Registration number: 00681822

Salop Sand and Gravel Supply Company Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Salop Sand and Gravel Supply Company Limited

Company Information

Director

R M Parton

Registered office

The Oaklands Station Road Admaston Telford Shropshire TF5 0AN

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Salop Sand and Gravel Supply Company Limited

(Registration number: 00681822)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	3,128,138	2,710,470
Investments	5	201	201
		3,128,339	2,710,671
Current assets
Debtors	6	8,828,619	6,229,614
Cash at bank and in hand		106	29,764
		8,828,725	6,259,378
Creditors: Amounts falling due within one year	7	(6,120,803)	(2,960,382)
Net current assets		2,707,922	3,298,996
Total assets less current liabilities		5,836,261	6,009,667
Creditors: Amounts falling due after more than one year	7	(2,230,484)	(1,989,536)
Net assets		3,605,777	4,020,131
Capital and reserves
Called up share capital	8	674	674
Capital redemption reserve		826	826
Retained earnings		3,604,277	4,018,631
Shareholders' funds		3,605,777	4,020,131

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Salop Sand and Gravel Supply Company Limited

(Registration number: 00681822)
Balance Sheet as at 31 December 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 December 2025
 

R M Parton Director

Salop Sand and Gravel Supply Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Oaklands
Station Road
Admaston
Telford
Shropshire
TF5 0AN

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Salop Sand and Gravel Supply Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold quarry	Fully depreciated to minimal land value
Plant and machinery	12.5% - 20% straight line
Fixtures and fittings	20% straight line
Motor vehicles	20% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making allowances for obsolete and slow moving items.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2023 - 9).

Salop Sand and Gravel Supply Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	1,164,584	94,107	1,746,767	3,005,458
Additions	833,615	10,080	16,250	859,945
Disposals	-	-	(165,025)	(165,025)
At 31 December 2024	1,998,199	104,187	1,597,992	3,700,378
Depreciation
At 1 January 2024	-	55,040	239,948	294,988
Charge for the year	-	16,053	317,702	333,755
Eliminated on disposal	-	-	(56,503)	(56,503)
At 31 December 2024	-	71,093	501,147	572,240
Carrying amount
At 31 December 2024	1,998,199	33,094	1,096,845	3,128,138
At 31 December 2023	1,164,584	39,067	1,506,819	2,710,470

Included within the net book value of land and buildings above is £1,976,929 in respect of freehold land and buildings and £21,270 in respect of short leasehold land and buildings.
 

Included in the carrying value of tangible fixed assets are assets held under finance leases with a net book value at the year end of £1,096,845. The depreciation charge for the year on these assets amounted to £317,702.

Salop Sand and Gravel Supply Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5	Investments

	2024 £	2023 £
Investments in subsidiaries	201	201