Cordtape Environmental Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01777107 (England)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Cordtape Environmental Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Spencer

Mr L D Spencer

Mrs M V Spencer

REGISTERED OFFICE:

Finchwell Close

Handsworth

Sheffield

South Yorkshire

S13 9DF

REGISTERED NUMBER:

01777107 (England)

ACCOUNTANTS:

Hawson Jefferies

Suite 4

164-170 Queens Road

Sheffield

South Yorkshire

S2 4DH

FIXED ASSETS

Tangible assets

4

633,955

668,958

CURRENT ASSETS

Stocks

43,090

6,250

Debtors

5

236,236

238,388

Cash at bank

2,185,058

1,978,938

2,464,384

2,223,576

CREDITORS

Amounts falling due within one year

6

172,917

137,914

NET CURRENT ASSETS

2,291,467

2,085,662

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,925,422

2,754,620

PROVISIONS FOR LIABILITIES

20,552

NET ASSETS

2,904,870

2,734,068

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

7

469,707

319,767

Retained earnings

2,435,063

2,414,201

SHAREHOLDERS' FUNDS

2,904,870

2,734,068

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 2 April 2026 and were signed on its behalf by:

Mrs M V Spencer - Director

1.	STATUTORY INFORMATION

Cordtape Environmental Services Limited is a private company, limited by shares , registered in England. 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.

Tangible fixed assets

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

Freehold property

-

4% on reducing balance

Improvements to property

-

4% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

£

COST

At 1 January 2025

763,984

330,292

209,691

Additions

-

Disposals

-

At 31 December 2025

763,984

330,292

209,691

DEPRECIATION

At 1 January 2025

366,081

166,542

202,405

Charge for year

15,916

6,552

1,093

Eliminated on disposal

-

At 31 December 2025

381,997

173,094

203,498

NET BOOK VALUE

At 31 December 2025

381,987

157,198

6,193

At 31 December 2024

397,903

163,750

7,286

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

42,810

209,851

35,969

1,592,597

Additions

1,645

25,995

-

27,640

Disposals

(5,957

)

(68,895

)

-

(74,852

)

At 31 December 2025

38,498

166,951

35,969

1,545,385

DEPRECIATION

At 1 January 2025

32,800

127,865

27,946

923,639

Charge for year

1,719

26,999

3,727

56,006

Eliminated on disposal

(4,510

)

(63,705

)

-

(68,215

)

At 31 December 2025

30,009

91,159

31,673

911,430

NET BOOK VALUE

At 31 December 2025

8,489

75,792

4,296

633,955

At 31 December 2024

10,010

81,986

8,023

668,958

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

208,265

190,381

Other debtors

2,050

11,000

Cordtape Energy Management Ltd

7,357

17,642

Prepayments

18,564

19,365

236,236

238,388

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Hire purchase contracts

24,485

-

Trade creditors

60,766

58,021

Corporation tax

48,134

35,601

Social security and other taxes

15,539

15,806

VAT

11,999

16,767

Other creditors

2,338

2,551

Directors' current accounts

608

229

Accrued expenses

9,048

8,939

172,917

137,914

7.

RESERVES

Revaluation

reserve

£

At 1 January 2025

319,767

Revaluation Capital Reserve

149,940

At 31 December 2025

469,707

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs M V Spencer.