13 01/01/2024 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-01-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 04477142 2024-01-01 2024-12-31 04477142 2024-12-31 04477142 2023-12-31 04477142 2022-08-01 2023-12-31 04477142 2023-12-31 04477142 2022-07-31 04477142 bus:RegisteredOffice 2024-01-01 2024-12-31 04477142 bus:Director1 2024-01-01 2024-12-31 04477142 bus:Director2 2024-01-01 2024-12-31 04477142 bus:Director3 2024-01-01 2024-12-31 04477142 bus:CompanySecretary1 2024-01-01 2024-12-31 04477142 core:WithinOneYear 2024-12-31 04477142 core:WithinOneYear 2023-12-31 04477142 core:AfterOneYear 2023-12-31 04477142 core:ShareCapital 2024-12-31 04477142 core:ShareCapital 2023-12-31 04477142 core:RetainedEarningsAccumulatedLosses 2024-12-31 04477142 core:RetainedEarningsAccumulatedLosses 2023-12-31 04477142 bus:SmallEntities 2024-01-01 2024-12-31 04477142 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04477142 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04477142 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04477142 bus:AbridgedAccounts 2024-01-01 2024-12-31 04477142 core:PlantMachinery 2024-01-01 2024-12-31 04477142 core:MotorVehicles 2024-01-01 2024-12-31
Company registration number: 04477142
ARMAC ENVIRONMENTAL LIMITED
Unaudited filleted abridged financial statements
For the Year Ended
31 December 2024
ARMAC ENVIRONMENTAL LIMITED
Directors and other information

| Directors | Mr M I Dudley
|  | Mr N McLean
|  | Mr A McLean
| Secretary | Mr N McLean
| Company number | 04477142
| Registered office | Stonebridge House
|  | Kenilworth Road
|  | Meriden
|  | West Midlands
|  | CV7 7LJ

ARMAC ENVIRONMENTAL LIMITED
Abridged statement of financial position
31 December 2024

|  |  | 31/12/24 |  |  |  | 31/12/23 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 113,322 |  |  |  | 107,377 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 113,322 |  |  |  | 107,377
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 6 | 1,473,319 |  |  |  | 1,230,850 |  |
Cash at bank and in hand |  |  | 64,616 |  |  |  | 110,303 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 1,537,935 |  |  |  | 1,341,153 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 241,902) |  |  |  | ( 259,508) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 1,296,033 |  |  |  | 1,081,645
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 1,409,355 |  |  |  | 1,189,022
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 8 |  |  | - |  |  |  | ( 9,028)
Provisions for liabilities |  |  |  |  | ( 20,321) |  |  |  | ( 17,589)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 1,389,034 |  |  |  | 1,162,405
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 3 |  |  |  | 3
Profit and loss account |  |  |  |  | 1,389,031 |  |  |  | 1,162,402
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 1,389,034 |  |  |  | 1,162,405
|  |  |  |  | _______ |  |  |  | _______

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 have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:
Mr N McLean
Director
Company registration number: 04477142
ARMAC ENVIRONMENTAL LIMITED
Notes to the financial statements
Year ended 31 December 2024
1. Accounting policies
2. Company information
ARMAC ENVIRONMENTAL LIMITED is a private company limited by shares incorporated in England and Wales. The registered office is Stonebridge House, Kenilworth Road, Meriden, West Midlands, CV7 7LJ.
3. Accounting Convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Tangible assets
tangible assets are initially measured at cost and are subsequently measured at cost or valuation, net of depreciation and impairment losses.
Depreciation
Depreciation is recognised so as to write off the cost or valuation of an asset, less their residual value over their useful lives on the following basis:

| Plant and machinery | - | 20-25% Reducing balance |
| Motor vehicles | - | 25% Reducing balance |

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
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 profit or loss, 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 profit or loss, 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 measured at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 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 debt 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.
Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Derivates
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship. A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
Employee Benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Retirement Benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases. Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. In the course of preparing the financial statements, a key judgement was made in the process of applying the Company's accounting policies, or other key sources of estimation uncertainty in the reporting period, which related to the estimating for tipping and management charges, the directors estimated that the recharge should be based on a % of actual costs incurred.
4. Employee numbers
The average number of persons (including directors) employed by the company during the year was 13 (2023: 13).
5. Tangible assets

|  | £ |  |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 January 2024 | 370,292 |  |  |  |  |  |
| Additions | 32,329 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 December 2024 | 402,621 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 January 2024 | 262,915 |  |  |  |  |  |
| Charge for the year | 26,385 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 December 2024 | 289,300 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 December 2024 | 113,322 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 December 2023 | 107,377 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |

6. Debtors

|  |  | 31/12/24 | 31/12/23
|  |  | £ | £
| Trade debtors |  | 1,415,584 | 1,179,301
| Other debtors |  | 57,735 | 51,549
|  |  | _______ | _______
|  |  | 1,473,319 | 1,230,850
|  |  | _______ | _______

7. Creditors: amounts falling due within one year
Year Ended Period Ended

|  |  | 31/12/24 | 31/12/23
|  |  | £ | £
| Trade creditors |  | 121,162 | 90,801
| Corporation tax |  | 72,812 | 125,573
| Social security and other taxes |  | 14,610 | 13,939
| Obligations under finance leases |  | 9,028 | 21,667
| Other creditors |  | 24,290 | 7,528
|  |  | _______ | _______
|  |  | 241,902 | 259,508
|  |  | _______ | _______

8. Creditors: amounts falling due after more than one year
Year Ended Period Ended

|  |  | 31/12/24 | 31/12/23
|  |  | £ | £
| Other creditors |  | - | 9,028
|  |  | _______ | _______

9. Related party transactions
During the year the company traded, on an arm's length basis with Armac Demolition Limited, related party of Armac Environmental Limited, due to common directorships as follows:

|  | Transaction value |
|  | Year Ended | Period Ended
|  | ended | ended
|  | 31/12/24 | 31/12/23
|  | £ | £
| Sales to | 1,444,280 | 2,806,540
|  | _______ | _______