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
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
BW Electrical (South West) Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
72,162
90,603
Cash at bank and in hand
130
6,607
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
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
BW Electrical (South West) Ltd
Notes to the Accounts
for the year ended 31 December 2024
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.
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:
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
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
At 31 December 2024
2,696
63,280
5,271
915
72,162
At 31 December 2023
-
89,380
648
575
90,603
BW Electrical (South West) Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
55,645
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
-
Loans from directors
16,673
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
20,772
-
Other creditors
15,800
12,119
Loans from directors
30,000
30,000
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).