| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| SARUM HARDWOOD STRUCTURES LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| SARUM HARDWOOD STRUCTURES LIMITED |
| SARUM HARDWOOD STRUCTURES LIMITED (REGISTERED NUMBER: 01798531) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| SARUM HARDWOOD STRUCTURES LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Statutory Auditors |
| Chartered Accountants |
| Fryern House |
| 125 Winchester Road |
| Chandler's Ford |
| Hampshire |
| SO53 2DR |
| SARUM HARDWOOD STRUCTURES LIMITED (REGISTERED NUMBER: 01798531) |
| STATEMENT OF FINANCIAL POSITION |
| 31 December 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| SARUM HARDWOOD STRUCTURES LIMITED (REGISTERED NUMBER: 01798531) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2025 |
| 1. | STATUTORY INFORMATION |
| Sarum Hardwood Structures Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a going concern basis. |
| Significant judgements and estimates |
| No significant judgements have had to be made by the directors in preparing these financial statements. |
| The most significant estimates in the accounts relate to the calculation of work in progress and to the estimated useful lives of fixed assets. |
| Turnover |
| Turnover is the amount derived from ordinary activities, which relate to the design, supply and installation of hardwood bridges and related structures and the provision of mats for temporary access roads and working bases. Turnover is stated after trade discounts, other sales taxes and net of Value Added Tax. |
| Turnover relating to mat sales is recognised when the mats are delivered to the customer. |
| Turnover relating to the hire of the mats is recognised in the period to which it relates. |
| Turnover relating to the bridges division represents the value of work done in the year. 3% of the contract value is recognised when an order is confirmed. For supply only contracts the remaining revenue is recognised on delivery of the bridge. For supply and fit contracts revenue is recognised by reference to the stage of completion from the point at which installation commences. |
| Tangible fixed assets |
| Short leasehold | - |
| Plant and machinery | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes all direct expenditure. |
| The majority of bulk stock items purchased are available for both hire and sale and it is not always possible to identify if they should be treated as stock or fixed assets. It is therefore the Company's policy to treat all bulk items which cannot be individually identified as stock. |
| With regard to used mats it is the company's policy to write these down periodically to take into account their deterioration and the effect this has on their net realisable value. |
| SARUM HARDWOOD STRUCTURES LIMITED (REGISTERED NUMBER: 01798531) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The company only enters into basic financial instrument transactions. |
| Recognition and measurement |
| Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method; Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. |
| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. |
| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset’s carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive income, 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. |
| 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. |
| SARUM HARDWOOD STRUCTURES LIMITED (REGISTERED NUMBER: 01798531) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Cash and cash equivalents |
| Cash and cash equivalents include cash in hand,and deposits held at call with banks. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Short | Plant and |
| leasehold | machinery | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts recoverable on contract |
| Prepayments & accrued income |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Corporation Tax |
| Social security and other taxes |
| VAT | 17,297 | 65,239 |
| Other creditors |
| Accrued expenses |
| 7. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| Between one and five years |
| SARUM HARDWOOD STRUCTURES LIMITED (REGISTERED NUMBER: 01798531) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2025 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | RELATED PARTY DISCLOSURES |
| 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 with wholly owned subsidiaries within the group. |
| 10. | ULTIMATE PARENT COMPANY |
| The ultimate parent company of Sarum Hardwood Structures Limited is Klok Investeringen Groep II BV, a company incorporated in the Netherlands, which is owned by Stichting administratiekantoor familie Van de Klok. There is no ultimate controlling party. |
| Copies of the consolidated accounts may be obtained from the company's immediate parent company, also incorporated in the Netherlands; Groot Lemmer B.V., Innovatielaan 9, 8447 SN, Heerenveen, Netherlands. |