Company No: 06806784 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Barry Edward Bridges
	Morgan Anthony Bridges

SECRETARY

Clare Louise Bridges

REGISTERED OFFICE	Unit 7a
	Risby Business Park Newmarket Road
	Risby
	Bury St. Edmunds
	IP28 6RD
	United Kingdom

COMPANY NUMBER

06806784 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	219,000		292,000
Tangible assets	4	32,089		30,626
Investment property	5	1,600,000		1,600,000
		1,851,089		1,922,626
Current assets
Debtors	6	62,213		72,138
Cash at bank and in hand		2,723,408		2,406,339
		2,785,621		2,478,477
Creditors: amounts falling due within one year	7	( 165,915)		( 175,171)
Net current assets		2,619,706		2,303,306
Total assets less current liabilities		4,470,795		4,225,932
Provision for liabilities	8	( 28,789)		( 28,789)
Net assets		4,442,006		4,197,143
Capital and reserves
Called-up share capital	9	100		100
Revaluation reserve		86,368		86,368
Profit and loss account		4,355,538		4,110,675
Total shareholders' funds		4,442,006		4,197,143

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Cambridge Asbestos Removal Limited (registered number: 06806784) were approved and authorised for issue by the Board of Directors on 16 June 2026. They were signed on its behalf by:

Barry Edward Bridges Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cambridge Asbestos Removal Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 7a, Risby Business Park Newmarket Road, Risby, Bury St. Edmunds, IP28 6RD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

20 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	4 years straight line
Vehicles	4 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2025	1,460,000		1,460,000
At 31 March 2026	1,460,000		1,460,000
Accumulated amortisation
At 01 April 2025	1,168,000		1,168,000
Charge for the financial year	73,000		73,000
At 31 March 2026	1,241,000		1,241,000
Net book value
At 31 March 2026	219,000		219,000
At 31 March 2025	292,000		292,000

4. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2025	34,805		79,237		1,587		115,629
Additions	0		13,949		0		13,949
Disposals	0		( 8,750)		0		( 8,750)
At 31 March 2026	34,805		84,436		1,587		120,828
Accumulated depreciation
At 01 April 2025	31,022		52,798		1,183		85,003
Charge for the financial year	1,075		11,175		236		12,486
Disposals	0		( 8,750)		0		( 8,750)
At 31 March 2026	32,097		55,223		1,419		88,739
Net book value
At 31 March 2026	2,708		29,213		168		32,089
At 31 March 2025	3,783		26,439		404		30,626

5. Investment property

	Investment property
	£
Valuation
As at 01 April 2025	1,600,000
As at 31 March 2026	1,600,000

Valuation

A market valuation of investment properties was completed at the statement of financial position date. The fair value of the company's residential investment property portfolio was arrived at on the basis of valuations carried out on that
date by the director's reference to market evidence of transaction prices for similar properties. The comparison approach was used for all residential properties which involved reviewing recent market evidence from the sales of similar properties during the period.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2026		2025
	£		£
Historic cost	1,484,843		1,484,843

6. Debtors

	2026		2025
	£		£
Trade debtors	47,774		60,517
Prepayments	14,439		11,621
	62,213		72,138

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	7,261		10,162
CIS withheld	358		1,485
Taxation and social security	148,245		152,237
Other creditors	10,051		11,287
	165,915		175,171

8. Provision for liabilities

	2026		2025
	£		£
Deferred tax	28,789		28,789

9. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100