REGISTERED NUMBER: 04679834

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

WITHYBUSH COACHWORKS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A M Haworth

SECRETARY:

Mrs J Haworth

REGISTERED OFFICE:

Unit 6 East Estate

Withybush Industrial Park

Haverfordwest

Pembrokeshire

SA62 4BW

REGISTERED NUMBER:

04679834

ACCOUNTANTS:

L M Griffiths & Co Limited

Chartered Certified Accountants

1&2 Merlins Court

Winch Lane

Haverfordwest

Pembrokeshire

SA61 1SB

FIXED ASSETS

Property, plant and equipment

4

52,289

55,038

CURRENT ASSETS

Inventories

5,335

12,657

Debtors

5

169,817

165,104

Cash at bank and in hand

83,586

63,870

258,738

241,631

CREDITORS

Amounts falling due within one year

6

156,728

165,377

NET CURRENT ASSETS

102,010

76,254

TOTAL ASSETS LESS CURRENT LIABILITIES

154,299

131,292

CREDITORS

Amounts falling due after more than one year

7

(24,074

)

(29,630

)

PROVISIONS FOR LIABILITIES

(5,379

)

(5,736

)

NET ASSETS

124,846

95,926

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

124,796

95,876

SHAREHOLDERS' FUNDS

124,846

95,926

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 December 2025 and were signed by:

Mr A M Haworth - Director

1.	STATUTORY INFORMATION

Withybush Coachworks Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The directors are not aware of any material uncertainties in making their assessment of going concern. As a result they have adopted the going concern basis of accounting.

Turnover

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

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Inventories

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

Income recognition

The company's turnover represents the sale of goods and services. The company recognises income as soon as customer orders have been completed and a sales invoice issued and sent to the customer.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 31 March 2024

48,784

91,017

1,351

Additions

-

2,306

-

At 30 March 2025

48,784

93,323

1,351

DEPRECIATION

At 31 March 2024

19,175

66,504

1,302

Charge for year

976

4,018

8

At 30 March 2025

20,151

70,522

1,310

NET BOOK VALUE

At 30 March 2025

28,633

22,801

41

At 30 March 2024

29,609

24,513

49

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 March 2024

11,083

11,625

163,860

Additions

-

276

2,582

At 30 March 2025

11,083

11,901

166,442

DEPRECIATION

At 31 March 2024

10,356

11,485

108,822

Charge for year

182

147

5,331

At 30 March 2025

10,538

11,632

114,153

NET BOOK VALUE

At 30 March 2025

545

269

52,289

At 30 March 2024

727

140

55,038

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

169,817

165,104

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

7,207

19,394

Taxation and social security

137,291

132,551

Other creditors

6,674

7,876

156,728

165,377

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

24,074

29,630

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 March 2025 and 30 March 2024:

2025

2024

£

£

Mr A M Haworth

Balance outstanding at start of year

(707

)

(7,325

)

Amounts advanced

83,832

102,898

Amounts repaid

(84,000

)

(96,280

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(875

)

(707

)

Interest is charged at commercial rates on the amounts due from the director.