E.J.C Contracts Ltd 31/05/2025 iXBRL

Company registration number: NI045412

E.J.C Contracts Ltd

Financial statements

31 May 2025

E.J.C Contracts Ltd

Contents

Directors and other information

Strategic report

Directors report

Independent auditor's report to the member

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Statement of cash flows

Notes to the financial statements

E.J.C Contracts Ltd

Directors and other information


	Directors	Mr Edward Connolly


	Secretary	Edward Connolly


	Company number	NI045412


	Registered office	386A Ballyclare Road
		Newtownabbey
		Co Antrim
		BT36 4TQ


	Business address	386A Ballyclare Road
		Newtownabbey
		Co Antrim
		BT36 4TQ


	Auditor	Miscampbell & Co
		6 Annadale Avenue
		Belfast
		BT7 3JH


	Accountants	Business Account Services
		11 Abbey Street
		Armagh
		BT61 7DX

E.J.C Contracts Ltd

Strategic report

Year ended 31 May 2025

The directors presents the strategic report for the year ended 31 May 2025.

Review of the business

The results for the year are shown on the Statement of Income and Retained Earnings on page 8.

The Company had a successful year, sales were up by 13%.

Principal risks and uncertainties

- Raw material availability and price: the Company monitors raw material sources and prices where

appropriate with suppliers

- Environmental risks: the Company places considerable emphasis upon environmental compliance and not

only seeks to ensure ongoing compliance with relevant legislation but also strives to ensure that environmental

best practice is incorporated into its key processes

- Debtors: the Company maintains strong relationships with each of its key customers and has established

credit control parameters. Appropriate credit terms are agreed with customers, and these are closely managed

- The effect of legislation or other regulatory activities: the Company monitors forthcoming and current

legislation regularly

- Financial risk management: although the current risk is considered low, considerable effort is placed on

managing cash and working capital to provide continued investment in capital

Development and performance

Key areas of strategic development and performance of the business include:

- Sales and marketing: new and replacement business is being won continually; new markets are being

developed in line with Company strategy; key customer relationships are monitored on a regular basis

- Health and Safety: the Company continues to seek ways of ensuring that a safe and healthy working

environment is progressively improved

Key performance indicators

2025 2024

Operating margin 42.3% 46.3%

Net margin 22.7% 25.8%

Working capital cover 3.22 2.09

The above KPls are used by the Directors to evaluate the profitability and liquidity of the Company.

Other performance indicators

There were no other key performance indicators.

This report was approved by the board of directors on 27 May 2026 and signed on behalf of the board by:

Mr Edward Connolly

Director

E.J.C Contracts Ltd

Directors report

Year ended 31 May 2025

The directors present their report and the financial statements of the company for the year ended 31 May 2025.

Directors

The directors who served the company during the year were as follows:

Mr Edward Connolly

Dividends

Particulars of recommended dividends are detailed in note 12 to the financial statements.

Future developments

The company is planning to expand into other regions.

Financial instruments

The company does not enter into any other form of external finance other than overdrafts and finance lease arrangements.

Directors responsibilities statement

The directors are responsible for preparing the strategic report, directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.

This report was approved by the board of directors on 27 May 2026 and signed on behalf of the board by:

Mr Edward Connolly

Director

E.J.C Contracts Ltd

Independent auditor's report to the member of

E.J.C Contracts Ltd

Year ended 31 May 2025

Opinion

We have audited the financial statements of E.J.C Contracts Ltd (the 'company') for the year ended 31 May 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the company's affairs as at 31 May 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and the returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. we also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the company's member, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's member those matters we are required to state to him in an auditors report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's member as a body, for our audit work, for this report, or for the opinions we have formed.

Jonathan R Bethel (Senior Statutory Auditor)

For and on behalf of

Miscampbell & Co

Chartered Accountant and Statutory Auditor

6 Annadale Avenue

Belfast

BT7 3JH

27 May 2026

E.J.C Contracts Ltd

Statement of comprehensive income

Year ended 31 May 2025

		2025	2024
	Note	£	£


Turnover	4	30,790,890	27,255,238
Cost of sales		( 17,763,911)	( 14,633,614)
		_______	_______
Gross profit		13,026,979	12,621,624

Administrative expenses		( 6,079,408)	( 5,594,271)
		_______	_______
Operating profit	5	6,947,571	7,027,353

Other interest receivable and similar income	8	86,572	13,545
Interest payable and similar expenses	9	( 194,590)	( 15,784)
Profit before taxation		6,839,553	7,025,114

Tax on profit	10	( 1,465,702)	( 1,805,314)
		_______	_______
Profit for the financial year and total comprehensive income		5,373,851	5,219,800
		_______	_______

All the activities of the company are from continuing operations.

E.J.C Contracts Ltd

Statement of financial position

31 May 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	13	2,429,840		1,470,324
Investments	14	962,391		962,391
		_______		_______
			3,392,231		2,432,715

Current assets
Stocks	15	1,048,250		409,778
Debtors	16	7,904,644		5,081,530
Cash at bank and in hand		5,876,896		5,999,048
		_______		_______
		14,829,790		11,490,356
Creditors: amounts falling due
within one year	18	( 4,729,089)		( 5,492,021)
		_______		_______
Net current assets			10,100,701		5,998,335
			_______		_______
Total assets less current liabilities			13,492,932		8,431,050

Creditors: amounts falling due
after more than one year	19		( 272,600)		-
			_______		_______
Net assets			13,220,332		8,431,050
			_______		_______

Capital and reserves
Called up share capital	22		2		2
Profit and loss account	23		13,220,330		8,431,048
			_______		_______
Shareholder funds			13,220,332		8,431,050
			_______		_______

These financial statements were approved by the board of directors and authorised for issue on 27 May 2026 , and are signed on behalf of the board by:

Mr Edward Connolly

Director

Company registration number: NI045412

E.J.C Contracts Ltd

Statement of changes in equity

Year ended 31 May 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 June 2023	4	7,341,423	7,341,427

Profit for the year		5,219,800	5,219,800
	_______	_______	_______
Total comprehensive income for the year	-	5,219,800	5,219,800

Dividends paid and payable		( 756,675)	( 756,675)
Cancellation of subscribed capital	( 2)	-	( 2)
Redemption of shares	-	( 3,373,500)	( 3,373,500)
	_______	_______	_______
Total investments by and distributions to owners	( 2)	( 4,130,175)	( 4,130,177)

	_______	_______	_______
At 31 May 2024 and 1 June 2024	2	8,431,048	8,431,050

Profit for the year		5,373,851	5,373,851
	_______	_______	_______
Total comprehensive income for the year	-	5,373,851	5,373,851

Dividends paid and payable		( 584,569)	( 584,569)
	_______	_______	_______
Total investments by and distributions to owners	-	( 584,569)	( 584,569)

	_______	_______	_______
At 31 May 2025	2	13,220,330	13,220,332
	_______	_______	_______

E.J.C Contracts Ltd

Statement of cash flows

Year ended 31 May 2025

		2025	2024
	Note	£	£

Cash flows from operating activities
Profit for the financial year		5,373,851	5,219,800

Adjustments for:
Depreciation of tangible assets		404,512	144,907
Other interest receivable and similar income		( 86,572)	( 13,545)
Interest payable and similar expenses		194,590	15,784
Gain/(loss) on disposal of tangible assets		5,360	-
Tax on profit		1,465,702	1,805,314
Accrued expenses/(income)		( 367,339)	1,604,010

Changes in:
Stocks		( 638,472)	( 139,297)
Trade and other debtors		( 2,813,114)	( 4,224,832)
Trade and other creditors		( 194,492)	632,436
		_______	_______
Cash generated from operations		3,344,026	5,044,577

Interest paid		( 194,590)	( 15,784)
Interest received		86,572	13,545
Tax paid		( 1,770,690)	( 123,491)
		_______	_______
Net cash from operating activities		1,465,318	4,918,847
		_______	_______

Cash flows from investing activities
Purchase of tangible assets		( 1,379,387)	( 111,700)
Proceeds from sale of tangible assets		10,000	-
Cash advances and loans granted		-	( 347,083)
		_______	_______
Net cash used in investing activities		( 1,369,387)	( 458,783)
		_______	_______

Cash flows from financing activities
Purchases to acquire or redeem own shares		-	( 3,373,501)
Proceeds from borrowings		-	( 1,409)
Payment of finance lease liabilities		342,200	-
Equity dividends paid		( 584,569)	( 756,675)
		_______	_______
Net cash used in financing activities		( 242,369)	( 4,131,585)
		_______	_______

Net increase/(decrease) in cash and cash equivalents		( 146,438)	328,479
Cash and cash equivalents at beginning of year	17	6,020,531	5,692,052
		_______	_______
Cash and cash equivalents at end of year	17	5,874,093	6,020,531
		_______	_______

E.J.C Contracts Ltd

Notes to the financial statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 386A Ballyclare Road, Newtownabbey, Co Antrim, BT36 4TQ.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the Directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows. Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. 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 capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	4 %	reducing balance
Plant and machinery	-	20 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Hire purchase and finance leases

Assets held under 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 lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease 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.

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. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Construction contracts	30,756,510	27,255,238
Rental Income	34,380	-
	_______	_______
	30,790,890	27,255,238
	_______	_______

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	404,512	144,907
(Gain)/loss on disposal of tangible assets	5,360	-
Impairment of trade debtors	-	153,854
Fees payable for the audit of the financial statements	13,000	8,000
	_______	_______

6. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
Administrative staff	66	77
	_______	_______

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	2,889,759	3,052,222
Social security costs	318,397	314,775
Other pension costs	131,191	173,396
	_______	_______
	3,339,347	3,540,393
	_______	_______

7. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	385	10,000
Company contributions to pension schemes in respect of qualifying services	60,000	100,000
	_______	_______
	60,385	110,000
	_______	_______

8. Other interest receivable and similar income

	2025	2024
	£	£
Bank deposits	86,572	13,545
	_______	_______

9. Interest payable and similar expenses

		2025	2024
		£	£
Other loans made to the company:
	Finance leases and hire purchase contracts	28,609	14,186
Other interest payable and similar expenses		165,981	1,598
		_______	_______
		194,590	15,784
		_______	_______

10. Tax on profit

Major components of tax expense

	2025	2024
	£	£
Current tax:
UK current tax expense	1,465,702	1,767,494
Adjustments in respect of previous periods	-	37,820
	_______	_______
Tax on profit	1,465,702	1,805,314
	_______	_______

Reconciliation of tax expense

The tax assessed on the profit for the year is lower than (2024: higher than) the standard rate of corporation tax in the UK of 25.00 % (2024: 25.00%).

	2025	2024
	£	£
Profit before taxation	6,839,553	7,025,114
	_______	_______

Profit multiplied by rate of tax	1,709,888	1,756,279
Adjustments in respect of prior periods	-	37,820
Effect of capital allowances and depreciation	( 244,186)	11,215
	_______	_______
Tax on profit	1,465,702	1,805,314
	_______	_______

11. Earnings per share

Basic earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of basic earnings/(loss) per share are as follows:

	2025	2024
	£	£
Profit for the year attributable to the owners of the company	5,373,851	5,219,800
	_______	_______

Diluted earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of diluted earnings/(loss) per share are as follows:

	2025	2024
	£	£
Earnings/(loss) used in calculation of basic earnings/(loss) per share	5,373,851	5,219,800
	_______	_______

12. Dividends

Equity dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	584,569	756,675
	_______	_______

13. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 June 2024	1,001,916	875,394	377,993	232,328	2,487,631
Additions	-	1,225,500	64,912	88,975	1,379,387
Disposals	-	( 24,000)	-	-	( 24,000)
	_______	_______	_______	_______	_______
At 31 May 2025	1,001,916	2,076,894	442,905	321,303	3,843,018
	_______	_______	_______	_______	_______
Depreciation
At 1 June 2024	100,926	643,489	113,470	159,420	1,017,305
Charge for the year	36,040	286,681	49,415	32,377	404,513
Disposals	-	( 8,640)	-	-	( 8,640)
	_______	_______	_______	_______	_______
At 31 May 2025	136,966	921,530	162,885	191,797	1,413,178
	_______	_______	_______	_______	_______
Carrying amount
At 31 May 2025	864,950	1,155,364	280,020	129,506	2,429,840
	_______	_______	_______	_______	_______
At 31 May 2024	900,990	231,905	264,523	72,908	1,470,326
	_______	_______	_______	_______	_______

Obligations under finance leases

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:


		Plant and machinery
		£
	At 31 May 2025	348,000
		_______
	At 31 May 2024	-
		_______

14. Investments

	Investment property	Total
	£	£
Cost
At 1 June 2024 and 31 May 2025	962,391	962,391
	_______	_______
Impairment
At 1 June 2024 and 31 May 2025	-	-
	_______	_______
Carrying amount
At 31 May 2025	962,391	962,391
	_______	_______
At 31 May 2024	962,391	962,391
	_______	_______

15. Stocks

	2025	2024
	£	£
Work in progress	1,048,250	409,778
	_______	_______

16. Debtors

	2025	2024
	£	£
Trade debtors	438,306	3,831,485
Prepayments and accrued income	10,000	-
Other debtors	7,456,338	1,250,045
	_______	_______
	7,904,644	5,081,530
	_______	_______

17. Cash and cash equivalents

	2025	2024
	£	£
Cash at bank and in hand	5,876,896	5,999,048
Bank overdrafts	( 2,804)	21,483
	_______	_______
	5,874,092	6,020,531
	_______	_______

18. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	42,755	18,468
Trade creditors	764,434	640,778
Accruals and deferred income	1,300,646	1,657,985
Corporation tax	1,449,618	1,754,606
Social security and other taxes	209,618	133,929
Obligations under finance leases	69,600	-
Other creditors	892,418	1,286,255
	_______	_______
	4,729,089	5,492,021
	_______	_______

19. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Obligations under finance leases	272,600	-
	_______	_______

20. Employee benefits

The amount recognised in profit or loss in relation to defined contribution plans was £ 131,191 (2024: £ 173,396 ).

21. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2025	2024
	£	£
Financial assets that are debt instruments measured at amortised cost
Trade debtors	438,306	3,831,485
Other debtors	7,466,338	1,250,045
Cash at bank and in hand	5,876,896	5,999,048
	_______	_______
	13,781,540	11,080,578
	_______	_______

Financial liabilities measured at amortised cost
Bank and other loans	42,755	48,469
Trade creditors	764,434	640,778
Other creditors	3,921,900	4,802,774
	_______	_______
	4,729,089	5,492,021
	_______	_______

22. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	2	2	2	2
	_______	_______	_______	_______

23. Reserves

Profit and Loss Account includes all current and previous profits and losses.

24. Analysis of changes in net debt

	At 1 June 2024	Cash flows	At 31 May 2025
	£	£	£
Cash and cash equivalents	5,999,048	(122,152)	5,876,896
Bank overdrafts	21,483	(24,287)	(2,804)
Debt due within one year	(39,951)	(69,600)	(109,551)
Debt due after one year	-	(272,600)	(272,600)
	_______	_______	_______
	5,980,580	( 488,639)	5,491,941
	_______	_______	_______

25. Operating leases

The company as lessee

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


	£	£

Not later than 1 year	146,400	36,000
Later than 1 year and not later than 5 years	133,125	-
	_______	_______
	279,525	36,000
	_______	_______

Lease rentals represent temporary charges for working sites.

26. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Edward Connolly	-	( 584,569)	584,569	-
		-	-	-	-
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Edward Connolly	(650)	( 724,481)	725,131	-
		( 759)	(30,785)	31,544	-
		_______	_______	_______	_______
		( 1,409)	( 755,266)	756,675	-
		_______	_______	_______	_______

27. Related party transactions

There was no related party transactions which the company was required to report under FRS102

28. Controlling party

The company is limited by share capital and is under the control of the directors