REGISTERED NUMBER: 04193298 (England and Wales)

BROMLEY RDG LTD

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditor

6

Statement of Income and Retained Earnings

10

Balance Sheet

11

Notes to the Financial Statements

13

DIRECTORS:

Mr G Cocker

Mr R D Cocker

SECRETARY:

Mrs J Cocker

REGISTERED OFFICE:

Unit 1, Spring Park

Clayburn Road

Grimethorpe

Barnsley

South Yorkshire

S72 7FD

REGISTERED NUMBER:

04193298 (England and Wales)

AUDITOR:

Xeinadin Audit Limited

8th Floor, Beckett House

36 Old Jewry

London

EC2R 8DD

BANKERS:

HSBC

35 College Street

Rotherham

South Yorkshire

S65 1AF

The directors present their strategic report for the year ended 31 March 2025.

Bromley RDG Ltd is a family-owned business specialising in civil engineering and groundworks within the construction and housing sectors. The company operates in the Yorkshire and North Derbyshire regions of England.

The client base consists of a mix of regional and national housebuilders.

REVIEW OF BUSINESS

During the year ended 31 March 2025, Bromley RDG Ltd achieved continued strong revenue growth, with turnover increasing by 10% (2024: 14%). This reflects a healthy mix of repeat business from existing clients and the securing of new contracts.

Gross profit increased in absolute terms, reflecting both higher revenues and continued operational efficiency. Despite ongoing cost pressures in the wider industry particularly around labour and materials, the company maintained robust cost controls throughout the year, underlining the strength of the business model.

During the year, the company made further investment in fixed assets to support current operations and future growth, which has resulted in increased depreciation within administrative expenses. Alongside capital investment, the company continued to expand and upskill its workforce to meet growing demand, reflecting commitment to both quality and long-term capability.

The directors believe that continued investment in people, equipment and systems is essential to ensure Bromley RDG remains competitive and responsive in a changing construction environment.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal risk to the business is the performance of the private housing market affecting the demand from clients. To mitigate this risk, we are broadening our client profile into the social housing sector.

Material cost inflation continues to be a challenge and affect profits. The directors are reviewing the purchasing strategy to reduce these risks.

All company policies are subject to continual assessment and review in line with changing legislation and industry guideline.

KEY PERFORMANCE INDICATORS

The directors monitor a range of key performance indicators to assess the financial health, operational efficiency, and overall progress of the business. These indicators help inform decision-making, guide strategic priorities, and ensure the company remains on track to meet its objectives.

Profitability, cash generation, and liquidity remain central to the company’s financial monitoring framework. The directors pay close attention to net profit before tax and EBITDA as measures of underlying performance, alongside capital expenditure levels to ensure that investment in plant and equipment is sustainable and aligned with business needs. Regular assessment of working capital, including debtor and creditor days, helps maintain a stable financial base.

On the operational side, client retention and repeat business levels are closely reviewed, as they are strong indicators of customer satisfaction and future workload stability. Other non-financial indicators such as training uptake, internal resourcing levels, and health and safety performance are also reviewed regularly, with a strong emphasis on maintaining high standards across all areas of the business.

FUTURE DEVELOPMENTS

Tendering activity has remained consistently strong, and the company continues to see a healthy pipeline of opportunities from both new and existing clients, particularly in residential infrastructure and enabling works. The board remains cautiously optimistic that this demand will translate into continued growth over the coming year, albeit with careful management of costs, capacity and project risk.

To support this, the company will continue to invest in modernising its fleet and equipment, enhancing both operational efficiency and environmental performance

ON BEHALF OF THE BOARD:

Mr G Cocker - Director

21 October 2025

The directors present their report with the financial statements of the Company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the Company in the year under review was that of groundworks and civil engineering specialists.

DIVIDENDS

No dividends will be distributed for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mr G Cocker

Mr R D Cocker

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors 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 of 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 judgements 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the Company's auditor is unaware, and each director 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 auditor is aware of that information.

AUDITOR

The auditors, Xeinadin Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr G Cocker - Director

21 October 2025

Opinion

We have audited the financial statements of Bromley RDG Ltd (the 'Company') for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 31 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 Auditor 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 directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditor 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 Directors 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 Directors 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 Report of the Directors.

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 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 Statement of Directors' Responsibilities set out on page four, 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 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.

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 Auditor 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 gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We design audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

We focussed on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to the Companies Act 2006. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management. We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

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. The 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 Auditor.

Use of our report

This report is made solely to the Company's shareholders, 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 shareholders those matters we are required to state to them in a Report of the Auditor 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 shareholders as a body, for our audit work, for this report, or for the opinions we have formed.

Scott Mell FCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

8th Floor, Beckett House

36 Old Jewry

London

EC2R 8DD

1 December 2025

TURNOVER

3

16,652,996

15,086,464

Cost of sales

13,701,888

12,603,919

GROSS PROFIT

2,951,108

2,482,545

Administrative expenses

1,220,771

1,181,211

1,730,337

1,301,334

Other operating income

13,002

25,013

OPERATING PROFIT

5

1,743,339

1,326,347

Interest receivable and similar income

6

33,523

26,420

PROFIT BEFORE TAXATION

1,776,862

1,352,767

Tax on profit

7

445,166

343,149

PROFIT FOR THE FINANCIAL YEAR

1,331,696

1,009,618

Retained earnings at beginning of year

8,349,375

7,463,957

Dividends

8

-

(124,200

)

RETAINED EARNINGS AT END OF YEAR

9,681,071

8,349,375

FIXED ASSETS

Tangible assets

9

2,457,132

1,938,651

CURRENT ASSETS

Stocks

10

30,000

30,000

Debtors

11

7,650,494

5,307,142

Cash at bank

1,637,968

2,307,408

9,318,462

7,644,550

CREDITORS

Amounts falling due within one year

12

1,494,568

749,063

NET CURRENT ASSETS

7,823,894

6,895,487

TOTAL ASSETS LESS CURRENT LIABILITIES

10,281,026

8,834,138

PROVISIONS FOR LIABILITIES

14

599,855

484,663

CAPITAL AND RESERVES

Called up share capital

15

12

12

Capital redemption reserve

88

88

Retained earnings

9,681,071

8,349,375

SHAREHOLDERS' FUNDS

9,681,171

8,349,475

10,281,026

8,834,138

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by:

Mr R D Cocker - Director

1.	STATUTORY INFORMATION

Bromley RDG 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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).

Significant judgements and estimates

No significant judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that is probable will be recovered.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Government grants

The company receives government grants in respect of financial support for training and development. These grants are recognised at the fair value of the amount received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Stocks

Stocks are stated 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 stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation

Taxation for the year comprises current and deferred tax. 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 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 for the benefit of its employees. Contributions are expensed as they become payable.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the Company.

An analysis of turnover by geographical market is given below:

2025

2024

£

£

United Kingdom

16,652,996

15,086,464

16,652,996

15,086,464

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

894,155

1,067,976

Social security costs

88,458

39,753

Other pension costs

164,411

198,025

1,147,024

1,305,754

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

2025

2024

Directors

2

2

Administration

3

3

Site and yard operations

19

24

24

29

2025

2024

£

£

Directors' remuneration

83,652

84,412

Directors' pension contributions to money purchase schemes

80,000

120,000

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

2

2

5.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

£

£

Hire of plant and machinery

1,608,874

1,573,787

Depreciation - owned assets

448,581

366,011

Loss/(profit) on disposal of fixed assets

16,647

(1,332

)

Auditors' remuneration

17,000

16,000

6.

INTEREST RECEIVABLE AND SIMILAR INCOME

2025

2024

£

£

Deposit account interest

33,523

13,579

Other interest received

-

12,841

33,523

26,420

7.

TAXATION

Analysis of the tax charge

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

2025

2024

£

£

Current tax:

UK corporation tax

329,974

328,805

Deferred tax

115,192

14,344

Tax on profit

445,166

343,149

UK corporation tax has been charged at 25% (2024 - 25%).

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

1,776,862

1,352,767

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

444,216

338,192

Effects of:

Expenses not deductible for tax purposes

4,642

-

Capital allowances in excess of depreciation

(118,884

)

(9,387

)

Movement in deferred tax

115,192

14,344

Total tax charge

445,166

343,149

8.

DIVIDENDS

2025

2024

£

£

Interim

-

124,200

9.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

2,045,184

518,458

31,690

2,595,332

Additions

932,112

309,017

1,480

1,242,609

Disposals

(302,617

)

(179,034

)

-

(481,651

)

At 31 March 2025

2,674,679

648,441

33,170

3,356,290

DEPRECIATION

At 1 April 2024

480,076

146,988

29,617

656,681

Charge for year

277,431

169,372

1,778

448,581

Eliminated on disposal

(110,836

)

(95,268

)

-

(206,104

)

At 31 March 2025

646,671

221,092

31,395

899,158

NET BOOK VALUE

At 31 March 2025

2,028,008

427,349

1,775

2,457,132

At 31 March 2024

1,565,108

371,470

2,073

1,938,651

10.

STOCKS

2025

2024

£

£

Raw materials

30,000

30,000

11.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,369,281

464,953

Amounts owed by group undertakings

3,381,827

3,562,729

Amounts recoverable on contract

1,719,686

492,448

Other debtors

517,500

517,500

Directors' current accounts

16,658

-

VAT

562,008

196,765

Prepayments

83,534

72,747

7,650,494

5,307,142

12.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,130,655

541,536

Corporation tax

169,974

85,183

Social security and other taxes

68,738

83,025

Other creditors

36,098

2,148

Directors' current accounts

13,568

23,171

Accrued expenses

75,535

14,000

1,494,568

749,063

13.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

28,890

28,890

Between one and five years

86,182

115,072

115,072

143,962

14.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

599,855

484,663

Deferred

tax

£

Balance at 1 April 2024

484,663

Provided during year

115,192

Balance at 31 March 2025

599,855

15.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

12

Ordinary

£1

12

12

16.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Mr R D Cocker

Balance outstanding at start of year

-

-

Amounts advanced

16,658

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,658

-

17.	RELATED PARTY DISCLOSURES

Entity under common control

2025

2024

£

£

Transfers

-

22,500

Amount due from related party

517,500

517,500

18.	PARENT COMPANY

The company's parent is Bromley RDG Group Limited, a company incorporated in England and Wales, whose registered office is Unit 1, Spring Park, Clayburn Road, Grimethorpe, Barnsley, S72 7FO. Group accounts are available to the public from Companies House.