| Directors |
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| Secretary |
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| Company Number |
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| Registered Office | First Floor, Canada House |
| 20/20 Business Park, St Leonards Road | |
| Maidstone | |
| Kent | |
| ME16 0LS | |
| Auditors |
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| 8th Floor Becket House | |
| 36 Old Jewry | |
| London | |
| EC2R 8DD | |
| Bankers | National Westminster Bank Plc |
| PO Box 2415 | |
| High Street | |
| West Sussex | |
| BN5 9HQ | |
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Director
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15 August 2025
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Director
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for and on behalf of
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8th Floor Becket House
36 Old Jewry
London
EC2R 8DD
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER |
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| Cost of sales |
( |
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| GROSS PROFIT |
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| Administrative expenses |
( |
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| Other operating income |
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| OPERATING PROFIT | 3 |
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| Other interest receivable and similar income | 8 |
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| Interest payable and similar charges | 9 |
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| PROFIT BEFORE TAXATION |
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| Tax on Profit | 10 |
( |
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| PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
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| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 11 |
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| Investment Properties | 12 |
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| CURRENT ASSETS | |||||
| Stocks | 13 |
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| Debtors | 14 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 15 |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 16 |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 20 |
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| Revaluation reserve | 23 |
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| Capital redemption reserve |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 5,008,626 | 4,668,524 | |||
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Director
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| Share Capital | Revaluation reserve | Capital Redemption | Profit and Loss Account | Total | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| As at 1 January 2023 as previously stated |
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4,526,192 |
| Prior year adjustment | - | - | - |
( |
( |
| As at 1 January 2023 as restated |
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4,418,492 |
| Profit for the year and total comprehensive income | - | - | - |
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250,032 |
| Transfer from revaluation reserve | - | - | - | 3,000 | 3,000 |
| Transfer to/from Profit & Loss Account | - |
( |
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- | (3,000) |
| As at 31 December 2023 and 1 January 2024 |
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4,668,524 |
| Profit for the year and total comprehensive income | - | - | - |
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340,102 |
| Transfer from revaluation reserve | - | - | - | 3,000 | 3,000 |
| Transfer to/from Profit & Loss Account | - |
( |
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- | (3,000) |
| As at 31 December 2024 |
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5,008,626 |
| 2024 | 2023 | |||
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| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash generated from operations | 1 |
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| Interest paid |
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| Tax refunded |
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| Net cash generated from operating activities |
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| Cash flows from investing activities | ||||
| Purchase of tangible assets |
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| Proceeds from disposal of tangible assets |
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| Interest received |
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| Net cash used in investing activities |
( |
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| Cash flows from financing activities | ||||
| Repayment of bank borrowings |
( |
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| Repayment of other loans | (53,832) | - | ||
| Repayment of finance leases |
( |
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| Amount introduced by directors | 10,393 | 6,196 | ||
| Amount withdrawn by directors | - | (16,502) | ||
| New HP agreements in year | 320,898 | 267,727 | ||
| Net cash used in financing activities |
( |
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| Increase/(decrease) in cash and cash equivalents |
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| Cash and cash equivalents at beginning of year | 2 |
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| Cash and cash equivalents at end of year | 2 |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Profit for the financial year |
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| Adjustments for: | |||
| Tax on profit |
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| Interest expense |
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| Interest income |
( |
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| Depreciation of tangible assets |
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| Loss/(profit) on disposal of tangible assets | 9,923 | (78,488) | |
| Movements in working capital: | |||
| Decrease in stocks |
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| Increase in trade and other debtors |
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| Increase/(decrease) in trade and other creditors |
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| Net cash generated from operations |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Cash at bank and in hand |
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| Overdraft facilities repayable on demand | - |
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| Cash and cash equivalents as stated in the Statement of Cash Flows | 715,086 | (11,582) | |
| As at 1 January 2024 | Cash flows | As at 31 December 2024 | |
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| £ | £ | £ | |
| Cash at bank and in hand |
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714,886 |
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| Overdraft facilities repayable on demand | (11,782) | 11,782 | - |
| Cash and cash equivalents |
( |
726,668 |
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| Finance leases | (493,872) | (45,221) | (539,093) |
| Debts falling due within one year |
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(12,000) |
( |
| Debts falling due after more than one year | (281,625) | 145,832 | (135,793) |
| (867,079) | 815,279 | (51,800) | |
| Freehold |
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| Plant & Machinery |
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| Motor Vehicles |
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| Computer Equipment |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Operating lease rentals |
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| Depreciation of tangible fixed assets - owned |
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| Depreciation of tangible fixed assets - finance leases and hire purchase contracts |
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| Loss/(profit) on disposal of tangible fixed assets |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Wages and salaries |
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| Social security costs |
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| Other pension costs |
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| 2024 | 2023 | ||
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| Contracting |
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| Administration |
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| Directors |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 | ||
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| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Other interest receivable | 98 | - | |
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| Bank loans and overdrafts |
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| Other loan interest |
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| Finance charges payable under finance leases and hire purchase contracts | 23,164 | 21,341 | |
| 79,822 | 74,384 | ||
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The tax charge on the profit for the year was as follows:
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| Tax Rate | 2024 | 2023 | |||
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| 2024 | 2023 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 24.0% |
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| Deferred Tax | |||||
| Deferred taxation |
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| Total tax charge for the period |
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The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
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| 2024 | 2023 | ||||
| £ | £ | ||||
| Profit before tax | 394,200 | 266,017 | |||
| Tax on profit at 25% (UK standard rate) |
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| Expenses not deductible for tax purposes |
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| Tax losses utilised |
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( |
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| Capital allowances |
( |
( |
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| Research and Development tax credit |
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| Deferred tax from unrecognised timing difference from a prior period |
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| Total tax charge for the period | 54,098 | 15,985 | |||
| Land & Property | |||||
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| Freehold | Plant & Machinery | Motor Vehicles | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| As at 1 January 2024 |
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| Additions |
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| Disposals |
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( |
( |
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( |
| As at 31 December 2024 |
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| Depreciation | |||||
| As at 1 January 2024 |
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| Provided during the period |
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| Disposals |
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( |
( |
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| As at 31 December 2024 |
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| Net Book Value | |||||
| As at 31 December 2024 |
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| As at 1 January 2024 |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Plant & Machinery |
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| Motor Vehicles |
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| Land & Property | |||||
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| Freehold | Plant & Machinery | Motor Vehicles | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| At cost | 1,200,381 | 3,172,128 | 1,535,535 | 129,903 | 6,037,947 |
| At valuation | 899,619 | - | - | - | 899,619 |
| 2,100,000 | 3,172,128 | 1,535,535 | 129,903 | 6,937,566 | |
| 2024 | |
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| Fair Value | |
| As at 1 January 2024 and 31 December 2024 |
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| Stock |
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| Work in progress |
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| 2024 | 2023 | ||
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| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Corporation tax recoverable assets |
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| Directors' loan accounts | - |
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| Due after more than one year | |||
| Trade debtors |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
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| Trade creditors |
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| Bank loans and overdrafts |
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| Other loans |
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| Corporation tax |
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| Other taxes and social security |
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| Other creditors |
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| Accruals and deferred income |
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| Directors' loan accounts |
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| 2024 | 2023 | ||
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| Net obligations under finance lease and hire purchase contracts |
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| Bank loans |
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| Other loans |
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| 2024 | 2023 | ||
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| Net obligations under finance lease and hire purchase contracts | 539,093 | 493,872 | |
| Bank loans and overdrafts | 120,000 | 211,782 |
| 2024 | 2023 | ||
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| Amounts falling due within one year or on demand: | |||
| Bank loans |
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| Other loans |
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| 2024 | 2023 | ||
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| Amounts falling due between one and five years: | |||
| Bank loans |
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| Other loans |
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| 2024 | 2023 | ||
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| £ | £ | ||
| The future minimum finance lease payments are as follows: | |||
| Not later than one year |
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| Later than one year and not later than five years |
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| Deferred Tax | Total | |
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| £ | £ | |
| As at 1 January 2024 |
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740,343 |
| Deferred taxation |
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| Balance at 31 December 2024 |
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793,188 |
| As at 1 January 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2024 | |
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| £ | £ | £ | £ | £ | |
| Mr Martin Baldwin |
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( |
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