Westwood Recovery & Transport Ltd SC633150 false 2025-07-01 2026-06-30 2026-06-30 The principal activity of the company is Transport Recovery. Digita Accounts Production Advanced 6.30.9574.0 true SC633150 2025-07-01 2026-06-30 SC633150 2026-06-30 SC633150 bus:OrdinaryShareClass1 2026-06-30 SC633150 core:CurrentFinancialInstruments 2026-06-30 SC633150 core:CurrentFinancialInstruments core:WithinOneYear 2026-06-30 SC633150 core:Non-currentFinancialInstruments core:AfterOneYear 2026-06-30 SC633150 core:MotorVehicles 2026-06-30 SC633150 core:OfficeEquipment 2026-06-30 SC633150 core:PlantMachinery 2026-06-30 SC633150 bus:SmallEntities 2025-07-01 2026-06-30 SC633150 bus:AuditExemptWithAccountantsReport 2025-07-01 2026-06-30 SC633150 bus:AbridgedAccounts 2025-07-01 2026-06-30 SC633150 bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 SC633150 bus:RegisteredOffice 2025-07-01 2026-06-30 SC633150 bus:CompanySecretaryDirector1 2025-07-01 2026-06-30 SC633150 bus:OrdinaryShareClass1 2025-07-01 2026-06-30 SC633150 bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 SC633150 bus:Agent1 2025-07-01 2026-06-30 SC633150 core:MotorVehicles 2025-07-01 2026-06-30 SC633150 core:OfficeEquipment 2025-07-01 2026-06-30 SC633150 core:PlantMachinery 2025-07-01 2026-06-30 SC633150 countries:Scotland 2025-07-01 2026-06-30 SC633150 2025-06-30 SC633150 core:MotorVehicles 2025-06-30 SC633150 core:OfficeEquipment 2025-06-30 SC633150 core:PlantMachinery 2025-06-30 SC633150 2024-07-01 2025-06-30 SC633150 2025-06-30 SC633150 bus:OrdinaryShareClass1 2025-06-30 SC633150 core:CurrentFinancialInstruments 2025-06-30 SC633150 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 SC633150 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 SC633150 core:MotorVehicles 2025-06-30 SC633150 core:OfficeEquipment 2025-06-30 SC633150 core:PlantMachinery 2025-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC633150

Westwood Recovery & Transport Ltd
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 30 June 2026

Westwood Recovery & Transport Ltd

Contents

Company Information | 1
Director's Report | 2
Accountants' Report | 3
Profit and Loss Account and Statement of Retained Earnings | 4
Abridged Balance Sheet | 5 to 6
Notes to the Unaudited Abridged Financial Statements | 7 to 12

Westwood Recovery & Transport Ltd

Company Information

Director | Mr Stephen Westwood

Company secretary | Mr Stephen Westwood

Registered office | Unit 9 Kelliebank Alloa Clackmannanshire Scotland FK10 1NT

Accountants | Tayler Morgan Ltd 3 Larch Street Grangemouth Falkirk FK3 8PG

Westwood Recovery & Transport Ltd

Director's Report for the Year Ended 30 June 2026

The director presents his report and the abridged financial statements for the year ended 30 June 2026.

Director of the company

The director who held office during the year was as follows:

Mr Stephen Westwood - Company secretary and director

Principal activity

The principal activity of the company is Transport Recovery.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 19 August 2026

......................................... Mr Stephen Westwood Company secretary and director

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Westwood Recovery & Transport Ltd
for the Year Ended 30 June 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Westwood Recovery & Transport Ltd for the year ended 30 June 2026 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Westwood Recovery & Transport Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Westwood Recovery & Transport Ltd and state those matters that we have agreed to state to the Board of Directors of Westwood Recovery & Transport Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Westwood Recovery & Transport Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Westwood Recovery & Transport Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Westwood Recovery & Transport Ltd. You consider that Westwood Recovery & Transport Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Westwood Recovery & Transport Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Tayler Morgan Ltd
3 Larch Street
Grangemouth
Falkirk
FK3 8PG

Westwood Recovery & Transport Ltd

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 June 2026

| Note | 2026 £ | 2025 £
Turnover |  | 1,442,034 | 1,878,862
Cost of sales |  | (1,077,853) | (1,648,355)
Gross profit |  | 364,181 | 230,507
Administrative expenses |  | (330,219) | (345,474)
Operating profit/(loss) |  | 33,962 | (114,967)
Other interest receivable and similar income |  | - | 59
Interest payable and similar charges |  | (40,773) | (23,340)
|  | (40,773) | (23,281)
Loss before tax | 4 | (6,811) | (138,248)
Loss for the financial year |  | (6,811) | (138,248)
Retained earnings brought forward |  | 288,266 | 446,514
Dividends paid |  | (27,700) | (20,000)
Retained earnings carried forward |  | 253,755 | 288,266

Westwood Recovery & Transport Ltd

(Registration number: SC633150)
Abridged Balance Sheet as at 30 June 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 5 | 526,405 | 500,232
Current assets |  |  |
Stocks | 6 | 34,607 | 80,000
Debtors |  | 233,275 | 221,869
Cash at bank and in hand |  | 35,928 | 721
|  | 303,810 | 302,590
Prepayments and accrued income |  | 32,091 | 31,543
Creditors: Amounts falling due within one year |  | (348,391) | (374,865)
Net current liabilities |  | (12,490) | (40,732)
Total assets less current liabilities |  | 513,915 | 459,500
Creditors: Amounts falling due after more than one year |  | (257,214) | (168,413)
Accruals and deferred income |  | (2,945) | (2,820)
Net assets |  | 253,756 | 288,267
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | 253,755 | 288,266
Shareholders' funds |  | 253,756 | 288,267

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 19 August 2026

Westwood Recovery & Transport Ltd

(Registration number: SC633150)
Abridged Balance Sheet as at 30 June 2026 (continued)

......................................... Mr Stephen Westwood Company secretary and director

Westwood Recovery & Transport Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 9
Kelliebank
Alloa
Clackmannanshire
FK10 1NT
Scotland

These financial statements were authorised for issue by the director on 19 August 2026.

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 abridged 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 abridged 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.

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.

Westwood Recovery & Transport Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026 (continued)

2 | Accounting policies (continued)

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
Plant and machinery | 20% reducing balance
Office equipment | 25% reducing balance
Motor vehicles | 15% 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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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

Westwood Recovery & Transport Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026 (continued)

2 | Accounting policies (continued)

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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2025 - 15).

4 | Loss before tax

Arrived at after charging/(crediting)

Westwood Recovery & Transport Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026 (continued)

4 | Profit before tax (continued)

| 2026 £ | 2025 £
Depreciation expense | 130,004 | 122,575

Westwood Recovery & Transport Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026 (continued)

5 | Tangible assets

| Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 July 2025 | 775,184 | 6,759 | 51,536 | 833,479
Additions | 221,412 | - | - | 221,412
Disposals | (102,234) | - | (16,700) | (118,934)
At 30 June 2026 | 894,362 | 6,759 | 34,836 | 935,957
Depreciation
At 1 July 2025 | 314,212 | 4,187 | 14,848 | 333,247
Charge for the year | 125,140 | 643 | 4,221 | 130,004
Eliminated on disposal | (45,550) | - | (8,149) | (53,699)
At 30 June 2026 | 393,802 | 4,830 | 10,920 | 409,552
Carrying amount
At 30 June 2026 | 500,560 | 1,929 | 23,916 | 526,405
At 30 June 2025 | 460,972 | 2,572 | 36,688 | 500,232

6 | Stocks

| 2026 £ | 2025 £
Work in progress | 11,607 | 80,000
Other inventories | 23,000 | -
| 34,607 | 80,000

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

8 | Related party transactions

Westwood Recovery & Transport Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2026 (continued)

8 | Related party transactions (continued)

Director's remuneration

The director's remuneration for the year was as follows:

| 2026 £ | 2025 £
Remuneration | 12,570 | 13,942