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REGISTERED NUMBER: 06123472 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Westfield Tree Services Limited

Westfield Tree Services Limited (Registered number: 06123472)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westfield Tree Services Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr I C E Hartley
Mr A W Hartley
Mr K H Hartley





SECRETARY: Mr I C E Hartley





REGISTERED OFFICE: Horrobin Farm
Bolton Road
Hoghton
Preston
Lancashire
PR5 0SP





REGISTERED NUMBER: 06123472 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Westfield Tree Services Limited (Registered number: 06123472)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 703,254 622,945

CURRENT ASSETS
Stocks 79,119 111,635
Debtors 5 1,273,080 1,161,391
Cash at bank 107,135 158,247
1,459,334 1,431,273
CREDITORS
Amounts falling due within one year 6 493,536 440,360
NET CURRENT ASSETS 965,798 990,913
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,669,052

1,613,858

CREDITORS
Amounts falling due after more than one
year

7

(136,480

)

(172,530

)

PROVISIONS FOR LIABILITIES (148,567 ) (136,579 )
NET ASSETS 1,384,005 1,304,749

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,383,905 1,304,649
SHAREHOLDERS' FUNDS 1,384,005 1,304,749

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

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

The directors acknowledge their 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.

Westfield Tree Services Limited (Registered number: 06123472)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:




Mr A W Hartley - Director



Mr K H Hartley - Director


Westfield Tree Services Limited (Registered number: 06123472)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Westfield Tree Services 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Westfield Tree Services Limited (Registered number: 06123472)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 23 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Office to Plant and
Buildings property machinery
£    £    £   
COST
At 1 January 2024 41,940 67,046 661,097
Additions - - 146,743
At 31 December 2024 41,940 67,046 807,840
DEPRECIATION
At 1 January 2024 - - 202,334
Charge for year - - 121,102
At 31 December 2024 - - 323,436
NET BOOK VALUE
At 31 December 2024 41,940 67,046 484,404
At 31 December 2023 41,940 67,046 458,763

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 32,700 94,362 17,127 914,272
Additions - 90,826 92 237,661
At 31 December 2024 32,700 185,188 17,219 1,151,933
DEPRECIATION
At 1 January 2024 27,099 48,397 13,497 291,327
Charge for year 1,120 34,199 931 157,352
At 31 December 2024 28,219 82,596 14,428 448,679
NET BOOK VALUE
At 31 December 2024 4,481 102,592 2,791 703,254
At 31 December 2023 5,601 45,965 3,630 622,945

Westfield Tree Services Limited (Registered number: 06123472)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS - continued

The obligations under finance leases are secured against the items of plant and machinery to which they relate that have a net book value of £464.819.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 447,284 195,647
Other debtors 825,796 965,744
1,273,080 1,161,391

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 50,000 100,000
Hire purchase contracts (see note 8) 152,456 90,926
Trade creditors 166,755 162,414
Taxation and social security 110,600 75,499
Other creditors 13,725 11,521
493,536 440,360

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 50,000
Hire purchase contracts (see note 8) 136,480 122,530
136,480 172,530

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.12.23
£    £   
Net obligations repayable:
Within one year 152,456 90,926
Between one and five years 136,480 122,530
288,936 213,456

Westfield Tree Services Limited (Registered number: 06123472)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
31.12.24 31.12.23
£    £   
Within one year 25,000 25,000
Between one and five years 100,000 100,000
In more than five years 75,000 100,000
200,000 225,000

9. SECURED DEBTS

The UK Government have provided an 80% guarantee on the Coronavirus Business Interruption Loan Scheme (CBILS), borrowings obtained from National Westminster Bank PLC.

10. RELATED PARTY DISCLOSURES

At the year end the company was owed £757,069.49 from a company under common control.

The loans are interest free and repayable on demand.