Severn Park Construction Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10402168

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		110,819		114,026
Investments	5		1,670,982		-

			1,781,801		114,026
CURRENT ASSETS
Stocks	6	243,335		598,306
Debtors	7	2,614,659		3,024
Cash at bank and in hand		386,267		330,477

		3,244,261		931,807
Creditors: Amounts Falling Due Within One Year	8	(1,898,684 )		(941,772 )

NET CURRENT ASSETS (LIABILITIES)			1,345,577		(9,965 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,127,378		104,061

Creditors: Amounts Falling Due After More Than One Year	9		(3,000,000 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,422 )		(10,216 )

NET ASSETS			124,956		93,845

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			124,856		93,745

SHAREHOLDERS' FUNDS			124,956		93,845

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Severn Park Construction Limited

Balance Sheet (continued)

As At 31 January 2026

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

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

The directors acknowledge their 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

Mrs E L Smith

Director

15 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Severn Park Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10402168 . The registered office is Buttington Works, Beechley, Chestow, NP16 7HE.

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:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	33% reducing balance

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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

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Severn Park Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2025	61,036	129,527	190,563
Additions	1,764	43,624	45,388
Disposals	-	(20,700 )	(20,700 )

As at 31 January 2026	62,800	152,451	215,251

Depreciation
As at 1 February 2025	34,463	42,074	76,537
Provided during the period	7,094	29,857	36,951
Disposals	-	(9,056 )	(9,056 )

As at 31 January 2026	41,557	62,875	104,432

Net Book Value
As at 31 January 2026	21,243	89,576	110,819

As at 1 February 2025	26,573	87,453	114,026

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 February 2025	-
Additions	1,670,982

As at 31 January 2026	1,670,982

Provision
As at 1 February 2025	-

As at 31 January 2026	-

Net Book Value
As at 31 January 2026	1,670,982

As at 1 February 2025	-

The company holds 100% of the share capital in EMM Property Limited.

6. Stocks

	2026	2025
	£	£
Stock	243,335	598,306

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Severn Park Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	50,369	-
Amounts owed by group undertakings	979,056	-
Other debtors	1,585,234	3,024

	2,614,659	3,024

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	69,998	188,307
Other creditors	1,632,669	544,125
Taxation and social security	196,017	209,340

	1,898,684	941,772

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	3,000,000	-

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

11. Related Party Transactions

During the year the company traded with related parties. These transactions were carried out at arms length.

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