Registration number: 05365765

Shropshire Sand and Gravel Company Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Shropshire Sand and Gravel 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

Shropshire Sand and Gravel Company Limited

(Registration number: 05365765)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	901,850	1,405,312
Current assets
Stocks	5	257,702	216,932
Debtors	6	1,971,620	1,161,596
Cash at bank and in hand		356	381
		2,229,678	1,378,909
Creditors: Amounts falling due within one year	7	(1,198,731)	(1,099,726)
Net current assets		1,030,947	279,183
Total assets less current liabilities		1,932,797	1,684,495
Provisions for liabilities		-	(17,766)
Net assets		1,932,797	1,666,729
Capital and reserves
Called up share capital	8	100	100
Retained earnings		1,932,697	1,666,629
Shareholders' funds		1,932,797	1,666,729

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.

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.

Shropshire Sand and Gravel Company Limited

(Registration number: 05365765)
Balance Sheet as at 31 December 2024

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

Shropshire Sand and Gravel 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

The principal place of business is:
Bridgwalton Quarry
Telegraph Lane
Morville
Bridgnorth
Shropshire
WV16 6TY

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.

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.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Shropshire Sand and Gravel Company Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

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
Quarry development costs	Fully depreciated
Plant and machinery	7 years straight line, 20% reducing balance & 20% straight line
Fixtures and fittings	33% straight line

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 in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Shropshire Sand and Gravel Company Limited

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

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 12 (2023 - 12).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	505,239	28,293	2,768,919	3,302,451
Additions	-	1,539	44,764	46,303
Disposals	-	(4,875)	(1,307,587)	(1,312,462)
At 31 December 2024	505,239	24,957	1,506,096	2,036,292
Depreciation
At 1 January 2024	186,208	24,529	1,686,402	1,897,139
Charge for the year	-	1,896	263,743	265,639
Eliminated on disposal	-	(4,875)	(1,023,461)	(1,028,336)
At 31 December 2024	186,208	21,550	926,684	1,134,442
Carrying amount
At 31 December 2024	319,031	3,407	579,412	901,850
At 31 December 2023	319,031	3,764	1,082,517	1,405,312

5

Stocks

	2024 £	2023 £
Other inventories	257,702	216,932

Shropshire Sand and Gravel Company Limited

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

6

Debtors

	Note	2024 £	2023 £
Trade debtors		-	30,000
Amounts owed by group undertakings and undertakings in which the company has a participating interest	10	284,155	250,724
Prepayments		187,232	12,039
Other debtors		1,500,233	868,833
		1,971,620	1,161,596

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	9	-	8,275
Trade creditors		13,505	16,855
Amounts owed to group undertakings and undertakings in which the company has a participating interest	10	650,779	643,929
Taxation and social security		108,199	48,351
Accruals and deferred income		133,252	112,109
Other creditors		292,996	270,207
		1,198,731	1,099,726

Shropshire Sand and Gravel Company Limited

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

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

9	Loans and borrowings

Current loans and borrowings

	2024 £	2023 £
Hire purchase contracts	-	8,275

The hire purchase contract liabilities are secured.

10	Related party transactions

The company has taken advantage of the exemption of FRS 102 not to disclose related party transactions with wholly owned subsidiaries within the group.

Summary of transactions with other related parties

R M Parton is a director of Salop Sand & Gravel Supply Company Limited, Salop Sand and Gravel Limited and of The Mortar and Screed Company Limited.
 
At 31 December 2024, there were amounts were due from / (to) these related parties totalling £1,497,935 (2023 - £851,308), included in Other debtors and (£271,840) (2023 - (£264,840)) included in Other creditors.

 

11	Parent and ultimate parent undertaking

The company's immediate parent is S S G Investments Holdings Limited, incorporated in England and Wales.

 The ultimate parent is S S G Quarries Limited, incorporated in England and Wales.

  These financial statements are available upon request from Companies House