REGISTERED NUMBER: 10745226 (England and Wales)

Capital Construction Products Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

P Greene

J Greene

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

10745226 (England and Wales)

Fixed assets

Tangible assets

4

739,922

589,673

Current assets

Stocks

1,076,088

764,864

Debtors

5

940,222

1,200,364

Cash in hand

389,350

401,018

2,405,660

2,366,246

Creditors

Amounts falling due within one year

6

808,071

1,077,610

Net current assets

1,597,589

1,288,636

Total assets less current liabilities

2,337,511

1,878,309

Creditors

Amounts falling due after more than one year

7

(306,340

)

(92,887

)

Provisions for liabilities

(133,058

)

(147,418

)

Net assets

1,898,113

1,638,004

Capital and reserves

Called up share capital

8

100

100

Preference shares

9

200,000

200,000

Retained earnings

9

1,698,013

1,437,904

Shareholders' funds

1,898,113

1,638,004

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

The members have not required the Company to obtain an audit of its financial statements for the year 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

P Greene - Director

1.	Statutory information

Capital Construction Products Limited is a private company limited by shares incorporated in England and Wales. The Company's registered office and registered number 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.

The financial statements are prepared in Pound Sterling (£), which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.Turnover is recognised on the accrual basis of accounting.

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

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Impairment of fixed assets

At each reporting period end date, the Company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in the Income Statement, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in the Income Statement, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Stocks

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

Stocks are recognised on a first in first out (FIFO) basis.

Financial instruments

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

Financial instruments are recognised in the Company's Balance Sheet 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

Basic financial assets, which include debtors 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 unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the dent instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income StatementIncome 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.

Hire purchase and leasing commitments

Assets obtained under finance leases are capitalised in the Balance Sheet. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the Income Statement over the relative period. The capital element of the future payments is treated as a liability.

Rentals under operating leases are charged to the Income Statement on a straight line basis over the lease term.

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 the Income Statement in the period to which they relate to.

Amounts are held in a separately administrated fund from the Company.

Going concern

The current economic conditions, present increased risks for all businesses. In response to such conditions, the director has carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

After making enquiries, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3.	Employees and directors

The average number of employees during the year was 23 (2023 - 28 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

61,704

33,702

789,352

85,149

969,907

Additions

-

-

390,862

19,522

410,384

Disposals

-

-

(225,501

)

-

(225,501

)

At 31 December 2024

61,704

33,702

954,713

104,671

1,154,790

Depreciation

At 1 January 2024

38,460

26,161

296,349

19,264

380,234

Charge for year

11,083

2,739

230,152

16,161

260,135

Eliminated on disposal

-

-

(225,501

)

-

(225,501

)

At 31 December 2024

49,543

28,900

301,000

35,425

414,868

Net book value

At 31 December 2024

12,161

4,802

653,713

69,246

739,922

At 31 December 2023

23,244

7,541

493,003

65,885

589,673

There was a net book value of £461,427 (2023: £208,872) of assets under hire purchase as at the balance sheet date.

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

893,982

1,006,082

Other debtors

20,192

20,100

RBS invoice discounting

907

90,361

Prepayments and accrued income

25,141

83,821

940,222

1,200,364

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Hire purchase contracts

88,301

98,334

Trade creditors

272,823

276,801

Tax

101,464

78,382

Social security and other taxes

130,811

87,185

Other creditors

104,789

352,113

Accruals and deferred income

109,883

184,795

808,071

1,077,610

7.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Hire purchase contracts

306,340

92,887

8.	Called up share capital

Allotted and issued:

Number:

Class:

Nominal

2024

2023

Value:

£

£

1,000

Ordinary A

£0.10

100

100

1

Ordinary B

£0.10

0.1

0.1

1

Ordinary C

£0.10

0.1

0.1

1

Ordinary D

£0.10

0.1

0.1

9.

Reserves

Retained

Preference

earnings

shares

Totals

£

£

£

At 1 January 2024

1,437,904

200,000

1,637,904

Profit for the year

280,192

280,192

Dividends

(20,083

)

(20,083

)

At 31 December 2024

1,698,013

200,000

1,898,013

10.	Directors' advances, credits and guarantees

Included in other creditors at the year end was £83,878 owed to the directors (2023: £369,320).

11.	Ultimate controlling party

The Company is equally controlled by the directors.