REGISTERED NUMBER: 03333756 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

C.W. Surfacing Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S H Wenham

Mr L C Wenham

Mrs L A Wenham

Mr C Wenham

REGISTERED OFFICE:

Trade Fair House

2 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

REGISTERED NUMBER:

03333756 (England and Wales)

ACCOUNTANTS:

Accsys Accountants Limited

Chartered Accountants

Trade Fair House

2 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Tangible assets

4

1,048,254

1,028,123

CURRENT ASSETS

Stocks

52,174

48,195

Debtors

5

1,269,886

1,498,129

Cash at bank

110,084

198,199

1,432,144

1,744,523

CREDITORS

Amounts falling due within one year

6

1,953,150

1,983,582

NET CURRENT LIABILITIES

(521,006

)

(239,059

)

TOTAL ASSETS LESS CURRENT LIABILITIES

527,248

789,064

CREDITORS

Amounts falling due after more than one year

7

194,614

283,030

NET ASSETS

332,634

506,034

CAPITAL AND RESERVES

Called up share capital

125

125

Retained earnings

332,509

505,909

332,634

506,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

Mr L C Wenham - Director

1.	STATUTORY INFORMATION

C.W. Surfacing Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 38 (2024 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,071,856

47,305

1,177,573

15,386

2,312,120

Additions

6,262

13,420

223,879

4,070

247,631

Disposals

(17,843

)

(27,478

)

(182,294

)

(2,346

)

(229,961

)

At 31 December 2024

1,060,275

33,247

1,219,158

17,110

2,329,790

DEPRECIATION

At 1 April 2024

564,778

29,381

685,753

4,085

1,283,997

Charge for period

41,010

3,657

104,706

2,043

151,416

Eliminated on disposal

(9,444

)

(22,012

)

(122,407

)

(14

)

(153,877

)

At 31 December 2024

596,344

11,026

668,052

6,114

1,281,536

NET BOOK VALUE

At 31 December 2024

463,931

22,221

551,106

10,996

1,048,254

At 31 March 2024

507,078

17,924

491,820

11,301

1,028,123

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Trade debtors

892,810

880,624

Other debtors

377,076

617,505

1,269,886

1,498,129

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Bank loans and overdrafts

66,355

94,977

Hire purchase contracts

168,184

210,028

Trade creditors

669,835

691,647

Taxation and social security

80,976

98,431

Other creditors

967,800

888,499

1,953,150

1,983,582

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.3.24

£

£

Bank loans

34,853

94,003

Hire purchase contracts

159,761

189,027

194,614

283,030

8.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £1,768.88.