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Company Registration No. SC748199 (Scotland)
WESTERN ECO FUELS LTD Unaudited accounts for the year ended 31 October 2025
WESTERN ECO FUELS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WESTERN ECO FUELS LTD Company Information for the year ended 31 October 2025
Director
K MacDonald
Company Number
SC748199 (Scotland)
Registered Office
The Rowans 2 Wood Park Dunvegan Road Portree Isle of Skye IV51 9HQ Scotland
Accountants
Scott Accountancy Services 119 Lanchester Avenue Gateshead Tyne & Wear NE9 7AN
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WESTERN ECO FUELS LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
7,500
7,500
Tangible assets
5
30,101
30,779
37,601
38,279
Current assets
Inventories
6,000
6,000
Debtors
6
9,965
11,834
Cash at bank and in hand
52,193
22,473
68,158
40,307
Creditors: amounts falling due within one year
7
(11,823)
(9,996)
Net current assets
56,335
30,311
Total assets less current liabilities
93,936
68,590
Creditors: amounts falling due after more than one year
8
(24,505)
(28,304)
Net assets
69,431
40,286
Capital and reserves
Called up share capital
1
1
Profit and loss account
69,430
40,285
Shareholders' funds
69,431
40,286
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 26 June 2026 and were signed on its behalf by
K MacDonald Director Company Registration No. SC748199
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WESTERN ECO FUELS LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
WESTERN ECO FUELS LTD is a private company, limited by shares, registered in Scotland, registration number SC748199. The registered office is The Rowans, 2 Wood Park, Dunvegan Road, Portree, Isle of Skye, IV51 9HQ, Scotland.
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 as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The director acknowledges the volatile pricing of fuel during this financial reporting period, a commercial decision to absorb some of these costs and concentrate on customer retention and expansion of the customer base was made to place the company in a advantageous position when price fluctuations steadied and gross margins returned to normal. In addition investment was made to streamline ordering and delivery to minimise costs as the company moved to a new address. The trading account shows that this has paid dividends in growing the customer base and turnover and future periods will determine if the new customers attracted during the period are retained when margins steady.
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WESTERN ECO FUELS LTD Notes to the Accounts for the year ended 31 October 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2024
7,500
At 31 October 2025
7,500
Amortisation
At 1 November 2024
-
At 31 October 2025
-
Net book value
At 31 October 2025
7,500
At 31 October 2024
7,500
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
15,000
29,810
2,500
1,299
48,609
Additions
4,998
-
-
2,598
7,596
At 31 October 2025
19,998
29,810
2,500
3,897
56,205
Depreciation
At 1 November 2024
3,206
13,065
693
866
17,830
Charge for the year
2,518
4,186
271
1,299
8,274
At 31 October 2025
5,724
17,251
964
2,165
26,104
Net book value
At 31 October 2025
14,274
12,559
1,536
1,732
30,101
At 31 October 2024
11,794
16,745
1,807
433
30,779
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
6,228
9,209
Trade debtors
3,295
2,183
Accrued income and prepayments
442
442
9,965
11,834
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,800
4,800
Taxes and social security
7,023
5,196
11,823
9,996
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WESTERN ECO FUELS LTD Notes to the Accounts for the year ended 31 October 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
3,409
8,291
Loans from directors
21,096
20,013
24,505
28,304
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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