Company registration number 07064098 (England and Wales)
MAC RECYCLING LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
MAC RECYCLING LIMITED
COMPANY INFORMATION
Director
Mr M A Clay
Company number
07064098
Registered office
Azzurri House
Walsall Business Park
Aldridge
Walsall
West Midlands
United Kingdom
WS9 0RB
Auditor
bk plus Audit Limited
Azzurri House
Walsall Road
Aldridge
Walsall
England
WS9 0RB
Business address
Griff Lane
Off St David's Way
Bermuda Park
Nuneaton
CV10 7PP
MAC RECYCLING LIMITED
CONTENTS
Page
Strategic report
1 - 2
Director's report
3
Director's responsibilities statement
4
Independent auditor's report
5 - 7
Profit and loss account
8
Group statement of comprehensive income
9
Group balance sheet
10
Company balance sheet
11
Group statement of changes in equity
12
Company statement of changes in equity
13
Group statement of cash flows
14
Notes to the financial statements
15 - 32
MAC RECYCLING LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 30 JUNE 2025
- 1 -

The director presents the strategic report for the year ended 30 June 2025.

Principal activities

The principle activity of the company and the group during the period continued to be that of supplying aggregates and stones. The group operates from its primary base in Nuneaton, with strong links to multiple sites across the Midlands, enabling it to maintain operation flexibility and respond effectively to market demand.

Review of the business

The comparative period in the financial statements covers 11 months to 30 June 2024. On an 12 month comparable basis turnover has increased by £3.03m to £17.1m. However, by managing costs the company has managed to increase its gross profit margin to 26.95% from 16.20%. This margin has still not reached 2021 levels and this is mainly due to continuing substantial cost pressures on fuel and equipment hire during this period that have not been passed onto customers, along with ageing machinery requiring more repair work than in recent years.

The upward price pressure on insurance costs and other administrative expenses has continued this period however the group has managed to make an operating profit (excluding exceptional items) of £1,743,183 (2024 - £121,598).

Principal risks and uncertainties

Credit risk

The risk of payment defaults by customers is minimised by rigorous credit processes for all potential customers prior to agreeing terms of business. Existing customer credit levels are also reviewed regularly to minimise bad debt exposure.

Liquidity risk

Ensuring financial stability is a priority for the group. Cash flow and profit forecasts are prepared on a rolling basis to monitor liquidity levels and ensure that adequate funding is in place. The group utilises invoice financing facilities to support working capital requirements and mitigate short-term liquidity risks.

Cost inflation and supply chain risk

The rising cost of fuel, machinery maintenance, and equipment hire presents ongoing challenges. The group actively monitors supplier pricing and evaluates cost-saving initiatives to maintain competitiveness without compromising service levels.

Health and safety

The Board remains committed to upholding the highest health and safety standards for employees, customers, and visitors. Policies and procedures are reviewed regularly to align with industry best practices and legal requirements.

Key performance indicators

The group operates key performance indicators (KPI's) to measure performance in key activities. This provides management with the date and trend analysis required to make timely and informed decisions. The group considers the following to be its key performance indicators:

Metric | 2025 | 2024 As restated | Change
Gross profit | £4,611,722 | £2,090,829 | +120.57%
Gross profit margin | 26.95% | 16.20% | +10.75%
Net profit/loss pre-tax (excluding exceptionals) Net profit/loss margin (excluding exceptionals) | £1,669,367 9.75% | £58,607 0.45% | +2,748.4% +9.30%

MAC RECYCLING LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -

On behalf of the board

Mr M A Clay
Director
27 February 2026
MAC RECYCLING LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -

The director presents his annual report and financial statements for the year ended 30 June 2025.

Results and dividends

The results for the year are set out on page 8.

Ordinary dividends were paid amounting to £41,872. The director does not recommend payment of a further dividend.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr M A Clay
Auditor

In accordance with the company's articles, a resolution proposing that be reappointed as auditor of the group will be put at a General Meeting.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the auditor of the company is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the auditor of the company is aware of that information.

Medium-sized companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption.

On behalf of the board
Mr M A Clay
Director
27 February 2026
MAC RECYCLING LIMITED
DIRECTOR'S RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 30 JUNE 2025
- 4 -

The director is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the group and company, and of the profit or loss of the group for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group and company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the group’s and company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the group and company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

MAC RECYCLING LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF MAC RECYCLING LIMITED
- 5 -
Opinion

We have audited the financial statements of MAC Recycling Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 June 2025 which comprise the group profit and loss account, the group statement of comprehensive income, the group balance sheet, the company balance sheet, the group statement of changes in equity, the company statement of changes in equity, the group statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the group's and the parent company's affairs as at 30 June 2025 and of the group's profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The director is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- T he information given in the strategic report and the director's r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- The strategic report and the director's report have been prepared in accordance with applicable legal requirements.

MAC RECYCLING LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF MAC RECYCLING LIMITED
- 6 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and their environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the director's r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- the parent company financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the director's r esponsibilities s tatement, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the director is responsible for assessing the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the parent company or to cease operations, or has no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

From the preliminary of the audit, we ensure our understanding of the entity is up to date. This includes, but is not limited to, current knowledge of their activities, the business and control environments, and their compliance with the applicable legal and regulatory frameworks. This information supports our risk identification and the subsequent design of audit procedures to mitigate those risks; ensuring that the audit evidence obtained is sufficient and appropriate to support our opinion.

In response to the risks identified, specific to this entity, we designed procedures which included, but were not limited to:

- Enquiry of management and those charged with governance around actual and potential litigation and claims;

- Reviewing minutes of meetings of those charged with governance, if available;

- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;

- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale for significant transactions outside the normal course of business.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

MAC RECYCLING LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF MAC RECYCLING LIMITED
- 7 -

Use of our report

This report is made solely to the parent company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent company and the parent company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Keval Dattani ACA (Senior Statutory Auditor)
For and on behalf of bk plus Audit Limited, Statutory Auditor
Chartered Certified Accountants
Azzurri House
Walsall Road
Aldridge
Walsall
WS9 0RB
England
27 February 2026
MAC RECYCLING LIMITED
GROUP PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
- 8 -
Year
Period
ended
ended
30 June
30 June
2025
2024
as restated
Notes
£
£
Turnover
3
17,113,080
12,909,397
Cost of sales
(12,501,358)
(10,818,568)
Gross profit
4,611,722
2,090,829
Administrative expenses
(2,891,631)
(1,971,216)
Other operating income
23,092
1,985
Operating profit
4
1,743,183
121,598
Interest receivable and similar income
8
181
2,052
Interest payable and similar expenses
9
(73,997)
(65,043)
Profit before taxation
1,669,367
58,607
Tax on profit
10
(426,178)
(27,731)
Profit for the financial year
1,243,189
30,876
Profit for the financial year is all attributable to the owners of the parent company.
MAC RECYCLING LIMITED
GROUP STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2025
- 9 -
Year
Period
ended
ended
30 June
30 June
2025
2024
as restated
£
£
Profit for the year
1,243,189
30,876
Other comprehensive income
-
-
Cash flow hedges gain arising in the year
-
0
-
0
Total comprehensive income for the year
1,243,189
30,876
Total comprehensive income for the year is all attributable to the owners of the parent company.
MAC RECYCLING LIMITED
GROUP BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 10 -
2025
2024
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
12
59,613
36,267
59,613
36,267
Current assets
Debtors
15
6,386,197
6,148,058
Cash at bank and in hand
420,058
542,293
6,806,255
6,690,351
Creditors: amounts falling due within one year
16
(3,603,137)
(4,141,743)
Net current assets
3,203,118
2,548,608
Total assets less current liabilities
3,262,731
2,584,875
Creditors: amounts falling due after more than one year
17
(1,398,730)
(1,922,191)
Net assets
1,864,001
662,684
Capital and reserves
Called up share capital
21
1,102
1,102
Profit and loss reserves
1,862,899
661,582
Total equity
1,864,001
662,684

These financial statements have been prepared in accordance with the provisions relating to medium-sized groups.

The financial statements were approved and signed by the director and authorised for issue on 27 February 2026
27 February 2026
Mr M A Clay
Director
Company registration number 07064098 (England and Wales)
MAC RECYCLING LIMITED
COMPANY BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 11 -
2025
2024
as restated
Notes
£
£
£
£
Fixed assets
Investments
13
28,182
1,001
Current assets
Debtors
15
163,695
133,695
Cash at bank and in hand
2,615
34,357
166,310
168,052
Creditors: amounts falling due within one year
16
(102,022)
(101,921)
Net current assets
64,288
66,131
Net assets
92,470
67,132
Capital and reserves
Called up share capital
21
1,102
1,002
Other reserves
27,081
-
0
Profit and loss reserves
64,287
66,130
Total equity
92,470
67,132

As permitted by section 408 of the Companies Act 2006, the c ompany has not presented its own profit and loss account and related notes. The c ompany’s profit for the year was £40,030 (2024 - £219,334 profit).

These financial statements have been prepared in accordance with the provisions relating to medium-sized companies.

The financial statements were approved and signed by the director and authorised for issue on 27 February 2026
27 February 2026
Mr M A Clay
Director
Company registration number 07064098 (England and Wales)
MAC RECYCLING LIMITED
GROUP STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2025
- 12 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
As restated for the period ended 30 June 2024:
Balance at 1 August 2023
1,102
950,275
951,377
Effect of change in accounting policy
-
(100,000)
(100,000)
As restated
1,102
850,275
851,377
Period ended 30 June 2024:
Profit and total comprehensive income
-
30,876
30,876
Dividends
11
-
(219,569)
(219,569)
Balance at 30 June 2024
1,102
661,582
662,684
Year ended 30 June 2025:
Profit and total comprehensive income
-
1,243,189
1,243,189
Dividends
11
-
(41,872)
(41,872)
Balance at 30 June 2025
1,102
1,862,899
1,864,001
MAC RECYCLING LIMITED
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2025
- 13 -
Share capital
Merger reserve
Profit and loss reserves
Total
Notes
£
£
£
£
As restated for the period ended 30 June 2024:
Balance at 1 August 2023
1,002
-
67,670
68,672
Effect of change in accounting policy
-
-
(1,305)
(1,305)
As restated
1,002
-
66,365
67,367
Period ended 30 June 2024:
Profit and total comprehensive income for the period
-
-
219,334
219,334
Dividends
11
-
-
(219,569)
(219,569)
Balance at 30 June 2024
1,002
-
66,130
67,132
Year ended 30 June 2025:
Profit and total comprehensive income
-
-
40,029
40,029
Dividends
11
-
-
(41,872)
(41,872)
Transfers
-
27,081
-
27,081
Other movements
100
-
-
100
Balance at 30 June 2025
1,102
27,081
64,287
92,470
MAC RECYCLING LIMITED
GROUP STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2025
- 14 -
2025
2024
as restated
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
27
37,646
330,393
Interest paid
(73,997)
(65,043)
Income taxes refunded/(paid)
1
(4,122)
Net cash (outflow)/inflow from operating activities
(36,350)
261,228
Investing activities
Purchase of tangible fixed assets
(31,528)
-
Proceeds from disposal of tangible fixed assets
-
232,216
Interest received
181
2,052
Net cash (used in)/generated from investing activities
(31,347)
234,268
Financing activities
Repayment of bank loans
(12,666)
(10,005)
Dividends paid to equity shareholders
(41,872)
(219,569)
Net cash used in financing activities
(54,538)
(229,574)
Net (decrease)/increase in cash and cash equivalents
(122,235)
265,922
Cash and cash equivalents at beginning of year
542,293
276,371
Cash and cash equivalents at end of year
420,058
542,293
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 15 -
1
Accounting policies
Company information

MAC Recycling Limited (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is Azzurri House, Walsall Business Park, Aldridge, Walsall, England, WS9 0RB.

The group consists of MAC Recycling Limited and all of its subsidiaries.

1.1
Reporting period

The period has been shortened by a month, creating an 11 month period, to bring in line with the reporting period of the company's related parties.

The comparative period was extended by a month, creating a 13 month period, to bring in line with the parent company's reporting period, as a result the comparative figures are not entirely comparable.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements for parent company information presented within the consolidated financial statements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

- Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

1.3
Business combinations

In the parent company financial statements merger accounting has been applied due to a group restructure where common control has been maintained through a share for share transfer.

As such the results of the acquired company are shown in full in the current and comparative period.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 16 -
1.4
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company MAC Recycling Limited together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

All financial statements are made up to 30 June 2025. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the g roup.

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

The registered office of the undertakings included on consolidation under merger accounting is Azzurri House, Walsall Business Park, Aldridge, Walsall, England, WS9 0RB.

The shares were acquired from MAC Contracting Limited, at the same registered office as above, on 4th November 2022.

The shares were acquired from MAC Employees Limited, at the same registered office as above, on 5th February 2025.

No merger reserve exists on consolidation as the same value of shares were transferred on the acquisition of both MAC Contracting Limited and MAC Employees Limited.

Subsidiaries are consolidated in the group’s financial statements from the date that control commences until the date that control ceases.

1.5
Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.6
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.7
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 17 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
15% reducing balance
Fixtures and fittings
10% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.8
Fixed asset investments

Equity in vest ments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

I n the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.9
Impairment of fixed assets

At each reporting period end date, the group reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impairment.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.10
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 18 -
1.11
Financial instruments

The group has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest m ethod unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 19 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value th r ough profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

1.12
Equity instruments

Equity instruments issued by the group are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the group.

1.13
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 20 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset if, and only if, there is a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.14
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.15
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.16
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the group’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
2
Judgements and key sources of estimation uncertainty
(Continued)
- 21 -
Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Tangible Assets

The charge in respect of periodic depreciation is derived after determining an estimate of an asset's expected useful life and the expected residual value at the end of its life. The useful lives of all assets are determined at the time the asset is acquired and reviewed at lease annually for appropriateness by the directors.

Debtor Recoverability

Management estimates the recoverable amount of trade receivables based on historical collection patterns, customer credit risk, and current market conditions. Provision is made for balances where recovery is uncertain.

Deferred Taxation

Deferred tax assets and liabilities are recognised based on temporary differences and tax loss carry forwards. Management estimates future taxable profits and timing of reversals to assess the recoverability of deferred tax assets. These estimates involve judgment, particularly given industry cyclicality and capital investment timing.

3
Turnover and other revenue

Turnover is all generated from one class of business, being the supply of stone and aggregates.

All turnover arose within the United Kingdom.

2025
2024
£
£
Other revenue
Interest income
181
2,052
4
Operating profit
2025
2024
£
£
Operating profit for the year is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
8,181
4,029
Profit on disposal of tangible fixed assets
-
(15,423)
Operating lease charges
156,087
141,979
5
Auditor's remuneration
2025
2024
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the group and company
-
-
Audit of the financial statements of the company's subsidiaries
16,000
15,000
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
5
Auditor's remuneration
(Continued)
- 22 -

The £16,000 audit fees cover the audit of both the parent and the subsidiary, however these are paid by the subsidiary with no subsequent recharge to the parent.

6
Employees

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2025
2024
2025
2024
Number
Number
Number
Number
Directors
3
3
1
1
Staff
189
106
-
-
Total
192
109
1
1

Their aggregate remuneration comprised:

Group
Company
2025
2024
2025
2024
£
£
£
£
Wages and salaries
4,137,475
3,693,675
-
0
-
0
Social security costs
440,489
380,167
-
-
Pension costs
227,616
219,407
-
0
-
0
4,805,580
4,293,249
-
0
-
0
7
Director's remuneration
2025
2024
£
£
Remuneration for qualifying services
3,000
-
8
Interest receivable and similar income
2025
2024
£
£
Interest income
Interest on bank deposits
138
2,052
Other interest income
43
-
Total income
181
2,052
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 23 -
9
Interest payable and similar expenses
2025
2024
£
£
Interest on bank overdrafts and loans
14,223
15,038
Interest on invoice finance arrangements
33,469
29,041
Other interest on financial liabilities
26,305
20,964
Total finance costs
73,997
65,043
10
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
404,038
-
0
Adjustments in respect of prior periods
-
0
33,040
Total current tax
404,038
33,040
Deferred tax
Origination and reversal of timing differences
22,140
16,268
Other adjustments
-
0
(21,577)
Total deferred tax
22,140
(5,309)
Total tax charge
426,178
27,731

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
1,669,367
58,607
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
417,342
14,652
Tax effect of expenses that are not deductible in determining taxable profit
8,375
1,592
Unutilised tax losses carried forward
461
58
Other permanent differences
-
0
(34)
Under/(over) provided in prior years
-
0
33,040
Deferred tax adjustments in respect of prior years
-
0
(21,577)
Taxation charge
426,178
27,731
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 24 -
11
Dividends
2025
2024
Recognised as distributions to equity holders:
£
£
Final paid
41,872
219,569
12
Tangible fixed assets
Group
Plant and equipment
Fixtures and fittings
Total
£
£
£
Cost
At 1 July 2024
-
0
51,103
51,103
Additions
25,344
6,183
31,527
At 30 June 2025
25,344
57,286
82,630
Depreciation and impairment
At 1 July 2024
-
0
14,836
14,836
Depreciation charged in the year
3,802
4,379
8,181
At 30 June 2025
3,802
19,215
23,017
Carrying amount
At 30 June 2025
21,542
38,071
59,613
At 30 June 2024
-
0
36,267
36,267
The company had no tangible fixed assets at 30 June 2025 or 30 June 2024.
13
Fixed asset investments
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Investments in subsidiaries
14
-
0
-
0
28,182
1,001
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
13
Fixed asset investments
(Continued)
- 25 -
Movements in fixed asset investments
Company
Shares in subsidiaries
£
Cost or valuation
At 1 July 2024
1,001
Additions
27,181
At 30 June 2025
28,182
Carrying amount
At 30 June 2025
28,182
At 30 June 2024
1,001
14
Subsidiaries

Details of the company's subsidiaries at 30 June 2025 are as follows:

Name of undertaking
Address
Class of
% Held
shares held
Direct
MAC Contracting Limited
1
Ordinary shares
100.00
MAC Employees Limited
1
Ordinary shares
100.00

Registered office addresses (all UK unless otherwise indicated):

1
Azzurri House, Walsall Road, Aldridge, Walsall, WS9 0RB

MAC Recycling Ltd acquired the shares in MAC Employees Ltd on 5 February 2025.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 26 -
15
Debtors
Group
Company
2025
2024
2025
2024
Amounts falling due within one year:
£
£
£
£
Trade debtors
2,907,046
2,593,047
-
0
-
0
Amounts owed by group undertakings
-
-
98,695
98,695
Other debtors
2,815,513
2,896,484
65,000
35,000
Prepayments and accrued income
646,526
619,274
-
0
-
0
6,369,085
6,108,805
163,695
133,695
Amounts falling due after more than one year:
Deferred tax asset (note 19)
17,112
39,253
-
0
-
0
Total debtors
6,386,197
6,148,058
163,695
133,695
16
Creditors: amounts falling due within one year
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans
18
41,112
15,157
-
0
-
0
Payments received on account
493,885
1,107,815
-
0
-
0
Trade creditors
657,636
724,115
-
0
-
0
Corporation tax payable
404,038
-
0
-
0
-
0
Other taxation and social security
328,945
461,578
-
-
Other creditors
1,625,447
1,793,578
100,671
100,671
Accruals and deferred income
52,074
39,500
1,351
1,250
3,603,137
4,141,743
102,022
101,921

Amounts owed to group undertakings are interest-free and repayable on demand.

The invoice financing included in creditors within one year is secured by an all asset debenture dated 17 May 2017, held with Lloyds Bank Commercial Finance Limited, containing fixed and floating charges over all assets.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 27 -
17
Creditors: amounts falling due after more than one year
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans and overdrafts
18
95,466
134,087
-
0
-
0
Other creditors
1,303,264
1,788,104
-
0
-
0
1,398,730
1,922,191
-
-
Amounts included above which fall due after five years are as follows:
Payable by instalments
-
886,890
-
-
18
Loans and overdrafts
Group
Company
2025
2024
2025
2024
£
£
£
£
Bank loans
136,578
149,244
-
0
-
0
Payable within one year
41,112
15,157
-
0
-
0
Payable after one year
95,466
134,087
-
0
-
0

The long-term loans issued by Lloyds Bank Plc are secured by fixed charges and floating charges over the company's assets and incur a 6.35% p.a interest rate.

19
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the group and company, and movements thereon:

Assets
Assets
2025
2024
Group
£
£
Tax losses
2,253
2,588
Retirement benefit obligations
-
1,635
Capital allowance timing differences
14,859
35,030
17,112
39,253
The company has no deferred tax assets or liabilities.
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
19
Deferred taxation
(Continued)
- 28 -
Group
Company
2025
2025
Movements in the year:
£
£
Asset at 1 July 2024
(39,253)
-
Charge to profit or loss
22,141
-
Asset at 30 June 2025
(17,112)
-
20
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
227,616
219,407

A defined contribution pension scheme is operated for all qualifying employees. The assets of the scheme are held separately from those of the group in an independently administered fund.

21
Share capital
Group and company
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,102
1,002
1,102
1,002

The shares carry one vote per share and rank pari passu with regards to dividends and distributions.

22
Acquisition of a business

On 5 February 2025 the group acquired 100% of the issued capital of MAC Employees Ltd, by way of a share for share exchange.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 29 -
23
Operating lease commitments
Lessee

At the reporting end date the group had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Group
Company
2025
2024
2025
2024
£
£
£
£
Within one year
122,466
122,466
-
-
Between two and five years
428,631
489,864
-
-
In over five years
-
61,233
-
-
551,097
673,563
-
-
24
Events after the reporting date

Following a group restructure taking place on 16/12/2025 the company became a subsidiary of MAC Consortium Ltd, now its ultimate parent.

25
Related party transactions
Transactions with related parties

During the year the group entered into the following transactions with related parties:

Sales
Sales
Direct costs
Direct costs
2025
2024
2025
2024
£
£
£
£
Group
Other related parties
513,317
584,253
1,306,439
1,489,049
Hire of equipment
2025
2024
£
£
Group
Other related parties
2,784,000
1,542,810

On 31 March 2025, MAC Contracting Ltd entered into a tripartite agreement with a related party. Under this agreement, the director assigned £253,418 of debt due to him in MAC Contracting Ltd to this related party, to repay an outstanding debt owed by him to this related party.

It was also agreed that MAC Contracting Ltd and this related party would off set their intercompany debts to the sum of £244,740.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
25
Related party transactions
(Continued)
- 30 -

The following amounts were outstanding at the reporting end date:

Amounts due to related parties
2025
2024
£
£
Group
Other related parties
502,281
1,034,134
Company
Other related parties
100,000
-

All amounts due to/from related parties are interest free and repayable on demand.

The following amounts were outstanding at the reporting end date:

Amounts due from related parties
2025
2024
Balance
Balance
£
£
Group
Other related parties
2,815,513
2,856,510
Company
Entities over which the company has control, joint control or significant influence
98,695
-
Other related parties
65,000
35,000

All amounts due to/from related parties are interest free and repayable on demand.

26
Controlling party

The ultimate controlling party is Marcus Clay, by virtue of his shareholding.

MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 31 -
27
Cash generated from group operations
2025
2024
£
£
Profit after taxation
1,243,190
58,697
Adjustments for:
Taxation charged
426,178
27,731
Finance costs
73,997
65,043
Investment income
(181)
(2,052)
Gain on disposal of tangible fixed assets
-
(15,423)
Depreciation and impairment of tangible fixed assets
8,182
4,029
Movements in working capital:
(Increase)/decrease in debtors
(260,280)
679,990
Decrease in creditors
(1,453,440)
(487,622)
Cash generated from operations
37,646
330,393
28
Analysis of changes in net funds - group
1 July 2024
Cash flows
30 June 2025
£
£
£
Cash at bank and in hand
542,293
(122,235)
420,058
Borrowings excluding overdrafts
(149,244)
12,666
(136,578)
393,049
(109,569)
283,480
29
Prior period adjustment

It was identified that an intercompany balance had been incorrectly stated in a previous financial (2021) meaning the opening balance had to be corrected in the current financial year as a prior period restatement.

Reconciliation of changes in equity - group
1 August
30 June
2023
2024
£
£
Adjustments to prior year
Reintroduce written off intercompany balance
-
(100,000)
Equity as previously reported
923,556
762,684
Equity as adjusted
923,556
662,684
Analysis of the effect upon equity
Profit and loss reserves
-
(100,000)
MAC RECYCLING LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
29
Prior period adjustment
(Continued)
- 32 -
Reconciliation of changes in profit for the previous financial period
2024
£
Adjustments to prior year
Total adjustments
-
Profit as previously reported
30,876
Profit as adjusted
30,876
Reconciliation of changes in equity - company
1 August
30 June
2023
2024
£
£
Adjustments to prior year
-
(1,305)
Equity as previously reported
68,672
68,437
Equity as adjusted
68,672
67,132
Analysis of the effect upon equity
Profit and loss reserves
-
(1,305)
Reconciliation of changes in profit for the previous financial period
2024
£
Adjustments to prior year
Total adjustments
-
Profit as previously reported
219,334
Profit as adjusted
219,334
2025-06-30 2024-07-01 false false CCH Software CCH Accounts Production 2025.300 Mr M A Clay false 07064098 bus:Consolidated 2024-07-01 2025-06-30 07064098 2024-07-01 2025-06-30 07064098 bus:Director1 2024-07-01 2025-06-30 07064098 bus:RegisteredOffice 2024-07-01 2025-06-30 07064098 2025-06-30 07064098 bus:Consolidated 2025-06-30 07064098 bus:Consolidated 2023-08-01 2024-06-30 07064098 2023-08-01 2024-06-30 07064098 bus:Consolidated 2024-06-30 07064098 core:PlantMachinery bus:Consolidated 2025-06-30 07064098 core:FurnitureFittings bus:Consolidated 2025-06-30 07064098 core:PlantMachinery bus:Consolidated 2024-06-30 07064098 core:FurnitureFittings bus:Consolidated 2024-06-30 07064098 core:CurrentFinancialInstruments core:WithinOneYear bus:Consolidated 2025-06-30 07064098 core:CurrentFinancialInstruments bus:Consolidated 2024-06-30 07064098 2024-06-30 07064098 core:ShareCapital bus:Consolidated 2025-06-30 07064098 core:ShareCapital bus:Consolidated 2024-06-30 07064098 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2025-06-30 07064098 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2024-06-30 07064098 core:ShareCapital 2025-06-30 07064098 core:ShareCapital 2024-06-30 07064098 core:OtherMiscellaneousReserve 2025-06-30 07064098 core:OtherMiscellaneousReserve 2024-06-30 07064098 core:RetainedEarningsAccumulatedLosses 2025-06-30 07064098 core:RetainedEarningsAccumulatedLosses 2024-06-30 07064098 core:ShareCapital bus:Consolidated 2023-07-31 07064098 2023-07-31 07064098 core:ShareCapital 2023-07-31 07064098 core:RetainedEarningsAccumulatedLosses 2023-07-31 07064098 core:PlantMachinery 2024-07-01 2025-06-30 07064098 core:FurnitureFittings 2024-07-01 2025-06-30 07064098 core:UKTax bus:Consolidated 2024-07-01 2025-06-30 07064098 core:UKTax bus:Consolidated 2023-08-01 2024-06-30 07064098 bus:Consolidated 1 2024-07-01 2025-06-30 07064098 bus:Consolidated 1 2023-08-01 2024-06-30 07064098 bus:Consolidated 2 2024-07-01 2025-06-30 07064098 bus:Consolidated 2 2023-08-01 2024-06-30 07064098 core:PlantMachinery bus:Consolidated 2024-06-30 07064098 core:FurnitureFittings bus:Consolidated 2024-06-30 07064098 bus:Consolidated 2024-06-30 07064098 core:PlantMachinery bus:Consolidated 2024-07-01 2025-06-30 07064098 core:FurnitureFittings bus:Consolidated 2024-07-01 2025-06-30 07064098 core:Subsidiary1 2024-07-01 2025-06-30 07064098 core:Subsidiary2 2024-07-01 2025-06-30 07064098 core:Subsidiary1 1 2024-07-01 2025-06-30 07064098 core:Subsidiary2 2 2024-07-01 2025-06-30 07064098 core:CurrentFinancialInstruments bus:Consolidated 2025-06-30 07064098 core:CurrentFinancialInstruments 2025-06-30 07064098 core:CurrentFinancialInstruments 2024-06-30 07064098 core:CurrentFinancialInstruments bus:Consolidated 1 2025-06-30 07064098 core:CurrentFinancialInstruments bus:Consolidated 1 2024-06-30 07064098 core:CurrentFinancialInstruments 2 2025-06-30 07064098 core:CurrentFinancialInstruments 3 2025-06-30 07064098 core:Non-currentFinancialInstruments bus:Consolidated 2025-06-30 07064098 core:Non-currentFinancialInstruments bus:Consolidated 2024-06-30 07064098 core:Non-currentFinancialInstruments 2025-06-30 07064098 core:Non-currentFinancialInstruments 2024-06-30 07064098 core:WithinOneYear bus:Consolidated 2025-06-30 07064098 core:WithinOneYear bus:Consolidated 2024-06-30 07064098 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 07064098 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 2025-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 2024-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 07064098 core:CurrentFinancialInstruments core:WithinOneYear bus:Consolidated 2024-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 1 2025-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 1 2024-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear 2 2025-06-30 07064098 core:Non-currentFinancialInstruments core:AfterOneYear 2 2024-06-30 07064098 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 07064098 bus:FRS102 2024-07-01 2025-06-30 07064098 bus:Audited 2024-07-01 2025-06-30 07064098 bus:ConsolidatedGroupCompanyAccounts 2024-07-01 2025-06-30 07064098 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP