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Registration number: 07663119

Argent Demolition Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 June 2025

Argent Demolition Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 9

Argent Demolition Limited

Company Information

Directors | Mr Anthony Rawlings

Registered office | 204c High Street Ongar Essex CM5 9JJ

Accountants | Watson & Co 204C High Street Ongar Essex CM5 9JJ

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Argent Demolition Limited
for the Year Ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Argent Demolition Limited for the year ended 30 June 2025 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Certified Public Accountants Association, we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of Argent Demolition Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Argent Demolition Limited and state those matters that we have agreed to state to the Board of Directors of Argent Demolition Limited, as a body, in this report in accordance with the Certified Public Accountants Association. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Argent Demolition Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Argent Demolition Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Argent Demolition Limited. You consider that Argent Demolition Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Argent Demolition Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Watson & Co
204C High Street
Ongar
Essex
CM5 9JJ

1 April 2026

Argent Demolition Limited

(Registration number: 07663119)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 705,150 | 592,885
Current assets |  |  |
Stocks | 6 | 1,381,268 | 1,369,993
Debtors | 7 | 937,741 | 1,824,305
Cash at bank and in hand |  | 45,025 | 8,683
|  | 2,364,034 | 3,202,981
Creditors: Amounts falling due within one year | 8 | (2,702,228) | (3,355,401)
Net current liabilities |  | (338,194) | (152,420)
Total assets less current liabilities |  | 366,956 | 440,465
Creditors: Amounts falling due after more than one year | 8 | (198,236) | (235,301)
Net assets |  | 168,720 | 205,164
Capital and reserves |  |  |
Called up share capital | 9 | 5 | 2
Retained earnings |  | 168,715 | 205,162
Shareholders' funds |  | 168,720 | 205,164

For the financial year ending 30 June 2025 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 1 April 2026

......................................... Mr Anthony Rawlings Director

Argent Demolition Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

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

The address of its registered office is:
204c High Street
Ongar
Essex
CM5 9JJ

The principal place of business is:
Woodstock Nursery
Little Warley Hall Lane
Brentwood
Essex
CM13 3EN

These financial statements were authorised for issue by the director on 1 April 2026.

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.

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.

Argent Demolition Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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
Plant and machinery | 15% reducing balance
Computer equipment | 15% reducing balance
Fixtures and fittings | 15% reducing balance
Motor vehicles | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Argent Demolition Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 17 (2024 - 17).

Argent Demolition Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 128,934 | 105,535

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 July 2024 | 13,487 | 35,849 | 952,276 | 1,001,612
Additions | - | 64,227 | 180,000 | 244,227
Disposals | (2,482) | (12,000) | (19,378) | (33,860)
At 30 June 2025 | 11,005 | 88,076 | 1,112,898 | 1,211,979
Depreciation
At 1 July 2024 | 9,603 | 23,598 | 375,526 | 408,727
Charge for the year | 514 | 15,280 | 113,140 | 128,934
Eliminated on disposal | (2,018) | (11,925) | (16,889) | (30,832)
At 30 June 2025 | 8,099 | 26,953 | 471,777 | 506,829
Carrying amount
At 30 June 2025 | 2,906 | 61,123 | 641,121 | 705,150
At 30 June 2024 | 3,884 | 12,251 | 576,750 | 592,885

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 1,381,268 | 1,369,993

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 27,947 | 149,595
Prepayments | 472,000 | 771,081
Other debtors | 437,794 | 903,629
| 937,741 | 1,824,305

Argent Demolition Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 292,719 | 258,964
Trade creditors |  | 1,866,881 | 2,639,753
Taxation and social security |  | 258,279 | 173,772
Accruals and deferred income |  | 5,000 | 5,000
Other creditors |  | 279,349 | 277,912
|  | 2,702,228 | 3,355,401

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | 198,236 | 235,301

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share class 1 of £1 each | 2 | 2 | 2 | 2

Argent Demolition Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 9,625
Hire purchase contracts | 198,236 | 225,676
| 198,236 | 235,301

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 184,493 | 141,918
Other borrowings | 108,226 | 117,046
| 292,719 | 258,964

11 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of 86,452.63 (2024 - 42,343.28) per each Ordinary |  | 172,905 |  | 84,687

12 | Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 86,244 | 78,736