WESTELLA PLUMBING & HEATING CONTRACTORS LTD


Director	BAKER, Christopher


Registered Address	Unit K Tranby Croft
	Anlaby
	Hull
	HU10 7EF


Registered Number	12377224 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		42,681		4,431
			42,681		4,431
Current assets
Stocks	4	15,000		25,000
Debtors	5	33,093		9,554
Cash at bank and on hand		3,124		9,818
		51,217		44,372
Creditors amounts falling due within one year	6	(35,820)		(29,913)
Net current assets (liabilities)			15,397		14,459
Total assets less current liabilities			58,078		18,890
Creditors amounts falling due after one year	7		(90,487)		(6,186)
Net assets			(32,409)		12,704
Capital and reserves
Called up share capital			2		2
Profit and loss account			(32,411)		12,702
Shareholders' funds			(32,409)		12,704

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 10 April 2025, and are signed on its behalf by:

BAKER, Christopher
Director
Registered Company No. 12377224

WESTELLA PLUMBING & HEATING CONTRACTORS LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	20
	Vehicles	20

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 January 24	3,341	-	6,871	10,212
Additions	-	40,508	-	40,508
At 31 December 24	3,341	40,508	6,871	50,720
Depreciation and impairment
At 01 January 24	1,765	-	4,016	5,781
Charge for year	315	1,372	571	2,258
At 31 December 24	2,080	1,372	4,587	8,039
Net book value
At 31 December 24	1,261	39,136	2,284	42,681
At 31 December 23	1,576	-	2,855	4,431

4.	Stocks

	2024	2023
	£	£
Work in progress	-	15,000
Finished goods	15,000	10,000
Total	15,000	25,000

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	33,093	7,424
Other debtors	-	2,130
Total	33,093	9,554

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	10,358	175
Bank borrowings and overdrafts	24,598	29,738
Taxation and social security	264	-
Accrued liabilities and deferred income	600	-
Total	35,820	29,913

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	54,825	6,186
Other creditors	35,662	-
Total	90,487	6,186

8.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	35,662		-

9.	Share capital
	2 Ordinary Share