REGISTERED NUMBER: 05604492 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

PROCLAD (DEVELOPMENTS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A A Bell

Mrs R Bell

T J Bell

SECRETARY:

Mrs R Bell

REGISTERED OFFICE:

Croft Cottage

Snail Hill

Rotherham

South Yorkshire

S60 2BZ

REGISTERED NUMBER:

05604492 (England and Wales)

ACCOUNTANTS:

S Burgess & Co Ltd

11 Slayleigh Avenue

Sheffield

South Yorkshire

S10 3RA

FIXED ASSETS

Tangible assets

4

117,972

24,754

CURRENT ASSETS

Stocks

5

3,676

14,042

Debtors

6

1,728,420

957,415

Cash at bank

1,001,746

793,129

2,733,842

1,764,586

CREDITORS

Amounts falling due within one year

7

1,186,412

476,907

NET CURRENT ASSETS

1,547,430

1,287,679

TOTAL ASSETS LESS CURRENT LIABILITIES

1,665,402

1,312,433

CREDITORS

Amounts falling due after more than one year

8

(331,974

)

(26,449

)

PROVISIONS FOR LIABILITIES

10

(4,647

)

(6,189

)

NET ASSETS

1,328,781

1,279,795

CAPITAL AND RESERVES

Called up share capital

12,100

12,100

Retained earnings

1,316,681

1,267,695

SHAREHOLDERS' FUNDS

1,328,781

1,279,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 5 January 2026 and were signed on its behalf by:

A A Bell - Director

Mrs R Bell - Director

1.	STATUTORY INFORMATION

Proclad (Developments) 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.

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.

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

Turnover

Turnover comprises the invoiced value of cladding supply and installation contract services, excluding value added tax. Turnover is recognised in accordance with the contract terms, with contracts ongoing over the year end treated in accordance with the accounting policy set out below under the heading "stocks and work in progress".

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period, The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

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.

Stocks & work in progress

Stock principally comprises fixings, panels and miscellaneous parts, which are all valued at cost.

Contract work in progress is stated at cost, net of amounts transferred to cost of sales, less any foreseeable losses and progress payments received and receivable, not matched with turnover. A foreseeable loss is that which is currently estimated to arise over the duration of any contract, irrespective of the amount of work carried out at the balance sheet date.

Profit on long term contracts is recognised when the outcome of contracts can be assessed with reasonable certainty, and is that amount which is estimated to reflect fairly the profit arising up to the accounting date. Profit on long term contracts is recognised in the profit and loss account as the difference between the reported turnover, and the related costs.

Debtors and creditors due within one year

Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment

At each balance sheet date, assets not measured at fair value are reviewed for any indication that the asset may be impaired at the balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit and loss account unless the asset is carried at a revalued amount, where the impairment loss is recognised as a revaluation reduction.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 September 2024

19,117

27,870

46,987

Additions

-

129,799

129,799

At 31 August 2025

19,117

157,669

176,786

DEPRECIATION

At 1 September 2024

15,266

6,967

22,233

Charge for year

770

35,811

36,581

At 31 August 2025

16,036

42,778

58,814

NET BOOK VALUE

At 31 August 2025

3,081

114,891

117,972

At 31 August 2024

3,851

20,903

24,754

5.

STOCKS

31.8.25

31.8.24

£

£

Stocks

3,676

14,042

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

552,094

601,435

Amounts recoverable on contract

1,158,104

320,723

VAT

-

1,724

Prepayments

18,222

33,533

1,728,420

957,415

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

7,499

10,000

Hire purchase contracts (see note 9)

6,984

5,784

Trade creditors

748,378

285,272

Corporation tax

154,871

43,881

Social security and other taxes

42,044

26,970

VAT

138,652

-

Other creditors

81,165

100,000

Accruals

6,819

5,000

1,186,412

476,907

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

7,499

Hire purchase contracts (see note 9)

11,974

18,950

Other creditors

320,000

-

331,974

26,449

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.8.25

31.8.24

£

£

Net obligations repayable:

Within one year

6,984

5,784

Between one and five years

11,974

18,950

18,958

24,734

Non-cancellable

operating leases

31.8.25

31.8.24

£

£

Within one year

33,816

39,613

Between one and five years

35,406

43,541

69,222

83,154

10.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

4,647

6,189

Deferred

tax

£

Balance at 1 September 2024

6,189

Accelerated capital allowances

(1,542

)

Balance at 31 August 2025

4,647