| West Brothers Transport Limited |
| Registered number: |
09510149 |
| Balance Sheet |
| as at 28 February 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
285,436 |
|
|
262,355 |
|
| Current assets |
| Debtors |
4 |
|
46,534 |
|
|
36,800 |
| Cash at bank and in hand |
|
|
48,645 |
|
|
38,649 |
|
|
|
95,179 |
|
|
75,449 |
|
| Creditors: amounts falling due within one year |
5 |
|
(54,847) |
|
|
(60,567) |
|
| Net current assets |
|
|
|
40,332 |
|
|
14,882 |
|
| Total assets less current liabilities |
|
|
|
325,768 |
|
|
277,237 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
- |
|
|
(5,084) |
|
|
|
| Net assets |
|
|
|
325,768 |
|
|
272,153 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
325,766 |
|
|
272,151 |
|
| Shareholders' funds |
|
|
|
325,768 |
|
|
272,153 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Oliver West |
| Director |
| Approved by the board on 23 May 2025 |
|
| West Brothers Transport Limited |
| Notes to the Accounts |
| for the year ended 28 February 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
Fleet vehicles |
over 10 years |
|
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant & Machinery |
|
Fleet Vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 March 2024 |
100,633 |
|
326,153 |
|
426,786 |
|
Additions |
84,200 |
|
- |
|
84,200 |
|
Disposals |
(15,586) |
|
- |
|
(15,586) |
|
At 28 February 2025 |
169,247 |
|
326,153 |
|
495,400 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2024 |
72,921 |
|
91,510 |
|
164,431 |
|
Charge for the year |
28,504 |
|
32,615 |
|
61,119 |
|
On disposals |
(15,586) |
|
- |
|
(15,586) |
|
At 28 February 2025 |
85,839 |
|
124,125 |
|
209,964 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2025 |
83,408 |
|
202,028 |
|
285,436 |
|
At 29 February 2024 |
27,712 |
|
234,643 |
|
262,355 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
36,104 |
|
28,530 |
|
Other debtors |
10,430 |
|
8,270 |
|
|
|
|
|
|
46,534 |
|
36,800 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
5,084 |
|
10,514 |
|
Trade creditors |
4,235 |
|
2,535 |
|
Corporation tax |
8,818 |
|
7,750 |
|
Other taxes and social security costs |
17,210 |
|
18,418 |
|
Other creditors |
19,500 |
|
21,350 |
|
|
|
|
|
|
54,847 |
|
60,567 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
- |
|
5,084 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Associated Companies |
|
|
West Brothers Transport Limited and West Brothers Holdings Limited are considered associated companies, by virtue of common control.
Austin West and Oliver West each own 50% of West Brothers Transport Limited and West Brothers Holdings Limited.
During the period, a charge for an amount of £10,000 has been raised by West Brothers Holdings Limited in recognition of management services provided throughout the period to West Brothers Transport Limited. |
|
|
| 8 |
Dividends |
2025 |
|
2024 |
| £ |
£ |
|
Oliver West |
500 |
|
1,000 |
|
Austin West |
500 |
|
1,000 |
|
|
|
|
|
|
1,000 |
|
2,000 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
West Brothers Transport Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Out Elmstead Lane |
|
Barham |
|
Canterbury |
|
Kent |
|
CT4 6HL |