Cemtec Construction Limited Company accounts

COMPANY REGISTRATION NUMBER: 04988893

CEMTEC CONSTRUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2024

CEMTEC CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

CONTENTS	PAGE

Officers and professional advisers	1

Directors' report	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	6

The following pages do not form part of the financial statements

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	11

CEMTEC CONSTRUCTION LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	Mr R J Carr
	Mrs C Carr

Company secretary	Mr R J Carr

Registered office	10 Green Dike
	Wigginton
	York
	YO32 2WW

Accountants	Townends Accountants LLP
	Chartered Accountants
	Fulford Lodge
	1 Heslington Lane
	Fulford
	York
	YO10 4HW

Bankers	The Royal Bank of Scotland
	6 Nessgate
	York
	YO1 9FY

CEMTEC CONSTRUCTION LIMITED

DIRECTORS' REPORT

YEAR ENDED 31 DECEMBER 2024

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

PRINCIPAL ACTIVITIES

The principal activity of the company during the year was that of building contractors and there has been no change in this activity during the year.

DIRECTORS

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

Mr R J Carr
Mrs C Carr

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 26 September 2025 and signed on behalf of the board by:

Mrs C Carr

Director

Registered office:

10 Green Dike

Wigginton

York

YO32 2WW

CEMTEC CONSTRUCTION LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

YEAR ENDED 31 DECEMBER 2024

	2024	2023
Note	£	£
TURNOVER	127,289	124,464

Cost of sales	84,639	74,767
	----------	----------
GROSS PROFIT	42,650	49,697

Administrative expenses	18,531	19,140
	--------	--------
OPERATING PROFIT	24,119	30,557

Other interest receivable and similar income		256	198
Interest payable and similar expenses		–	7
		--------	--------
PROFIT BEFORE TAXATION	5	24,375	30,748

Tax on profit	4,631	5,842
	--------	--------
PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE INCOME	19,744	24,906
	--------	--------

Dividends paid and payable	( 25,000)	( 25,000)

RETAINED EARNINGS AT THE START OF THE YEAR	8,680	8,774
	--------	--------
RETAINED EARNINGS AT THE END OF THE YEAR	3,424	8,680
	--------	--------

All the activities of the company are from continuing operations.

CEMTEC CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024		2023
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6		1,984		2,498

CURRENT ASSETS

Stocks		200	200
Debtors	7	20,281	494
Cash at bank and in hand		30,945	50,581
		--------	--------
		51,426	51,275

CREDITORS: amounts falling due within one year	8	49,589		44,598
		--------		--------
NET CURRENT ASSETS			1,837		6,677
			-------		-------
TOTAL ASSETS LESS CURRENT LIABILITIES			3,821		9,175

PROVISIONS

Taxation including deferred tax	377	475
	-------	-------
NET ASSETS	3,444	8,700
	-------	-------

CEMTEC CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

	2024		2023
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	20	20
Profit and loss account	3,424	8,680
	-------	-------
SHAREHOLDERS FUNDS	3,444	8,700
	-------	-------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Mr R J Carr

Director

Company registration number: 04988893

CEMTEC CONSTRUCTION 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 10 Green Dike, Wigginton, York, YO32 2WW.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of 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. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

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.

Current tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit and 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

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 entity after deduction all of its financial 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. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).

5. PROFIT BEFORE TAXATION

Profit before taxation is stated after charging:

	2024	2023
	£	£
Depreciation of tangible assets	664	872
	----	----

6. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 January 2024	3,776	2,343	17,722	23,841
Additions	–	150	–	150
	-------	-------	--------	--------
At 31 December 2024	3,776	2,493	17,722	23,991
	-------	-------	--------	--------
Depreciation
At 1 January 2024	3,354	1,819	16,170	21,343
Charge for the year	63	213	388	664
	-------	-------	--------	--------
At 31 December 2024	3,417	2,032	16,558	22,007
	-------	-------	--------	--------
Carrying amount
At 31 December 2024	359	461	1,164	1,984
	-------	-------	--------	--------
At 31 December 2023	422	524	1,552	2,498
	-------	-------	--------	--------

7. DEBTORS

	2024	2023
	£	£
Trade debtors	18,142	–
Other debtors	2,139	494
	--------	----
	20,281	494
	--------	----

8. CREDITORS: amounts falling due within one year

	2024	2023
	£	£
Accruals and deferred income	950	895
Corporation tax	4,729	5,850
Social security and other taxes	4,916	6,155
Directors current accounts	38,994	31,698
	--------	--------
	49,589	44,598
	--------	--------

9. RELATED PARTY TRANSACTIONS

During the year the directors made loans available to the company. The loans are interest free and repayable on demand. At the year end date the balance due to the directors totalled £ 38,995 (2023 - £ 31,699 ).

CEMTEC CONSTRUCTION LIMITED

MANAGEMENT INFORMATION

YEAR ENDED 31 DECEMBER 2024

The following pages do not form part of the financial statements.

CEMTEC CONSTRUCTION LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CEMTEC CONSTRUCTION LIMITED

YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cemtec Construction Limited for the year ended 31 December 2024, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Cemtec Construction Limited, as a body, in accordance with the terms of our engagement letter dated 18 September 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Cemtec Construction Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cemtec Construction Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cemtec Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cemtec Construction Limited. You consider that Cemtec Construction Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Cemtec Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Townends Accountants LLP Chartered Accountants

Fulford Lodge 1 Heslington Lane Fulford York YO10 4HW

26 September 2025