REGISTERED NUMBER: 00734506 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

G.O DAVIES (WESTBURY) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Roberts

Ms M A C Davies

O B L Roberts

E W L Roberts

SECRETARY:

E W Roberts

REGISTERED OFFICE:

Harvest House

Westbury

Shrewsbury

Shropshire

SY5 9BY

REGISTERED NUMBER:

00734506 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

FIXED ASSETS

Tangible assets

5

78,017

71,013

CURRENT ASSETS

Stocks

6

50,873

60,351

Debtors

7

4,269,789

4,391,991

Cash at bank

183,451

124,614

4,504,113

4,576,956

CREDITORS

Amounts falling due within one year

8

3,598,009

3,730,833

NET CURRENT ASSETS

906,104

846,123

TOTAL ASSETS LESS CURRENT LIABILITIES

984,121

917,136

CREDITORS

Amounts falling due after more than one year

9

(15,700

)

-

PROVISIONS FOR LIABILITIES

10

(6,285

)

-

NET ASSETS

962,136

917,136

CAPITAL AND RESERVES

Called up share capital

11

10,000

10,000

Share premium

12

1,123

1,123

Retained earnings

12

951,013

906,013

SHAREHOLDERS' FUNDS

962,136

917,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

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 3 November 2025 and were signed on its behalf by:

D Roberts - Director

1.	STATUTORY INFORMATION

G.O Davies (Westbury) 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

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 recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases;

Plant and machinery

- 25% reducing balance

Motor vehicles

- 25% reducing balance

Fixtures and fittings

- 15% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

(i) Financial assets

Basic financial assets, including trade receivables and other receivables, amounts owed by group undertakings and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

(ii) Financial liabilities

Basic financial liabilities, including trade and other payables are initially recognised at transaction price and subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

31,271

5,538

87,985

124,794

Additions

-

-

35,895

35,895

Disposals

-

-

(26,234

)

(26,234

)

At 30 June 2025

31,271

5,538

97,646

134,455

DEPRECIATION

At 1 July 2024

25,637

4,553

23,591

53,781

Charge for year

1,409

148

17,151

18,708

Eliminated on disposal

-

-

(16,051

)

(16,051

)

At 30 June 2025

27,046

4,701

24,691

56,438

NET BOOK VALUE

At 30 June 2025

4,225

837

72,955

78,017

At 30 June 2024

5,634

985

64,394

71,013

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

35,895

At 30 June 2025

35,895

DEPRECIATION

Charge for year

2,243

At 30 June 2025

2,243

NET BOOK VALUE

At 30 June 2025

33,652

6.

STOCKS

30.6.25

30.6.24

£

£

Stocks

50,873

60,351

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

3,899,735

4,359,581

Amounts owed by group undertakings

305,574

-

Other debtors

45,467

19,622

VAT

5,555

2,640

Prepayments

13,458

10,148

4,269,789

4,391,991

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

7,846

-

Trade creditors

3,463,106

3,583,558

Tax

42,100

18,142

Social security and other taxes

10,343

7,238

Other creditors

63,708

121,895

Levy due

10,906

-

3,598,009

3,730,833

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

15,700

-

10.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

6,285

-

**	CLIENT SCREEN - PROVISIONS FOR LIABILITIES AND CHARGES - MOVEMENTS IN PROVISIONS ETC - SHOULD BE COMPLETED IN RESPECT OF DEFERRED TAX

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

10,000

Ordinary

£1

10,000

10,000

12.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 July 2024

906,013

1,123

907,136

Profit for the year

141,200

141,200

Dividends

(96,200

)

(96,200

)

At 30 June 2025

951,013

1,123

952,136

13.	CONTINGENT LIABILITIES

During the year, the company entered into a debenture with Lloyds Bank Plc containing a fixed and floating charge over all the property and undertaking of the company.

14.	RELATED PARTY DISCLOSURES

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.

15.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G.O. Davies Holdings Ltd.