K Rouse Civil Engineers Limited Company accounts

COMPANY REGISTRATION NUMBER: 3289662

K Rouse Civil Engineers Limited

Financial Statements

31 December 2024

K Rouse Civil Engineers Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Officers and professional advisers	1

Strategic report	2

Directors' report	3

Independent auditor's report to the members	5

Statement of income and retained earnings	9

Statement of financial position	10

Statement of cash flows	11

Notes to the financial statements	12

K Rouse Civil Engineers Limited

Officers and Professional Advisers

The board of directors	Mr K P Rouse
	Mr J Kingston
	Mr N I Wood
	Mr J J Whelan

Company secretary	Mr J Kingston

Registered office	8 Carr Crofts Drive
	Armley
	Leeds
	LS12 3AL

Auditor	Birdsall & Bennett LLP
	Chartered accountants & statutory auditor
	12A-16 North Street
	Wetherby
	LS22 6NN

Bankers	Handelsbanken
	5th Floor
	3 The Embankment
	Sovereign Street
	Leeds
	LS1 4BJ

K Rouse Civil Engineers Limited

Strategic Report

Year ended 31 December 2024

The directors present the strategic report and financial statements for the year ended 31 December 2024. The principal activity of the company during the year is that of civil engineers.

Fair Review of the Business The directors aim to present a balanced and comprehensive review of the development and performance of the company during the year and its position at the year end. The review is consistent with the size and non-complex nature of the company and is written in the context of the risks and uncertainties we face. The company continues to work for long established clients including Rouse Homes Limited which enables it to maintain a continued workload.

The profit after taxation for the year amounted to £1,618,641 (2023 £409,102). The directors consider the company's key financial performance indicators are as follows: Turnover £28,067,343 (2023 £17,149,717) Gross profit £4,471,104 (2023 £2,528,428) Operating profit £2,154,348 (2023 £537,043) Net worth £7,618,672 (2023 £6,000,031)

Principal Risks and Uncertainties The company uses various financial instruments, which include cash at bank, trade debtors and trade creditors that arise from its operations. The existence of these financial instruments exposes the company to a number of financial risks. These are mainly liquidity and credit risk. The company manages liquidity risk by ensuring sufficient liquidity is available to meet foreseeable needs and credit risk is managed via strict credit control procedures. Future Developments The Directors are confident that the company will continue with its growth in the current financial year.

This report was approved by the board of directors on 18 September 2025 and signed on behalf of the board by:

Mr K P Rouse	Mr J Kingston
Director	Company Secretary

Registered office:

8 Carr Crofts Drive

Armley

Leeds

LS12 3AL

K Rouse Civil Engineers Limited

Directors' Report

Year ended 31 December 2024

The directors present their report and the financial statements of the company for the year ended 31 December 2024 .

Principal activities

The principal activity of the company during the year is that of civil engineers.

Directors

The directors who served the company during the year were as follows:

Mr K P Rouse
Mr J Kingston
Mr N I Wood
Mr J J Whelan

Dividends

The directors do not recommend the payment of a dividend.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report 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 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 judgments 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. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 18 September 2025 and signed on behalf of the board by:

Mr K P Rouse	Mr J Kingston
Director	Company Secretary

Registered office:

8 Carr Crofts Drive

Armley

Leeds

LS12 3AL

K Rouse Civil Engineers Limited

Independent Auditor's Report to the Members of K Rouse Civil Engineers Limited

Year ended 31 December 2024

Opinion

We have audited the financial statements of K Rouse Civil Engineers Limited (the 'company') for the year ended 31 December 2024 which comprise the statement of income and retained earnings, statement of financial position, statement of cash flows and the related notes, 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 FRS 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 December 2024 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - 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 auditor's 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 other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report 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 directors' report. We have nothing to report in respect of the following matters in relation to which 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 directors' responsibilities statement, 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 is 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.

Auditor's 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 an auditor’s report 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. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: The audit process includes an assessment of the entity's risk environment, through enquiry of and discussion with management, including an assessment of any key laws and regulations with which the company must comply in the ordinary course of its business. We have concluded that there are no such key laws and regulations that are particular to the company's activities. Additionally, the overall risks of irregular transactions occurring are assessed following our observations and confirmation of the design and implementation of management's controls. Whilst we are mindful of these risks, our audit focus is geared towards the risk of material misstatement in the financial statements as a whole. As such our procedures cannot guarantee that all transactions have been fully compliant with all relevant laws and regulations, including those regulations relating to fraud, as our procedures are not designed to detect all instances of non-compliance. Nevertheless, nothing has come to our attention that has given us significant cause for concern in the course of the procedures we have undertaken in order to give our opinion on whether the financial statements are free from material misstatement, as noted above. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 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 an auditor's report 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.

Mr Nicholas Birdsall

(Senior Statutory Auditor)

For and on behalf of

Birdsall & Bennett LLP

Chartered accountants & statutory auditor

12A-16 North Street

Wetherby

LS22 6NN

18 September 2025

K Rouse Civil Engineers Limited

Statement of Income and Retained Earnings

Year ended 31 December 2024

		2024	2023
Note		£	£
Turnover	4	28,067,343	17,149,717

Cost of sales	23,596,239	14,621,289
	-------------	-------------
Gross profit	4,471,104	2,528,428

Administrative expenses	2,316,756	1,994,175
	------------	------------
Operating profit	2,154,348	534,253

Other interest receivable and similar income	8	3,965	2,790
		------------	------------
Profit before taxation		2,158,313	537,043

Tax on profit	9	539,672	127,941
		------------	---------
Profit for the financial year and total comprehensive income		1,618,641	409,102
		------------	---------

Retained earnings at the start of the year	5,999,931	5,590,829
	------------	------------
Retained earnings at the end of the year	7,618,572	5,999,931
	------------	------------

All the activities of the company are from continuing operations.

K Rouse Civil Engineers Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Current assets

Debtors	10	9,854,561	6,908,419
Cash at bank and in hand		241,212	230,778
		-------------	------------
		10,095,773	7,139,197

Creditors: amounts falling due within one year	11	2,477,101		1,139,166
		-------------		------------
Net current assets			7,618,672	6,000,031
			------------	------------
Total assets less current liabilities			7,618,672	6,000,031
			------------	------------
Net assets			7,618,672	6,000,031
			------------	------------

Capital and reserves

Called up share capital	13	100	100
Profit and loss account	14	7,618,572	5,999,931
		------------	------------
Shareholders funds		7,618,672	6,000,031
		------------	------------

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

These financial statements were approved by the board of directors and authorised for issue on 18 September 2025 , and are signed on behalf of the board by:

Mr K P Rouse
Director

Company registration number: 3289662

K Rouse Civil Engineers Limited

Statement of Cash Flows

Year ended 31 December 2024

	2024	2023
	£	£

Cash flows from operating activities

Profit for the financial year	1,618,641	409,102

Adjustments for:
Other interest receivable and similar income	( 3,965)	( 2,790)
Tax on profit	539,672	127,941
Accrued expenses	–	4,572

Changes in:
Trade and other debtors	( 2,946,142)	( 797,259)
Trade and other creditors	926,214	213,918
	------------	---------
Cash generated from operations	134,420	( 44,516)

Interest received	3,965	2,790
Tax paid	( 127,951)	( 39,114)
	---------	--------
Net cash from/(used in) operating activities	10,434	( 80,840)
	---------	--------

Net increase/(decrease) in cash and cash equivalents	10,434	( 80,840)
Cash and cash equivalents at beginning of year	230,778	311,618
	---------	---------
Cash and cash equivalents at end of year	241,212	230,778
	---------	---------

K Rouse Civil Engineers Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Carr Crofts Drive, Armley, Leeds, LS12 3AL.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end. Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred. When it is probable that total contract costs will exceed total contract revenue, the expected loss is expensed immediately, with a corresponding provision for an onerous contract being recognised. The entity uses the percentage of completion method to determine the amounts to be recognised in the period. The stage of completion is measured by reference to the contract costs incurred up to the end of the reporting period as a percentage of total estimated costs for each contract.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2024	2023
	£	£
Construction contracts	28,067,343	17,149,717
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Auditor's remuneration

	2024	2023
	£	£
Fees payable for the audit of the financial statements	9,815	9,500
	-------	-------

6. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2024	2023
	No.	No.
Production staff	101	89
Administrative staff	4	4
Management staff	5	5
	----	----
	110	98
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2024	2023
	£	£
Wages and salaries	4,582,931	3,343,960
Social security costs	639,611	531,875
Other pension costs	145,342	142,587
	------------	------------
	5,367,884	4,018,422
	------------	------------

7. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2024	2023
	£	£
Remuneration	644,337	590,878
	---------	---------

Remuneration of the highest paid director in respect of qualifying services:

	2024	2023
	£	£
Aggregate remuneration	236,312	170,000
	---------	---------

8. Other interest receivable and similar income

	2024	2023
	£	£
Interest on cash and cash equivalents	3,965	2,790
	-------	-------

9. Tax on profit

Major components of tax expense

	2024	2023
	£	£

Current tax:

UK current tax expense	539,672	127,941
	---------	---------
Tax on profit	539,672	127,941
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2023: higher than) the standard rate of corporation tax in the UK of 25 % (2023: 23.52 %).

	2024	2023
	£	£
Profit on ordinary activities before taxation	2,158,313	537,043
	------------	---------
Profit on ordinary activities by rate of tax	539,578	126,315
Effect of expenses not deductible for tax purposes	236	1,789
Effect of capital allowances and depreciation	( 142)	( 163)
	------------	---------
Tax on profit	539,672	127,941
	------------	---------

10. Debtors

	2024	2023
	£	£
Trade debtors	3,048,466	1,846,707
Amounts owed by undertakings in which the company has a participating interest	6,314,804	4,610,558
Prepayments and accrued income	235,099	269,884
Directors loan account	49,117	38,836
Other debtors	207,075	142,434
	------------	------------
	9,854,561	6,908,419
	------------	------------

11. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,390,482	783,914
Accruals and deferred income	31,849	31,849
Corporation tax	539,672	127,951
Social security and other taxes	422,506	162,363
Other creditors	92,592	33,089
	------------	------------
	2,477,101	1,139,166
	------------	------------

12. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 145,342 (2023: £ 142,587 ).

13. Called up share capital

Authorised share capital

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	10,000	10,000	10,000	10,000
	--------	--------	--------	--------

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

14. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

15. Analysis of changes in net debt

	At 1 Jan 2024	Cash flows	At 31 Dec 2024
	£	£	£
Cash at bank and in hand	230,778	10,434	241,212
	---------	--------	---------

16. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2024	2023
	£	£
Not later than 1 year	18,000	18,000
	--------	--------

17. Contingencies

The company has guaranteed the borrowings of European Plant Limited, a company controlled by Mr K P Rouse . The amount guaranteed at the year end was £5,085,025 (2023 £6,537,358).

18. Directors' advances, credits and guarantees

The overdrawn directors current account was repaid in full shortly after the year end. The maximum balance during the year was £49,116 (2023 £49,865).

19. Related party transactions

During the year the company traded with Rouse Homes Ltd to the value of £1,678,188 sales (2023 £2,542,438) and the amount owed by Rouse Homes Ltd at 31 December 2024 was £6,295,617 (2023 £4,591,371). Rouse Homes Ltd is owned and controlled by Mr K Rouse. During the year the company traded with European Plant Ltd to the value of £3,109,915 purchases (2023 £1,946,500) and the amount owed by European Plant Ltd at 31 December 2024 was £nil (2023 £nil). European Plant Ltd is owned and controlled by Mr K P Rouse. During the year the company traded with K Rouse European Plant Services to the value of £2,095,631 purchases (2023 £1,742,692) and the amount owed to K Rouse European Plant Services at 31 December 2024 was £nil (2023 £nil). European Plant Services is owned and controlled by Mr K P Rouse. All of the above transactions were conducted on normal commercial terms.

20. Controlling party

The company was under the control of Mr K P Rouse throughout the current and previous year.