J W Waste Recycling Limited - Filleted accounts

Registered number

06842469

J W Waste Recycling Limited

Filleted Accounts

31 March 2025

J W Waste Recycling Limited
Registered number:		06842469
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,700,985			1,793,313

Current assets
Stocks		4,158			4,158
Debtors	4	207,034			207,928
Cash at bank and in hand		8,093			117,301
		219,285			329,387

Creditors: amounts falling due within one year	5	(1,087,329)			(1,077,447)

Net current liabilities			(868,044)			(748,060)

Total assets less current liabilities			832,941			1,045,253

Creditors: amounts falling due after more than one year	6		(598,964)			(793,970)

Provisions for liabilities			(323,187)			(328,804)


Net liabilities			(89,210)			(77,521)

Capital and reserves
Called up share capital			50			50
Profit and loss account			(89,260)			(77,571)

Shareholders' funds			(89,210)			(77,521)

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.


J S Witt
Director
Approved by the board on 1 December 2025

J W Waste Recycling Limited
Notes to the Accounts
for the year ended 31 March 2025

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 is recognised when the waste has been collect or products sold.
	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:

	Plant and machinery			Straight line 10 years
	Office equipment			Straight line 10 years

	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. any damaged or unusable stock is removed at the point of discovery.
	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					26		26


3	Tangible fixed assets
		Office equipment		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	21,282		915,608		1,659,535		2,596,425
	Additions	-		157,993		40,500		198,493
	Disposals	-		(48,750)		-		(48,750)
	At 31 March 2025	21,282		1,024,851		1,700,035		2,746,168

	Depreciation
	At 1 April 2024	6,820		141,765		654,527		803,112
	Charge for the year	2,129		100,001		144,816		246,946
	On disposals	-		(4,875)		-		(4,875)
	At 31 March 2025	8,949		236,891		799,343		1,045,183

	Net book value
	At 31 March 2025	12,333		787,960		900,692		1,700,985
	At 31 March 2024	14,462		773,843		1,005,008		1,793,313


4	Debtors					2025		2024
£							£

	Trade debtors					177,906		178,800
	Other debtors					29,128		29,128
						207,034		207,928


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					5,338		5,514
	Obligations under finance lease and hire purchase contracts					235,891		229,996
	Trade creditors					355,656		330,346
	Taxation and social security costs					471,309		498,241
	Other creditors					19,135		13,350
						1,087,329		1,077,447


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					25,572		28,948
	Obligations under finance lease and hire purchase contracts					572,489		715,436
	Other creditors					903		49,586
						598,964		793,970


7	Related party transactions

	At the year end the company owed the director £902 (2023: £49,586).


8	Controlling party

	The company is controlled by the director who owns 100% of the issued share capital.


9	Other information

	J W Waste Recycling Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Newbury Works
	Coleford
	Radstock
	Somerset
	BA3 5RX