Ensigna Construction Limited 31/03/2025 iXBRL

Company registration number: 5771179

Ensigna Construction Limited

Financial statements

31 March 2025

Ensigna Construction Limited

Contents

Directors and other information

Strategic report

Directors report

Independent auditor's report to the member

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Statement of cash flows

Notes to the financial statements

Ensigna Construction Limited

Directors and other information


	Directors	Mr Steve Wells
		Mr Adam Marley


	Company number	5771179


	Registered office	Unit 2 Churchill Court
		Hortons Way
		Westerham
		Kent
		BR1 3HZ


	Business address	Unit 2 Churchill Court
		Hortons Way
		Westerham
		Kent
		TN16 1BT


	Auditor	Lindley & Co
		Suite 4 Europa House
		Europa Way
		Lichfield
		Staffs
		WS14 9TZ




	Bankers	HSBC
		54 Clarence Street
		Kingston Upon Thames
		Surrey

Ensigna Construction Limited

Strategic report

Year ended 31 March 2025

Overview

Business Review

The directors are pleased to be able to report a strong performance for the company as reflected in the results for the year.

The principal activity of the company is the provision of high-quality, safe, compliant and sustainable construction, refurbishment and fit-out projects. We have specialist divisions for healthcare, education, office refurbishments and heritage/listed building works.

The strong foundations, processes and controls previously implemented have provided a great backdrop for the business to stabilise its position within the market place. There are continued opportunities for the business, in all areas of its operations, to further develop its key customer relationships.

In order to facilitate expansion, the company secured new premises in Westerham which were occupied in June 2025. This provided an opportunity to further invest in staff recruitment, vehicles and IT to protect the future of the business.

Investment in staff training modules will help to maintain and improve growth coupled with the securing of recent frameworks.

Marketplace and economic climate

The company has established a risk and financial management framework whose primary objectives are to protect the company from events that hinder the achievement of the company's performance objectives. We aim to embrace advances in construction methodologies and workplace safety.

Key performance indicators

Company sales have reduced from £20,772.319 in 2024 to £15,890,729 in 2025 - a reduction of £4,881,590 (23%).

We completed the successful delivery of several major projects last year, we have seen our average project value increase and this has helped the company grow, and develop the team along the way.

The increase in project values has allowed the team to improve and plan our work loads and cashflow has been supportive to these changes.

We continue to support our clients no matter what the projects value. This approach has ensured we continue to be supported by existing and new clients. We are confident that our increase in turnover will be maintained if not, continue to improve during the next 12 months.

The company also concentrates on keeping staff turnover to a minimum to preserve investment in skills and training.

Research and development

Innovation is crucial to the core services offered and continues to be an integral part of the business. The company continues to review its working practices and invest in Research and development.

We have remained true to our mantra of best customer service offering customised and bespoke solutions where we command a strong brand reputation.

Princiapl risks and uncertainties

The company has established a risk and financial management framework whereby the primary objectives are to protect the company from events that hinder the company's performance objectives.

As part of this strategy the company continues to maintain a wide customer base spread accross London and the South East. We have a minimal dependancy on any one customer or sector.

Going concern

The directors have prepared and continually reviewed the company's forecasts and projections having taken into account the impact of Covid-19 and Brexit, and are confident that the company has adequate resources to continue in operational existence for the foreseeable future. The directors believe the company should continue to adopt the going concern basis in preparing the financial statements as a result of the above.

Business Continuity

Business continuity and disaster planning are regularly assessed, tested and updated to ensure the company has adequate resources and working capital to maintain a strong business presence. The company also ensures they have robust preventative measures in place to protect against cybercrime and these are reviewed and updated at regular intervals.

This report was approved by the board of directors on 12 December 2025 and signed on behalf of the board by:

Mr Steve Wells

Director

Ensigna Construction Limited

Directors report

Year ended 31 March 2025

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

Directors

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

Mr Steve Wells

Mr Adam Marley

Dividends

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

Future developments

Established in 2006, the company benefits from long experience and understands fully the considerations of safe, environmentally-sound projects, maximizing infection control in every building and minimising disruption to facilities, operations and building occupants.

The company looks to the future with opimism and continues to invest in lastest technology and a highly skilled workforce.

Disclosure of information in the strategic report.

In accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013, information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 has been included in the Strategic Report.

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; and

- 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 12 December 2025 and signed on behalf of the board by:

Mr Steve Wells

Director

Ensigna Construction Limited

Independent auditor's report to the member of

Ensigna Construction Limited

Year ended 31 March 2025

Opinion

We have audited the financial statements of Ensigna Construction Limited (the 'company') for the year ended 31 March 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows 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 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 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’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 has 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 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 the 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: - Enquiry of management, being those charged with governance, and review of correspondence with the company's solicitors around actual and potential litigation claims.- Enquiry of company staff in compliance functions to identify any instances of non-compliance with laws and regulations.- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.- Performing audit work over the risk of management overide of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.- Performing audit work over the risk of fraud in revenue recognition including substantive testing and analytical procedures over the recording of revenue and testing of year end cut off.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. This 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 occuring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, ommission or misrepresentation. 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.

Other matters

The financial statements for the year ended 31st March 2023 were not subject to an audit.

Use of our report

This report is made solely to the company's member, 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 member those matters we are required to state to him in an auditors 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 member as a body, for our audit work, for this report, or for the opinions we have formed.

Edward Lindley (Senior Statutory Auditor)

For and on behalf of

Lindley & Co

Chartered Certified Accountants and Statutory Auditor

Suite 4 Europa House

Europa Way

Lichfield

Staffs

WS14 9TZ

12 December 2025

Ensigna Construction Limited

Statement of comprehensive income

Year ended 31 March 2025

		2025	2024
	Note	£	£


Turnover	4	15,890,729	20,772,319
Cost of sales		( 13,863,621)	( 18,066,232)
		_______	_______
Gross profit		2,027,108	2,706,087

Administrative expenses		( 1,647,245)	( 1,440,982)
		_______	_______
Operating profit	5	379,863	1,265,105

Other interest receivable and similar income	8	1,000	22,516
Interest payable and similar expenses	9	( 4,989)	( 5,164)
Profit before taxation		375,874	1,282,457

Tax on profit	10	( 117,403)	( 305,779)
		_______	_______
Profit for the financial year and total comprehensive income		258,471	976,678
		_______	_______

All the activities of the company are from continuing operations.

Ensigna Construction Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	12	203,293		210,644
		_______		_______
			203,293		210,644

Current assets
Stocks	13	907,711		-
Debtors	14	2,500,943		4,843,629
Cash at bank and in hand		1,136,293		1,483,947
		_______		_______
		4,544,947		6,327,576
Creditors: amounts falling due
within one year	15	( 1,540,245)		( 3,365,977)
		_______		_______
Net current assets			3,004,702		2,961,599
			_______		_______
Total assets less current liabilities			3,207,995		3,172,243

Creditors: amounts falling due
after more than one year	16		( 43,114)		( 50,250)

Provisions for liabilities	18		( 31,167)		( 31,750)

			_______		_______
Net assets			3,133,714		3,090,243
			_______		_______

Capital and reserves
Called up share capital	22		10,000		10,000
Profit and loss account	23		3,123,714		3,080,243
			_______		_______
Shareholder funds			3,133,714		3,090,243
			_______		_______

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

Mr Steve Wells

Director

Company registration number: 5771179

Ensigna Construction Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	10,000	2,550,565	2,560,565

Profit for the year		976,678	976,678
	_______	_______	_______
Total comprehensive income for the year	-	976,678	976,678

Dividends paid and payable		( 447,000)	( 447,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 447,000)	( 447,000)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	10,000	3,080,243	3,090,243

Profit for the year		258,471	258,471
	_______	_______	_______
Total comprehensive income for the year	-	258,471	258,471

Dividends paid and payable		( 215,000)	( 215,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 215,000)	( 215,000)

	_______	_______	_______
At 31 March 2025	10,000	3,123,714	3,133,714
	_______	_______	_______

Ensigna Construction Limited

Statement of cash flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities
Profit for the financial year	258,471	976,678

Adjustments for:
Depreciation of tangible assets	52,051	59,711
Other interest receivable and similar income	( 1,000)	( 22,516)
Interest payable and similar expenses	4,989	5,164
Gain/(loss) on disposal of tangible assets	( 1,125)	-
Tax on profit	117,403	305,779
Accrued expenses/(income)	( 433,460)	184,355

Changes in:
Stocks	( 907,711)	-
Trade and other debtors	2,342,686	( 2,473,642)
Trade and other creditors	( 1,145,502)	248,076
	_______	_______
Cash generated from operations	286,802	( 716,395)

Interest paid	( 4,989)	( 5,164)
Interest received	1,000	22,516
Tax paid	( 364,756)	( 166,733)
	_______	_______
Net cash used in operating activities	( 81,943)	( 865,776)
	_______	_______

Cash flows from investing activities
Purchase of tangible assets	( 56,219)	( 12,900)
Proceeds from sale of tangible assets	12,644	-
	_______	_______
Net cash used in investing activities	( 43,575)	( 12,900)
	_______	_______

Cash flows from financing activities
Payment of finance lease liabilities	( 7,136)	( 7,135)
Equity dividends paid	( 215,000)	( 447,000)
	_______	_______
Net cash used in financing activities	( 222,136)	( 454,135)
	_______	_______

Net increase/(decrease) in cash and cash equivalents	( 347,654)	( 1,332,811)
Cash and cash equivalents at beginning of year	1,483,947	2,816,758
	_______	_______
Cash and cash equivalents at end of year	1,136,293	1,483,947
	_______	_______

Ensigna Construction Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Unit 2 Churchill Court, Hortons Way, Westerham, Kent, BR1 3HZ.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. 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 capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 are subsequently stated at cost less any accumulated depreciation and 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 and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

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.

Stocks

Stocks are measured 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 the stocks to their present location and condition.

Hire purchase and finance leases

Assets held under finance leases 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.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

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.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Rendering of services	15,890,729	20,772,319
	_______	_______

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 is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	52,051	59,711
(Gain)/loss on disposal of tangible assets	( 1,125)	-
Operating lease rentals	15,866	16,466
Fees payable for the audit of the financial statements	5,000	5,000
	_______	_______

6. Staff costs

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

	2025	2024
Administrative staff	6	6
Contract managers	7	7
	_______	_______
	13	13
	_______	_______

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	769,032	639,545
Social security costs	83,143	67,408
Other pension costs	128,740	56,952
	_______	_______
	980,915	763,905
	_______	_______

7. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	24,000	23,500
Company contributions to pension schemes in respect of qualifying services	120,000	38,000
	_______	_______
	144,000	61,500
	_______	_______

8. Other interest receivable and similar income

	2025	2024
	£	£
Bank deposits	-	22,516
Other interest receivable and similar income	1,000	-
	_______	_______
	1,000	22,516
	_______	_______

9. Interest payable and similar expenses

		2025	2024
		£	£
Bank loans and overdrafts		-	175
Other loans made to the company:
	Finance leases and hire purchase contracts	4,989	4,989
		_______	_______
		4,989	5,164
		_______	_______

10. Tax on profit

Major components of tax expense

	2025	2024
	£	£
Current tax:
UK current tax expense	117,986	364,757
Adjustments in respect of previous periods	-	( 48,611)
	_______	_______

Deferred tax:
Origination and reversal of timing differences	( 583)	( 10,367)
	_______	_______
Tax on profit	117,403	305,779
	_______	_______

Reconciliation of tax expense

The tax assessed on the profit for the year is higher than (2024: lower than) the standard rate of corporation tax in the UK of 25.00 % (2024: 25.00%).

	2025	2024
	£	£
Profit before taxation	375,874	1,282,457
	_______	_______

Profit multiplied by rate of tax	93,969	320,614
Adjustments in respect of prior periods	-	( 48,611)
Effect of expenses not deductible for tax purposes	23,434	33,775
Effect of capital allowances and depreciation	583	10,368
Deferred tax	( 583)	( 10,367)
	_______	_______
Tax on profit	117,403	305,779
	_______	_______

11. Dividends

Equity dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	215,000	447,000
	_______	_______

12. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	10,535	5,852	386,108	402,495
Additions	-	-	56,219	56,219
Disposals	-	-	( 30,328)	( 30,328)
	_______	_______	_______	_______
At 31 March 2025	10,535	5,852	411,999	428,386
	_______	_______	_______	_______
Depreciation
At 1 April 2024	10,535	5,852	175,464	191,851
Charge for the year	-	-	52,051	52,051
Disposals	-	-	( 18,809)	( 18,809)
	_______	_______	_______	_______
At 31 March 2025	10,535	5,852	208,706	225,093
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	-	-	203,293	203,293
	_______	_______	_______	_______
At 31 March 2024	-	-	210,644	210,644
	_______	_______	_______	_______

Obligations under finance leases

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


		Motor vehicles
		£
	At 31 March 2025	50,249
		_______
	At 31 March 2024	68,947
		_______

13. Stocks

	2025	2024
	£	£
Work in progress	907,711	-
	_______	_______

14. Debtors

	2025	2024
	£	£
Trade debtors	2,324,140	4,734,231
Prepayments and accrued income	103,707	109,398
Other debtors	73,096	-
	_______	_______
	2,500,943	4,843,629
	_______	_______

15. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,042,610	2,022,203
Accruals and deferred income	86,625	520,085
Corporation tax	117,987	364,757
Social security and other taxes	284,838	450,747
Obligations under finance leases	7,135	7,135
Director loan accounts	1,050	1,050
	_______	_______
	1,540,245	3,365,977
	_______	_______

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

	2025	2024
	£	£
Obligations under finance leases	43,114	50,250
	_______	_______

17. Obligations under finance leases

Company lessee

The total future minimum lease payments under finance lease agreements are as follows:

	2025	2024
	£	£
Not later than 1 year	7,135	7,135
Later than 1 year and not later than 5 years	43,114	50,250
	_______	_______
	50,249	57,385
	_______	_______
Present value of minimum lease payments	50,249	57,385
	_______	_______

18. Provisions

	Deferred tax (note 19)	Total
	£	£
At 1 April 2024	31,750	31,750
Additions	( 583)	( 583)
	_______	_______
At 31 March 2025	31,167	31,167
	_______	_______

19. Deferred tax

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

	2025	2024
	£	£
Included in provisions (note 18)	31,167	31,750
	_______	_______

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

	2025	2024
	£	£
Accelerated capital allowances	31,167	31,750
	_______	_______

20. Employee benefits

The amount recognised in profit or loss in relation to defined contribution plans was £ 128,740 (2024: £ 56,952 ).

21. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2025	2024
	£	£
Financial assets that are debt instruments measured at amortised cost
Trade debtors	2,324,140	4,734,231
Other debtors	176,803	109,398
Cash at bank and in hand	1,136,293	1,483,947
	_______	_______
	3,637,236	6,327,576
	_______	_______

Financial liabilities measured at amortised cost
Trade creditors	1,042,610	2,022,203
Other creditors	497,635	1,343,774
	_______	_______
	1,540,245	3,365,977
	_______	_______

22. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	10,000	10,000	10,000	10,000
	_______	_______	_______	_______

23. Reserves

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

24. Analysis of changes in net debt

	At 1 April 2024	Cash flows	At 31 March 2025
	£	£	£
Cash and cash equivalents	1,483,947	(347,654)	1,136,293
Debt due within one year	(8,185)	-	(8,185)
Debt due after one year	(50,250)	7,136	(43,114)
	_______	_______	_______
	1,425,512	( 340,518)	1,084,994
	_______	_______	_______

25. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2025	2024
	£	£
Mr Steve Wells	1,050	1,050
	_______	_______

26. Related party transactions

The company received services from Marley Building Consultancy Limited in the sum of £120,551 (2024 £122,995), a company in which Mr Adam Marley is a director.

27. Controlling party

The company is under the control of Mr S Wells and Mrs M Wells who togther control 100% of the issued share capital.