2023-04-012024-03-312024-03-31false01203010CLEGG & SHORTMAN ASPHALT CO. LIMITED2024-10-0843330iso4217:GBPxbrli:pure012030102023-04-01012030102024-03-31012030102023-04-012024-03-31012030102022-04-01012030102023-03-31012030102022-04-012023-03-3101203010bus:SmallEntities2023-04-012024-03-3101203010bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3101203010bus:FullAccounts2023-04-012024-03-3101203010bus:PrivateLimitedCompanyLtd2023-04-012024-03-3101203010core:WithinOneYear2024-03-3101203010core:AfterOneYear2024-03-3101203010core:WithinOneYear2023-03-3101203010core:AfterOneYear2023-03-3101203010core:ShareCapital2024-03-3101203010core:SharePremium2024-03-3101203010core:RevaluationReserve2024-03-3101203010core:OtherReservesSubtotal2024-03-3101203010core:RetainedEarningsAccumulatedLosses2024-03-3101203010core:ShareCapital2023-03-3101203010core:SharePremium2023-03-3101203010core:RevaluationReserve2023-03-3101203010core:OtherReservesSubtotal2023-03-3101203010core:RetainedEarningsAccumulatedLosses2023-03-3101203010core:LandBuildings2024-03-3101203010core:PlantMachinery2024-03-3101203010core:Vehicles2024-03-3101203010core:FurnitureFittings2024-03-3101203010core:OfficeEquipment2024-03-3101203010core:NetGoodwill2024-03-3101203010core:IntangibleAssetsOtherThanGoodwill2024-03-3101203010core:ListedExchangeTraded2024-03-3101203010core:UnlistedNon-exchangeTraded2024-03-3101203010core:LandBuildings2023-03-3101203010core:PlantMachinery2023-03-3101203010core:Vehicles2023-03-3101203010core:FurnitureFittings2023-03-3101203010core:OfficeEquipment2023-03-3101203010core:NetGoodwill2023-03-3101203010core:IntangibleAssetsOtherThanGoodwill2023-03-3101203010core:ListedExchangeTraded2023-03-3101203010core:UnlistedNon-exchangeTraded2023-03-3101203010core:LandBuildings2023-04-012024-03-3101203010core:PlantMachinery2023-04-012024-03-3101203010core:Vehicles2023-04-012024-03-3101203010core:FurnitureFittings2023-04-012024-03-3101203010core:OfficeEquipment2023-04-012024-03-3101203010core:NetGoodwill2023-04-012024-03-3101203010core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3101203010core:ListedExchangeTraded2023-04-012024-03-3101203010core:UnlistedNon-exchangeTraded2023-04-012024-03-3101203010core:MoreThanFiveYears2023-04-012024-03-3101203010core:Non-currentFinancialInstruments2024-03-3101203010core:Non-currentFinancialInstruments2023-03-3101203010dpl:CostSales2023-04-012024-03-3101203010dpl:DistributionCosts2023-04-012024-03-3101203010core:LandBuildings2023-04-012024-03-3101203010core:PlantMachinery2023-04-012024-03-3101203010core:Vehicles2023-04-012024-03-3101203010core:FurnitureFittings2023-04-012024-03-3101203010core:OfficeEquipment2023-04-012024-03-3101203010dpl:AdministrativeExpenses2023-04-012024-03-3101203010core:NetGoodwill2023-04-012024-03-3101203010core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3101203010dpl:GroupUndertakings2023-04-012024-03-3101203010dpl:ParticipatingInterests2023-04-012024-03-3101203010dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3101203010core:ListedExchangeTraded2023-04-012024-03-3101203010dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3101203010core:UnlistedNon-exchangeTraded2023-04-012024-03-3101203010dpl:CostSales2022-04-012023-03-3101203010dpl:DistributionCosts2022-04-012023-03-3101203010core:LandBuildings2022-04-012023-03-3101203010core:PlantMachinery2022-04-012023-03-3101203010core:Vehicles2022-04-012023-03-3101203010core:FurnitureFittings2022-04-012023-03-3101203010core:OfficeEquipment2022-04-012023-03-3101203010dpl:AdministrativeExpenses2022-04-012023-03-3101203010core:NetGoodwill2022-04-012023-03-3101203010core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3101203010dpl:GroupUndertakings2022-04-012023-03-3101203010dpl:ParticipatingInterests2022-04-012023-03-3101203010dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3101203010core:ListedExchangeTraded2022-04-012023-03-3101203010dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3101203010core:UnlistedNon-exchangeTraded2022-04-012023-03-3101203010core:NetGoodwill2024-03-3101203010core:IntangibleAssetsOtherThanGoodwill2024-03-3101203010core:LandBuildings2024-03-3101203010core:PlantMachinery2024-03-3101203010core:Vehicles2024-03-3101203010core:FurnitureFittings2024-03-3101203010core:OfficeEquipment2024-03-3101203010core:AfterOneYear2024-03-3101203010core:WithinOneYear2024-03-3101203010core:ListedExchangeTraded2024-03-3101203010core:UnlistedNon-exchangeTraded2024-03-3101203010core:ShareCapital2024-03-3101203010core:SharePremium2024-03-3101203010core:RevaluationReserve2024-03-3101203010core:OtherReservesSubtotal2024-03-3101203010core:RetainedEarningsAccumulatedLosses2024-03-3101203010core:NetGoodwill2023-03-3101203010core:IntangibleAssetsOtherThanGoodwill2023-03-3101203010core:LandBuildings2023-03-3101203010core:PlantMachinery2023-03-3101203010core:Vehicles2023-03-3101203010core:FurnitureFittings2023-03-3101203010core:OfficeEquipment2023-03-3101203010core:AfterOneYear2023-03-3101203010core:WithinOneYear2023-03-3101203010core:Liste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CLEGG & SHORTMAN ASPHALT CO. LIMITED

Registered Number
01203010
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

CLEGG & SHORTMAN ASPHALT CO. LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Matthew Alan Clegg

Company Secretary

Danny 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 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets347,22338,916
47,22338,916
Current assets
Stocks418,90852,689
Debtors5208,385139,556
Cash at bank and on hand130,057200,933
357,350393,178
Creditors amounts falling due within one year6(114,021)(101,384)
Net current assets (liabilities)243,329291,794
Total assets less current liabilities290,552330,710
Creditors amounts falling due after one year7(29,397)(22,500)
Provisions for liabilities9(12,156)(6,818)
Net assets248,999301,392
Capital and reserves
Called up share capital1,0301,030
Profit and loss account247,969300,362
Shareholders' funds248,999301,392
The financial statements were approved and authorised for issue by the Director on 8 October 2024, 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 2024

1.Accounting policies
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.
Statement of compliance
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.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Deferred tax
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.
Tangible fixed assets and depreciation
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
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year1817
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 April 23216,853216,853
Additions25,76325,763
Disposals(17,338)(17,338)
At 31 March 24225,278225,278
Depreciation and impairment
At 01 April 23177,937177,937
Charge for year15,84015,840
On disposals(15,723)(15,723)
Other adjustments11
At 31 March 24178,055178,055
Net book value
At 31 March 2447,22347,223
At 31 March 2338,91638,916
4.Stocks

2024

2023

££
Raw materials and consumables6,1558,186
Work in progress12,75344,503
Total18,90852,689
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables139,991103,098
Other debtors51,89123,778
Prepayments and accrued income16,50312,680
Total208,385139,556
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables32,54948,401
Bank borrowings and overdrafts10,00010,000
Taxation and social security51,33228,806
Finance lease and HP contracts5,199-
Other creditors14,94114,177
Total114,021101,384
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts12,50022,500
Other creditors16,897-
Total29,39722,500
8.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts16,897-
9.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)12,1566,818
Total12,1566,818
10.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Matthew Alan Clegg81229,3988,91821,292
DLA
81229,3988,91821,292
11.Related party transactions
At the year end, the company owed Mr D Clegg, Shareholder, £400 (2023 - owed the company - £754.) At the year end, Mr F Clegg, Shareholder, owed the company £6,481 (2023 - £2,750.)