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Registration number: 09164397

West Cornwall Removals Ltd
Unaudited Filleted Financial Statements
for the Period from 1 September 2024 to 31 July 2025

West Cornwall Removals Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

West Cornwall Removals Ltd

Company Information

Directors | Mr Bradley Vivian Wills Mr Tyler Owen Tonkin

Registered office | Al Ware Tun Alverton Road Penzance Cornwall TR18 4TB

West Cornwall Removals Ltd

(Registration number: 09164397)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,396,807 | 1,165,690
Current assets |  |  |
Debtors | 5 | 25,425 | 122,266
Cash at bank and in hand |  | 22,916 | 181,358
|  | 48,341 | 303,624
Creditors: Amounts falling due within one year | 6 | (495,471) | (472,614)
Net current liabilities |  | (447,130) | (168,990)
Total assets less current liabilities |  | 949,677 | 996,700
Creditors: Amounts falling due after more than one year | 6 | (281,635) | (270,618)
Provisions for liabilities |  | (97,020) | (117,687)
Net assets |  | 571,022 | 608,395
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | 570,022 | 607,395
Shareholders' funds |  | 571,022 | 608,395

For the financial period ending 31 July 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 accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

West Cornwall Removals Ltd

(Registration number: 09164397)
Balance Sheet as at 31 July 2025

Approved and authorised by the Board on 17 March 2026 and signed on its behalf by:

Mr Bradley Vivian Wills

Director

Mr Tyler Owen Tonkin

Director

West Cornwall Removals Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Al Ware Tun
Alverton Road
Penzance
Cornwall
TR18 4TB
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

West Cornwall Removals Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 July 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Computer Equipmenrt | 20% reducing balance
Plant & machinery | 20% reducing balance
Motor Vehicles | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

West Cornwall Removals Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 July 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 9 (2024 - 7).

West Cornwall Removals Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 July 2025

4 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2024 | 704,714 | 206,276 | 4,003 | 839,984 | 1,754,977
Additions | 320,889 | 3,027 | - | - | 323,916
At 31 July 2025 | 1,025,603 | 209,303 | 4,003 | 839,984 | 2,078,893
Depreciation
At 1 September 2024 | - | 124,541 | 2,733 | 462,013 | 589,287
Charge for the period | - | 16,952 | 254 | 75,593 | 92,799
At 31 July 2025 | - | 141,493 | 2,987 | 537,606 | 682,086
Carrying amount
At 31 July 2025 | 1,025,603 | 67,810 | 1,016 | 302,378 | 1,396,807
At 31 August 2024 | 704,714 | 81,735 | 1,270 | 377,971 | 1,165,690

Included within the net book value of land and buildings above is £1,025,603 (2024 - £704,714) in respect of freehold land and buildings.

West Cornwall Removals Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 July 2025

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 22,622 | 121,965
Prepayments | 300 | 300
Other debtors | 2,503 | 1
| 25,425 | 122,266

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 80,438 | 61,903
Trade creditors |  | 11,455 | 6,913
Taxation and social security |  | 123,868 | 145,989
Accruals and deferred income |  | 5,765 | 5,195
Other creditors |  | 273,945 | 252,614
|  | 495,471 | 472,614

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 281,635 | 270,618

West Cornwall Removals Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2024 to 31 July 2025

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 18,126 | 7,500
Hire purchase contracts | 202,547 | 263,118
Other borrowings | 60,962 | -
| 281,635 | 270,618

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 24,033 | 10,000
Hire purchase contracts | 56,405 | 51,903
| 80,438 | 61,903

8 | Related party transactions

Transactions with directors

2025 | At 1 September 2024 £ | Advances to director £ | Repayments by director £ | At 31 July 2025 £
| - | 21,827 | (20,854) | 973

Directors' remuneration

The directors' remuneration for the period was as follows:

| 2025 £ | 2024 £
Remuneration | 21,982 | 27,288