REGISTERED NUMBER: 04945851 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Westermans International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Westerman

Mrs C M Spillane

M Reaney

SECRETARY:

Mrs C M Spillane

REGISTERED OFFICE:

Unit 4

Midland Distribution Centre

Markfield Road

Groby

Leicestershire

LE6 0FS

REGISTERED NUMBER:

04945851 (England and Wales)

ACCOUNTANTS:

Brockhurst Davies Limited

11 The Office Village

North Road

Loughborough

Leicestershire

LE11 1QJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

246,668

256,438

246,668

256,438

CURRENT ASSETS

Stocks

304,500

302,000

Debtors

6

141,944

141,492

Cash at bank

1,345,600

1,503,809

1,792,044

1,947,301

CREDITORS

Amounts falling due within one year

7

442,160

592,297

NET CURRENT ASSETS

1,349,884

1,355,004

TOTAL ASSETS LESS CURRENT LIABILITIES

1,596,552

1,611,442

PROVISIONS FOR LIABILITIES

29,734

27,314

NET ASSETS

1,566,818

1,584,128

CAPITAL AND RESERVES

Called up share capital

34

34

Retained earnings

1,566,784

1,584,094

SHAREHOLDERS' FUNDS

1,566,818

1,584,128

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

Mrs C M Spillane - Director

1.	STATUTORY INFORMATION

Westermans International 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

The goodwill was amortised over 10 years from 2013. It has now been fully written off.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

10% on cost

Plant and machinery

-

33% on cost and 10% on cost

Motor vehicles

-

25% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Basic financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

300,000

AMORTISATION

At 1 December 2024

and 30 November 2025

300,000

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 December 2024

41,586

417,840

299,767

759,193

Additions

-

1,065

77,459

78,524

At 30 November 2025

41,586

418,905

377,226

837,717

DEPRECIATION

At 1 December 2024

41,584

331,835

129,336

502,755

Charge for year

-

25,971

62,323

88,294

At 30 November 2025

41,584

357,806

191,659

591,049

NET BOOK VALUE

At 30 November 2025

2

61,099

185,567

246,668

At 30 November 2024

2

86,005

170,431

256,438

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,348

30,527

Other debtors

76,786

87,750

Prepayments

38,810

23,215

141,944

141,492

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

137,510

177,706

Corporation tax

71,370

144,321

VAT

12,509

33,109

Other creditors

3,110

9,818

Directors' loan accounts

195,777

203,095

Accruals and deferred income

21,884

24,248

442,160

592,297

8.	FINANCIAL COMMITMENTS

At the balance sheet date the company had future financial obligations of £330,000 (2024 £385,000).