Westgate Transport Training Limited

Registered number

06772886

Filleted Accounts

31 December 2024

Westgate Transport Training Limited
Registered number:		06772886
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		99,425			73,635

Current assets
Debtors	4	18,389			38,469
Cash at bank and in hand		173,904			201,072
		192,293			239,541

Creditors: amounts falling due within one year	5	(51,722)			(61,958)

Net current assets			140,571			177,583

Net assets			239,996			251,218

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			238,996			250,218

Shareholders' funds			239,996			251,218

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.




Mrs C A Horton
Director
Approved by the board on 22 September 2025

Westgate Transport Training Limited
Notes to the Accounts
for the year ended 31 December 2024


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).

	Turnover
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles and trailers	25% reducing balance
	Fixtures, fittings, tools and equipment	15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			4		5


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2024	20,950		470,500		491,450
	Additions	-		69,600		69,600
	Disposals	-		(30,320)		(30,320)
	At 31 December 2024	20,950		509,780		530,730

	Depreciation
	At 1 January 2024	14,487		403,328		417,815
	Charge for the year	969		31,310		32,279
	On disposals	-		(18,789)		(18,789)
	At 31 December 2024	15,456		415,849		431,305

	Net book value
	At 31 December 2024	5,494		93,931		99,425
	At 31 December 2023	6,463		67,172		73,635


4	Debtors			2024		2023
£					£

	Trade debtors			10,889		30,969
	Other debtors			7,500		7,500
				18,389		38,469


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Taxation and social security costs			12,545		19,205
	Other creditors			39,177		42,753
				51,722		61,958


6	Other information

	Westgate Transport Training Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Skate Hut
	Amber Way
	Halesowen
	B62 8AY