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REGISTERED NUMBER: 00364710 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

R.WHITEHEAD(CONCRETE)LIMITED

R.WHITEHEAD(CONCRETE)LIMITED (REGISTERED NUMBER: 00364710)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R.WHITEHEAD(CONCRETE)LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







Directors: Mrs J R Foulds
Mr C D Foulds





Secretary: Mr C D Foulds





Registered office: 10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP





Registered number: 00364710 (England and Wales)

R.WHITEHEAD(CONCRETE)LIMITED (REGISTERED NUMBER: 00364710)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 4 608,372 637,949

Current assets
Stocks 4,755 6,973
Debtors 5 72,410 79,389
Cash at bank and in hand 64,125 101,084
141,290 187,446
Creditors
Amounts falling due within one year 6 (112,092 ) (134,943 )
Net current assets 29,198 52,503
Total assets less current liabilities 637,570 690,452

Creditors
Amounts falling due after more than one
year

7

(33,890

)

(40,984

)

Provisions for liabilities (90,101 ) (92,782 )
Net assets 513,579 556,686

Capital and reserves
Called up share capital 8 5,000 5,000
Retained earnings 508,579 551,686
Shareholders' funds 513,579 556,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 3 June 2025 and were signed on its behalf by:





Mr C D Foulds - Director


R.WHITEHEAD(CONCRETE)LIMITED (REGISTERED NUMBER: 00364710)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

R.Whitehead(Concrete)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.

The presentation currency of the financial statements is the 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 the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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

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 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
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.

R.WHITEHEAD(CONCRETE)LIMITED (REGISTERED NUMBER: 00364710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
Cost
At 1 January 2024 650,000 240,652 36,178 120,327 1,047,157
Disposals - - - (8,500 ) (8,500 )
At 31 December 2024 650,000 240,652 36,178 111,827 1,038,657
Depreciation
At 1 January 2024 78,000 218,328 35,927 76,953 409,208
Charge for year 13,000 5,683 50 10,844 29,577
Eliminated on disposal - - - (8,500 ) (8,500 )
At 31 December 2024 91,000 224,011 35,977 79,297 430,285
Net book value
At 31 December 2024 559,000 16,641 201 32,530 608,372
At 31 December 2023 572,000 22,324 251 43,374 637,949

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

Freehold
Property
£

At 31 December 2024
Aggregate cost118,592
Aggregate depreciation (56,725)
Carrying value61,867
At 31 December 2023
Aggregate cost118,592
Aggregate depreciation(54,353)
Carrying value64,239

Freehold property was independently valued on an open market basis of £650,000 on 13 July 2017 by FHP Property Consultants Limited.

Included in tangible fixed assets are assets bought on hire purchase with a net book value of £29,579 (2023: £39,439). Total depreciation charged in the year on hire purchase assets was £9,860 (2023: £13,146).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 60,726 70,262
Prepayments and accrued income 11,684 9,127
72,410 79,389

R.WHITEHEAD(CONCRETE)LIMITED (REGISTERED NUMBER: 00364710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts 7,094 7,094
Trade creditors 13,760 24,724
Tax 16,778 5,098
Social security and other taxes 2,656 2,968
VAT 14,068 13,600
Other creditors 30,396 16,980
Directors' current accounts 22,761 17,794
Accrued expenses 4,579 46,685
112,092 134,943

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Hire purchase contracts 33,890 40,984

Hire purchase contracts are secured against the assets to which they relate.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
5,000 Ordinary £1 5,000 5,000

9. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Whitehead Concrete Holdings Limited, which is incorporated in England and Wales.