Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Donal O'Riain
Conor O'Riain

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 May 2025

And signed on behalf of the board by:
Name: Donal O'Riain
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	2,646,942	2,292,594
Cost of sales:	0	0
Gross profit(or loss):	2,646,942	2,292,594
Distribution costs:	0	0
Administrative expenses:	( 1,945,032 )	( 1,606,131 )
Other operating income:	0	0
Operating profit(or loss):	701,910	686,463
Interest receivable and similar income:	0	0
Interest payable and similar charges:	( 6,242 )	( 24,557 )
Profit(or loss) before tax:	695,668	661,906
Tax:	( 160,881 )	( 162,613 )
Profit(or loss) for the financial year:	534,787	499,293

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	335,714	63,313
Investments:		0	0
Total fixed assets:		335,714	63,313
Current assets
Stocks:		0	0
Debtors:	4	7,233,035	10,484,379
Cash at bank and in hand:		2,898,609	2,853,530
Investments:		0	0
Total current assets:		10,131,644	13,337,909
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 8,305,077 )	( 11,773,727 )
Net current assets (liabilities):		1,826,567	1,564,182
Total assets less current liabilities:		2,162,281	1,627,495
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		2,162,281	1,627,495
Capital and reserves
Called up share capital:		100	100
Share premium account:		0	0
Other reserves:		0	0
Profit and loss account:		2,162,181	1,627,395
Total Shareholders' funds:		2,162,281	1,627,495

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  The Company is engaged under an exclusive Sales & Distribution Agreement, with Ecocem Materials Limited (EML) and Ecocem France SAS (EF), to sell bulk Ground Granulated Blast Furnace Slag (GGBS) in the UK. Under this arrangement, the Company acts as an agent for EML and EF. Turnover represents the value of such services provided, exclusive of any value added tax.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses

  Other accounting policies

  The directors are satisfied that the group and company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements and for this reason the company financial statements have been prepared on a going concern basis.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	4	3