39 false false false false true false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,022,679 2,302,757 9,708 2,426 7,282 xbrli:pure xbrli:shares iso4217:GBP 04172442 2024-04-01 2025-03-31 04172442 2025-03-31 04172442 2024-03-31 04172442 2023-04-01 2024-03-31 04172442 2024-03-31 04172442 2023-03-31 04172442 core:PlantMachinery 2024-04-01 2025-03-31 04172442 core:FurnitureFittings 2024-04-01 2025-03-31 04172442 bus:RegisteredOffice 2024-04-01 2025-03-31 04172442 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 04172442 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 04172442 bus:Director1 2024-04-01 2025-03-31 04172442 bus:CompanySecretary1 2024-04-01 2025-03-31 04172442 core:WithinOneYear 2025-03-31 04172442 core:WithinOneYear 2024-03-31 04172442 core:PlantMachinery 2024-03-31 04172442 core:FurnitureFittings 2024-03-31 04172442 core:PlantMachinery 2025-03-31 04172442 core:FurnitureFittings 2025-03-31 04172442 core:UKTax 2024-04-01 2025-03-31 04172442 core:UKTax 2023-04-01 2024-03-31 04172442 core:RetainedEarningsAccumulatedLosses 2024-03-31 04172442 core:RetainedEarningsAccumulatedLosses 2023-03-31 04172442 core:RetainedEarningsAccumulatedLosses 2025-03-31 04172442 core:RetainedEarningsAccumulatedLosses 2024-03-31 04172442 core:ShareCapital 2025-03-31 04172442 core:ShareCapital 2024-03-31 04172442 1 2024-04-01 2025-03-31 04172442 1 2023-04-01 2024-03-31 04172442 core:DeferredTaxation 2024-04-01 2025-03-31 04172442 core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 04172442 core:AcceleratedTaxDepreciationDeferredTax 2024-03-31 04172442 core:PlantMachinery 2024-03-31 04172442 core:FurnitureFittings 2024-03-31 04172442 core:DeferredTaxation 2024-03-31 04172442 core:DeferredTaxation 2025-03-31 04172442 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 04172442 bus:MediumEntities 2024-04-01 2025-03-31 04172442 bus:Audited 2024-04-01 2025-03-31 04172442 bus:Medium-sizedCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04172442 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04172442 bus:FullAccounts 2024-04-01 2025-03-31 04172442 bus:OrdinaryShareClass1 2025-03-31 04172442 bus:OrdinaryShareClass1 2024-03-31 04172442 core:ComputerEquipment 2024-04-01 2025-03-31 04172442 core:ComputerEquipment 2025-03-31 04172442 core:ComputerEquipment 2024-03-31
COMPANY REGISTRATION NUMBER: 04172442
ACKLAM CAR CENTRE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 March 2025
ACKLAM CAR CENTRE LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
CONTENTS
PAGES
Officers and professional advisers
1
Strategic report
2
Director's report
3 to 4
Independent auditor's report to the member
5 to 8
Statement of income and retained earnings
9
Statement of financial position
10
Statement of cash flows
11
Notes to the financial statements
12 to 17
ACKLAM CAR CENTRE LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
DIRECTOR
K Andrews
COMPANY SECRETARY
P E Andrews
REGISTERED OFFICE
237 Acklam Road
Middlesbrough
TS5 7AB
AUDITOR
Wine & Co
Chartered Accountants & statutory auditor
20-22 Bridge End
Leeds
LS1 4DJ
ACKLAM CAR CENTRE LIMITED
STRATEGIC REPORT
YEAR ENDED 31 MARCH 2025
PRINCIPAL OBJECTIVES
The principal activity of the company is that of a car dealership.
REVIEW OF THE BUSINESS
The director considers that the company has had another successful year in terms of growing market share and sales and considers the level of turnover, gross profit and year end position to be satisfactory. The director is also pleased with the company's achievements in obtaining further prestigious industry accolades during the year. It is hoped that this continued recognition will continue to contribute towards the company's aim to continue market growth in future periods.
PRINCIPAL RISKS AND UNCERTAINTIES
There are a number of risks and uncertainties facing the business at any given time and as such these are reviewed on an ongoing basis and, where possible, appropriate action is taken to mitigate the impact of these risks. Whilst the general economic outlook remains uncertain it creates difficulty in predicting the future with any level of certainty. It is however deemed appropriate to maintain a cautious level of optimism towards future periods in view of the continued recent growth and plans for the future.
KEY FINANCIAL PERFORMANCE INDICATORS
The key financial performance indicators are considered to be those that communicate the financial performance of the company as a whole. These are turnover, gross profit margin and net profit margin. Turnover was £122,711,332 (2024 - £116,716,953). Gross profit margin was 4.55% (2024 - 3.96%). Gross profit margin is calculated as gross profit divided by turnover. Net profit margin was 1.65% (2024 - 1.97%). Net profit margin is calculated as profit for the financial year and total comprehensive income divided by turnover.
FUTURE DEVELOPMENTS
The company aims to continue to grow its existing market share, by continuing to utilise its recent recognition within the trade industry.
This report was approved by the board of directors on 16 December 2025 and signed on behalf of the board by:
K Andrews
Director
Registered office:
237 Acklam Road
Middlesbrough
TS5 7AB
ACKLAM CAR CENTRE LIMITED
DIRECTOR'S REPORT
YEAR ENDED 31 MARCH 2025
The director presents his report and the financial statements of the company for the year ended 31 March 2025 .
DIRECTOR
The director who served the company during the year was as follows:
K Andrews
DIVIDENDS
The director does not recommend the payment of a dividend.
FINANCIAL INSTRUMENTS
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss.
The company holds the following financial assets and liabilities:
Cash, Short-term trade and other debtors, and creditors.
Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
DIRECTOR'S RESPONSIBILITIES STATEMENT
The director is responsible for preparing the strategic report, director's report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless he is 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 director is required to: - select suitable accounting policies and then apply them consistently; - make judgments 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 director is 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. He is 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 16 December 2025 and signed on behalf of the board by:
K Andrews
Director
Registered office:
237 Acklam Road
Middlesbrough
TS5 7AB
ACKLAM CAR CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF ACKLAM CAR CENTRE LIMITED
YEAR ENDED 31 MARCH 2025
OPINION
We have audited the financial statements of Acklam Car Centre Limited (the 'company') for the year ended 31 March 2025 which comprise the statement of income and retained earnings, statement of financial position, statement of cash flows and the related notes, 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; - 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 director's 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 director 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 director is 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 director's report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the strategic report and the director's report have been prepared in accordance with applicable legal requirements.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
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; or - the director was not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the director's report.
RESPONSIBILITIES OF THE DIRECTOR
As explained more fully in the director's responsibilities statement, the director is 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 director determines 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 director is 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 director either intends to liquidate the company or to cease operations, or has 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: Irregularities that result from fraud are inherently more difficult to detect than irregularities that result from error. We consider that our audit procedures are designed and carried out to give a reasonable expectation that material misstatements resulting from fraud would be discovered. 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 director. - Conclude on the appropriateness of the director's 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. 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 them in an auditor's 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.
JEFFREY WINE
(Senior Statutory Auditor)
For and on behalf of
Wine & Co
Chartered Accountants & statutory auditor
20-22 Bridge End
Leeds
LS1 4DJ
16 December 2025
ACKLAM CAR CENTRE LIMITED
STATEMENT OF INCOME AND RETAINED EARNINGS
YEAR ENDED 31 MARCH 2025
2025
2024
Note
£
£
TURNOVER
4
122,711,332
116,716,953
Cost of sales
( 117,126,194)
( 112,094,920)
--------------
--------------
GROSS PROFIT
5,585,138
4,622,033
Administrative expenses
( 3,999,308)
( 2,939,207)
Other operating income
5
1,109,233
1,397,235
------------
------------
OPERATING PROFIT
6
2,695,063
3,080,061
Other interest receivable and similar income
10
26,014
15,797
Interest payable and similar expenses
11
( 10,033)
( 14,536)
------------
------------
PROFIT BEFORE TAXATION
2,711,044
3,081,322
Tax on profit
12
( 688,365)
( 778,565)
------------
------------
PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE INCOME
2,022,679
2,302,757
------------
------------
RETAINED EARNINGS AT THE START OF THE YEAR
10,512,389
8,209,632
-------------
-------------
RETAINED EARNINGS AT THE END OF THE YEAR
12,535,068
10,512,389
-------------
-------------
All the activities of the company are from continuing operations.
ACKLAM CAR CENTRE LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2025
2025
2024
Note
£
£
£
FIXED ASSETS
Tangible assets
13
29,128
38,830
CURRENT ASSETS
Stocks
14
10,681,679
8,006,573
Debtors
15
1,504,367
2,699,566
Cash at bank and in hand
2,938,568
2,235,939
-------------
-------------
15,124,614
12,942,078
CREDITORS: amounts falling due within one year
16
( 2,611,292)
( 2,458,711)
-------------
-------------
NET CURRENT ASSETS
12,513,322
10,483,367
-------------
-------------
TOTAL ASSETS LESS CURRENT LIABILITIES
12,542,450
10,522,197
PROVISIONS
Taxation including deferred tax
17
( 7,282)
( 9,708)
-------------
-------------
NET ASSETS
12,535,168
10,512,489
-------------
-------------
CAPITAL AND RESERVES
Called up share capital
20
100
100
Profit and loss account
12,535,068
10,512,389
-------------
-------------
SHAREHOLDER FUNDS
12,535,168
10,512,489
-------------
-------------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.
These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:
K Andrews
Director
Company registration number: 04172442
ACKLAM CAR CENTRE LIMITED
STATEMENT OF CASH FLOWS
YEAR ENDED 31 MARCH 2025
2025
2024
£
£
CASH FLOWS FROM OPERATING ACTIVITIES
Profit for the financial year
2,022,679
2,302,757
Adjustments for:
Depreciation of tangible assets
9,702
12,370
Other interest receivable and similar income
( 26,014)
( 15,797)
Interest payable and similar expenses
10,033
14,536
Tax on profit
688,365
778,565
Accrued expenses/(income)
69,542
( 38,870)
Changes in:
Stocks
( 2,675,106)
763,767
Trade and other debtors
1,195,199
( 1,479,990)
Trade and other creditors
334,657
236,488
------------
------------
Cash generated from operations
1,629,057
2,573,826
Interest paid
( 10,033)
( 14,536)
Interest received
26,014
15,797
Tax paid
( 942,409)
( 844,513)
------------
------------
Net cash from operating activities
702,629
1,730,574
------------
------------
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of tangible assets
–
( 9,933)
------------
------------
Net cash used in investing activities
–
( 9,933)
------------
------------
NET INCREASE IN CASH AND CASH EQUIVALENTS
702,629
1,720,641
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
2,235,939
515,298
------------
------------
CASH AND CASH EQUIVALENTS AT END OF YEAR
2,938,568
2,235,939
------------
------------
ACKLAM CAR CENTRE 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 and Wales. The address of the registered office is 237 Acklam Road, Middlesbrough, TS5 7AB.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Deferred tax
Deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.
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
Fixtures and fittings
-
20% reducing balance
Computer equipment
-
25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving and obsolete items.
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
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. TURNOVER
Turnover arises from:
2025
2024
£
£
Sale of goods
121,905,259
116,064,196
Rendering of services
806,073
652,757
--------------
--------------
122,711,332
116,716,953
--------------
--------------
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
5. OTHER OPERATING INCOME
2025
2024
£
£
Commission receivable
1,109,233
1,397,235
------------
------------
6. OPERATING PROFIT
Operating profit or loss is stated after charging/crediting:
2025
2024
£
£
Depreciation of tangible assets
9,702
12,370
Impairment of trade debtors
(3,424)
16,200
-------
--------
7. AUDITOR'S REMUNERATION
2025
2024
£
£
Fees payable for the audit of the financial statements
10,000
10,000
--------
--------
8. STAFF COSTS
The average number of persons employed by the company during the year, including the director, amounted to:
2025
2024
No.
No.
Production staff
18
17
Administrative staff
20
21
Management staff
1
1
----
----
39
39
----
----
The aggregate payroll costs incurred during the year, relating to the above, were:
2025
2024
£
£
Wages and salaries
2,879,661
2,795,624
Social security costs
10,893
14,628
Other pension costs
25,058
23,306
------------
------------
2,915,612
2,833,558
------------
------------
9. DIRECTOR'S REMUNERATION
The director's aggregate remuneration in respect of qualifying services was:
2025
2024
£
£
Remuneration
98,929
129,729
--------
---------
10. OTHER INTEREST RECEIVABLE AND SIMILAR INCOME
2025
2024
£
£
Interest on cash and cash equivalents
26,014
15,797
--------
--------
11. INTEREST PAYABLE AND SIMILAR EXPENSES
2025
2024
£
£
Interest on Corporation tax payment plan
10,033
14,536
--------
--------
12. TAX ON PROFIT
Major components of tax expense
2025
2024
£
£
Current tax:
UK current tax expense
690,791
778,434
Adjustments in respect of prior periods
–
( 1,862)
---------
---------
Total current tax
690,791
776,572
---------
---------
Deferred tax:
Origination and reversal of timing differences
( 2,426)
1,993
---------
---------
Tax on profit
688,365
778,565
---------
---------
Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).
2025
2024
£
£
Profit on ordinary activities before taxation
2,711,044
3,081,322
------------
------------
Profit on ordinary activities by rate of tax
677,761
770,331
Adjustment to tax charge in respect of prior periods
–
( 1,862)
Effect of expenses not deductible for tax purposes
10,604
10,586
Effect of capital allowances and depreciation
( 2,426)
( 2,483)
Deferred taxation
2,426
1,993
------------
------------
Tax on profit
688,365
778,565
------------
------------
13. TANGIBLE ASSETS
Plant and machinery
Fixtures and fittings
Computer equipment
Total
£
£
£
£
Cost
At 1 April 2024 and 31 March 2025
91,267
11,816
15,425
118,508
--------
--------
--------
---------
Depreciation
At 1 April 2024
52,779
11,474
15,425
79,678
Charge for the year
9,630
72
–
9,702
--------
--------
--------
---------
At 31 March 2025
62,409
11,546
15,425
89,380
--------
--------
--------
---------
Carrying amount
At 31 March 2025
28,858
270
–
29,128
--------
--------
--------
---------
At 31 March 2024
38,488
342
–
38,830
--------
--------
--------
---------
14. STOCKS
2025
2024
£
£
Raw materials and consumables
10,681,679
8,006,573
-------------
------------
15. DEBTORS
2025
2024
£
£
Trade debtors
587,195
1,237,922
Prepayments and accrued income
55,677
38,676
Amounts due from related parties
31,841
680,000
Other debtors
829,654
742,968
------------
------------
1,504,367
2,699,566
------------
------------
16. CREDITORS: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,701,554
1,472,893
Accruals and deferred income
202,501
132,959
Corporation tax
220,791
472,409
Social security and other taxes
457,243
353,721
Other creditors
29,203
26,729
------------
------------
2,611,292
2,458,711
------------
------------
17. PROVISIONS
Deferred tax (note 18)
£
At 1 April 2024
9,708
Charge against provision
( 2,426)
-------
At 31 March 2025
7,282
-------
18. DEFERRED TAX
The deferred tax included in the statement of financial position is as follows:
2025
2024
£
£
Included in provisions (note 17)
7,282
9,708
-------
-------
The deferred tax account consists of the tax effect of timing differences in respect of:
2025
2024
£
£
Accelerated capital allowances
7,282
9,708
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19. EMPLOYEE BENEFITS
Defined contribution plans
The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 25,058 (2024: £ 23,306 ).
20. CALLED UP SHARE CAPITAL
Authorised share capital
2025
2024
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
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----
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----
Issued, called up and fully paid
2025
2024
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
21. ANALYSIS OF CHANGES IN NET DEBT
At 1 Apr 2024
Cash flows
At 31 Mar 2025
£
£
£
Cash at bank and in hand
2,235,939
702,629
2,938,568
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