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REGISTERED NUMBER: 03354780 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 September 2024

for

Frinton Tarmacadam and Paving Limited

Frinton Tarmacadam and Paving Limited (Registered number: 03354780)

Contents of the Financial Statements

for the Year Ended 30 September 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Frinton Tarmacadam and Paving Limited

Company Information

for the Year Ended 30 September 2024

| DIRECTORS: | Mr K R Bygrave

| Mrs K G Bygrave

| SECRETARY: | Mrs K G Bygrave

| REGISTERED OFFICE: | Rusty Tiles

| Coggeshall Road

| Dedham

| Colchester

| Essex

| CO7 6ET

| REGISTERED NUMBER: | 03354780 (England and Wales)

Frinton Tarmacadam and Paving Limited (Registered number: 03354780)

Balance Sheet

30 September 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 390,064 |  | 405,610 |  |

CURRENT ASSETS

Stocks | 58,669 |  | 119,204 |  |

Debtors | 5 | 116,586 |  | 291,799 |  |

Cash at bank | 808,567 |  | 701,543 |  |

983,822 |  | 1,112,546 |  |

CREDITORS

Amounts falling due within one year | 6 | 513,099 |  | 541,184 |  |

NET CURRENT ASSETS | 470,723 |  | 571,362 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 860,787 |  | 976,972 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 165,531 |  | 193,393 |  |

NET ASSETS | 695,256 |  | 783,579 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 695,156 |  | 783,479 |  |

695,256 |  | 783,579 |  |

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.

Frinton Tarmacadam and Paving Limited (Registered number: 03354780)

Balance Sheet - continued

30 September 2024

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 12 June 2025 and were signed on its behalf by:

Mrs K G Bygrave - Director

Frinton Tarmacadam and Paving Limited (Registered number: 03354780)

Notes to the Financial Statements

for the Year Ended 30 September 2024

1. | STATUTORY INFORMATION

| Frinton Tarmacadam and Paving 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.

| For the purposes of presentation, the financial statements are rounded to the nearest Pound Sterling (£).

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.

| 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.

| Land and buildings | - | 4% on cost

| Plant and machinery etc | - | 25% on reducing balance and 15% on reducing balance

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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 assets are recognised at the expected corporation tax rate in which they will be relieved.

| 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.

Frinton Tarmacadam and Paving Limited (Registered number: 03354780)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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

| Basic financial instruments are recognised at amortised cost.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2023 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 October 2023 | 412,007 |  | 201,149 |  | 613,156 |  |

| Additions | - |  | 17,500 |  | 17,500 |  |

| Disposals | - |  | (22,500 | ) | (22,500 | ) |

| At 30 September 2024 | 412,007 |  | 196,149 |  | 608,156 |  |

| DEPRECIATION

| At 1 October 2023 | 55,007 |  | 152,539 |  | 207,546 |  |

| Charge for year | 7,140 |  | 9,047 |  | 16,187 |  |

| Eliminated on disposal | - |  | (5,641 | ) | (5,641 | ) |

| At 30 September 2024 | 62,147 |  | 155,945 |  | 218,092 |  |

| NET BOOK VALUE

| At 30 September 2024 | 349,860 |  | 40,204 |  | 390,064 |  |

| At 30 September 2023 | 357,000 |  | 48,610 |  | 405,610 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 25,578 |  | 178,025 |  |

| Other debtors | 91,008 |  | 113,774 |  |

116,586 |  | 291,799 |  |

Frinton Tarmacadam and Paving Limited (Registered number: 03354780)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 31,526 |  | 30,303 |  |

| Trade creditors | 61,527 |  | 70,080 |  |

| Amounts owed to associates | 372,140 |  | 392,311 |  |

| Taxation and social security | 34,824 |  | 25,227 |  |

| Other creditors | 13,082 |  | 23,263 |  |

513,099 |  | 541,184 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 165,531 |  | 193,393 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 68,625 |  | 88,559 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank loans | 197,057 |  | 223,696 |  |

| Natwest Bank plc hold a fixed charge over the property at 21-23 Walton Road, Frinton-on-Sea, Essex.

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 | 2023 |

£ | £ |

| Mr K R Bygrave and Mrs K G Bygrave

| Balance outstanding at start of year | 59,025 |  | 62,430 |  |

| Amounts advanced | 210,812 |  | 56,595 |  |

| Amounts repaid | (210,000 | ) | (60,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 59,837 |  | 59,025 |  |

| The interest on the loan account Interest was charged at HMRC official rates of interest.

| The loan was cleared by way of a dividend dated 12th June 2025.