REGISTERED NUMBER: 06492576 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CULVERTRONIC LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

Mrs D M Merkel

P J Scott-Jackson

G S Merkel

Mrs R Scott-Jackson

SECRETARY:

Mrs D M Merkel

REGISTERED OFFICE:

Unit A12

Spithead Business Centre

Newport Road

Sandown

Isle of Wight

PO36 9PH

REGISTERED NUMBER:

06492576 (England and Wales)

ACCOUNTANTS:

Bright Brown Limited

Chartered Accountants

Exchange House

St. Cross Lane

Newport

Isle of Wight

PO30 5BZ

FIXED ASSETS

Tangible assets

4

46,627

36,068

CURRENT ASSETS

Stocks

90,000

96,000

Debtors

5

259,419

223,769

Cash at bank

205,301

184,044

554,720

503,813

CREDITORS

Amounts falling due within one year

6

228,709

157,976

NET CURRENT ASSETS

326,011

345,837

TOTAL ASSETS LESS CURRENT LIABILITIES

372,638

381,905

PROVISIONS FOR LIABILITIES

11,656

6,075

NET ASSETS

360,982

375,830

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

360,882

375,730

SHAREHOLDERS' FUNDS

360,982

375,830

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Mrs D M Merkel - Director

1.	STATUTORY INFORMATION

Culvertronic Limited 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.

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.

Plant and machinery etc

-

25% 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 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 16 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

12,822

246,301

259,123

Additions

-

27,500

27,500

At 31 March 2025

12,822

273,801

286,623

DEPRECIATION

At 1 April 2024

8,544

214,511

223,055

Charge for year

2,136

14,805

16,941

At 31 March 2025

10,680

229,316

239,996

NET BOOK VALUE

At 31 March 2025

2,142

44,485

46,627

At 31 March 2024

4,278

31,790

36,068

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

175,243

158,626

Amounts recoverable on contract

80,000

61,000

Other debtors

4,176

4,143

259,419

223,769

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,198

9,270

Taxation and social security

91,914

32,450

Other creditors

118,597

116,256

228,709

157,976

7.	OTHER FINANCIAL COMMITMENTS

On 31 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £42,616 (2024 - £72,882).