G.E. Scragg and Sons Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 4363135

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		320,769		318,079

			320,769		318,079
CURRENT ASSETS
Stocks	5	5,498		-
Debtors	6	182,755		154,355
Cash at bank and in hand		43,835		131,736

		232,088		286,091
Creditors: Amounts Falling Due Within One Year	7	(90,445 )		(101,871 )

NET CURRENT ASSETS (LIABILITIES)			141,643		184,220

TOTAL ASSETS LESS CURRENT LIABILITIES			462,412		502,299

Creditors: Amounts Falling Due After More Than One Year	8		(7,500 )		(17,500 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(17,684 )		(13,308 )

NET ASSETS			437,228		471,491

CAPITAL AND RESERVES
Called up share capital	10		20		20
Profit and Loss Account			437,208		471,471

SHAREHOLDERS' FUNDS			437,228		471,491

Page 1

Page 2

G.E. Scragg and Sons Ltd.

Balance Sheet (continued)

As At 31 December 2024

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Wayne Scragg

Director

30/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

G.E. Scragg and Sons Ltd. Registered number 4363135 is a limited by shares company incorporated in England & Wales. The Registered Office is Bucknall Garage, Pennell Street, Stoke-on-Trent, Staffordshire, ST2 9BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	4% straight line
Plant & Machinery	25% straight line
Motor Vehicles	At rates between 20% and 25% staight line
Fixtures & Fittings	25% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2023: 20)

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Page 4

G.E. Scragg and Sons Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	429,515	487,011	34,546	951,072
Additions	-	72,500	-	72,500

As at 31 December 2024	429,515	559,511	34,546	1,023,572

Depreciation
As at 1 January 2024	186,885	421,856	24,252	632,993
Provided during the period	17,181	45,260	7,369	69,810

As at 31 December 2024	204,066	467,116	31,621	702,803

Net Book Value
As at 31 December 2024	225,449	92,395	2,925	320,769

As at 1 January 2024	242,630	65,155	10,294	318,079

5. Stocks

	2024	2023
	£	£
Stock	5,498	-

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	21,073	43,588
Prepayments and accrued income	-	3,871
Other debtors	11,828	29,784
VAT	14,846	8,337
Amounts owed by associates	135,008	68,775

	182,755	154,355

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G.E. Scragg and Sons Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	-	3,833
Bank loans and overdrafts	10,000	10,000
Other taxes and social security	3,979	3,669
Accruals and deferred income	10,821	11,430
Directors' loan accounts	65,645	72,939

	90,445	101,871

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	7,500	17,500

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	17,684	13,308

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	20	20

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2024	2023
	£	£
Mrs Jean Scragg	1,000	5,000
Mr Kelvin Scragg	1,000	5,000
Mr Wayne Scragg	1,000	5,000

12. Dividends

	2024	2023
	£	£
On equity shares:
Interim dividend paid	4,000	20,000

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G.E. Scragg and Sons Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

13. Controlling Party

The company's controlling party is Mr G.E. Scragg by virtue of his ownership of 25 % of the issued share capital in the company.