IRIS Accounts Production v25.2.0.378 03958029 director 1.4.24 31.3.25 31.3.25 Medium entities Construction of roads and motorways true false true true false false true true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. Fair value model Ordinary type A 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03958029 2024-03-31 03958029 2025-03-31 03958029 2024-04-01 2025-03-31 03958029 2023-03-31 03958029 2023-04-01 2024-03-31 03958029 2024-03-31 03958029 ns15:EnglandWales 2024-04-01 2025-03-31 03958029 ns14:PoundSterling 2024-04-01 2025-03-31 03958029 ns10:Director1 2024-04-01 2025-03-31 03958029 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03958029 ns10:MediumEntities 2024-04-01 2025-03-31 03958029 ns10:Audited 2024-04-01 2025-03-31 03958029 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03958029 ns10:Medium-sizedCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03958029 ns10:FullAccounts 2024-04-01 2025-03-31 03958029 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 03958029 ns10:CompanySecretary1 2024-04-01 2025-03-31 03958029 ns10:RegisteredOffice 2024-04-01 2025-03-31 03958029 ns5:CurrentFinancialInstruments 2024-03-31 03958029 ns5:CurrentFinancialInstruments 2025-03-31 03958029 ns5:Non-currentFinancialInstruments 2024-03-31 03958029 ns5:Non-currentFinancialInstruments 2025-03-31 03958029 ns5:ShareCapital 2024-03-31 03958029 ns5:ShareCapital 2025-03-31 03958029 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03958029 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03958029 ns5:ShareCapital 2023-03-31 03958029 ns5:RetainedEarningsAccumulatedLosses 2023-03-31 03958029 ns5:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 03958029 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 03958029 ns5:PlantMachinery 2024-04-01 2025-03-31 03958029 ns5:FurnitureFittings 2024-04-01 2025-03-31 03958029 ns5:MotorVehicles 2024-04-01 2025-03-31 03958029 ns5:PlantEquipmentOtherAssetsUnderOperatingLeases 2024-04-01 2025-03-31 03958029 ns5:PlantEquipmentOtherAssetsUnderOperatingLeases 2023-04-01 2024-03-31 03958029 ns5:OwnedAssets 2024-04-01 2025-03-31 03958029 ns5:OwnedAssets 2023-04-01 2024-03-31 03958029 ns5:HirePurchaseContracts 2024-04-01 2025-03-31 03958029 ns5:HirePurchaseContracts 2023-04-01 2024-03-31 03958029 ns10:OrdinaryShareClass1 2023-04-01 2024-03-31 03958029 ns5:PlantMachinery 2024-03-31 03958029 ns5:FurnitureFittings 2024-03-31 03958029 ns5:MotorVehicles 2024-03-31 03958029 ns5:PlantMachinery 2025-03-31 03958029 ns5:FurnitureFittings 2025-03-31 03958029 ns5:MotorVehicles 2025-03-31 03958029 ns5:PlantMachinery 2024-03-31 03958029 ns5:FurnitureFittings 2024-03-31 03958029 ns5:MotorVehicles 2024-03-31 03958029 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03958029 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03958029 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-03-31 03958029 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-03-31 03958029 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2025-03-31 03958029 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2024-03-31 03958029 ns5:HirePurchaseContracts 2025-03-31 03958029 ns5:HirePurchaseContracts 2024-03-31 03958029 ns5:DeferredTaxation 2024-03-31 03958029 ns5:DeferredTaxation 2024-04-01 2025-03-31 03958029 ns5:DeferredTaxation 2025-03-31 03958029 ns10:OrdinaryShareClass1 2025-03-31 03958029 ns5:RetainedEarningsAccumulatedLosses 2024-03-31

REGISTERED NUMBER: 03958029 (England and Wales)

| STRATEGIC REPORT, REPORT OF THE DIRECTOR AND |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2025 |

| FOR |

| GILL CIVIL ENGINEERING LIMITED |

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Director | 4 |

| Report of the Independent Auditors | 5 |

| Statement of Comprehensive Income | 9 |

| Statement of Financial Position | 10 |

| Statement of Changes in Equity | 11 |

| Notes to the Financial Statements | 12 |

| GILL CIVIL ENGINEERING LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2025

| DIRECTOR: | R Gill

| SECRETARY: | Mrs A Kaur

| REGISTERED OFFICE: | Gill House

| 140 Holyhead Road

| Handsworth

| Birmingham

| West Midlands

| B21 0AF

| REGISTERED NUMBER: | 03958029 (England and Wales)

| AUDITORS: | Stanton Ralph & Co Limited

| Chartered Accountants

| Statutory Auditor

| The Old Police Station

| Whitburn Street

| Bridgnorth

| Shropshire

| WV16 4QP

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

STRATEGIC REPORT

FOR THE YEAR ENDED 31ST MARCH 2025

The director presents his strategic report for the year ended 31st March 2025.

REVIEW OF BUSINESS

The director is satisfied with the progress of the company during a challenging period.

The company maintains several key performance indicators in respect of cash flow, sales growth, gross margin, and profitability.

Cash available to the company has increased in the period to £2,660,534 (2024: £2,140,886).

Turnover has increased to £16,490,388 (2024: £14,759,133)

Gross profit margin has increased to 62.09% (2024: 40.08%)

The company produced profit after tax for the financial year to 31st March 2025 of £7,024,636 (2024: £1,212,989).

The company continues to be impacted by the UK and wider global economic markets. As a result these fluctuations in economy are felt within the companies trade. Currently the company remains optimistic and is experiencing robust demand, however it is difficult to predict that this will continue at current levels. The company is however committed to providing an exemplary service to its customers.

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

STRATEGIC REPORT

FOR THE YEAR ENDED 31ST MARCH 2025

PRINCIPAL RISKS AND UNCERTAINTIES

The process of risk acceptance and risk management is addressed through a framework of policies, procedures and internal controls. All policies are subject to Board approval and ongoing review by management. Compliance with regulations, legal and ethical standards is a high priority for the company and management are charged with reviewing this aspect of all company activities.

The company has developed a framework for identifying the risks that each business sector and the as a company whole, is exposed to. The company operates in a competitive market and is subject to normal commercial risks and uncertainties. The key risks are as follows:

Price Risk

The company may be affected by supplier price increases. The director is of the opinion that adherence to the company's purchasing policies, regular review and communication with major suppliers and negotiating where possible forward price increases for periods greater than 12 months mitigates this risk as far as possible.

Credit Risk

There is a risk of bad debts in the normal course of trading. The company operates practices to minimize this risk. All customers who wish to trade on credit terms are subject to credit verification procedures. Receivable balances are monitored closely on an ongoing basis and trade insurance policies are maintained where required and if available. Customer credit ratings are monitored using credit agencies and regular updates from our trade insurers.

Liquidity Risk

The company has bank and cash balances of £2,660,534 (2024: £2,140,886). The director is confident that the funding structure is sufficient for trading operations and future company expansion.

Market Risk

The company mitigates the risks that arise through competitive pressures by offering a service that is of high quality, through well trained staff, as well as competitively priced goods. The development of strong client relationships is actively pursued to maintain a strong loyal customer base.

Health & Safety risk

The company has dedicated health and safety staff, who along with external expert consultants continually monitor and update training of staff and workers and make procedural changes as required to best meet regulatory requirements.Further the company maintains appropriate employer and public liability insurances.

ON BEHALF OF THE BOARD:

R Gill - Director

14th October 2025

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

REPORT OF THE DIRECTOR

FOR THE YEAR ENDED 31ST MARCH 2025

The director presents his report with the financial statements of the company for the year ended 31st March 2025.

DIVIDENDS

Dividends of £6,200,000 (2024: £2,500,000) were paid during the year.

DIRECTOR

R Gill held office during the whole of the period from 1st April 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally

Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

R Gill - Director

14th October 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

GILL CIVIL ENGINEERING LIMITED

Opinion

We have audited the financial statements of Gill Civil Engineering Limited (the 'company') for the year ended 31st March 2025 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 31st March 2025 and of its profit for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

GILL CIVIL ENGINEERING LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of director's remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page four, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

GILL CIVIL ENGINEERING LIMITED

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, as outlined above, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and its likely future developments, including in relation to the legal and regulatory framework applicable and how the entity and is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

- enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud;

- reviewing minutes of meetings of those charged with governance;

- assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection;

- reviewing financial statement disclosures and testing to supporting documentation to assess compliance with laws and regulations; and

- performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

GILL CIVIL ENGINEERING LIMITED

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Darren Foot FCA (Senior Statutory Auditor)

for and on behalf of Stanton Ralph & Co Limited

Chartered Accountants

Statutory Auditor

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

14th October 2025

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

STATEMENT OF COMPREHENSIVE

INCOME

FOR THE YEAR ENDED 31ST MARCH 2025

| 31.3.24 |  | 31.3.25

£ |  | Notes | £ |

14,759,133 |  |  | TURNOVER | 16,490,388 |  |

8,844,332 |  |  | Cost of sales | 6,251,002 |  |

5,914,801 |  |  | GROSS PROFIT | 10,239,386 |  |

4,728,784 |  |  | Administrative expenses | 3,312,247 |  |

1,186,017 |  | 6,927,139 |  |

53,300 |  |  | Other operating income | 18,445 |  |

1,239,317 |  |  | OPERATING PROFIT | 5 | 6,945,584 |  |

276 |  |  | Interest receivable and similar income | 7,084 |  |

1,239,593 |  | 6,952,668 |  |

14,012 |  |  | Interest payable and similar expenses | 6 | 15,465 |  |

1,225,581 |  |  | PROFIT BEFORE TAXATION | 6,937,203 |  |

12,592 |  |  | Tax on profit | 7 | 1,654,251 |  |

1,212,989 |  |  | PROFIT FOR THE FINANCIAL YEAR | 5,282,952 |  |

- |  |  | OTHER COMPREHENSIVE INCOME | - |  |

1,212,989 |  |  | TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 5,282,952 |  |

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

STATEMENT OF FINANCIAL POSITION

31ST MARCH 2025

31.3.24 |  | 31.3.25 |

£ | £ |  | Notes | £ | £ |

| FIXED ASSETS

449,891 |  |  | Tangible assets | 9 | 374,257 |  |

| CURRENT ASSETS

642,863 |  |  | Stocks | 10 | 269,668 |  |

2,941,887 |  |  | Debtors | 11 | 4,212,403 |  |

2,140,886 |  |  | Cash at bank and in hand | 2,660,534 |  |

5,725,636 |  | 7,142,605 |  |

| CREDITORS

982,305 |  |  | Amounts falling due within one year | 12 | 3,345,100 |  |

4,743,331 |  |  | NET CURRENT ASSETS | 3,797,505 |  |

5,193,222 |  |  | TOTAL ASSETS LESS CURRENT LIABILITIES | 4,171,762 |  |

| CREDITORS

(168,791 | ) |  | Amounts falling due after more than one year | 13 | (74,294 | ) |

(65,152 | ) |  | PROVISIONS FOR LIABILITIES | 15 | (55,237 | ) |

4,959,279 |  |  | NET ASSETS | 4,042,231 |  |

| CAPITAL AND RESERVES

100 |  |  | Called up share capital | 16 | 100 |  |

4,959,179 |  |  | Retained earnings | 17 | 4,042,131 |  |

4,959,279 |  |  | SHAREHOLDERS' FUNDS | 4,042,231 |  |

The financial statements were approved by the director and authorised for issue on 14th October 2025 and were signed by:

R Gill - Director

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31ST MARCH 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1st April 2023 | 100 |  | 6,246,190 |  | 6,246,290 |  |

Changes in equity

Dividends | - |  | (2,500,000 | ) | (2,500,000 | ) |

Total comprehensive income | - |  | 1,212,989 |  | 1,212,989 |  |

Balance at 31st March 2024 | 100 |  | 4,959,179 |  | 4,959,279 |  |

Changes in equity

Dividends | - |  | (6,200,000 | ) | (6,200,000 | ) |

Total comprehensive income | - |  | 5,282,952 |  | 5,282,952 |  |

Balance at 31st March 2025 | 100 |  | 4,042,131 |  | 4,042,231 |  |

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

1. | STATUTORY INFORMATION

| Gill Civil Engineering Limited is a private company, limited by shares, registered in Birmingham. The company's registered number and registered office can be found on the Company Information page.

2. | STATEMENT OF COMPLIANCE

| 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" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

| The financial statements are prepared in sterling and rounded to the nearest whole £1.

| The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

| • | the requirements of Section 7 Statement of Cash Flows;

| • | the requirement of paragraph 3.17(d);

| • | the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable and represents

| amounts receivable for goods supplied and services rendered, stated net of discounts and of value added tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery | - | 20% on cost

| Equipment | - | 20% on cost

| Motor vehicles | - | 30% on reducing balance

| Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

| Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| An increase in the carrying amount of an asset as a result of a revaluation is recognised in other

| comprehensive income and accumulated in capital and reserves, except to the extent it reverses a

| revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset.

| Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

| Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks

| to their present location and condition.

| Taxation

| The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income , except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax

| losses and other 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. Deferred tax is

| measured using the tax rates and laws that have been enacted or substantively enacted by the

| reporting date that are expected to apply to the reversal of the timing difference.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Construction contracts

| Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end.

| Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred.

| The entity uses the percentage of completion method to determine the amounts to be recognised in the period.

| The stage of completion is measured by reference to the contract costs incurred up to the end of the reporting period as a percentage of total estimated costs for each contract. Costs incurred for work performed to date do not include costs relating to future activity, such as for materials or prepayments.

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Impairments

| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.

| Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

| When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Provisions

| Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

| Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

| Financial Instruments

| A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss.

| All other such investments are subsequently measured at cost less impairment.

| Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

| For all equity instruments regardless of significance, and other financial assets that are individually

| significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

| Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

| Defined Contribution Plans

| Contributions to defined contribution plans are recognised as an expense in the period in which the

| related service is provided. Prepaid contributions are recognised as an asset to the extent that the

| prepayment will lead to a reduction in future payments or a cash refund.

| When contributions are not expected to be settled wholly within 12 months of the end of the reporting

| date in which the employees render the related service, the liability is measured on a discounted

| present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

4. | EMPLOYEES AND DIRECTORS

| 31.3.25 |  | 31.3.24

£ | £ |

| Wages and salaries | 1,386,678 |  | 1,625,488 |  |

| Social security costs | 143,510 |  | 174,295 |  |

| Other pension costs | 36,990 |  | 37,131 |  |

1,567,178 |  | 1,836,914 |  |

| The average number of employees during the year was as follows:

| 31.3.25 |  | 31.3.24

| Engineering and administration staff | 33 |  | 37 |  |

| 31.3.25 |  | 31.3.24

£ | £ |

| Director's remuneration | - |  | - |  |

5. | OPERATING PROFIT

| The operating profit is stated after charging:

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire of plant and machinery | 1,526,170 |  | 1,069,104 |  |

| Depreciation - owned assets | 145,306 |  | 173,674 |  |

| Loss on disposal of fixed assets | 1,437 |  | 118,413 |  |

| Auditors' remuneration | 6,250 |  | - |  |

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase | 15,465 |  | 14,012 |  |

7. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Current tax:

| UK corporation tax | 1,751,599 |  | 100,397 |  |

| Under/(over) provision in

| prior year | (87,433 | ) | (65,810 | ) |

| Total current tax | 1,664,166 |  | 34,587 |  |

| Deferred tax | (9,915 | ) | (21,995 | ) |

| Tax on profit | 1,654,251 |  | 12,592 |  |

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

8. | DIVIDENDS

| 31.3.25 |  | 31.3.24

£ | £ |

| Ordinary type A shares of 1 each

| Interim | 6,200,000 |  | 2,500,000 |  |

9. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor

| Totals |  | machinery |  | Equipment |  | vehicles

£ | £ | £ | £ |

| COST

| At 1st April 2024 | 735,973 |  | 143,907 |  | 115,369 |  | 476,697 |  |

| Additions | 82,719 |  | 17,450 |  | 589 |  | 64,680 |  |

| Disposals | (34,097 | ) | - |  | - |  | (34,097 | ) |

| At 31st March 2025 | 784,595 |  | 161,357 |  | 115,958 |  | 507,280 |  |

| DEPRECIATION

| At 1st April 2024 | 286,082 |  | 4,448 |  | 80,311 |  | 201,323 |  |

| Charge for year | 145,306 |  | 26,280 |  | 4,793 |  | 114,233 |  |

| Eliminated on disposal | (21,050 | ) | - |  | - |  | (21,050 | ) |

| At 31st March 2025 | 410,338 |  | 30,728 |  | 85,104 |  | 294,506 |  |

| NET BOOK VALUE

| At 31st March 2025 | 374,257 |  | 130,629 |  | 30,854 |  | 212,774 |  |

| At 31st March 2024 | 449,891 |  | 139,459 |  | 35,058 |  | 275,374 |  |

10. | STOCKS

| 31.3.25 |  | 31.3.24

£ | £ |

| Stock | 269,668 |  | 642,863 |  |

11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 3,796,746 |  | 469,256 |  |

| Amounts owed by group undertakings | 185,013 |  | 2,307,550 |  |

| Other debtors | 1,086 |  | - |  |

| Tax and Social Security | - |  | 67,312 |  |

| VAT | 209,272 |  | 74,164 |  |

| Prepayments | 20,286 |  | 23,605 |  |

4,212,403 |  | 2,941,887 |  |

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts (see note 14) | 100,894 |  | 120,160 |  |

| Trade creditors | 734,156 |  | 342,411 |  |

| Amounts owed to group undertakings | 822,930 |  | 456,407 |  |

| Tax | 1,570,511 |  | - |  |

| Social security and other taxes | 58,211 |  | 48,635 |  |

| Other creditors | - |  | 1,000 |  |

| Accrued expenses | 58,398 |  | 13,692 |  |

3,345,100 |  | 982,305 |  |

13. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts (see note 14) | 74,294 |  | 168,791 |  |

14. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31.3.25 |  | 31.3.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 100,894 |  | 120,160 |  |

| Between one and five years | 74,294 |  | 168,791 |  |

175,188 |  | 288,951 |  |

15. | PROVISIONS FOR LIABILITIES

| 31.3.25 |  | 31.3.24

£ | £ |

| Deferred tax | 55,237 |  | 65,152 |  |

| Deferred |

| tax |

£ |

| Balance at 1st April 2024 | 65,152 |  |

| Provided during year | (9,915 | ) |

| Balance at 31st March 2025 | 55,237 |  |

16. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 100 | Ordinary type A | 1 | 100 |  | 100 |  |

GILL CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 03958029) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

17. | RESERVES

| Retained

| earnings

£ |

| At 1st April 2024 | 4,959,179 |  |

| Profit for the year | 5,282,952 |  |

| Dividends | (6,200,000 | ) |

| At 31st March 2025 | 4,042,131 |  |

18. | CONTINGENT LIABILITIES

| The company has entered into a cross guarantee arrangement (dated 20th March 2015) with its bankers. The companies included in this arrangement are Gill Group Limited, Gill Civil Engineering Limited, Discount Builders Merchants (Midlands) Limited and Titan Plant Hire Limited.

19. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

20. | ULTIMATE CONTROLLING PARTY

| The Company is a wholly owned subsidiary of Gill Group Limited, a company registered in England. The registered office of Gill Group Limited is Gill House, 140 Holyhead Road, Birmingham, B21 0AS, England.