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REGISTERED NUMBER: 02749067 (England and Wales)













CARDIFF GALVANIZERS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






CARDIFF GALVANIZERS HOLDINGS LIMITED (REGISTERED NUMBER: 02749067)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CARDIFF GALVANIZERS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: G Evans
R Evans
A H John





REGISTERED OFFICE: Cambria House
East Moors Road
Cardiff
CF24 5EG





REGISTERED NUMBER: 02749067 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

CARDIFF GALVANIZERS HOLDINGS LIMITED (REGISTERED NUMBER: 02749067)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 1,362,720 1,420,766
Investments 5 20,100 20,100
1,382,820 1,440,866

CURRENT ASSETS
Debtors 6 718,362 848,079
Cash at bank 1,137,167 939,266
1,855,529 1,787,345
CREDITORS
Amounts falling due within one year 7 874,425 884,475
NET CURRENT ASSETS 981,104 902,870
TOTAL ASSETS LESS CURRENT LIABILITIES 2,363,924 2,343,736

CAPITAL AND RESERVES
Called up share capital 8 15,000 15,000
Retained earnings 2,348,924 2,328,736
SHAREHOLDERS' FUNDS 2,363,924 2,343,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 8 May 2025 and were signed on its behalf by:





R Evans - Director


CARDIFF GALVANIZERS HOLDINGS LIMITED (REGISTERED NUMBER: 02749067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Cardiff Galvanizers Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Cardiff Galvanizers Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Freehold property - 2% straight line on cost
Long leasehold property - 2% straight line on cost
Leasehold property improvement - Over 20 years
Plant and machinery - Straight line over 7 years
Motor vehicles - 25% straight line on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

CARDIFF GALVANIZERS HOLDINGS LIMITED (REGISTERED NUMBER: 02749067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Long Leasehold
Freehold leasehold property
property property improvement
£ £ £
COST
At 1 October 2023
and 30 September 2024 1,151,993 418,232 140,070
DEPRECIATION
At 1 October 2023 276,080 158,310 116,796
Charge for year 15,390 8,365 6,749
At 30 September 2024 291,470 166,675 123,545
NET BOOK VALUE
At 30 September 2024 860,523 251,557 16,525
At 30 September 2023 875,913 259,922 23,274

Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 1 October 2023
and 30 September 2024 339,579 58,382 2,108,256
DEPRECIATION
At 1 October 2023 77,925 58,379 687,490
Charge for year 27,542 - 58,046
At 30 September 2024 105,467 58,379 745,536
NET BOOK VALUE
At 30 September 2024 234,112 3 1,362,720
At 30 September 2023 261,654 3 1,420,766

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 October 2023
and 30 September 2024 20,100
NET BOOK VALUE
At 30 September 2024 20,100
At 30 September 2023 20,100

CARDIFF GALVANIZERS HOLDINGS LIMITED (REGISTERED NUMBER: 02749067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. FIXED ASSET INVESTMENTS - continued

The following are 100% subsidiaries of the company as at the year end:

Cardiff Galvanizers (1969) Limited - Company Number 0964827

The total of the subsidiary's capital and reserves as at 30 September 2024 was £335,620 (2023 - £532,515).

Galvablast Limited - Company Number 03072361

The total of the subsidiary's capital and reserves as at 30 September 2024 was £1,041,990 (2023 -
£965,383)

Cardiff Powder Coaters Limited - Company Number 08821303

The company is dormant and the total of it's capital and reserves as at 30 September 2024 was £100 (2023 - £100).

Consolidated group accounts have not been prepared as the company is subject to the small companies regime.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed by group undertakings 718,362 848,079

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Amounts owed to group undertakings 837,506 870,557
Taxation and social security 34,544 11,668
Other creditors 2,375 2,250
874,425 884,475

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
15,000 Ordinary 1 15,000 15,000

CARDIFF GALVANIZERS HOLDINGS LIMITED (REGISTERED NUMBER: 02749067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


9. RELATED PARTY DISCLOSURES

The company was under the control of the directors as disclosed on Page 1 throughout the current and
previous year.

The company undertook the following material transactions with group companies during the year:

Cardiff Galvanizers (1969) Limited charged the company:

- Management charges & Rent of Premises & Equipment - £90,000 (2023 - £90,000)

As at the year end the company was owed £718,362 (2023 - £848,079) from Cardiff Galvanizers Holdings Limited.

As at the year end the company owed £837,406 (2023 - £870,456) to Galvablast Limited.

As at the year end the company owed £100 (2023 - £100) to Cardiff Powder Coaters Limited.