REGISTERED NUMBER: 02171628 (England and Wales)

Cardiff Marble & Terrazo Company Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K S Roche

SECRETARY:

N M Spear

REGISTERED OFFICE:

Suite 2d, Building 1

Eastern Business Park

Wern Fawr Lane

St Mellons

Cardiff

CF3 5EA

REGISTERED NUMBER:

02171628 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 2d,

Building 1 Eastern Business Park

St Mellons

Cardiff

CF3 5EA

FIXED ASSETS

Tangible assets

4

121,003

161,621

CURRENT ASSETS

Stocks

45,941

45,172

Debtors

5

187,097

205,785

Cash at bank and in hand

778,492

865,293

1,011,530

1,116,250

CREDITORS

Amounts falling due within one year

6

253,699

289,717

NET CURRENT ASSETS

757,831

826,533

TOTAL ASSETS LESS CURRENT LIABILITIES

878,834

988,154

CREDITORS

Amounts falling due after more than one year

7

(5,905

)

(16,488

)

PROVISIONS FOR LIABILITIES

9

(20,863

)

(39,264

)

NET ASSETS

852,066

932,402

CAPITAL AND RESERVES

Called up share capital

10

6,757

6,757

Retained earnings

845,309

925,645

SHAREHOLDERS' FUNDS

852,066

932,402

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 director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

K S Roche - Director

1.	STATUTORY INFORMATION

Cardiff Marble & Terrazo Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

The turnover shown in the profit and loss account represents amounts invoiced during the year for the supply and installation of marble and terrazzo products, exclusive of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation. Costs include those directly attributable to making the asset capable of operating as intended.

Stocks

The value of stock and work in progress has been estimated by the director.

Financial instruments

Basic financial instruments are recognised at amortised cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

100,146

714,581

59,329

172,499

1,046,555

DEPRECIATION

At 1 April 2024

98,276

615,193

48,940

122,525

884,934

Charge for year

680

24,847

2,598

12,493

40,618

At 31 March 2025

98,956

640,040

51,538

135,018

925,552

NET BOOK VALUE

At 31 March 2025

1,190

74,541

7,791

37,481

121,003

At 31 March 2024

1,870

99,388

10,389

49,974

161,621

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

39,328

46,414

Amounts owed by group undertakings

136,436

121,140

Other debtors

11,333

38,231

187,097

205,785

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,375

10,119

Hire purchase contracts

-

3,696

Trade creditors

37,033

64,868

Taxation and social security

54,167

42,744

Other creditors

152,124

168,290

253,699

289,717

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

5,258

15,626

Other creditors

647

862

5,905

16,488

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

-

3,696

The hire purchase liability is secured over the associated fixed assets.

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

20,863

39,264

Deferred

tax

£

Balance at 1 April 2024

39,264

Provided during year

(18,401

)

Balance at 31 March 2025

20,863

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

6,675

A Ordinary

£1

6,675

6,675

80

B Ordinary

£1

80

80

1

C Ordinary

£1

1

1

1

D Ordinary

£1

1

1

6,757

6,757

11.	RELATED PARTY DISCLOSURES

The reporting entity was owed £136,436 (2024: £121,140) at year end by a group member.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is KSR Holdings Limited.

The ultimate controlling party is K S Roche.