Clarke Construction (Services) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Clarke Construction (Services) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07443528 . The registered office is Crestacre, Barracks Lane, Walsall Wood, WS9 9DL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Motor Vehicles	33% reducing balance
Computer Equipment	33% straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. 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.

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Clarke Construction (Services) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 18)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	20,000

As at 31 March 2025	20,000

Amortisation
As at 1 April 2024	20,000

As at 31 March 2025	20,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

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Clarke Construction (Services) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	55,675	23,145	78,820

As at 31 March 2025	55,675	23,145	78,820

Depreciation
As at 1 April 2024	43,193	22,177	65,370
Provided during the period	4,119	936	5,055

As at 31 March 2025	47,312	23,113	70,425

Net Book Value
As at 31 March 2025	8,363	32	8,395

As at 1 April 2024	12,482	968	13,450

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	8,363	12,482

6. Stocks

	2025	2024
	£	£
Work in progress	87,281	7,656

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	762,832	411,352
Amounts owed by group undertakings	92,730	67,654
Other debtors	86,299	184,360

	941,861	663,366

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,059	21,015
Trade creditors	204,464	95,602
Bank loans and overdrafts	32,323	23,200
Amounts owed to group undertakings	318,027	143,446
Other creditors	236,875	181,158
Taxation and social security	122,258	57,420

	921,006	521,841

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Clarke Construction (Services) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	15,168	22,191
Bank loans	65,784	104,349

	80,952	126,540

Secured Debts

Included within creditors is a bank loan of £86,439 (2024: £105,833) which is secured by a general floating charge over all the company's assets and undertakings.

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,059	21,015
Later than one year and not later than five years	15,168	22,191

	22,227	43,206

	22,227	43,206

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
60 Ordinary A shares of £ 1.00 each	60	60
33 Ordinary B shares of £ 1.00 each	33	33
40 Ordinary C shares of £ 1.00 each	40	40

	133	133

12. Related Party Transactions

Amounts owed by group undertakings are as follows:

	2025	2024
	£	£
Clarke Concrete Services Limited	82,097	67,618
Ingeni Renewables Limited	1,428	36
JPE Electrical Services Ltd	9,205	-

Totals	92,730	67,654

...CONTINUED

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Clarke Construction (Services) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Related Party Transactions - continued

Amounts owed to group undertakings are as follows:

	2025	2024
	£	£
Clarke Construction (Services) Lichfield Limited	294,690	-
CCS Plant Limited	23,337	92,913
JPE Electrical Services Ltd	-	42,309
Clarke Concrete Services Limited		8,224

Totals	318,027	143,446

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		8,395		13,450

			8,395		13,450
CURRENT ASSETS
Stocks	6	87,281		7,656
Debtors	7	941,861		663,366
Cash at bank and in hand		258,296		217,272

		1,287,438		888,294
Creditors: Amounts Falling Due Within One Year	8	(921,006 )		(521,841 )

NET CURRENT ASSETS (LIABILITIES)			366,432		366,453

TOTAL ASSETS LESS CURRENT LIABILITIES			374,827		379,903

Creditors: Amounts Falling Due After More Than One Year	9		(80,952 )		(126,540 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,253 )		(3,363 )

NET ASSETS			291,622		250,000

CAPITAL AND RESERVES
Called up share capital	11		133		133
Share premium account			7,967		7,967
Capital redemption reserve			20		20
Profit and Loss Account			283,502		241,880

SHAREHOLDERS' FUNDS			291,622		250,000