2021-04-012022-03-312022-03-31false01203010CLEGG & SHORTMAN ASPHALT CO. LIMITED2022-07-2643330iso4217:GBPxbrli:pure012030102021-04-01012030102022-03-31012030102021-04-012022-03-31012030102020-04-01012030102021-03-31012030102020-04-012021-03-3101203010bus:SmallEntities2021-04-012022-03-3101203010bus:AuditExempt-NoAccountantsReport2021-04-012022-03-3101203010bus:AbridgedAccounts2021-04-012022-03-3101203010bus:PrivateLimitedCompanyLtd2021-04-012022-03-3101203010core:WithinOneYear2022-03-3101203010core:AfterOneYear2022-03-3101203010core:WithinOneYear2021-03-3101203010core:AfterOneYear2021-03-3101203010core:ShareCapital2022-03-3101203010core:SharePremium2022-03-3101203010core:RevaluationReserve2022-03-3101203010core:OtherReservesSubtotal2022-03-3101203010core:RetainedEarningsAccumulatedLosses2022-03-3101203010core:ShareCapital2021-03-3101203010core:SharePremium2021-03-3101203010core:RevaluationReserve2021-03-3101203010core:OtherReservesSubtotal2021-03-3101203010core:RetainedEarningsAccumulatedLosses2021-03-3101203010core:LandBuildings2022-03-3101203010core:PlantMachinery2022-03-3101203010core:Vehicles2022-03-3101203010core:FurnitureFittings2022-03-3101203010core:OfficeEquipment2022-03-3101203010core:NetGoodwill2022-03-3101203010core:IntangibleAssetsOtherThanGoodwill2022-03-3101203010core:ListedExchangeTraded2022-03-3101203010core:UnlistedNon-exchangeTraded2022-03-3101203010core:LandBuildings2021-03-3101203010core:PlantMachinery2021-03-3101203010core:Vehicles2021-03-3101203010core:FurnitureFittings2021-03-3101203010core:OfficeEquipment2021-03-3101203010core:NetGoodwill2021-03-3101203010core:IntangibleAssetsOtherThanGoodwill2021-03-3101203010core:ListedExchangeTraded2021-03-3101203010core:UnlistedNon-exchangeTraded2021-03-3101203010core:LandBuildings2021-04-012022-03-3101203010core:PlantMachinery2021-04-012022-03-3101203010core:Vehicles2021-04-012022-03-3101203010core:FurnitureFittings2021-04-012022-03-3101203010core:OfficeEquipment2021-04-012022-03-3101203010core:NetGoodwill2021-04-012022-03-3101203010core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3101203010core:ListedExchangeTraded2021-04-012022-03-3101203010core:UnlistedNon-exchangeTraded2021-04-012022-03-3101203010core:MoreThanFiveYears2021-04-012022-03-3101203010core:Non-currentFinancialInstruments2022-03-3101203010core:Non-currentFinancialInstruments2021-03-3101203010dpl:CostSales2021-04-012022-03-3101203010dpl:DistributionCosts2021-04-012022-03-3101203010dpl:AdministrativeExpenses2021-04-012022-03-3101203010core:LandBuildings2021-04-012022-03-3101203010core:PlantMachinery2021-04-012022-03-3101203010core:Vehicles2021-04-012022-03-3101203010core:FurnitureFittings2021-04-012022-03-3101203010core:OfficeEquipment2021-04-012022-03-3101203010core:NetGoodwill2021-04-012022-03-3101203010core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3101203010dpl:GroupUndertakings2021-04-012022-03-3101203010dpl:ParticipatingInterests2021-04-012022-03-3101203010dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3101203010core:ListedExchangeTraded2021-04-012022-03-3101203010dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3101203010core:UnlistedNon-exchangeTraded2021-04-012022-03-3101203010dpl:CostSales2020-04-012021-03-3101203010dpl:DistributionCosts2020-04-012021-03-3101203010dpl:AdministrativeExpenses2020-04-012021-03-3101203010core:LandBuildings2020-04-012021-03-3101203010core:PlantMachinery2020-04-012021-03-3101203010core:Vehicles2020-04-012021-03-3101203010core:FurnitureFittings2020-04-012021-03-3101203010core:OfficeEquipment2020-04-012021-03-3101203010core:NetGoodwill2020-04-012021-03-3101203010core:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-3101203010dpl:GroupUndertakings2020-04-012021-03-3101203010dpl:ParticipatingInterests2020-04-012021-03-3101203010dpl:GroupUndertakingscore:ListedExchangeTraded2020-04-012021-03-3101203010core:ListedExchangeTraded2020-04-012021-03-3101203010dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-04-012021-03-3101203010core:UnlistedNon-exchangeTraded2020-04-012021-03-3101203010core:NetGoodwill2022-03-3101203010core:IntangibleAssetsOtherThanGoodwill2022-03-3101203010core:LandBuildings2022-03-3101203010core:PlantMachinery2022-03-3101203010core:Vehicles2022-03-3101203010core:FurnitureFittings2022-03-3101203010core:OfficeEquipment2022-03-3101203010core:AfterOneYear2022-03-3101203010core:WithinOneYear2022-03-3101203010core:ListedExchangeTraded2022-03-3101203010core:UnlistedNon-exchangeTraded2022-03-3101203010core:ShareCapital2022-03-3101203010core:SharePremium2022-03-3101203010core:RevaluationReserve2022-03-3101203010core:OtherReservesSubtotal2022-03-3101203010core:RetainedEarningsAccumulatedLosses2022-03-3101203010core:NetGoodwill2021-03-3101203010core:IntangibleAssetsOtherThanGoodwill2021-03-3101203010core:LandBuildings2021-03-3101203010core:PlantMachinery2021-03-3101203010core:Vehicles2021-03-3101203010core:FurnitureFittings2021-03-3101203010core:OfficeEquipment2021-03-3101203010core:AfterOneYear2021-03-3101203010core:WithinOneYear2021-03-3101203010core:L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CLEGG & SHORTMAN ASPHALT CO. LIMITED

Registered Number
01203010
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2022

CLEGG & SHORTMAN ASPHALT CO. LIMITED
Company Information
for the year from 1 April 2021 to 31 March 2022

Directors

Frederick Alan Clegg
Matthew Alan Clegg

Registered Address

1 Breakwater Hill
Plymouth
Devon
PL4 0LZ

Registered Number

01203010 (England and Wales)
CLEGG & SHORTMAN ASPHALT CO. LIMITED
Balance Sheet as at
31 March 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets520,51229,031
20,51229,031
Current assets
Stocks15,11525,538
Debtors7207,751179,455
Cash at bank and on hand356,925307,772
579,791512,765
Creditors amounts falling due within one year8(199,753)(143,827)
Net current assets (liabilities)380,038368,938
Total assets less current liabilities400,550397,969
Creditors amounts falling due after one year(32,500)(42,500)
Provisions for liabilities(3,238)(4,732)
Net assets364,812350,737
Capital and reserves
Called up share capital1,0301,030
Profit and loss account363,782349,707
Shareholders' funds364,812350,737
The financial statements were approved and authorised for issue by the Board of Directors on 26 July 2022, and are signed on its behalf by:
Matthew Alan Clegg
Director
Registered Company No. 01203010
CLEGG & SHORTMAN ASPHALT CO. LIMITED
Notes to the Financial Statements
for the year ended 31 March 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Fixtures and fittings15
Vehicles25
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20222021
Average number of employees during the year1421
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 21186,706
Additions483
Disposals(2,000)
At 31 March 22186,325
Depreciation and impairment
At 01 April 21157,675
Charge for year8,137
On disposals(1,135)
At 31 March 22165,813
Net book value
At 31 March 2220,512
At 31 March 2129,031
6.Description of nature of transactions and balances with related parties
The Directors, Mr M A Clegg, Mr FA Clegg, and Mr D Clegg were owed a total of £2,082 (2021:- 3,800)
7.Debtors

2022

2021

££
Trade debtors / trade receivables187,252136,352
Other debtors20,49943,103
Total207,751179,455
8.Creditors within one year

2022

2021

££
Trade creditors / trade payables89,35023,091
Taxation and social security69,33878,103
Other creditors41,06542,633
Total199,753143,827