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Company No: 04636810 (England and Wales)

WESTFORD MECHANICAL LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

WESTFORD MECHANICAL LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

WESTFORD MECHANICAL LIMITED

BALANCE SHEET

As at 31 December 2024
WESTFORD MECHANICAL LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 107,865 104,157
107,865 104,157
Current assets
Debtors 5 449,972 771,450
Cash at bank and in hand 791,399 554,845
1,241,371 1,326,295
Creditors: amounts falling due within one year 6 ( 355,245) ( 462,980)
Net current assets 886,126 863,315
Total assets less current liabilities 993,991 967,472
Provision for liabilities ( 12,746) ( 12,038)
Net assets 981,245 955,434
Capital and reserves
Called-up share capital 7 10 10
Profit and loss account 981,235 955,424
Total shareholder's funds 981,245 955,434

For the financial 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.

Director's responsibilities:

The financial statements of Westford Mechanical Limited (registered number: 04636810) were approved and authorised for issue by the Director on 05 June 2025. They were signed on its behalf by:

Mr A J Fewings
Director
WESTFORD MECHANICAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
WESTFORD MECHANICAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Westford Mechanical Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, Somerset, United Kingdom. The principal place of business is Unit 2, Venture Way, Priorswood Industrial Estate, Taunton, Somerset, TA2 8DG.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £1.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company invoices sales based on the progress of the contract. This is usually carried out at the end of each month.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Vehicles 25 % reducing balance
Office equipment 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

The director is satisfied, having considered the current financial position and performance of the company, that the going concern assessment (which is a critical accounting judgement) remains appropriate. In making this assessment, the director has considered the recoverability of debtors, future contracts and cash flow projections (from the date of approval of these financial statements).

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 19 20

4. Tangible assets

Plant and machinery Vehicles Office equipment Total
£ £ £ £
Cost
At 01 January 2024 13,256 162,792 38,987 215,035
Additions 0 66,470 0 66,470
Disposals 0 ( 69,039) 0 ( 69,039)
At 31 December 2024 13,256 160,223 38,987 212,466
Accumulated depreciation
At 01 January 2024 726 78,016 32,136 110,878
Charge for the financial year 1,879 23,658 1,028 26,565
Disposals 0 ( 32,842) 0 ( 32,842)
At 31 December 2024 2,605 68,832 33,164 104,601
Net book value
At 31 December 2024 10,651 91,391 5,823 107,865
At 31 December 2023 12,530 84,776 6,851 104,157

5. Debtors

2024 2023
£ £
Trade debtors 307,395 621,471
Amounts owed by related parties 112,849 112,849
Other taxation and social security 1,435 1,482
Other debtors 28,293 35,648
449,972 771,450

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 311,953 353,410
Taxation and social security 37,517 103,950
Other creditors 5,775 5,620
355,245 462,980

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
10 Ordinary £1 shares of £ 1.00 each 10 10