IRIS Accounts Production v25.2.0.378 01501427 Board of Directors Board of Directors 30.4.25 1.5.24 30.4.25 30.4.25 Medium entities These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. the supply of roadstone and concrete aggregate materials. true true true false true true false false false false false false true false Fair value model Ordinary 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015014272024-04-30015014272025-04-30015014272024-05-012025-04-30015014272023-04-30015014272023-05-012024-04-30015014272024-04-3001501427ns15:EnglandWales2024-05-012025-04-3001501427ns14:PoundSterling2024-05-012025-04-3001501427ns10:Director12024-05-012025-04-3001501427ns10:Director22024-05-012025-04-3001501427ns10:Consolidated2025-04-3001501427ns10:ConsolidatedGroupCompanyAccounts2024-05-012025-04-3001501427ns10:PrivateLimitedCompanyLtd2024-05-012025-04-3001501427ns10:Consolidatedns10:MediumEntities2024-05-012025-04-3001501427ns10:Consolidatedns10:Audited2024-05-012025-04-3001501427ns10:SmallCompaniesRegimeForAccounts2024-05-012025-04-3001501427ns10:Consolidated2024-05-012025-04-3001501427ns10:Consolidatedns10:Medium-sizedCompaniesRegimeForDirectorsReport2024-05-012025-04-3001501427ns10:Consolidatedns10:Medium-sizedCompaniesRegimeForAccounts2024-05-012025-04-3001501427ns10:FullAccounts2024-05-012025-04-3001501427ns5:Subsidiary12024-05-012025-04-3001501427ns5:Subsidiary22024-05-012025-04-3001501427ns5:Subsidiary32024-05-012025-04-3001501427ns5:Subsidiary42024-05-012025-04-3001501427ns10:OrdinaryShareClass12024-05-012025-04-3001501427ns10:Director32024-05-012025-04-3001501427ns10:Director42024-05-012025-04-3001501427ns10:RegisteredOffice2024-05-012025-04-3001501427ns10:Consolidated2023-05-012024-04-3001501427ns5:CurrentFinancialInstruments2025-04-3001501427ns5:CurrentFinancialInstruments2024-04-3001501427ns5:ShareCapital2025-04-3001501427ns5:ShareCapital2024-04-3001501427ns5:RetainedEarningsAccumulatedLosses2025-04-3001501427ns5:RetainedEarningsAccumulatedLosses2024-04-3001501427ns5:ShareCapital2023-04-3001501427ns5:RetainedEarningsAccumulatedLosses2023-04-3001501427ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-3001501427ns5:RetainedEarningsAccumulatedLosses2024-05-012025-04-300150142712024-05-012025-04-3001501427ns5:LandBuildingsns5:OwnedOrFreeholdAssets2024-05-012025-04-3001501427ns5:PlantMachinery2024-05-012025-04-3001501427ns5:FurnitureFittings2024-05-012025-04-3001501427ns5:MotorVehicles2024-05-012025-04-3001501427ns5:ComputerEquipment2024-05-012025-04-3001501427ns5:LandBuildings2024-04-3001501427ns5:PlantMachinery2024-04-3001501427ns5:LandBuildings2024-05-012025-04-3001501427ns5:LandBuildings2025-04-3001501427ns5:PlantMachinery2025-04-3001501427ns5:LandBuildings2024-04-3001501427ns5:PlantMachinery2024-04-3001501427ns5:CostValuation2024-04-30015014271ns5:Subsidiary12024-05-012025-04-3001501427ns5:Subsidiary232024-05-012025-04-30015014275ns5:Subsidiary32024-05-012025-04-30015014277ns5:Subsidiary42024-05-012025-04-3001501427ns5:WithinOneYearns5:CurrentFinancialInstruments2025-04-3001501427ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3001501427ns5:Non-currentFinancialInstruments2025-04-3001501427ns5:Non-currentFinancialInstruments2024-04-3001501427ns10:OrdinaryShareClass12025-04-3001501427ns5:RetainedEarningsAccumulatedLosses2024-04-30
REGISTERED NUMBER: 01501427 (England and Wales)















GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

MARCHINGTON GROUP LIMITED

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025










Page

Company Information 1

Group Strategic Report 2

Report of the Directors 4

Report of the Independent Auditors 5

Consolidated Income Statement 9

Consolidated Other Comprehensive Income 10

Consolidated Balance Sheet 11

Company Balance Sheet 12

Consolidated Statement of Changes in Equity 13

Company Statement of Changes in Equity 14

Consolidated Cash Flow Statement 15

Notes to the Consolidated Cash Flow Statement 16

Notes to the Consolidated Financial Statements 17


MARCHINGTON GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTORS: J A Marchington
L Marchington
A D Marchington
J M Marchington





REGISTERED OFFICE: 105 Buxton Road
High Lane
Stockport
Cheshire
SK6 8DX





REGISTERED NUMBER: 01501427 (England and Wales)





AUDITORS: Harold Sharp Limited
Statutory Auditors and Chartered Accountants
5 Brooklands Place
Brooklands Road
Sale
Cheshire
M33 3SD

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 30 APRIL 2025


The directors present their strategic report of the company and the group for the year ended 30 April 2025.

REVIEW OF BUSINESS

Strategy

The strategy of the company is to maintain profitable trading and growth through its main activities of the production and sale of construction aggregates, sand, gravel and block stone.

Our commitment to the health, safety and wellbeing of our employees and contractors remains paramount. We aim to minimise our impact on the environment and provide a safe and high quality service to our customers.

The business has retained its accreditations for ISO 9001 (Quality), ISO 14001 (Environmental Management) and ISO 45001 (Health & Safety) and are committed to continual improvement across these standards.

We have continued to make progress on our roadmap to Net Zero. We continue to purchase energy from 100% renewable sources and have invested in a Solar PV scheme at our head office which is already making a significant reduction in our purchased energy. We have also increased the number of electric vehicles in our motor fleet.

The results for the year and financial position for the company are set out in the financial statements and the directors anticipate that profitable operation will continue in the future.

PRINCIPAL RISKS AND UNCERTAINTIES

Fuel/Energy Costs

Whilst the cost of fuel has stabilised, this continues to significantly affect our haulage cost and quarry operations.

Mineral resources/planning

Mineral resources are finite and governed by robust planning conditions. Our quarrying operations are secure with long term planning in place.

The Economy and its effect on the construction sector

General construction activity continued to slow during the year. The Housing market was forecast to recover as interest rates fell but no significant growth was seen. A change of Government in July did not bring the expected confidence with the introduction of further taxation and increases in national Insurance and national minimum wage. House-building is still classed as a government priority as is planning reform, but both are expected to be medium to long term goals.

Credit Risk

We credit check potential and existing customers and continue to apply robust policies and procedures in all aspects of our credit control process.

Financial

The company is governed by a robust set of financial KPIs that are relevant to the industry. These are continuously monitored and the Directors are satisfied with the company's performance.


MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 30 APRIL 2025

FUTURE DEVELOPMENTS
The company is committed to the acquisition of further sites for mineral extraction and processing in order to maintain a sustainable and continuous supply of materials to our customers.

ON BEHALF OF THE BOARD:





A D Marchington - Director


15 August 2025

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2025


The directors present their report with the financial statements of the company and the group for the year ended 30 April 2025.

DIVIDENDS
A dividend of £300,000 (2024: £300,000) was paid in the year.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2024 to the date of this report.

J A Marchington
L Marchington
A D Marchington
J M Marchington

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have 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 directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are 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 directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group 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 directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

ON BEHALF OF THE BOARD:





A D Marchington - Director


15 August 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
MARCHINGTON GROUP LIMITED


Opinion
We have audited the financial statements of Marchington Group Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 April 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated 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 group's and of the parent company affairs as at 30 April 2025 and of the group's 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 group 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 directors' 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 group's and the parent 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 directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, 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.

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 Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
MARCHINGTON GROUP LIMITED


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

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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are 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 directors determine 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 directors are responsible for assessing the group's and the parent 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 directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
MARCHINGTON GROUP 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:

As part of our planning process:
- We enquired of management the systems and controls the group and parent company has in place, the areas of the financial statements that are mostly susceptible to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud.
- We obtained an understanding of the legal and regulatory frameworks applicable to the group and parent company. We determined that the following were most relevant: FRS 102, Companies Act 2006, health and safety, and employment law.
- We considered the incentives and opportunities that exist in the group and parent company, including the extent of management bias, which present a potential for irregularities and fraud to be perpetuated, and tailored our risk assessment accordingly.
- Using our knowledge of the group and parent company, together with the discussions held with management at the planning stage, we formed a conclusion on the risk of misstatement due to irregularities including fraud and tailored our procedures according to this risk assessment.

The key procedures we undertook to detect irregularities including fraud during the course of the audit included:
- Identifying and testing journal entries and the overall accounting records, in particular those that were significant and unusual.
- Reviewing the financial statement disclosures and determining whether accounting policies have been appropriately applied.
- Reviewing and challenging the assumptions and judgements used by management in their significant accounting estimates.
- Assessing the extent of compliance, or lack of, with the relevant laws and regulations in particular those that are central to the entities ability to continue in operation.
- Testing key revenue lines, in particular cut-off, for evidence of management bias.
- Obtaining third-party confirmation of material bank balances.
- Documenting and verifying all significant related party and consolidated balances and transactions.
- Reviewing documentation such as board minutes for discussions of irregularities including fraud,
- Testing all material consolidation adjustments.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements even though we have properly planned and performed our audit in accordance with auditing standards. The primary responsibility for the prevention and detection of irregularities and fraud rests with the directors and management.

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.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
MARCHINGTON GROUP LIMITED


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.




Thomas James Smart (Senior Statutory Auditor)
for and on behalf of Harold Sharp Limited
Statutory Auditors and Chartered Accountants
5 Brooklands Place
Brooklands Road
Sale
Cheshire
M33 3SD

15 August 2025

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

CONSOLIDATED INCOME STATEMENT
FOR THE YEAR ENDED 30 APRIL 2025

2025 2024
Notes £    £   

TURNOVER 3 33,070,483 35,281,753

Cost of sales (28,921,189 ) (30,569,795 )
GROSS PROFIT 4,149,294 4,711,958

Distribution costs (826,052 ) (803,329 )
Administrative expenses (1,897,174 ) (1,986,778 )
1,426,068 1,921,851

Other operating income 82,816 64,470
OPERATING PROFIT 5 1,508,884 1,986,321

Interest receivable and similar income 427,511 257,732
1,936,395 2,244,053

Interest payable and similar expenses 6 (10,440 ) -
PROFIT BEFORE TAXATION 1,925,955 2,244,053

Tax on profit 7 (501,339 ) (573,063 )
PROFIT FOR THE FINANCIAL YEAR 1,424,616 1,670,990
Profit attributable to:
Owners of the parent 1,424,616 1,670,990

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

CONSOLIDATED OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 APRIL 2025

2025 2024
Notes £    £   

PROFIT FOR THE YEAR 1,424,616 1,670,990


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

1,424,616

1,670,990

Total comprehensive income attributable to:
Owners of the parent 1,424,616 1,670,990

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

CONSOLIDATED BALANCE SHEET
30 APRIL 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 10 1,747,504 1,688,777
Investments 11 - -
Investment property 12 463,526 463,526
2,211,030 2,152,303

CURRENT ASSETS
Debtors 13 7,557,451 6,345,033
Cash at bank and in hand 8,109,273 8,529,535
15,666,724 14,874,568
CREDITORS
Amounts falling due within one year 14 (6,382,202 ) (6,686,789 )
NET CURRENT ASSETS 9,284,522 8,187,779
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,495,552

10,340,082

PROVISIONS FOR LIABILITIES 17 (163,423 ) (132,569 )
NET ASSETS 11,332,129 10,207,513

CAPITAL AND RESERVES
Called up share capital 18 4,002 4,002
Capital reserve 19 117,840 117,840
Retained earnings 19 11,210,287 10,085,671
SHAREHOLDERS' FUNDS 11,332,129 10,207,513

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:




A D Marchington - Director



J M Marchington - Director


MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

COMPANY BALANCE SHEET
30 APRIL 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 10 790,205 800,971
Investments 11 15,078 15,078
Investment property 12 463,526 463,526
1,268,809 1,279,575

CURRENT ASSETS
Debtors 13 1,466,562 17,324
Cash at bank and in hand 1,981,927 2,604,646
3,448,489 2,621,970
CREDITORS
Amounts falling due within one year 14 (117,276 ) (33,493 )
NET CURRENT ASSETS 3,331,213 2,588,477
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,600,022

3,868,052

CAPITAL AND RESERVES
Called up share capital 18 4,002 4,002
Retained earnings 19 4,596,020 3,864,050
SHAREHOLDERS' FUNDS 4,600,022 3,868,052

Company's profit for the financial year 1,031,970 1,359,555

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:




A D Marchington - Director



J M Marchington - Director


MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2025

Called up
share Retained Capital Total
capital earnings reserve equity
£    £    £    £   
Balance at 1 May 2023 4,002 8,714,681 117,840 8,836,523

Changes in equity
Dividends - (300,000 ) - (300,000 )
Total comprehensive income - 1,670,990 - 1,670,990
Balance at 30 April 2024 4,002 10,085,671 117,840 10,207,513

Changes in equity
Dividends - (300,000 ) - (300,000 )
Total comprehensive income - 1,424,616 - 1,424,616
Balance at 30 April 2025 4,002 11,210,287 117,840 11,332,129

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2025

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 May 2023 4,002 2,804,495 2,808,497

Changes in equity
Dividends - (300,000 ) (300,000 )
Total comprehensive income - 1,359,555 1,359,555
Balance at 30 April 2024 4,002 3,864,050 3,868,052

Changes in equity
Dividends - (300,000 ) (300,000 )
Total comprehensive income - 1,031,970 1,031,970
Balance at 30 April 2025 4,002 4,596,020 4,600,022

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 APRIL 2025

2025 2024
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 666,702 2,551,270
Interest paid (10,440 ) -
Tax paid (653,724 ) (465,028 )
Net cash from operating activities 2,538 2,086,242

Cash flows from investing activities
Purchase of tangible fixed assets (281,722 ) (171,759 )
Sale of tangible fixed assets - 65,001
Interest received 250,591 257,732
Net cash from investing activities (31,131 ) 150,974

Cash flows from financing activities
Capital repayments in year (10,000 ) -
Amount withdrawn by directors (81,669 ) (59,535 )
Equity dividends paid (300,000 ) (300,000 )
Net cash from financing activities (391,669 ) (359,535 )

(Decrease)/increase in cash and cash equivalents (420,262 ) 1,877,681
Cash and cash equivalents at beginning of
year

2

8,529,535

6,651,854

Cash and cash equivalents at end of year 2 8,109,273 8,529,535

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 APRIL 2025


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

2025 2024
£    £   
Profit before taxation 1,925,955 2,244,053
Depreciation charges 234,262 284,898
(Profit)/loss on disposal of fixed assets (11,268 ) 523
Finance costs 10,440 -
Finance income (427,511 ) (257,732 )
1,731,878 2,271,742
(Increase)/decrease in trade and other debtors (1,035,497 ) 668,579
Decrease in trade and other creditors (29,679 ) (389,051 )
Cash generated from operations 666,702 2,551,270

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 30 April 2025
30/4/25 1/5/24
£    £   
Cash and cash equivalents 8,109,273 8,529,535
Year ended 30 April 2024
30/4/24 1/5/23
£    £   
Cash and cash equivalents 8,529,535 6,651,854


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1/5/24 Cash flow At 30/4/25
£    £    £   
Net cash
Cash at bank and in hand 8,529,535 (420,262 ) 8,109,273
8,529,535 (420,262 ) 8,109,273
Debt
Finance leases (10,000 ) 10,000 -
(10,000 ) 10,000 -
Total 8,519,535 (410,262 ) 8,109,273

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025


1. STATUTORY INFORMATION

Marchington Group Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 01501427 and the registered office is 105 Buxton Road, High Lane, Stockport, Cheshire, SK6 8DX.

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.

The functional and presentation currency is £ sterling.

Basis of consolidation
The group accounts include the audited accounts of the company and its wholly owned subsidiaries made up to 30 April. Subsidiaries are included from the date of acquisition.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Trade debtors recoverability
Amounts recoverable on trade debtors are initially measured at the transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled and any impairment losses. The directors make estimates as to the recoverability of these debts and provide for them accordingly.

Provisions
A provision is recognised in the balance sheet when the entity has a present legal or constructive obligation as a result of a past event, that can be reliably measured and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Over periods of between 20 and 100 years and not depreciated
Plant and machinery - 25% on reducing balance and 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Investment property
Investment property is revalued annually and included in the balance sheet at its open market value, which is estimated by the directors. Changes in the market value are taken to the income statement.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade debtors, amounts receivable from group companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including trade creditors, other creditors, and directors loan accounts that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.


MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 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.

Pension costs and other post-retirement benefits
The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At 30 April 2025 the group had made a profit for the year of £1,424,616 and had net assets of £11,332,129. The company and group have healthy cash reserves and having considered the current trading and future expectations, the directors are confident the company and group will continue to trade profitably in future periods and generate sufficient cash flows to meet its obligations as they fall due for payment. The accounts have therefore been prepared on the going concern basis.

3. TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the group.

An analysis of turnover by geographical market is given below:

2025 2024
£    £   
United Kingdom 33,070,483 35,281,753
33,070,483 35,281,753

4. EMPLOYEES AND DIRECTORS
2025 2024
£    £   
Wages and salaries 1,491,959 1,576,802
Social security costs 193,318 206,192
Other pension costs 75,670 58,014
1,760,947 1,841,008

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


4. EMPLOYEES AND DIRECTORS - continued

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

Administration 22 21
Selling and distribution 6 6
28 27

2025 2024
£    £   
Directors' remuneration 676,259 760,044
Directors' pension contributions to money purchase schemes 11,255 10,928

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes 2 2

Information regarding the highest paid director is as follows:
2025 2024
£    £   
Emoluments etc 260,123 269,150
Pension contributions to money purchase schemes 5,628 5,464

5. OPERATING PROFIT

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

2025 2024
£    £   
Depreciation - owned assets 234,263 284,899
(Profit)/loss on disposal of fixed assets (11,268 ) 523
Auditors' remuneration 15,000 15,000
Auditors' remuneration for non-audit services 30,270 18,900

Fees payable to the group's auditor for the audit of the group financial statements amounted to £15,000 (2024: £15,000).

6. INTEREST PAYABLE AND SIMILAR EXPENSES
2025 2024
£    £   
Other interest 10,440 -

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


7. 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 470,485 628,801

Deferred tax 30,854 (55,738 )
Tax on profit 501,339 573,063

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 1,925,955 2,244,053
Profit multiplied by the standard rate of corporation tax in the UK of 25 %
(2024 - 25 %)

481,489

561,013

Effects of:
Expenses not deductible for tax purposes 14,405 12,488
Capital allowances in excess of depreciation (25,409 ) (56,177 )
Deferred tax 30,854 55,739

Total tax charge 501,339 573,063

8. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


9. DIVIDENDS

Dividends paid in the year amounted to £300,000 (2024 - £300,000).

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


10. TANGIBLE FIXED ASSETS

Group
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2024 1,240,921 1,520,111 239,959
Additions - 192,925 7,506
Disposals - - -
At 30 April 2025 1,240,921 1,713,036 247,465
DEPRECIATION
At 1 May 2024 351,470 1,007,884 172,548
Charge for year 16,645 127,390 11,237
Eliminated on disposal - - -
At 30 April 2025 368,115 1,135,274 183,785
NET BOOK VALUE
At 30 April 2025 872,806 577,762 63,680
At 30 April 2024 889,451 512,227 67,411

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2024 473,004 74,601 3,548,596
Additions 117,928 1,863 320,222
Disposals (86,067 ) - (86,067 )
At 30 April 2025 504,865 76,464 3,782,751
DEPRECIATION
At 1 May 2024 257,663 70,254 1,859,819
Charge for year 76,510 2,481 234,263
Eliminated on disposal (58,835 ) - (58,835 )
At 30 April 2025 275,338 72,735 2,035,247
NET BOOK VALUE
At 30 April 2025 229,527 3,729 1,747,504
At 30 April 2024 215,341 4,347 1,688,777

On 1 December 2020, properties that were held by Marchington Stone Limited were transferred to companies within the group at their net book value.

In the Consolidated accounts the properties are shown at their historic cost.

There is therefore a variance between the cost of properties shown in the individual company accounts and the consolidated accounts, this is due to the accumulated depreciation at the date of transfer.

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


10. TANGIBLE FIXED ASSETS - continued

Company
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 May 2024 832,236 21,954 854,190
Additions - 10,201 10,201
At 30 April 2025 832,236 32,155 864,391
DEPRECIATION
At 1 May 2024 49,934 3,285 53,219
Charge for year 16,645 4,322 20,967
At 30 April 2025 66,579 7,607 74,186
NET BOOK VALUE
At 30 April 2025 765,657 24,548 790,205
At 30 April 2024 782,302 18,669 800,971

11. FIXED ASSET INVESTMENTS

Company
Shares in
group
undertakings
£   
COST
At 1 May 2024
and 30 April 2025 15,078
NET BOOK VALUE
At 30 April 2025 15,078
At 30 April 2024 15,078

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Marchington Stone Limited
Registered office: Stockport
Nature of business: Roadstone and concrete aggregate materials
%
Class of shares: holding
Ordinary 100.00

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


11. FIXED ASSET INVESTMENTS - continued

Marchington Sand Sales Limited
Registered office: Stockport
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00

Shire Hill Quarries Limited
Registered office: Stockport
Nature of business: Property holding
%
Class of shares: holding
Ordinary 100.00

Marchington Property Group (Investments) Ltd
Registered office: 105, Buxton Road, High Lane, Stockport, Cheshire, SK6 8DX
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00

Shire Hill Quarries (Operations) LTD
Registered office: 105, Buxton Road, High Lane, Stockport, Cheshire, SK6 8DX
Nature of business: Quarrying of ornamental and building stone.
%
Class of shares: holding
Ordinary 100.00

Shire Hill Quarries (Operations) Limited is a 100% subsidiary of Shire Hill Quarries Limited.


12. INVESTMENT PROPERTY

Group
Total
£   
FAIR VALUE
At 1 May 2024
and 30 April 2025 463,526
NET BOOK VALUE
At 30 April 2025 463,526
At 30 April 2024 463,526

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


12. INVESTMENT PROPERTY - continued

Company
Total
£   
FAIR VALUE
At 1 May 2024
and 30 April 2025 463,526
NET BOOK VALUE
At 30 April 2025 463,526
At 30 April 2024 463,526

During the 2024 financial year, £463,526 was reclassified to investment property from freehold property at fair value. The properties were valued by N M Hunter MRICS, of Edwards Property Consultants using industry standard valuation methods. At 30 April 2025, the directors consider that the market value is not materially different to the fair value transferred to investment properties.

13. DEBTORS

Group Company
2025 2024 2025 2024
£    £    £    £   
Amounts falling due within one year:
Trade debtors 5,812,627 6,057,825 - -
Other debtors 1,533,322 17,167 1,466,280 -
Amounts receivable from group company - - 282 488
Prepayments 199,314 246,603 - 16,836
7,545,263 6,321,595 1,466,562 17,324

Amounts falling due after more than one year:
Other debtors 12,188 23,438 - -

Aggregate amounts 7,557,451 6,345,033 1,466,562 17,324

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
2025 2024 2025 2024
£    £    £    £   
Hire purchase contracts (see note 15) - 10,000 - -
Trade creditors 4,941,024 4,882,387 - -
Tax 170,485 353,724 81,926 20,235
Social security and other taxes 200,404 233,305 3,601 1,346
Other creditors 21,661 9,820 9,687 -
Amounts payable to group - - 4,395 1
Directors' current accounts 216,861 298,530 - -
Accrued expenses 831,767 899,023 17,667 11,911
6,382,202 6,686,789 117,276 33,493

15. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Group
Hire purchase
contracts
2025 2024
£    £   
Net obligations repayable:
Within one year - 10,000

16. FINANCIAL INSTRUMENTS

Group:

Financial assets are measured at amortised cost and are comprised of cash and cash equivalents, trade debtors and other debtors.

Financial liabilities are measured amortised cost and are comprised of trade creditors, other creditors and director loan account balances.

Company:

At 30 April 2025 equity instruments measured at cost less impairment £15,078 (2024: £15,078).

17. PROVISIONS FOR LIABILITIES

Group
2025 2024
£    £   
Deferred tax 163,423 132,569

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


17. PROVISIONS FOR LIABILITIES - continued

Group
Deferred
tax
£   
Balance at 1 May 2024 132,569
Provided during year 30,854
Balance at 30 April 2025 163,423

18. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
4,002 Ordinary £1 4,002 4,002

19. RESERVES

Group
Retained Capital
earnings reserve Totals
£    £    £   

At 1 May 2024 10,085,671 117,840 10,203,511
Profit for the year 1,424,616 - 1,424,616
Dividends (300,000 ) - (300,000 )
At 30 April 2025 11,210,287 117,840 11,328,127

Company
Retained
earnings
£   

At 1 May 2024 3,864,050
Profit for the year 1,031,970
Dividends (300,000 )
At 30 April 2025 4,596,020


20. PENSION COMMITMENTS

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £75,671 (2024: £58,014). At 30 April 2025 contributions of £6,627 (2024: £5,893) were outstanding and included within other creditors.

MARCHINGTON GROUP LIMITED (REGISTERED NUMBER: 01501427)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


21. RELATED PARTY DISCLOSURES

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.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

Dividends of £300,000 (2024: £300,000) were paid to directors during the year.

At 30 April 2025 the group owed two directors £216,861 (2024: £298,530). The loan is interest free and repayable on demand.

During the year, a loan was advanced to an employee of £45,000, that is still outstanding at the balance sheet date. Interest is being charged on this loan at a rate that is equal to the beneficial loan rate. There are no fixed repayment terms attached to the loan.

During the year, a total of key management personnel compensation of £ 792,527 (2024 - £ 850,824 ) was paid.

Key management personnel are Directors of the Group or its subsidiary companies.

22. ULTIMATE CONTROLLING PARTY

In the directors opinion, there is no single party who has ultimate control of the group.