Trailer Servicing South West Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13446556

		31 March 2025		30 June 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		58,348		54,338

			58,348		54,338
CURRENT ASSETS
Stocks	5	54,859		43,308
Debtors	6	20,084		18,855
Cash at bank and in hand		51,398		30,489

		126,341		92,652
Creditors: Amounts Falling Due Within One Year	7	(91,460 )		(79,241 )

NET CURRENT ASSETS (LIABILITIES)			34,881		13,411

TOTAL ASSETS LESS CURRENT LIABILITIES			93,229		67,749

PROVISIONS FOR LIABILITIES
Deferred Taxation			(9,242 )		(8,191 )

NET ASSETS			83,987		59,558

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			83,887		59,458

SHAREHOLDERS' FUNDS			83,987		59,558

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Trailer Servicing South West Ltd

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

N Titchen

Director

5 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Trailer Servicing South West Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13446556 . The registered office is C/O BWBCA Limited Office 44, A30 Business Centre, Okehampton, Devon, EX20 1BG.

The presentation currency of the financial statements is the Pound Sterling (£).

This accounting period is shorter than 12 months, therefore the comparatives are not directly comparable.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	18% reducing balance
Motor Vehicles	18% reducing balance
Computer Equipment	18% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 enactedor substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all material 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 period 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.

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Trailer Servicing South West Ltd

Notes to the Financial Statements (continued)

For the Period 1 July 2024 to 31 March 2025

3. Average Number of Employees

Average number of employees during the period was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 July 2024	14,076	62,362	2,490	78,928
Additions	11,590	-	563	12,153

As at 31 March 2025	25,666	62,362	3,053	91,081

Depreciation
As at 1 July 2024	1,959	21,678	953	24,590
Provided during the period	2,366	5,493	284	8,143

As at 31 March 2025	4,325	27,171	1,237	32,733

Net Book Value
As at 31 March 2025	21,341	35,191	1,816	58,348

As at 1 July 2024	12,117	40,684	1,537	54,338

5. Stocks

	31 March 2025	30 June 2024
	£	£
Stock	54,859	43,308

6. Debtors

	31 March 2025	30 June 2024
	£	£
Due within one year
Trade debtors	8,190	10,210
Other debtors	11,894	8,645

	20,084	18,855

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	30 June 2024
	£	£
Trade creditors	7,453	2,192
Other creditors	75,555	70,789
Taxation and social security	8,452	6,260

	91,460	79,241

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Trailer Servicing South West Ltd

Notes to the Financial Statements (continued)

For the Period 1 July 2024 to 31 March 2025

8. Share Capital

	31 March 2025	30 June 2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 March 2025	30 June 2024
	£	£
Not later than one year	13,125	13,125
Later than one year and not later than five years	2,188	12,031

	15,313	25,156

10. Related Party Transactions

At the year end the company owed the directors, Mr N Titchen and Mrs C Titchen £60,124 and £8,315 respectively (2024: £64,307 and £0).The loans are interest free and repayable on demand and will not be withdrawn to the detriment of the company.

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