COASTAL WALL TIES LIMITED

Company Registration Number:
08050658 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 01 May 2024

End date: 30 April 2025

COASTAL WALL TIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2025

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

COASTAL WALL TIES LIMITED

Company Information

for the Period Ended 30 April 2025




Director: Mr Alex Morley
Ms Hayley Morley-Sharpe
Registered office: 5
The Estuary
Littlehampton
West Sussex
England
BN17 6NF
Company Registration Number: 08050658 (England and Wales)

COASTAL WALL TIES LIMITED

Balance sheet

As at 30 April 2025


Notes

2025
£

2024
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 941
Debtors: 5 6,700 1,889
Cash at bank and in hand: 24,193 52,561
Total current assets: 31,834 54,450
Creditors: amounts falling due within one year: 6 ( 30,238 ) ( 46,087 )
Net current assets (liabilities): 1,596 8,363
Total assets less current liabilities: 1,596 8,363
Total net assets (liabilities): 1,596 8,363

The notes form part of these financial statements

COASTAL WALL TIES LIMITED

Balance sheet continued

As at 30 April 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,496 8,263
Shareholders funds: 1,596 8,363

For the year ending 30 April 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 June 2025
And Signed On Behalf Of The Board By:

Name: Mr Alex Morley
Status: Director

The notes form part of these financial statements

COASTAL WALL TIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
    Machinery & Equipment - 33% on cost
    Fixtures and Fittings - 20% on cost
    Motor Vehicles - 25% on cost

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives, not to exceed twenty years.
    Impairment of intangible assets is recognised where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    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 includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    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 the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted. The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

COASTAL WALL TIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 2 2

COASTAL WALL TIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 3. Off balance sheet disclosure

    No

COASTAL WALL TIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Dividends


2025
£

2024
£
Dividends paid 53,000 54,000

COASTAL WALL TIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Debtors


2025
£

2024
£
Trade debtors 6,700
Other debtors 1,889
Total 6,700 1,889

COASTAL WALL TIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

6.Creditors: amounts falling due within one year note


2025
£

2024
£
Trade creditors 1,162 4,174
Taxation and social security 16,941 23,116
Accruals and deferred income 850 850
Other creditors 11,285 17,947
Total 30,238 46,087