REGISTERED NUMBER: 01558352 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

WESTWELL DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W H Hotchkiss

B Gordon-Smith

SECRETARY:

T W Sisley

REGISTERED OFFICE:

Main Road

West Kingsdown

Sevenoaks

Kent

TN15 6ER

REGISTERED NUMBER:

01558352 (England and Wales)

ACCOUNTANTS:

WBD Accountants Limited

Marlbridge House

Enterprise Way

Edenbridge

Kent

TN8 6HF

FIXED ASSETS

Tangible assets

4

1,536,522

1,410,647

CURRENT ASSETS

Stocks

330,778

33,943

Debtors

5

1,691,587

1,199,900

Cash at bank and in hand

32,685

2,668

2,055,050

1,236,511

CREDITORS

Amounts falling due within one year

6

931,937

355,116

NET CURRENT ASSETS

1,123,113

881,395

TOTAL ASSETS LESS CURRENT LIABILITIES

2,659,635

2,292,042

CREDITORS

Amounts falling due after more than one year

7

(147,431

)

(119,822

)

PROVISIONS FOR LIABILITIES

(164,514

)

(75,749

)

NET ASSETS

2,347,690

2,096,471

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

780,376

780,376

Retained earnings

1,567,214

1,315,995

SHAREHOLDERS' FUNDS

2,347,690

2,096,471

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

W H Hotchkiss - Director

1.	STATUTORY INFORMATION

Westwell Developments 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

2% on cost

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value and are depreciated in accordance with the above depreciation policies.

Future instalments payable under such agreements, net of finance charges, are included within creditors. Rentals payable are apportioned between the capital element, which is charged to the profit & loss account on a straight line basis.

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.

Financial instruments

Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of he contractual arrangement.

Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal capital amounts outstanding at the period end. Issue costs relating to the financial abilities are deducted from the outstanding balance and are amortised over the period to the due date for repayment of the financial liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 July 2024

928,204

1,177,174

2,105,378

Additions

-

273,103

273,103

Disposals

-

(155,077

)

(155,077

)

At 30 June 2025

928,204

1,295,200

2,223,404

DEPRECIATION

At 1 July 2024

30,054

664,677

694,731

Charge for year

13,748

102,857

116,605

Eliminated on disposal

-

(124,454

)

(124,454

)

At 30 June 2025

43,802

643,080

686,882

NET BOOK VALUE

At 30 June 2025

884,402

652,120

1,536,522

At 30 June 2024

898,150

512,497

1,410,647

Cost or valuation at 30 June 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2016

130,866

-

130,866

Valuation in 2020

144,000

-

144,000

Valuation in 2022

200,000

-

200,000

Cost

453,338

1,295,200

1,748,538

928,204

1,295,200

2,223,404

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

453,338

453,338

Aggregate depreciation

273,153

273,153

Freehold land and buildings were valued on an open market basis on 9 November 2021 by Caxtons Chartered Surveyors .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST OR VALUATION

At 1 July 2024

288,748

Additions

185,100

Disposals

(80,897

)

At 30 June 2025

392,951

DEPRECIATION

At 1 July 2024

98,137

Charge for year

72,041

Eliminated on disposal

(62,461

)

At 30 June 2025

107,717

NET BOOK VALUE

At 30 June 2025

285,234

At 30 June 2024

190,611

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,266,583

459,151

Amounts owed by group undertakings

318,840

698,505

Other debtors

99,544

42,244

1,684,967

1,199,900

Amounts falling due after more than one year:

Other debtors

6,620

-

Aggregate amounts

1,691,587

1,199,900

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts (see note 8)

115,835

84,737

Trade creditors

367,808

124,716

Taxation and social security

350,731

104,820

Other creditors

87,563

30,843

931,937

355,116

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,836

15,834

Hire purchase contracts (see note 8)

141,595

103,988

147,431

119,822

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

115,835

84,737

Between one and five years

141,595

103,988

257,430

188,725

9.	SECURED DEBTS

There is a cross guarantee and debenture between Westwell Developments Limited and John D Hotchkiss Limited, parent company, held by the bank.The bank also hold a charge over the company's freehold property.