Company No: 10822616 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	49,736		54,756
		49,736		54,756
Current assets
Stocks		28,500		35,500
Debtors	4	30,426		27,923
Cash at bank and in hand		2,383		2,614
		61,309		66,037
Creditors: amounts falling due within one year	5	( 70,087)		( 71,803)
Net current liabilities		(8,778)		(5,766)
Total assets less current liabilities		40,958		48,990
Creditors: amounts falling due after more than one year	6	( 29,726)		( 49,526)
Provision for liabilities	7	( 9,447)		( 6,780)
Net assets/(liabilities)		1,785		( 7,316)
Capital and reserves
Called-up share capital		2		2
Profit and loss account		1,783		( 7,318 )
Total shareholders' funds/(deficit)		1,785		( 7,316)

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of West Country Environmental Ltd (registered number: 10822616) were approved and authorised for issue by the Board of Directors on 15 December 2025. They were signed on its behalf by:

L Bullen Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

West Country Environmental Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1-2 Lufton Heights Commerce Park Boundary Way, Lufton, Yeovil, BA22 8UY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	25 % reducing balance

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Government grants

Government grants are recognised within other operating income based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 01 July 2024	28,301		82,257		4,567		115,125
Additions	1,690		29,474		848		32,012
Disposals	0		( 56,257)		0		( 56,257)
At 30 June 2025	29,991		55,474		5,415		90,880
Accumulated depreciation
At 01 July 2024	16,156		41,576		2,637		60,369
Charge for the financial year	3,356		5,814		613		9,783
Disposals	0		( 29,008)		0		( 29,008)
At 30 June 2025	19,512		18,382		3,250		41,144
Net book value
At 30 June 2025	10,479		37,092		2,165		49,736
At 30 June 2024	12,145		40,681		1,930		54,756

4. Debtors

	2025		2024
	£		£
Trade debtors	12,556		18,982
Amounts owed by directors	17,468		8,321
Other debtors	402		620
	30,426		27,923

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	7,058		7,739
Trade creditors	11,120		22,192
Accruals	2,949		2,951
Corporation tax	9,690		4,264
Other taxation and social security	4,488		6,397
Obligations under finance leases and hire purchase contracts (secured)	21,387		14,597
Other creditors	13,395		13,663
	70,087		71,803

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		7,066
Obligations under finance leases and hire purchase contracts (secured)	29,726		42,460
	29,726		49,526

Within bank loans is a balance of £1,667 (2024 - £3,667) relating to an outstanding amount due from a Coronavirus Bounce Back Loan. The UK government have guaranteed 100% of the value of the loan.

There are no other amounts within bank loans for which there is security.

The obligations under finance leases and hire purchase contracts are secured on the underlying assets which are included within plant & machinery and motor vehicles. The net book value of the relevant assets at the balance sheet date is £40,087 (2024 - £42,298).

7. Provision for liabilities

	2025		2024
	£		£
Deferred tax	9,447		6,780

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	19,200		18,200
between one and five years	16,000		35,200
Total future minimum lease payments under non-cancellable operating leases	35,200		53,400

The total commitment shown above is in relation to non-cancellable operating leases on business premises.

9. Related party transactions

Transactions with the entity's directors

Advances

The Directors loan accounts are repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 each at the official HMRC rates.

At 1 July 2024 the balance owed from the directors was £8,321. During the year, the company made advances to directors amounting to £41,922 and received repayments of £32,775 leaving at 30 June 2025 a balance due from the directors of £17,468.

At 1 July 2023 the balance owed from the directors was £31,442. During the year, the company made advances to directors amounting to £22,264 and received repayments of £45,385 leaving at 30 June 2024 a balance due from the directors of £8,321.