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REGISTERED NUMBER: 08788915 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

Westcott Construction Limited

Westcott Construction Limited (Registered number: 08788915)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Westcott Construction Limited

Company Information
for the Year Ended 31st December 2024







DIRECTORS: J Westcott
S Mark





SECRETARY: P G Westcott





REGISTERED OFFICE: Unit 6
St James Industrial Estate
Westhampnett Road
Chichester
West Sussex
PO19 7JU





REGISTERED NUMBER: 08788915 (England and Wales)





ACCOUNTANTS: Harmonix Accounting Ltd
38 Colville Road
East Cosham
Portsmouth
Hampshire
PO6 2DY

Westcott Construction Limited (Registered number: 08788915)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 287,593 280,713

CURRENT ASSETS
Debtors 5 436,199 354,269
Cash at bank 215,405 109,107
651,604 463,376
CREDITORS
Amounts falling due within one year 6 317,151 122,544
NET CURRENT ASSETS 334,453 340,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

622,046

621,545

CREDITORS
Amounts falling due after more than one
year

7

(88,083

)

(187,399

)

PROVISIONS FOR LIABILITIES 8 (68,240 ) (68,064 )
NET ASSETS 465,723 366,082

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 465,623 365,982
SHAREHOLDERS' FUNDS 465,723 366,082

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

Westcott Construction Limited (Registered number: 08788915)

Balance Sheet - continued
31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th July 2025 and were signed on its behalf by:





J Westcott - Director


Westcott Construction Limited (Registered number: 08788915)

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


1. STATUTORY INFORMATION

Westcott Construction 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.

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 etc - 50% on cost, 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 16 (2023 - 15 ) .

Westcott Construction Limited (Registered number: 08788915)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st January 2024 92,624 3,805 342,248 16,626 455,303
Additions - 4,473 107,254 - 111,727
Disposals - - (84,301 ) (11,923 ) (96,224 )
At 31st December 2024 92,624 8,278 365,201 4,703 470,806
DEPRECIATION
At 1st January 2024 61,981 2,356 93,627 16,626 174,590
Charge for year 14,216 741 68,153 - 83,110
Eliminated on disposal - - (62,564 ) (11,923 ) (74,487 )
At 31st December 2024 76,197 3,097 99,216 4,703 183,213
NET BOOK VALUE
At 31st December 2024 16,427 5,181 265,985 - 287,593
At 31st December 2023 30,643 1,449 248,621 - 280,713

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 270,799 167,384
Other debtors 165,400 140,500
Directors' current accounts - 46,385
436,199 354,269

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 2,428 1,614
Hire purchase contracts 12,816 30,759
Trade creditors 82,446 23,790
Tax 105,031 36,130
Social security and other taxes 23,926 14,449
VAT 85,227 12,662
Other creditors 120 153
Accrued expenses 5,157 2,987
317,151 122,544

Westcott Construction Limited (Registered number: 08788915)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 2-5 years 88,083 174,583
Hire purchase contracts - 12,816
88,083 187,399

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 68,240 68,064

Deferred
tax
£   
Balance at 1st January 2024 68,064
Provided during year 176
Balance at 31st December 2024 68,240

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary 1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

31.12.24 31.12.23
£    £   
J Westcott
Balance outstanding at start of year 46,385 70,803
Amounts advanced - 46,385
Amounts repaid (46,385 ) (70,803 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 46,385

11. RELATED PARTY DISCLOSURES

At the end of the year, the company had loaned Westcott Property Ltd a sum of £165,400.
The company has a 100% controlling interest in Westcott Property Ltd.