at bank and in hand
130 
6,607 
211,109 
41,607 
Creditors: amounts falling due within one year
(248,665)
(51,443)
Net current liabilities
(37,556)
(9,836)
Total assets less current liabilities
34,606 
80,767 
Creditors: amounts falling due after more than one year
(132,569)
(58,786)
Net (liabilities)/assets
(97,963)
21,981 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(98,063)
21,881 
Shareholders' funds
(97,963)
21,981 
For the year ending 31 December 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 30 April 2025 and were signed on its behalf by
Mr Michael Bailey Director Company Registration No. 11113508
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BW Electrical (South West) Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BW Electrical (South West) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11113508. The registered office is 1 WAYLAND ROAD, WESTON-SUPER-MARE, BS22 9HS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% per annum - straight line
Fixtures & fittings
20% per annum - straight line
Computer equipment
25% per annum - straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
- 
152,864 
7,506 
2,817 
163,187 
Additions
3,688 
- 
7,727 
1,392 
12,807 
Revaluations
- 
(44,370)
- 
- 
(44,370)
At 31 December 2024
3,688 
108,494 
15,233 
4,209 
131,624 
Depreciation
At 1 January 2024
- 
63,484 
6,858 
2,242 
72,584 
Charge for the year
992 
26,100 
3,104 
1,052 
31,248 
Surplus on revaluation
- 
(44,370)
- 
- 
(44,370)
At 31 December 2024
992 
45,214 
9,962 
3,294 
59,462 
Net book value
At 31 December 2024
2,696 
63,280 
5,271 
915 
72,162 
At 31 December 2023
- 
89,380 
648 
575 
90,603 
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BW Electrical (South West) Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
28,797 
- 
Trade debtors
55,645 
34,475 
Other debtors
125,971 
- 
210,413 
34,475 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
52,050 
10,000 
Obligations under finance leases and hire purchase contracts
12,473 
- 
Trade creditors
38,030 
41,443 
Taxes and social security
84,743 
- 
Other creditors
6,216 
- 
Loans from directors
16,673 
- 
Accruals
38,480 
- 
248,665 
51,443 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
65,997 
16,667 
Obligations under finance leases and hire purchase contracts
20,772 
- 
Other creditors
15,800 
12,119 
Loans from directors
30,000 
30,000 
132,569 
58,786 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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