REGISTERED NUMBER: 10337176 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ADVANCED PAVING AND CONSTRUCTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Freeman

SECRETARY:

L G A Freeman

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

REGISTERED NUMBER:

10337176 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Intangible assets

4

4,400

6,600

Tangible assets

5

777,853

719,813

Investments

6

153,199

71,800

935,452

798,213

CURRENT ASSETS

Debtors

7

537,410

473,118

Cash at bank and in hand

116,584

212,952

653,994

686,070

CREDITORS

Amounts falling due within one year

8

343,706

356,579

NET CURRENT ASSETS

310,288

329,491

TOTAL ASSETS LESS CURRENT LIABILITIES

1,245,740

1,127,704

CREDITORS

Amounts falling due after more than one year

9

(50,093

)

(85,894

)

PROVISIONS FOR LIABILITIES

(193,035

)

(178,346

)

NET ASSETS

1,002,612

863,464

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

1,002,512

863,364

SHAREHOLDERS' FUNDS

1,002,612

863,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

N Freeman - Director

1.	STATUTORY INFORMATION

Advanced Paving and Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address 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.

Turnover

Turnover represents contracting income and is recognised on the completion of work performed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or their lease term, whichever is the shorter.

The interest element of these obligations is charged to the statement of income and retained earnings over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the statement of income and retained earnings on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates an auto-enrolment pension scheme. Contributions payable to the company's pension scheme are charged to the statement of income and retained earnings in the period to which they relate.

Investments

Investment loans are recorded at cost with the interest element of the loan charged to the statement of income and retained earnings over the relevant period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

22,000

AMORTISATION

At 1 April 2024

15,400

Charge for year

2,200

At 31 March 2025

17,600

NET BOOK VALUE

At 31 March 2025

4,400

At 31 March 2024

6,600

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

1,119,620

Additions

217,193

Disposals

(23,500

)

At 31 March 2025

1,313,313

DEPRECIATION

At 1 April 2024

399,807

Charge for year

141,129

Eliminated on disposal

(5,476

)

At 31 March 2025

535,460

NET BOOK VALUE

At 31 March 2025

777,853

At 31 March 2024

719,813

The net book value of tangible fixed assets includes £ 393,933 (2024 - £ 422,361 ) in respect of assets held under hire purchase contracts.

6.	FIXED ASSET INVESTMENTS

Other

loans

£

At 1 April 2024

71,800

New in year

81,399

At 31 March 2025

153,199

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

162,289

146,398

Other debtors

375,121

326,720

537,410

473,118

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,066

9,010

Hire purchase contracts

96,290

84,752

Trade creditors

4,999

173,255

Taxation and social security

96,104

67,969

Other creditors

137,247

21,593

343,706

356,579

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,766

11,888

Hire purchase contracts

47,327

74,006

50,093

85,894

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

-

24,021

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

143,617

158,758

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100