REGISTERED NUMBER: 00856904 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Stourbridge Paving Company Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P S Taylor

Mrs S Wink

J W Taylor

SECRETARY:

Mrs C Taylor

REGISTERED OFFICE:

93 Chapel Street

Dudley

West Midlands

DY2 9PN

REGISTERED NUMBER:

00856904 (England and Wales)

FIXED ASSETS

Tangible assets

4

359,453

356,846

Investment property

5

180,000

180,000

539,453

536,846

CURRENT ASSETS

Stocks

214,760

172,027

Debtors

6

188,061

168,349

Cash at bank

885,792

691,618

1,288,613

1,031,994

CREDITORS

Amounts falling due within one year

7

513,344

385,461

NET CURRENT ASSETS

775,269

646,533

TOTAL ASSETS LESS CURRENT LIABILITIES

1,314,722

1,183,379

PROVISIONS FOR LIABILITIES

70,336

70,336

NET ASSETS

1,244,386

1,113,043

CAPITAL AND RESERVES

Called up share capital

8

1,002

1,002

Revaluation reserve

53,192

53,192

Retained earnings

1,190,192

1,058,849

SHAREHOLDERS' FUNDS

1,244,386

1,113,043

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

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

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

P S Taylor - Director

1.	STATUTORY INFORMATION

Stourbridge Paving Company Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial reporting standard 102 - reduced disclosure exemptions

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

a) the requirements of Section 7 Statement of Cash Flows.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on cost and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 August 2024

198,501

726,959

14,745

25,295

965,500

Additions

-

107,728

-

-

107,728

Disposals

-

(48,794

)

-

-

(48,794

)

At 31 July 2025

198,501

785,893

14,745

25,295

1,024,434

DEPRECIATION

At 1 August 2024

24,941

544,366

14,052

25,295

608,654

Charge for year

3,659

84,201

449

-

88,309

Eliminated on disposal

-

(31,982

)

-

-

(31,982

)

At 31 July 2025

28,600

596,585

14,501

25,295

664,981

NET BOOK VALUE

At 31 July 2025

169,901

189,308

244

-

359,453

At 31 July 2024

173,560

182,593

693

-

356,846

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

180,000

NET BOOK VALUE

At 31 July 2025

180,000

At 31 July 2024

180,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2019

180,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

86,808

86,808

The investment property was valued on an open market basis on 21 September 2018 by Wakemans Estate Agents .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

183,246

163,994

Other debtors

4,815

4,355

188,061

168,349

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

273,516

270,991

Taxation and social security

203,633

94,945

Other creditors

36,195

19,525

513,344

385,461

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1,002

Ordinary

£1

1,002

1,002

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P S Taylor.