REGISTERED NUMBER: 03181132 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Chepstow Construction & Maintenance

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E A Hayward

T J Corcoran

REGISTERED OFFICE:

Beacon Court

Norman Way

Severn Bridge Industrial Estate

Portskewett

Monmouthshire

NP26 5PT

REGISTERED NUMBER:

03181132 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

4

176,715

201,869

CURRENT ASSETS

Stocks

117,871

49,474

Debtors

5

432,552

341,029

Cash at bank

42,677

81,659

593,100

472,162

CREDITORS

Amounts falling due within one year

6

190,431

133,864

NET CURRENT ASSETS

402,669

338,298

TOTAL ASSETS LESS CURRENT LIABILITIES

579,384

540,167

CREDITORS

Amounts falling due after more than one year

7

29,950

-

NET ASSETS

549,434

540,167

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

549,334

540,067

SHAREHOLDERS' FUNDS

549,434

540,167

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 23 December 2025 and were signed on its behalf by:

E A Hayward - Director

T J Corcoran - Director

1.	STATUTORY INFORMATION

Chepstow Construction & Maintenance 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

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 cost

Work in progress

Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct costs and an appropriate proportion of production overheads.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

213,980

Additions

47,751

At 31 March 2025

261,731

DEPRECIATION

At 1 April 2024

12,111

Charge for year

72,905

At 31 March 2025

85,016

NET BOOK VALUE

At 31 March 2025

176,715

At 31 March 2024

201,869

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

106,740

119,579

Other debtors

318,373

208,950

Accrued income

7,439

12,500

432,552

341,029

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

36,316

55,660

Tax

-

22,884

Social security and other taxes

20,020

10,141

VAT

34,236

34,607

Accrued expenses

99,859

10,572

190,431

133,864

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

29,950

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

540,067

Profit for the year

9,267

At 31 March 2025

549,334

10.	RELATED PARTY DISCLOSURES

The holding company is Ratecrest Limited.

During the year transactions were entered into with entities under the common control of key management personnel as follows:

Sales in the sum of £289,821 and purchases in the sum of £165,440 with year end net balances included in debtors and creditors in the sums of £15,555 and £912.