E & H Drylining & Plastering (South West) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04937739

		30 September 2025		30 September 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		46,592		44,248

			46,592		44,248
CURRENT ASSETS
Stocks	5	33,311		34,567
Debtors	6	3,051,022		2,651,427
Investments	7	1,172,263		1,026,420
Cash at bank and in hand		1,017,659		1,296,294

		5,274,255		5,008,708
Creditors: Amounts Falling Due Within One Year	8	(1,969,170 )		(1,978,103 )

NET CURRENT ASSETS (LIABILITIES)			3,305,085		3,030,605

TOTAL ASSETS LESS CURRENT LIABILITIES			3,351,677		3,074,853

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,648 )		(11,062 )

NET ASSETS			3,340,029		3,063,791

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Fair value reserve	11		385,930		240,087
Profit and Loss Account			2,953,099		2,822,704

SHAREHOLDERS' FUNDS			3,340,029		3,063,791

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E & H Drylining & Plastering (South West) Ltd

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Neil Maddison

Director

07/05/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

E & H Drylining & Plastering (South West) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04937739 . The registered office is E&H Drylining & Plastering Unit G14, Woodlands Business Park, Bridgwater, TA6 4FJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on cost
Plant & Machinery	25% reduce balance or term of lease
Motor Vehicles	25% reduce balance or term of lease
Fixtures & Fittings	25% reduce balance or term of lease
Computer Equipment	25% reduce balance or term of lease

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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.

...CONTINUED

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E & H Drylining & Plastering (South West) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 22)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 October 2024	207,315
Additions	14,641

As at 30 September 2025	221,956

Depreciation
As at 1 October 2024	163,067
Provided during the period	12,297

As at 30 September 2025	175,364

Net Book Value
As at 30 September 2025	46,592

As at 1 October 2024	44,248

5. Stocks

	30 September 2025	30 September 2024
	£	£
Materials	33,311	34,567

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E & H Drylining & Plastering (South West) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

6. Debtors

	30 September 2025	30 September 2024
	£	£
Due within one year
Trade debtors	1,571,304	1,449,585
Amounts recoverable on contracts	326,908	240,015
Amounts owed by group undertakings	881,453	729,284
Other debtors	271,357	232,543

	3,051,022	2,651,427

7. Current Asset Investments

	30 September 2025	30 September 2024
	£	£
Unlisted investments	1,172,263	1,026,420

Current asset investments are shown at fair value based on the information available to the company directors.

8. Creditors: Amounts Falling Due Within One Year

	30 September 2025	30 September 2024
	£	£
Trade creditors	942,184	754,523
Other creditors	898,815	694,080
Taxation and social security	128,171	529,500

	1,969,170	1,978,103

HSBC Bank Plc holds a fixed and floating charge over property and assets of the company.

9. Share Capital

	30 September 2025	30 September 2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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E & H Drylining & Plastering (South West) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	30 September 2025	30 September 2024
	£	£
Not later than one year	113,235	94,545
Later than one year and not later than five years	172,580	223,079

	285,815	317,624

11. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 October 2024	240,087	2,822,704
Profit for the year and total comprehensive income	-	798,739

Dividends paid	-	(522,500)
Movements in fair value reserve	145,843	-
Transfer to/from Fair value reserve	-	(145,844)

As at 30 September 2025	385,930	2,953,099

As at 30 September 2025 there is 385,930 of non distributable reserves. shown within the fair value reserve account.

12. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions within the group.

13. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Neil Maddison Limited . Neil Maddison Limited was incorporated in England. The ultimate controlling party is Neil Maddison Limited who controls 100% of the shares of E & H Drylining & Plastering (South West) Ltd .

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