West Bromwich Pressings Ltd - Filleted accounts

Registered number

03000624

West Bromwich Pressings Ltd

Filleted Accounts

31 December 2025

West Bromwich Pressings Ltd
Registered number:		03000624
Balance Sheet
as at 31 December 2025


Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		11,195			11,933

Current assets
Stocks		1,509			1,630
Debtors	4	148,215			153,277
Cash at bank and in hand		65,208			76,929
		214,932			231,836

Creditors: amounts falling due within one year	5	(98,683)			(131,801)

Net current assets			116,249			100,035

Total assets less current liabilities			127,444			111,968

Creditors: amounts falling due after more than one year	6		-			(3,521)

Provisions for liabilities			(2,127)			(2,267)


Net assets			125,317			106,180

Capital and reserves
Called up share capital			4			4
Profit and loss account			125,313			106,176

Shareholders' funds			125,317			106,180

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



D.C.R. Willetts
Director
Approved by the board on 28 April 2026

West Bromwich Pressings Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			14		13


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2025	64,877		19,695		84,572
	Additions	3,000		-		3,000
	Disposals	-		(1,995)		(1,995)
	At 31 December 2025	67,877		17,700		85,577

	Depreciation
	At 1 January 2025	56,522		16,117		72,639
	Charge for the year	2,838		900		3,738
	On disposals	-		(1,995)		(1,995)
	At 31 December 2025	59,360		15,022		74,382

	Net book value
	At 31 December 2025	8,517		2,678		11,195
	At 31 December 2024	8,355		3,578		11,933


4	Debtors			2025		2024
£					£

	Trade debtors			144,955		153,277
	Other debtors			3,260		-
				148,215		153,277


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			3,898		4,914
	Trade creditors			23,030		40,014
	Taxation and social security costs			42,708		46,847
	Other creditors			29,047		40,026
				98,683		131,801


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		3,521

	Bank loans includes an unsecured Bounce Back Loan of £25,000 advanced in November 2020, payable over 6 years, with a 1 year payment holiday and interest payable in years 2-6 at 2.5%.


7	Related party transactions

	In the year the company paid rent of £10,000 each to D.C.R. Willetts and S.K. Willetts, directors of the company, on the use of premises jointly owned by them (2024: £10,000 each director).

8	Other information

	West Bromwich Pressings Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	Pleasant Street
	The Lyng
	West Bromwich
	West Midlands
	B70 7DT