Registration number: 13795908

Salop Sand and Gravel Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Salop Sand and Gravel 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 Limited

(Registration number: 13795908)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,634,832	1,727,957
Current assets
Stocks	5	201,000	210,000
Debtors	6	1,009,723	24,544
Cash at bank and in hand		676	102
		1,211,399	234,646
Creditors: Amounts falling due within one year	7	(2,799,800)	(1,924,015)
Net current liabilities		(1,588,401)	(1,689,369)
Net assets		46,431	38,588
Capital and reserves
Called up share capital		100	100
Retained earnings		46,331	38,488
Shareholders' funds		46,431	38,588

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.

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 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 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
Leasehold quarry	Depreciated in line with tonnage extracted
Plant and machinery	12.5% - 20% straight line
Fixtures and fittings	20% straight line
Motor vehicles	20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2023 - 7).

Salop Sand and Gravel 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	818,071	26,172	3,046,050	3,890,293
Additions	71,438	2,454	152,981	226,873
Disposals	-	-	(56,008)	(56,008)
At 31 December 2024	889,509	28,626	3,143,023	4,061,158
Depreciation
At 1 January 2024	126,469	19,260	2,016,607	2,162,336
Charge for the year	-	1,994	307,149	309,143
Eliminated on disposal	-	-	(45,153)	(45,153)
At 31 December 2024	126,469	21,254	2,278,603	2,426,326
Carrying amount
At 31 December 2024	763,040	7,372	864,420	1,634,832
At 31 December 2023	691,602	6,912	1,029,443	1,727,957

Included within the net book value of land and buildings above is £579,253 (2023 - £576,159) in respect of freehold land and buildings and £183,787 (2023 - £115,443) in respect of short leasehold land and buildings.
 

5

Stocks

	2024 £	2023 £
Other inventories	201,000	210,000

6

Debtors

	Note	2024 £	2023 £
Trade debtors		-	1,618
Amounts owed by group undertakings and undertakings in which the company has a participating interest	8	860,368	-
Prepayments		148,462	22,033
Other debtors		893	893
		1,009,723	24,544

Salop Sand and Gravel Limited

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

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		42,729	43,235
Amounts owed to group undertakings and undertakings in which the company has a participating interest	8	-	320,718
Taxation and social security		561,232	205,347
Accruals and deferred income		711,001	99,305
Other creditors		1,484,838	1,255,410
		2,799,800	1,924,015

8	Related party transactions

Summary of transactions with other related parties

Companies which the director also has an interest in
 At the period end monies were due to these related parties of £1,484,057 (2023 - £1,254,610), which are included in Other creditors, and from these related parties of £893 (2023 - £893), which are included in Other debtors
 

9	Parent and ultimate parent undertaking

The company's immediate parent is Salop Sand & Gravel Holdings Limited, incorporated in England & Wales.