REGISTERED NUMBER: 08141374 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

M P Paver Hire & Surfacing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D N J Francis

Mrs P C Francis

REGISTERED OFFICE:

Tanhouse Barn

Penrhos

Llanymynech

Powys

SY22 6QF

REGISTERED NUMBER:

08141374 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Intangible assets

4

39,744

45,043

Tangible assets

5

856,019

745,787

895,763

790,830

CURRENT ASSETS

Stocks

1,650

1,500

Debtors

6

375,741

335,846

Cash at bank

678,401

834,396

1,055,792

1,171,742

CREDITORS

Amounts falling due within one year

7

115,203

181,139

NET CURRENT ASSETS

940,589

990,603

TOTAL ASSETS LESS CURRENT LIABILITIES

1,836,352

1,781,433

PROVISIONS FOR LIABILITIES

214,005

186,447

NET ASSETS

1,622,347

1,594,986

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,622,247

1,594,886

SHAREHOLDERS' FUNDS

1,622,347

1,594,986

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

D N J Francis - Director

Mrs P C Francis - Director

1.	STATUTORY INFORMATION

M P Paver Hire & Surfacing 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.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

105,980

AMORTISATION

At 1 April 2024

60,937

Charge for year

5,299

At 31 March 2025

66,236

NET BOOK VALUE

At 31 March 2025

39,744

At 31 March 2024

45,043

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

1,746,514

Additions

483,775

Disposals

(351,995

)

At 31 March 2025

1,878,294

DEPRECIATION

At 1 April 2024

1,000,727

Charge for year

231,342

Eliminated on disposal

(209,794

)

At 31 March 2025

1,022,275

NET BOOK VALUE

At 31 March 2025

856,019

At 31 March 2024

745,787

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

357,809

257,197

Other debtors

17,932

78,649

375,741

335,846

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

80,265

102,158

Taxation and social security

29,734

78,306

Other creditors

5,204

675

115,203

181,139

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

D N J Francis and Mrs P C Francis

Balance outstanding at start of year

-

97,033

Amounts repaid

-

(97,033

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-