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REGISTERED NUMBER: 01288100 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2025

for

B. E. Webbe Removals (Derby) Limited

B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B. E. Webbe Removals (Derby) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: J S Blount
R A Blount
N J Blount
E A J Blount





SECRETARY: A M Foulke ACA





REGISTERED OFFICE: Racecourse Industrial Park
Mansfield Road
Derby
DE21 4SX





REGISTERED NUMBER: 01288100 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,733,601 20,561,917
Investment property 5 496,694 496,694
21,230,295 21,058,611

CURRENT ASSETS
Debtors 6 994,389 557,229
Cash at bank and in hand 1,077 41,277
995,466 598,506
CREDITORS
Amounts falling due within one year 7 2,038,231 1,824,493
NET CURRENT LIABILITIES (1,042,765 ) (1,225,987 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,187,530

19,832,624

CREDITORS
Amounts falling due after more than one
year

8

(4,892,527

)

(5,252,746

)

PROVISIONS FOR LIABILITIES 10 (1,968,000 ) (1,928,000 )
NET ASSETS 13,327,003 12,651,878

CAPITAL AND RESERVES
Called up share capital 27,500 27,500
Share premium 292,500 292,500
Revaluation reserve 11 5,149,285 5,116,982
Capital redemption reserve 5,000 5,000
Retained earnings 7,852,718 7,209,896
SHAREHOLDERS' FUNDS 13,327,003 12,651,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)

Balance Sheet - continued
31 March 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:





J S Blount - Director


B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

B. E. Webbe Removals (Derby) 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. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is the invoiced value of sales, excluding value added tax, and is recognised upon completion of the service provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 15% on net book value
Motor vehicles - 15% to 25% on net book value

Freehold property is not depreciated but is revalued annually at its market value. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

Investment property
Investment property is included at fair value, any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. Deferred taxation is provided at the current rate for taxation.

Deferred tax
A provision is made at current rates for taxation deferred in respect of all timing differences, including provisions made for potential tax arising on assets which have been revalued.

Pension costs and other post-retirement benefits
Defined contribution pension arrangements are made for certain directors and employees of the company. The assets of the pension schemes are held separately from those of the company in independently administered funds. Contributions are charged to the profit and loss account in the year in which they are payable to the schemes.

Hire purchase
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2024 - 45 ) .

B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Freehold Motor
property Equipment vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2024 20,309,109 501,621 450,998 21,261,728
Additions 142,757 1,283 60,600 204,640
Disposals - (36,876 ) (30,172 ) (67,048 )
Revaluations 44,303 - - 44,303
At 31 March 2025 20,496,169 466,028 481,426 21,443,623
DEPRECIATION
At 1 April 2024 - 410,319 289,492 699,811
Charge for year - 13,695 54,443 68,138
Eliminated on disposal - (35,334 ) (22,593 ) (57,927 )
At 31 March 2025 - 388,680 321,342 710,022
NET BOOK VALUE
At 31 March 2025 20,496,169 77,348 160,084 20,733,601
At 31 March 2024 20,309,109 91,302 161,506 20,561,917

Cost or valuation at 31 March 2025 is represented by:

Freehold Equipment
property etc Totals
£    £    £   
Valuation in 2025 20,496,169 - 20,496,169
Cost - 947,454 947,454
20,496,169 947,454 21,443,623

If freehold property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 14,280,883 14,138,126
Aggregate depreciation 2,849,540 2,575,190

Value of land in freehold land and buildings 563,397 563,397

Freehold property was valued on a fair value basis on 31 March 2025 by the directors .

B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 496,694
NET BOOK VALUE
At 31 March 2025 496,694
At 31 March 2024 496,694

Cost or valuation at 31 March 2025 is represented by:
£   
Valuation in 2025 496,694

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 496,694 496,694
Aggregate depreciation (19,868 ) (9,934 )

Investment property was valued on a fair value basis on 31 March 2025 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 381,670 492,943
Other debtors 612,719 64,286
994,389 557,229

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 372,943 326,217
Hire purchase contracts 6,050 -
Trade creditors 133,193 148,407
Tax 258,319 195,820
Social security and other taxes 179,355 191,955
Other creditors 706,188 598,736
Deferred income 382,183 363,358
2,038,231 1,824,493

B. E. Webbe Removals (Derby) Limited (Registered number: 01288100)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 4,868,416 5,252,746
Hire purchase contracts 24,111 -
4,892,527 5,252,746

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdraft 27,808 -
Bank loans 5,213,551 5,578,963
Hire purchase contracts 30,161 -
5,271,520 5,578,963

Loans are secured on property held within freehold property.

10. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 1,968,000 1,928,000

Deferred
tax
£   
Balance at 1 April 2024 1,928,000
Charge to Profit and Loss Account during year 28,000
Adjustment on revaluations 12,000
Balance at 31 March 2025 1,968,000

11. RESERVES
Revaluation
reserve
£   
At 1 April 2024 5,116,982
Revaluation adjustment 44,303
Deferred tax transfer (12,000 )

At 31 March 2025 5,149,285