REGISTERED NUMBER: 08516859 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NRS SAREDON AGGREGATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M C Ketcher

K D Montgomery

D Forder

SECRETARY:

Ms L J Shirley

REGISTERED OFFICE:

NRS House

Site 7, Meriden Park

Cornets End Lane

Meriden

CV7 7LG

REGISTERED NUMBER:

08516859 (England and Wales)

AUDITORS:

D.R.E. & Co. (Audit) Limited

Kingsland House

39 Abbey Foregate

Shrewsbury

Shropshire

SY2 6BL

CURRENT ASSETS

Stocks

5

575,864

313,537

Debtors

6

2,189,958

10,215,867

Cash at bank

661,112

460,120

3,426,934

10,989,524

CREDITORS

Amounts falling due within one year

7

1,469,659

9,258,301

NET CURRENT ASSETS

1,957,275

1,731,223

TOTAL ASSETS LESS CURRENT LIABILITIES

1,957,275

1,731,223

CAPITAL AND RESERVES

Called up share capital

9

500

500

Retained earnings

1,956,775

1,730,723

SHAREHOLDERS' FUNDS

1,957,275

1,731,223

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 10 December 2025 and were signed on its behalf by:

M C Ketcher - Director

1.	STATUTORY INFORMATION

NRS Saredon Aggregates Limited is a private company, limited by shares, incorporated and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The principal place of business is Saredon Rd, Shareshill, Wolverhampton WV10 7LF.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

Turnover

Turnover represents net invoiced sales of goods excluding value added tax. Turnover is recognised when goods have been despatched or made available for collection by the customer.

Stocks

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

Financial instruments

The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including trade and other receivables, amounts due from group companies and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit or loss.

Financial assets are derecognised when

(a) the contractual rights to the cash flows from the asset expire or are settled, or

(b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

(ii) Financial liabilities

Basic financial liabilities, including trade and other payables and amounts due to group companies, are initially recognised at transaction price and subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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 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.

Restoration provision

No provision is being made for the anticipated costs of site restoration on the basis that the net present value of future income flows are anticipated to be greater than the anticipated costs of restoration.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 19 ) .

5.

STOCKS

31.3.25

31.3.24

£

£

Aggregate material

575,864

313,537

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,446,502

1,223,915

Amounts owed by group undertakings

146,605

8,156,488

Amounts owed by related parties

979

-

Corporation tax

301,291

279,080

Deferred tax asset

2,611

-

Prepayments and accrued income

291,970

556,384

2,189,958

10,215,867

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

785,678

781,446

Amounts owed to group undertakings

367,230

8,126,426

VAT

147,563

129,390

Amounts owed to related parties

210

-

Accrued expenses

168,978

221,039

1,469,659

9,258,301

8.	SECURED DEBTS

Debenture dated 10 June 2013 between NRS Saredon Aggregates Limited and HSBC Bank UK Plc with a fixed and floating charge over all assets currently or at any time afterwards owned by the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

500

Ordinary

£1

500

500

Ordinary shares are entitled to full voting rights and dividends.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Francis Nock F.C.C.A (Senior Statutory Auditor)

for and on behalf of D.R.E. & Co. (Audit) Limited

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is LAF Holdings Limited, a company registered in England and Wales, by way of its majority shareholding in the parent company. No one person has ultimate control.