REGISTERED NUMBER: 01136997 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PAVE-AWAYS LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Statement of Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Notes to the Financial Statements

12

DIRECTORS:

S P Owen

Mrs V L Lawson

J D Evans

Miss C E Davies

REGISTERED OFFICE:

Avenue Mill

Knockin

Oswestry

Shropshire

SY10 8HQ

REGISTERED NUMBER:

01136997 (England and Wales)

SENIOR STATUTORY AUDITOR:

Aled Davies FCCA

AUDITORS:

D.R.E. & Co. (Audit) Limited

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

The directors present their strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS

The company's core focus is delivering high-quality construction services throughout the Boroughs of Shropshire, Telford, Cheshire, and Mid Wales. Turnover has aligned with the annual budget forecast, while profit margins have increased-demonstrating improved operational efficiency. This growth is driven by the delivery of high-quality work, along with reductions in fuel usage, travel, waste, and the adoption of sustainable building practices in partnership with our established and trusted supply chain.

Sustainability continues to be at the heart of our operations, ensuring we make a positive impact in the communities we serve. As Directors, we remain committed to upholding our core values: Safety, Integrity, Teamwork, Excellence, and Sustainability. Our hands-on leadership, guided by these principles, is reflected in the high volume of repeat business we secure.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal risks and uncertainties facing the business are consistent with those affecting the construction sector as a whole. Effectively managing the risks is essential for the business to maintain profitability, meet project deadlines and ensure compliance and safety

ENVIRONMENTAL POLICY

The company is committed to ensuring it minimises any disturbance to the local & global environment and complies fully with all relevant statutory regulations. The company policies and processes are centred around its ISO14001 accreditation. The Environmental Policy provides project-specific management measures and is dynamic. The successful implementation demands awareness on the part of every individual within the company and including all those who work with and for the company.

HEALTH, SAFETY AND WELL-BEING

The health, safety and well being of all persons on construction projects remains the highest priority within Pave-Aways. The record in the last twelve months remains exceptional and with continued engagement, training and knowledge the company will continue to embellish this further. Well being support within Pave-Aways covers all employees and their families providing advice and help whenever it is needed.

ON BEHALF OF THE BOARD:

S P Owen - Director

1 September 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITIES

The principal activities of the company in the year under review were those of civil engineering, building and construction work.

DIVIDENDS

Interim dividends per share were paid as follows:

Ordinary A £1 shares £8,000.00

Ordinary B £1 shares £ 566.57

The directors recommend that no final dividends be paid.

The total distribution of dividends for the year ended 31 March 2025 will be £723,483.

RESEARCH AND DEVELOPMENT

Pave-Aways Limited prioritises innovation through research and development by creating forward-thinking solutions to enhance our offerings and maintain a competitive edge in the construction industry. During the year, we focused on reducing waste and carbon footprint by investing in advanced waste management systems and adopting innovative construction techniques to minimise resource consumption. Our research also explored and integrated eco-friendly materials, lowering environmental impact and enhancing project sustainability.

Looking ahead, our commitment to R&D remains central to our strategic goals. We will continue to explore sustainable technologies and digital transformation to meet the evolving needs of our customers and drive long-term environmental and operational improvements.

DIRECTORS

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

S P Owen

Mrs V L Lawson

J D Evans

Miss C E Davies

DISCLOSURE IN THE STRATEGIC REPORT

The company has chosen, in accordance with s414C(11) of the Companies Act, to set out in the company's strategic report information regarding the review of business and a description of the principal risks and uncertainties facing the company.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 of the profit or loss of the company 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 transactions and disclose with reasonable accuracy at any time the financial position of the company 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 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 company'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 company's auditors are aware of that information.

AUDITORS

The auditors, D.R.E. & Co. (Audit) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

S P Owen - Director

1 September 2025

Opinion

We have audited the financial statements of Pave-Aways Limited (the 'company') for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and 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 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 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 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 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 Strategic Report and the Report of the Directors 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 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, 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 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 pages three and 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 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 company or to cease operations, or have no realistic alternative but to do so.

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 approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other

management, and from our commercial knowledge and experience of the client's operating sector;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, employment, environmental and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of

management; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to

instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to their knowledge of actual, suspected and alleged fraud; and

- reviewing the client's system notes and internal controls.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates set out in note 3 were indicative of potential bias;

- investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- reading the minutes of meetings of those charged with governance;

- enquiring of management as to actual and potential litigation and claims;

- reviewing correspondence with HMRC.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

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.

Aled Davies FCCA (Senior Statutory Auditor)

for and on behalf of D.R.E. & Co. (Audit) Limited

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

1 September 2025

TURNOVER

20,860,911

20,561,672

Cost of sales

(16,246,435

)

(18,613,151

)

GROSS PROFIT

4,614,476

1,948,521

Administrative expenses

(2,420,164

)

(1,060,412

)

2,194,312

888,109

Other operating income

39,333

52,694

OPERATING PROFIT

5

2,233,645

940,803

Interest receivable and similar income

71,029

37,805

PROFIT BEFORE TAXATION

2,304,674

978,608

Tax on profit

6

(484,147

)

294,952

PROFIT FOR THE FINANCIAL YEAR

1,820,527

1,273,560

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,820,527

1,273,560

FIXED ASSETS

Tangible assets

8

932,944

982,488

CURRENT ASSETS

Stocks

9

9,350

9,350

Debtors

10

5,210,936

7,080,382

Cash at bank

6,491,258

3,466,210

11,711,544

10,555,942

CREDITORS

Amounts falling due within one year

11

6,035,095

6,016,796

NET CURRENT ASSETS

5,676,449

4,539,146

TOTAL ASSETS LESS CURRENT LIABILITIES

6,609,393

5,521,634

PROVISIONS FOR LIABILITIES

13

112,325

121,760

NET ASSETS

6,497,068

5,399,874

CAPITAL AND RESERVES

Called up share capital

14

320

170

Capital redemption reserve

15

30

30

Retained earnings

15

6,496,718

5,399,674

SHAREHOLDERS' FUNDS

6,497,068

5,399,874

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

S P Owen - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 April 2023

170

4,708,284

30

4,708,484

Changes in equity

Dividends

-

(582,170

)

-

(582,170

)

Total comprehensive income

-

1,273,560

-

1,273,560

Balance at 31 March 2024

170

5,399,674

30

5,399,874

Changes in equity

Issue of share capital

150

-

-

150

Dividends

-

(723,483

)

-

(723,483

)

Total comprehensive income

-

1,820,527

-

1,820,527

Balance at 31 March 2025

320

6,496,718

30

6,497,068

1.	STATUTORY INFORMATION

Pave-Aways Limited is a private company, limited by shares incorporated in the UK and registered in England and Wales. The company's registered number and registered office address can be found on the Company information page.

The principal place of business is Avenue Mill, Knockin, Oswestry, Shropshire, SY10 8HQ.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements are presented in Sterling (£), rounded to the nearest pound.

Going Concern

The financial statements have been prepared under a going concern basis on the directors expectation that the company will continue to operate in the foreseeable future.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d);

•

the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

•

the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;

•

the requirements of paragraphs 26.18(b), 26.19 to 26.21 and 26.23;

•

the requirement of paragraph 33.7.

Significant judgements and estimates

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience. See note 10 for the net carrying amount of debtors.

Work in progress and long term contracts are considered significant accounting estimates and their policy is referred to separately within accounting policies.

Turnover

Turnover represents net invoiced work done, excluding value added tax. Sales relating to long term contracts are recognised to its stage of completion. Other sales are recognised at the point of completion of work done.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost and 15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Freehold property is stated under the valuation method.

Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

Stocks

Stocks and short term 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.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs, and then subsequently measured at amortised cost. Financial assets classified as receivable within one year are not amortised. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the assets has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including creditors and loans, 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 receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company makes contributions to employee's private pensions schemes and to a company directors scheme. Costs are allocated against profits as incurred.

Long-term contracts

In accordance with Financial Reporting Standard 102, turnover on long-term contracts is recognised according to the stage reached in the contract by reference to work done. A prudent estimate of the profit attributable to work completed is recognised once the outcome can be assessed with reasonable certainty. Amounts recoverable on contracts, being the excess of sales value of work executed over payments received on account are included within debtors. The cost of long-term contracts not yet taken to the profit and loss account less foreseeable losses and payments on account are shown in stock as long-term contract balances. Excess payments received are included in creditors.

Full provision is made for all foreseeable losses.

4.	EMPLOYEES AND DIRECTORS

31.3.25

31.3.24

£

£

Wages and salaries

2,531,708

2,925,522

Social security costs

254,013

293,062

Other pension costs

62,848

56,220

2,848,569

3,274,804

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

31.3.25

31.3.24

Administration

7

8

Production

59

67

66

75

31.3.25

31.3.24

£

£

Directors' remuneration

106,071

135,367

Directors' pension contributions to money purchase schemes

1,336

1,802

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

Money purchase schemes

3

3

5.	OPERATING PROFIT

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

31.3.25

31.3.24

£

£

Hire of plant and machinery

206,387

302,315

Depreciation - owned assets

85,518

101,256

(Profit)/loss on disposal of fixed assets

(2,803

)

2,046

Auditors' remuneration

14,550

13,600

Auditors' remuneration for non audit work

3,021

565

Other operating leases

16,598

17,177

6.

TAXATION

Analysis of the tax charge/(credit)

The tax charge/(credit) on the profit for the year was as follows:

31.3.25

31.3.24

£

£

Current tax:

UK corporation tax

482,977

(28,943

)

Adjustment for previous year

10,605

(250,486

)

Total current tax

493,582

(279,429

)

Deferred tax

(9,435

)

(15,523

)

Tax on profit

484,147

(294,952

)

Reconciliation of total tax charge/(credit) included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

31.3.25

31.3.24

£

£

Profit before tax

2,304,674

978,608

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

576,169

244,652

Effects of:

Expenses not deductible for tax purposes

301

676

Depreciation in excess of capital allowances

11,874

14,009

Utilisation of tax losses

(55,610

)

(207,236

)

Adjustments to tax charge in respect of previous periods

10,605

(250,486

)

Research & development

(50,000

)

(80,000

)

Deferred tax

(9,435

)

(15,523

)

Pension creditor adjustment

243

(436

)

Group relief

-

(608

)

Total tax charge/(credit)

484,147

(294,952

)

7.

DIVIDENDS

31.3.25

31.3.24

£

£

Ordinary 'A' shares shares of £1 each

Interim

560,000

500,000

Ordinary 'B' shares shares of £1 each

Interim

163,483

82,170

723,483

582,170

8.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

602,734

211,011

24,168

Additions

-

10,909

-

Disposals

-

(12,525

)

-

At 31 March 2025

602,734

209,395

24,168

DEPRECIATION

At 1 April 2024

20,484

139,658

11,424

Charge for year

825

11,601

3,150

Eliminated on disposal

-

(10,193

)

-

At 31 March 2025

21,309

141,066

14,574

NET BOOK VALUE

At 31 March 2025

581,425

68,329

9,594

At 31 March 2024

582,250

71,353

12,744

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

703,022

68,313

1,609,248

Additions

30,730

-

41,639

Disposals

(36,235

)

(6,279

)

(55,039

)

At 31 March 2025

697,517

62,034

1,595,848

DEPRECIATION

At 1 April 2024

406,651

48,543

626,760

Charge for year

63,420

6,522

85,518

Eliminated on disposal

(33,375

)

(5,806

)

(49,374

)

At 31 March 2025

436,696

49,259

662,904

NET BOOK VALUE

At 31 March 2025

260,821

12,775

932,944

At 31 March 2024

296,371

19,770

982,488

9.

STOCKS

31.3.25

31.3.24

£

£

Raw materials and consumables

9,350

9,350

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,064,871

4,192,725

Amounts owed by group undertakings

103,407

1,296,171

Amounts recoverable on contract

1,940,404

1,202,128

Directors' current accounts

50

20,000

Tax

-

275,499

Prepayments and accrued income

102,204

93,859

5,210,936

7,080,382

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,892,567

5,137,257

Tax

93,283

-

Social security and other taxes

1,003,612

829,458

Directors' current accounts

1,215

-

Accrued expenses

44,418

50,081

6,035,095

6,016,796

12.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

14,620

18,751

Between one and five years

3,080

7,700

17,700

26,451

13.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

112,325

121,760

Deferred

tax

£

Balance at 1 April 2024

121,760

Provision movement

(9,435

)

Balance at 31 March 2025

112,325