1 October 2024 false No description of principal activity Taxfiler 2024.6 8200125business:PrivateLimitedCompanyLtd2024-10-012025-09-30 82001252024-09-30 82001252024-10-012025-09-30 8200125business:AuditExemptWithAccountantsReport2024-10-012025-09-30 8200125business:FilletedAccounts2024-10-012025-09-30 82001252025-09-30 8200125business:Director12024-10-012025-09-30 8200125business:Director22024-10-012025-09-30 8200125business:Director32024-10-012025-09-30 8200125business:Director42024-10-012025-09-30 8200125business:CompanySecretary12024-10-012025-09-30 8200125business:RegisteredOffice2024-10-012025-09-30 82001252024-09-30 8200125core:WithinOneYear2025-09-30 8200125core:WithinOneYear2024-09-30 8200125core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 8200125core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 8200125core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 8200125core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 8200125core:PreviouslyStatedAmount2025-09-30 8200125core:PreviouslyStatedAmount2024-09-30 8200125business:SmallEntities2024-10-012025-09-30 8200125countries:EnglandWales2024-10-012025-09-30 8200125core:LandBuildings2024-10-012025-09-30 8200125core:PlantMachinery2024-10-012025-09-30 8200125core:MotorVehicles2024-10-012025-09-30 8200125core:Goodwill2024-09-30 8200125core:IntangibleAssetsOtherThanGoodwill2024-09-30 8200125core:Goodwill2025-09-30 8200125core:IntangibleAssetsOtherThanGoodwill2025-09-30 8200125core:Goodwill2024-10-012025-09-30 8200125core:IntangibleAssetsOtherThanGoodwill2024-10-012025-09-30 8200125core:LandBuildings2024-09-30 8200125core:PlantMachinery2024-09-30 8200125core:MotorVehicles2024-09-30 8200125core:LandBuildings2025-09-30 8200125core:PlantMachinery2025-09-30 8200125core:MotorVehicles2025-09-30 8200125core:AcceleratedTaxDepreciationDeferredTax2025-09-30 8200125core:AcceleratedTaxDepreciationDeferredTax2024-09-30 8200125core:OtherDeferredTax2025-09-30 8200125core:OtherDeferredTax2024-09-30 82001252023-09-30 82001252023-10-012024-09-30 8200125business:OrdinaryShareClass12024-10-012025-09-30 8200125business:OrdinaryShareClass12023-10-012024-09-30 8200125business:Director112024-09-30 8200125business:Director112024-10-012025-09-30 8200125business:Director112025-09-30 8200125business:Director222024-09-30 8200125business:Director222024-10-012025-09-30 8200125business:Director222025-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 8200125 (England and Wales)
South West Fuels Limited Unaudited accounts for the year ended 30 September 2025
South West Fuels Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
South West Fuels Limited Company Information for the year ended 30 September 2025
Directors
Mrs Patricia Murphy Mr Andrew Adams Andrew Christopher Adams Patricia Murphy
Secretary
Mrs Patricia Murphy
Company Number
8200125 (England and Wales)
Registered Office
Moor Cottage Trerulefoot Nr Saltash Cornwall PL12 5BJ
Accountants
AG Accountancy Ltd Coombe Mill Farm Pillaton Saltash Cornwall PL12 5AN
- 3 -
South West Fuels Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
4,878 
5,746 
Tangible assets
5
63,584 
58,003 
68,462 
63,749 
Current assets
Inventories
4,282 
8,798 
Debtors
6
68,511 
107,802 
Cash at bank and in hand
25,156 
65,723 
97,949 
182,323 
Creditors: amounts falling due within one year
7
(73,700)
(132,604)
Net current assets
24,249 
49,719 
Total assets less current liabilities
92,711 
113,468 
Provisions for liabilities
Deferred tax
8
(10,758)
(3,407)
Net assets
81,953 
110,061 
Capital and reserves
Called up share capital
9
5,000 
5,000 
Profit and loss account
76,953 
105,061 
Shareholders' funds
81,953 
110,061 
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by
Mrs Patricia Murphy Director Company Registration No. 8200125
- 4 -
South West Fuels Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
South West Fuels Limited is a private company, limited by shares, registered in England and Wales, registration number 8200125. The registered office is Moor Cottage, Trerulefoot, Nr Saltash, Cornwall, PL12 5BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Reducing Balance
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding, value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories
Inventories have been valued at the lower of cost and net realisable value.
Deferred taxation
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 accounts. 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 average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Intangible fixed assets
Intangible fixed assets (purchased goodwill and website) are included at cost less accumulated amortisation.
- 5 -
South West Fuels Limited Notes to the Accounts for the year ended 30 September 2025
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 October 2024
4,500 
4,194 
8,694 
At 30 September 2025
4,500 
4,194 
8,694 
Amortisation
At 1 October 2024
750 
2,198 
2,948 
Charge for the year
450 
418 
868 
At 30 September 2025
1,200 
2,616 
3,816 
Net book value
At 30 September 2025
3,300 
1,578 
4,878 
At 30 September 2024
3,750 
1,996 
5,746 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2024
3,890 
7,687 
98,989 
110,566 
Additions
4,922 
345 
19,417 
24,684 
At 30 September 2025
8,812 
8,032 
118,406 
135,250 
Depreciation
At 1 October 2024
677 
4,640 
47,246 
52,563 
Charge for the year
812 
502 
17,789 
19,103 
At 30 September 2025
1,489 
5,142 
65,035 
71,666 
Net book value
At 30 September 2025
7,323 
2,890 
53,371 
63,584 
At 30 September 2024
3,213 
3,047 
51,743 
58,003 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,238 
25,920 
Accrued income and prepayments
7,073 
5,828 
Other debtors
42,200 
76,054 
68,511 
107,802 
- 6 -
South West Fuels Limited Notes to the Accounts for the year ended 30 September 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
1,351 
Trade creditors
61,475 
97,682 
Taxes and social security
3,301 
20,928 
Other creditors
822 
811 
Accruals
8,102 
11,832 
73,700 
132,604 
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
10,816 
12,471 
Other deferred taxation
(58)
(9,064)
10,758 
3,407 
2025 
2024 
£ 
£ 
Provision at start of year
3,407 
6,691 
Charged/(credited) to the profit and loss account
7,351 
(3,284)
Provision at end of year
10,758 
3,407 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
500 Ordinary shares of £10 each
5,000 
5,000 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mrs Patricia Murphy
32,424 
22,068 
38,104 
16,388 
Mr Andrew Adams
32,424 
22,068 
38,104 
16,388 
64,848 
44,136 
76,208 
32,776 
Interest Free loans, which were repayable on demand, were granted to the directors and repaid in full in May 2026
11
Average number of employees
During the year the average number of employees was 8 (2024: 8).
- 7 -