Complete Moling Services (South East) Limited Company accounts

COMPANY REGISTRATION NUMBER: 06803978

Complete Moling Services (South East) Limited

Financial Statements

31 January 2025

Complete Moling Services (South East) Limited

Financial Statements

Year ended 31 January 2025

Contents	Page

Strategic report	1

Directors' report	3

Independent auditor's report to the members	5

Statement of income and retained earnings	9

Statement of financial position	10

Notes to the financial statements	11

Complete Moling Services (South East) Limited

Strategic Report

Year ended 31 January 2025

The directors present their strategic report for the year ended 31 January 2025. The directors are pleased to announce the overall profit before tax for the year of £417,149 (2024: £2,788,705). The financial key performance indicators for the period are as follows:

	2025	2024
	£	£
Turnover	21,595,045	22,606,312
Gross profit	3,065,057	4,496,371
Gross profit margin %	14	20
Net profit margin (before tax) %	2	12

Turnover has slightly decreased in the year and the company has seen a decreased level of profitability. The company remains in a strong financial position at the balance sheet date, with net assets remaining consistent at £1.20m (2024: £1.20m). Principle risks and uncertainties The principal activity of the company during the current and previous year was civil engineering. The business is subject to a number of risks which are monitored by the Board. The principle risk facing the company remains the availability of future contracts and the ability to maintain sufficient working capital. There is also a liquidity risk which could be adversely affected by late payment of trade debts. To mitigate the risks the Board regularly monitors the cash position and production requirements. The company's finances are supervised at Board level. Its financial instruments other than derivatives comprise cash, trade debtors, trade creditors, hire purchase and finance leases which arise from it's trade. The company depends on key personnel and staff and, to mitigate the risks of retention issues, the company provides training and reward schemes. The company operates in a competitive market and the Board actively seeks new business, maintains good customer relations and continues to ensure high standards of work for customers to enable the company to succeed within the sector. It is the policy of the Board to settle trade and other debts within the terms agreed. Taking into account the above risks collectively and the options available to mitigate them, the directors are satisfied that there are no material foreseeable risks to the business that haven't been assessed or disclosed. The directors continue to take action to mitigate the impact of the disruption. Financial Risk Management and Policies The company has considered the risks of credit, interest, cash flow and pricing and their potential impact on the business. The directors of the company believe that the appropriate controls and procedures are in place to manage these risks so they do not have a significant impact on the business. Future Developments In the financial year ending 2025, the company has demonstrated solid performance, achieving a turnover of over £20 million. Despite facing challenging industry conditions, the company has continued to provide reliable services to its customers, backed by the team's dedication and commitment to operational excellence. Looking forward, the company are forecasting growth as it invests in expanding the service capacity and continues to enhance customer service standards. A core aspect of this strategy is the focus on maintaining and developing the workforce. The company recognises that its staff are central to its success and remain committed to retaining the skilled staff while investing in training and development programs that empower them to deliver high-quality service. Additionally, the company have taken steps to develop the head office facilities to support the growing team and improve operational efficiency including wellbeing facilities to support both physical and mental health. These upgrades aim to create an environment that supports collaboration, innovation, and sustainability, aligning with the long-term business objectives, whilst also contributing towards our net zero target. During the next financial period, the directors are confident that the growth-oriented initiatives and dedication to the staff and infrastructure will continue to strengthen the business. Assessment of conflict in Ukraine The directors have considered the ongoing impact of the events in Ukraine with reference to how this may disrupt their business model, strategy and operations. It is noted that the company has no dealings with either Ukraine or any nation or individual currently experiencing sanctions as a result of the events in Ukraine. The directors have liaised with suppliers and customers and similarly they have no dealings that will impact the company's supply chain, recoverability of debt and credit. It is clear that there is a worldwide impact on the cost of particular goods, to include fuel, which in turn has increased the base costs of consumables in the business. The directors have calculated the effect and believe that his will not significantly impact the ability to trade or going concern.

This report was approved by the board of directors on 30 October 2025 and signed on behalf of the board by:

Mr C Thompson	Mr A C Thompson
Director	Director

Registered office:

Fenn Corner

St Mary Hoo

Rochester

Kent

ME3 8RF

Complete Moling Services (South East) Limited

Directors' Report

Year ended 31 January 2025

The directors present their report and the financial statements of the company for the year ended 31 January 2025 .

Directors

The directors who served the company during the year were as follows:

Mr C Thompson
Mr A C Thompson

Dividends

Particulars of recommended dividends are detailed in note 11 to the financial statements.

Disclosure of information in the strategic report

The directors have prepared a Strategic Report in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013, which includes their review of the business, risks and uncertainties and management thereof.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have 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 directors must not approve the financial statements unless they are 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 directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are 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 them 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.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 30 October 2025 and signed on behalf of the board by:

Mr C Thompson	Mr A C Thompson
Director	Director

Registered office:

Fenn Corner

St Mary Hoo

Rochester

Kent

ME3 8RF

Complete Moling Services (South East) Limited

Independent Auditor's Report to the Members of Complete Moling Services (South East) Limited

Year ended 31 January 2025

Opinion

We have audited the financial statements of Complete Moling Services (South East) Limited (the 'company') for the year ended 31 January 2025 which comprise the statement of income and retained earnings, statement of financial position and the related notes, 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 FRS 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 31 January 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - 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 auditor's 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 directors' 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 directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

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 directors' report. We have nothing to report in respect of the following matters in relation to which 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 directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are 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 directors determine is 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 directors are 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 directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's 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 an auditor’s report 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, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we have considered; the nature of the industry, control environment and business performance. We also consider the results of our enquiries of management and the finance team, relating to their own identification and assessment of the risks of irregularities and possible related fraud. This includes asking questions and reviewing available documentation on their policies and procedures and performing tests of controls to evidence their effectiveness. Throughout the audit testing we are considering the incentives that may exist within the organisation for fraud. Key areas include timing of recognising income around the year end and posting of unusual journals. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. We ensure we have an understanding of the relevant laws and regulations and remain alert to possible non-compliance throughout the audit. Despite proper planning and audit work in accordance with auditing standards there are inherent limitations and unavoidable risk that we may not detect some irregularities and material misstatements in the financial statements. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - 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. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 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 an auditor's report 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.

Alexander Baker

(Senior Statutory Auditor)

For and on behalf of

Burgess Hodgson Audit Limited

Chartered accountants & statutory auditor

Camburgh House

27 New Dover Road

Canterbury

Kent

CT1 3DN

31 October 2025

Complete Moling Services (South East) Limited

Statement of Income and Retained Earnings

Year ended 31 January 2025

		2025	2024
Note		£	£
Turnover	4	21,595,045	22,606,312

Cost of sales	18,529,988	18,109,941
	-------------	-------------
Gross profit	3,065,057	4,496,371

Administrative expenses		2,504,732	1,472,835
		------------	------------
Operating profit	5	560,325	3,023,536

Interest payable and similar expenses	9	143,176	234,831
		------------	------------
Profit before taxation		417,149	2,788,705

Tax on profit	10	131,476	722,074
		---------	------------
Profit for the financial year and total comprehensive income		285,673	2,066,631
		---------	------------

Dividends paid and payable	11	( 285,673)	( 2,066,631)

Retained earnings at the start of the year	1,199,900	1,199,900
	------------	------------
Retained earnings at the end of the year	1,199,900	1,199,900
	------------	------------

All the activities of the company are from continuing operations.

Complete Moling Services (South East) Limited

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	12		1,852,981	1,792,178

Current assets

Stocks	13	2,869,338	304,322
Debtors	14	2,808,981	3,870,272
Cash at bank and in hand		1,173,312	1,009,466
		------------	------------
		6,851,631	5,184,060

Creditors: amounts falling due within one year	15	6,375,406		4,347,694
		------------		------------
Net current assets			476,225	836,366
			------------	------------
Total assets less current liabilities			2,329,206	2,628,544

Creditors: amounts falling due after more than one year	16		786,798	1,022,160

Provisions

Taxation including deferred tax	18	342,408	406,384
		------------	------------
Net assets		1,200,000	1,200,000
		------------	------------

Capital and reserves

Called up share capital	21	100	100
Profit and loss account	22	1,199,900	1,199,900
		------------	------------
Shareholders funds		1,200,000	1,200,000
		------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.

These financial statements were approved by the board of directors and authorised for issue on 30 October 2025 , and are signed on behalf of the board by:

Mr C Thompson	Mr A C Thompson
Director	Director

Company registration number: 06803978

Complete Moling Services (South East) Limited

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Fenn Corner, St Mary Hoo, Rochester, Kent, ME3 8RF.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, in sterling, which is the functional and presentational currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Complete Moling Services Holdings Limited. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel. These exemptions have been applied on the basis that Complete Moling Services Holdings Limited includes equivalent disclosures for the entity in its consolidated financial statements prepared in accordance with UK GAAP.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements and estimates that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The items in the financial statements where these judgments and estimates have been made are set out below: Key sources of estimation uncertainty i. Amounts recoverable on contracts The amounts recoverable on contracts comprises both the value of work done up to the year end, and any retentions on contract jobs which have been completed. The valuation of work done is based on the outstanding applications for work. Where a contract is assessed as being loss-making, a provision is made for the loss on the job in full. Estimates are included based on anticipated recovery of amounts outstanding. ii. Useful economic life of tangible assets The annual depreciation charge depends on the estimated useful economic lives of the assets in question. These are re-assessed annually and amended where necessary to reflect current best estimates. iii. Deferred tax Deferred tax assets and liabilities are recognised in full when they arise. As the book value of tangible fixed assets is higher than the tax written down value, the majority of the deferred tax balance is generated through the liability recognised on these timing differences.

Revenue recognition

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. 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. When it is probable that total contract costs will exceed total contract revenue, the expected loss is expensed immediately, with a corresponding provision for an onerous contract being recognised. Where the collectability of an amount already recognised as contract revenue is no longer probable, the uncollectible amount is expensed rather than recognised as an adjustment to the amount of contract revenue. 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. 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 provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

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

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and 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.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	25% reducing balance
Motor Vehicles	-	25% reducing balance
Equipment	-	20% straight line

Impairment of fixed assets

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.

Debtors

Short term debtors and amounts recoverable on contracts are measured at transaction price less any impairment.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell, using the first in first out method. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Cash and cash equivalents

Cash and cash equivalents are represented by the amounts held in the current and deposit bank accounts.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured at amortised cost using the effective interest method.

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 as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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 alvin is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Construction contracts	21,595,045	22,606,312
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit or loss is stated after charging/crediting:

	2025	2024
	£	£
Depreciation of tangible assets	470,699	420,858
(Gains)/loss on disposal of tangible assets	( 18,960)	9,097
	---------	---------

6. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	13,500	12,000
	--------	--------

During the year, the company's auditor changed from Burgess Hodgson LLP to Burgess Hodgson Audit Limited following a change in legal structure of the audit firm. The responsible individual remains the same.

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	58	61
Administrative staff	4	4
Management staff	8	8
	----	----
	70	73
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	3,713,529	3,949,268
Social security costs	433,614	459,219
Other pension costs	76,298	76,246
	------------	------------
	4,223,441	4,484,733
	------------	------------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	9,450	23,033
Company contributions to defined contribution pension plans	289	289
	-------	--------
	9,739	23,322
	-------	--------

The number of directors who accrued benefits under company pension plans was as follows:

	2025	2024
	No.	No.
Defined contribution plans	2	2
	----	----

9. Interest payable and similar expenses

	2025	2024
	£	£
Interest on banks loans and overdrafts	70,004	84,671
Interest on obligations under finance leases and hire purchase contracts	73,172	124,472
Other interest payable and similar charges	–	25,688
	---------	---------
	143,176	234,831
	---------	---------

10. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	187,041	505,981
Adjustments in respect of prior periods	8,411	–
	---------	---------
Total current tax	195,452	505,981
	---------	---------

Deferred tax:

Origination and reversal of timing differences	( 63,976)	216,093
	---------	---------
Tax on profit	131,476	722,074
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 24 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	417,149	2,788,705
	---------	------------
Profit on ordinary activities by rate of tax	104,287	670,130
Effect of expenses not deductible for tax purposes	17,429	77,600
Effect of capital allowances and depreciation	65,325	80,512
Deferred tax adjustments	( 63,976)	216,093
Losses utilised in the period	–	( 209,876)
R&D tax credit	–	( 23,952)
Over/under provision	8,411	–
Group relief	–	( 88,433)
	---------	------------
Tax on profit	131,476	722,074
	---------	------------

11. Dividends

Dividends paid during the year (excluding those for which a liability existed at the end of the prior year):

	2025	2024
	£	£
Ordinary	285,673	2,066,631
	---------	------------

12. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 February 2024	2,445,094	145,306	58,218	2,648,618
Additions	187,650	609,974	12,918	810,542
Disposals	( 428,000)	( 68,500)	–	( 496,500)
	------------	---------	--------	------------
At 31 January 2025	2,204,744	686,780	71,136	2,962,660
	------------	---------	--------	------------
Depreciation
At 1 February 2024	783,830	25,246	47,364	856,440
Charge for the year	309,390	155,219	6,090	470,699
Disposals	( 207,768)	( 9,692)	–	( 217,460)
	------------	---------	--------	------------
At 31 January 2025	885,452	170,773	53,454	1,109,679
	------------	---------	--------	------------
Carrying amount
At 31 January 2025	1,319,292	516,007	17,682	1,852,981
	------------	---------	--------	------------
At 31 January 2024	1,661,264	120,060	10,854	1,792,178
	------------	---------	--------	------------

The total net book value of tangible fixed assets of £1,852,981 (2024: £1,792,178) is secured by Lloyds Bank plc under a fixed and floating charge.

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery	Motor vehicles	Total
	£	£	£
At 31 January 2025	735,345	512,931	1,248,276
	---------	---------	------------
At 31 January 2024	1,077,887	54,595	1,132,482
	------------	---------	------------

13. Stocks

	2025	2024
	£	£
Raw materials and consumables	287,267	304,322
Property development	1,451,106	–
Land held for resale	1,130,965	–
	------------	---------
	2,869,338	304,322
	------------	---------

14. Debtors

	2025	2024
	£	£
Trade debtors	34,993	12,588
Prepayments and accrued income	114,832	111,217
Amounts recoverable on contracts	2,596,123	3,584,289
Other debtors	63,033	162,178
	------------	------------
	2,808,981	3,870,272
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Amounts recoverable on contracts	727,420	534,416
	---------	---------

These amounts due after more than one year represent retentions held by customers.

15. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	134,340	243,624
Trade creditors	1,948,831	1,135,378
Amounts owed to group undertakings	1,979,819	1,508,292
Accruals and deferred income	1,146,006	548,939
Corporation tax	513,111	417,659
Social security and other taxes	137,066	117,519
Obligations under finance leases and hire purchase contracts	407,401	286,859
Other creditors	108,832	89,424
	------------	------------
	6,375,406	4,347,694
	------------	------------

Lloyds Bank Plc have a fixed and floating charge over all the property and undertaking of the company which is supported by personal guarantees from the directors. The company's hire purchase and finance leases are secured on the assets to which they relate.

16. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	236,429	370,769
Obligations under finance leases and hire purchase contracts	550,369	651,391
	---------	------------
	786,798	1,022,160
	---------	------------

Lloyds Bank Plc have a fixed and floating charge over all the property and undertaking of the company which is supported by personal guarantees from the directors. The company's hire purchase and finance leases are secured on the assets to which they relate.

17. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	407,401	286,859
Later than 1 year and not later than 5 years	550,369	651,391
	---------	---------
	957,770	938,250
	---------	---------

18. Provisions

	Deferred tax (note 19)
	£
At 1 February 2024	406,384
Charge against provision	( 63,976)
	---------
At 31 January 2025	342,408
	---------

19. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 18)	342,408	406,384
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	344,908	451,075
Provisions	( 2,500)	( 44,691)
	---------	---------
	342,408	406,384
	---------	---------

20. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 76,009 (2024: £ 75,957 ).

21. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

22. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

23. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	35,625
	----	--------

The operating lease relates to rent paid to a directors pension scheme, which owns the trading premises of the group.

24. Related party transactions

During the year, the company paid for management and equipment hire services from a group company totalling £1,584,277 (2024: £1,075,228). At the balance sheet date, the company owed £1,979,819 (2024: £1,508,292) to a group company. During the year, the company paid rent of £35,625 (2024: £47,500) to a director’s pension scheme, which owns the company’s trading premises. The company also paid rent of £16,250 for a property owned by a director. Both transactions were conducted on an arm’s length basis.

25. Controlling party

Complete Moling Services (South East) Ltd is a wholly owned subsidiary of Complete Moling Services Holdings Ltd a company incorporated in England & Wales. The registered office of the Holding company is Fenn Corner, St Mary Hoo, Rochester, Kent, United Kingdom, ME3 8RF.