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REGISTERED NUMBER: 09137354 (England and Wales)











STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WOODMACE CONCRETE STRUCTURES LIMITED

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Strategic Report 2

Report of the Director 4

Report of the Independent Auditors 6

Statement of Income and Retained Earnings 9

Balance Sheet 10

Cash Flow Statement 11

Notes to the Cash Flow Statement 12

Notes to the Financial Statements 14


WOODMACE CONCRETE STRUCTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: J Oak



REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE



REGISTERED NUMBER: 09137354 (England and Wales)



SENIOR STATUTORY
AUDITOR:
Andrew Clark BSc FCA



AUDITORS: Carter & Coley Limited
Chartered Accountants and Statutory Auditor
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025


The director presents his strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS
The principal activity of the company is that of Civils and Structures operating predominantly in the South of England. The company specialises in groundworking and concrete frames for the construction industry.The company has continued to provide high quality, specialist construction services on commercial, industrial and residential projects. Providing technical excellence with competitive pricing.

FINANCIAL PERFORMANCE

Profitability

Company turnover showed an increase from prior year of £2,225,700.

Gross profit of 18.3% was slightly below the target level of 20% with operating profit showing a 2.2% increase on the previous year. Changes to margin were attributable to higher subcontractor and material costs.

Key Performance Indicators

2025 2024
Turnover £14,207,802 £11,982,102
Gross profit 18.3% 20.4%
Operating profit 2.9% 3.3%


Health Safety and Welfare Management

The directors are dedicated to ensuring the prevention of injury and illness at work to employees and other persons that may arise in connection with the company's operational activities. There are dedicated resources and extensive operating procedures devoted to maintaining the highest standards of health and safety compliance during operational activities.

Future Developments

The business will seek to grow its market share in the South of England. The directors are keen to ensure that this growth is not at the expense of a reduced gross margin and are constantly monitoring overhead expenditure. These measures will continue to enhance the financial security of the business.


WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025

PRINCIPAL RISKS AND UNCERTAINTIES
The directors are aware of the inherent risks in the construction industry and monitor the market to identify and manage potential impacts. This is done by utilising the business's extensive network of contacts in the construction industry together with credit checks on clients and monitoring the trade press.

Liquidity Risks

The directors monitor working capital needs very carefully and have a flexible funding arrangement with the company's principal secured lender to enable the business to manage its working capital requirements. This is supplemented by the use of intercompany loans with sister companies.The majority of the company's trading operations were acquired in July 2022. Since then credit accounts have been established with key suppliers to assist in funding the working capital requirements of the company.

Credit Risks

The directors realise the importance of managing the credit offered to customers. Credit risk is carefully reviewed at the tender stage of each potential new project and is regularly monitored during the execution of a project. It is achieved with regular credit checks together with selective credit insurance.The business is actively seeking to increase the value of its contracts with government and quasi government bodies in order to reduce its credit risk.

Commercial Risks

The business operates in a highly competitive market place. Securing future business is dependent on the competitive tendering of new projects and the successful execution of projects in order to win repeat business. The company has dedicated human and IT resources in the tendering process. The company seeks feedback from unsuccessful tenders to constantly improve the tendering process and maintain competitive prices.

Amounts recoverable on contract is a significant financial asset and is managed by submitting regular and on time applications for contractual works completed, together with close management of deadlines for the receipt of contract works certificates and subsequent cash receipts. Regular financial reviews of significant projects are undertaken to monitor the financial performance of each contract and to facilitate early corrective action when required.

The company continues to strengthen its management reporting systems utilising its IT systems for project costing and accounting. This enables the early identification of cost overruns on projects and enables corrective action to be taken.

ON BEHALF OF THE BOARD:





J Oak - Director


14 July 2025

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31 MARCH 2025


The director presents his report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of civil engineering.

DIVIDENDS
No dividends will be distributed for the year ended 31 March 2025.

DIRECTOR
J Oak held office during the whole of the period from 1 April 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31 MARCH 2025


AUDITORS
The auditors, Carter & Coley Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:



J Oak - Director


14 July 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
WOODMACE CONCRETE STRUCTURES LIMITED


Opinion
We have audited the financial statements of Woodmace Concrete Structures Limited (the 'company') for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information
The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
WOODMACE CONCRETE STRUCTURES LIMITED


Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of director's remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of director
As explained more fully in the Statement of Director's Responsibilities set out on page four, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
WOODMACE CONCRETE STRUCTURES LIMITED


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our audit testing included testing complete populations of certain transactions and balances, and using data auditing techniques.

Our audit procedures comprise investigating a limited number of items for testing, rather than testing complete populations.

We based our audit samples following a comprehensive audit plan after reviewing the accounts and discussing them with the directors. The level of testing will then be based on our observations of controls and responses with the work targeting particular items for testing based on their size or risk characteristics.

Our testing also included reviewing management accounts.

We considered whether there were any matters associated with Health and Safety reports that may impact on the going concern assertion.

We tested compliance with reporting for PAYE, CIS, VAT, Corporation tax and its other statutory obligations.

In other cases, we used audit sampling to enable us to draw a conclusion about the population from which the sample is selected.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Andrew Clark BSc FCA (Senior Statutory Auditor)
for and on behalf of Carter & Coley Limited
Chartered Accountants and Statutory Auditor
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

14 July 2025

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

STATEMENT OF INCOME AND
RETAINED EARNINGS
FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Notes £    £   

TURNOVER 14,207,802 11,982,102

Cost of sales 11,609,469 9,541,701
GROSS PROFIT 2,598,333 2,440,401

Administrative expenses 2,222,762 2,043,536
375,571 396,865

Other operating income 30,000 -
OPERATING PROFIT 4 405,571 396,865


Interest payable and similar expenses 5 149,082 161,930
PROFIT BEFORE TAXATION 256,489 234,935

Tax on profit 6 75,052 24,294
PROFIT FOR THE FINANCIAL YEAR 181,437 210,641

Retained earnings at beginning of year 537,376 326,735

RETAINED EARNINGS AT END OF
YEAR

718,813

537,376

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 7 64,873 97,309
Tangible assets 8 2,201,088 2,324,254
2,265,961 2,421,563

CURRENT ASSETS
Stocks 9 44,027 43,000
Debtors 10 3,548,951 3,257,177
Cash at bank and in hand 271,830 393,920
3,864,808 3,694,097
CREDITORS
Amounts falling due within one year 11 3,833,006 3,800,666
NET CURRENT ASSETS/(LIABILITIES) 31,802 (106,569 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,297,763

2,314,994

CREDITORS
Amounts falling due after more than one
year

12

(1,474,635

)

(1,753,224

)

PROVISIONS FOR LIABILITIES 15 (104,215 ) (24,294 )
NET ASSETS 718,913 537,476

CAPITAL AND RESERVES
Called up share capital 16 100 100
Retained earnings 17 718,813 537,376
SHAREHOLDERS' FUNDS 718,913 537,476

The financial statements were approved by the director and authorised for issue on 14 July 2025 and were signed by:





J Oak - Director


WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025

2025 2024
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 581,491 1,198,820
Interest paid (22,831 ) (36,045 )
Interest element of hire purchase payments
paid

(126,251

)

(125,885

)
Taxation refund 4,869 -
Net cash from operating activities 437,278 1,036,890

Cash flows from investing activities
Purchase of tangible fixed assets (313,868 ) (541,860 )
Sale of tangible fixed assets 10,936 5,709
Net cash from investing activities (302,932 ) (536,151 )

Cash flows from financing activities
Hire purchase advances in year 186,250 -
Hire purchase repayments in year (438,686 ) (335,185 )
Amount withdrawn by directors (4,000 ) -
Net cash from financing activities (256,436 ) (335,185 )

(Decrease)/increase in cash and cash equivalents (122,090 ) 165,554
Cash and cash equivalents at beginning
of year

2

393,920

228,366

Cash and cash equivalents at end of year 2 271,830 393,920

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025


1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

2025 2024
£    £   
Profit before taxation 256,489 234,935
Depreciation charges 454,426 447,853
Loss/(profit) on disposal of fixed assets 4,108 (5,709 )
Finance costs 149,082 161,930
864,105 839,009
Increase in stocks (1,027 ) (25,000 )
Increase in trade and other debtors (291,774 ) (1,484,497 )
Increase in trade and other creditors 10,187 1,869,308
Cash generated from operations 581,491 1,198,820

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025
31/3/25 1/4/24
£    £   
Cash and cash equivalents 271,830 393,920
Year ended 31 March 2024
31/3/24 1/4/23
£    £   
Cash and cash equivalents 393,920 228,366


WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2025


3. ANALYSIS OF CHANGES IN NET DEBT

At 1/4/24 Cash flow At 31/3/25
£    £    £   
Net cash
Cash at bank and in hand 393,920 (122,090 ) 271,830
393,920 (122,090 ) 271,830
Debt
Finance leases (1,310,536 ) 252,436 (1,058,100 )
(1,310,536 ) 252,436 (1,058,100 )
Total (916,616 ) 130,346 (786,270 )

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Woodmace Concrete Structures 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents work done during the period, excluding trade discounts and value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - at varying rates on cost
Fixtures and fittings - 15% on cost
Motor vehicles - at varying rates on cost
Computer equipment - 10% on cost

Fixed assets are initially recognised at cost.

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


WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
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
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
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.

Revenue recognition and service contracts
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. The closing value of these contracts is disclosed as amounts recoverable on contract.

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. EMPLOYEES AND DIRECTORS
2025 2024
£    £   
Wages and salaries 3,023,072 2,932,124
Social security costs 321,992 322,589
Other pension costs 54,737 59,882
3,399,801 3,314,595

The average number of employees during the year was as follows:
2025 2024

Direct and indirect 70 73

During the year, a total of key management personnel remuneration of £301,911 (2024 - £226,087) was paid.

2025 2024
£    £   
Director's remuneration - -

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025 2024
£    £   
Hire of plant and machinery 603,190 667,740
Other operating leases 65,000 65,000
Depreciation - owned assets 121,663 116,568
Depreciation - assets on hire purchase contracts 300,327 298,850
Loss/(profit) on disposal of fixed assets 4,108 (5,709 )
Goodwill amortisation 32,436 32,436
Auditors' remuneration 9,600 9,700
Foreign exchange differences 39 -

5. INTEREST PAYABLE AND SIMILAR EXPENSES
2025 2024
£    £   
Other interest paid 9,673 3,082
Interest and penalties on late tax 13,158 32,963
Hire purchase 126,251 125,885
149,082 161,930

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2025 2024
£    £   
Current tax:
UK corporation tax (4,869 ) -

Deferred tax 79,921 24,294
Tax on profit 75,052 24,294

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025 2024
£    £   
Profit before tax 256,489 234,935
Profit multiplied by the standard rate of corporation tax in the UK of
25% (2024 - 25%)

64,122

58,734

Effects of:
Expenses not deductible for tax purposes 2,821 3,297
Utilisation of tax losses - (45,846 )
Non allowable amortisation 8,109 8,109
Total tax charge 75,052 24,294

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 162,181
AMORTISATION
At 1 April 2024 64,872
Amortisation for year 32,436
At 31 March 2025 97,308
NET BOOK VALUE
At 31 March 2025 64,873
At 31 March 2024 97,309

8. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 2,274,967 8,835 579,457 - 2,863,259
Additions 303,794 4,074 - 6,000 313,868
Disposals (16,541 ) - (24,620 ) - (41,161 )
At 31 March 2025 2,562,220 12,909 554,837 6,000 3,135,966
DEPRECIATION
At 1 April 2024 330,815 2,488 205,702 - 539,005
Charge for year 294,794 2,171 124,525 500 421,990
Eliminated on disposal (1,498 ) - (24,619 ) - (26,117 )
At 31 March 2025 624,111 4,659 305,608 500 934,878
NET BOOK VALUE
At 31 March 2025 1,938,109 8,250 249,229 5,500 2,201,088
At 31 March 2024 1,944,152 6,347 373,755 - 2,324,254

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2024 1,486,160 472,782 1,958,942
Additions 186,250 - 186,250
Transfer to ownership (19,985 ) (17,625 ) (37,610 )
At 31 March 2025 1,652,425 455,157 2,107,582
DEPRECIATION
At 1 April 2024 251,398 136,218 387,616
Charge for year 193,219 107,108 300,327
Transfer to ownership (5,621 ) (8,813 ) (14,434 )
At 31 March 2025 438,996 234,513 673,509
NET BOOK VALUE
At 31 March 2025 1,213,429 220,644 1,434,073
At 31 March 2024 1,234,762 336,564 1,571,326

9. STOCKS
2025 2024
£    £   
Stocks 44,027 43,000

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,119,233 949,711
Amounts owed by group undertakings 6,369 -
Amounts recoverable on contract 2,347,479 2,122,949
Other debtors 1,082 825
VAT 48,808 152,223
Prepayments and accrued income 25,980 31,469
3,548,951 3,257,177

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 13) 483,465 457,312
Payments on account 167,050 -
Trade creditors 1,724,220 1,719,211
Amounts owed to group undertakings 143,960 148,960
Social security and other taxes 302,175 548,516
Other creditors 773,241 772,012
Wages control 29,617 27,358
Directors' current accounts 21,000 25,000
Accruals and deferred income 188,278 102,297
3,833,006 3,800,666

12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 13) 574,635 853,224
Amounts owed to group undertakings 500,000 500,000
Directors' loan accounts 400,000 400,000
1,474,635 1,753,224

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


13. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Gross obligations repayable:
Within one year 608,784 584,938
Between one and five years 692,895 1,096,803
1,301,679 1,681,741

Finance charges repayable:
Within one year 125,319 127,626
Between one and five years 118,260 243,579
243,579 371,205

Net obligations repayable:
Within one year 483,465 457,312
Between one and five years 574,635 853,224
1,058,100 1,310,536

Non-cancellable operating leases
2025 2024
£    £   
Within one year 3,472 -
Between one and five years 20,320 40,655
23,792 40,655

14. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 1,058,100 1,310,536
Bibby factoring account 472,454 599,268
1,530,554 1,909,804

WOODMACE CONCRETE STRUCTURES LIMITED (REGISTERED NUMBE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


15. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 104,215 24,294

Deferred
tax
£   
Balance at 1 April 2024 24,294
Charge to Income Statement during year 79,921
Balance at 31 March 2025 104,215

16. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
3,750 Ordinary A 1p 38 38
5,000 Ordinary B 1p 50 50
1,250 Ordinary C 1p 12 12
100 100

17. RESERVES
Retained
earnings
£   

At 1 April 2024 537,376
Profit for the year 181,437
At 31 March 2025 718,813

18. RELATED PARTY DISCLOSURES

TRANSACTIONS WITH THE DIRECTOR

Non interest bearing loan on which no terms of repayment have been agreed. The amount due to the director at the balance sheet date amounted to £421,000 (2024 - £425,000).

19. ULTIMATE PARENT COMPANY

In the opinion of the directors, Branksome Park Holdings Limited (a company registered in United Kingdom with company number 08654034) was regarded as the company's ultimate parent company throughout the current and previous period.