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REGISTERED NUMBER: 04582758 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Reid Waste Limited

| Reid Waste Limited (Registered number: 04582758) |

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Reid Waste Limited |

Company Information

for the Year Ended 31 May 2025

| Director: | C R Dier

| Registered office: | 114-120 Northgate Street

| Chester

| CH1 2HT

| Registered number: | 04582758 (England and Wales)

| Accountants: | Ellis & Co

| Chartered Accountants

| 114-120 Northgate Street

| Chester

| CH1 2HT

| Reid Waste Limited (Registered number: 04582758) |

Statement of Financial Position

31 May 2025

| 31/5/25 | 31/5/24 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 4 | 12,116 |  | 33,907 |  |

Current assets

Debtors | 5 | 127,921 |  | 98,727 |  |

Cash at bank | 22,814 |  | 33,142 |  |

150,735 |  | 131,869 |  |

Creditors

Amounts falling due within one year | 6 | 141,721 |  | 122,755 |  |

Net current assets | 9,014 |  | 9,114 |  |

Total assets less current liabilities | 21,130 |  | 43,021 |  |

Creditors

Amounts falling due after more than one year | 7 | (5,388 | ) | (18,165 | ) |

Provisions for liabilities | (630 | ) | (4,503 | ) |

Net assets | 15,112 |  | 20,353 |  |

Capital and reserves

Called up share capital | 1 |  | 1 |  |

Retained earnings | 15,111 |  | 20,352 |  |

15,112 |  | 20,353 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| Reid Waste Limited (Registered number: 04582758) |

Statement of Financial Position - continued

31 May 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 April 2026 and were signed by:

C R Dier - Director

| Reid Waste Limited (Registered number: 04582758) |

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | Statutory information

| Reid Waste 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

| Tangible fixed assets

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

| Fixtures, fittings & equipment | - | 20% on cost

| Motor vehicles | - | 20% on cost

| Computer equipment | - | straight line over 3 years

| Financial instruments

| A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

| Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

| Reid Waste Limited (Registered number: 04582758) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | Accounting policies - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Assets held under hire purchase contracts and finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum payments, which is determined at the inception of the term. Any initial direct costs are added to the amount recognised as an asset.

| Payments are apportioned between the finance charges and reduction of the outstanding liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

3. | Employees and directors

| The average number of employees during the year was 4 (2024 - 4 ) .

| Reid Waste Limited (Registered number: 04582758) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

4. | Tangible fixed assets

| Fixtures, |

| fittings |  | Motor |  | Computer |

| & equipment |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| Cost

| At 1 June 2024 | 22,397 |  | 135,689 |  | 19,534 |  | 177,620 |  |

| Additions | 214 |  | - |  | - |  | 214 |  |

| Disposals | - |  | (27,558 | ) | (13,288 | ) | (40,846 | ) |

| At 31 May 2025 | 22,611 |  | 108,131 |  | 6,246 |  | 136,988 |  |

| Depreciation

| At 1 June 2024 | 21,368 |  | 103,095 |  | 19,250 |  | 143,713 |  |

| Charge for year | 696 |  | 21,167 |  | 143 |  | 22,006 |  |

| Eliminated on disposal | - |  | (27,558 | ) | (13,289 | ) | (40,847 | ) |

| At 31 May 2025 | 22,064 |  | 96,704 |  | 6,104 |  | 124,872 |  |

| Net book value

| At 31 May 2025 | 547 |  | 11,427 |  | 142 |  | 12,116 |  |

| At 31 May 2024 | 1,029 |  | 32,594 |  | 284 |  | 33,907 |  |

5. | Debtors: amounts falling due within one year |

| 31/5/25 |  | 31/5/24

£ | £ |

| Trade debtors | 109,380 |  | 92,104 |  |

| Other debtors | 18,541 |  | 6,623 |  |

127,921 |  | 98,727 |  |

6. | Creditors: amounts falling due within one year |

| 31/5/25 |  | 31/5/24

£ | £ |

| Bank loans and overdrafts | 7,800 |  | 7,800 |  |

| Hire purchase contracts | 4,977 |  | 11,115 |  |

| Trade creditors | 72,217 |  | 64,187 |  |

| Taxation and social security | 47,620 |  | 30,378 |  |

| Other creditors | 9,107 |  | 9,275 |  |

141,721 |  | 122,755 |  |

| Reid Waste Limited (Registered number: 04582758) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

7. | Creditors: amounts falling due after more than one year |

| 31/5/25 |  | 31/5/24

£ | £ |

| Bank loans | 1,950 |  | 9,750 |  |

| Hire purchase contracts | 3,438 |  | 8,415 |  |

5,388 |  | 18,165 |  |

8. | Secured debts

| The following secured debts are included within creditors:

| 31/5/25 |  | 31/5/24

£ | £ |

| Hire purchase contracts | 8,415 |  | 19,530 |  |

| Amounts due under hire purchase contracts are secured on the underlying assets.

9. | Director's advances, credits and guarantees

| The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

| 31/5/25 |  | 31/5/24

£ | £ |

| C R Dier

| Balance outstanding at start of year | 5,608 |  | 4,795 |  |

| Amounts advanced | 19,830 |  | 6,696 |  |

| Amounts repaid | (7,401 | ) | (5,883 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 18,037 |  | 5,608 |  |

| These loans are unsecured, interest free and repayable on demand. The maximum balance outstanding during the year was £18,351. Amounts repaid include £5,610 on 21 February 2025. There is no schedule of repayments.