REGISTERED NUMBER: 07215583 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

WESTFIELD FASTENERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Bengtsson-Pratt

J F Pratt

Mrs R Pratt

P Pratt

REGISTERED OFFICE:

Westfield Farm

Westfield Road, Long Crendon

Aylesbury

Buckinghamshire

HP18 9EW

REGISTERED NUMBER:

07215583 (England and Wales)

ACCOUNTANTS:

Jamesons Limited

Jamesons House

Compton Way

Witney

OX28 3AB

FIXED ASSETS

Tangible assets

4

157,496

145,725

CURRENT ASSETS

Stocks

484,758

512,593

Debtors

5

184,119

293,530

Cash at bank and in hand

296,268

202,457

965,145

1,008,580

CREDITORS

Amounts falling due within one year

6

330,781

347,027

NET CURRENT ASSETS

634,364

661,553

TOTAL ASSETS LESS CURRENT LIABILITIES

791,860

807,278

PROVISIONS FOR LIABILITIES

18,091

22,644

NET ASSETS

773,769

784,634

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

772,769

783,634

SHAREHOLDERS' FUNDS

773,769

784,634

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Board of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by:

J F Pratt - Director

S J Bengtsson-Pratt - Director

1.	STATUTORY INFORMATION

Westfield Fasteners 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.

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.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all 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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

388,263

Additions

49,198

Disposals

(29,928

)

At 30 April 2025

407,533

DEPRECIATION

At 1 May 2024

242,538

Charge for year

36,061

Eliminated on disposal

(28,562

)

At 30 April 2025

250,037

NET BOOK VALUE

At 30 April 2025

157,496

At 30 April 2024

145,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

56,691

52,596

Other debtors

127,428

240,934

184,119

293,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

89,619

109,588

Taxation and social security

204,188

188,519

Other creditors

36,974

48,920

330,781

347,027

7.	CALLED UP SHARE CAPITAL

Allotted, issued: and fully paid

Number:

Class

Nominal:

2025

2024

value:

£

£

400

A Ordinary

£1

400

400

400

B Ordinary

£1

400

400

200

C Ordinary

£1

200

200

1,000

1,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors' subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Balance outstanding at start of year

209,341

80,046

Amounts advanced

-

129,295

Amounts repaid

(132,434

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of the year

76,907

209,341