REGISTERED NUMBER: 12871040 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

COMPLETE ASBESTOS SOLUTIONS LTD

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Tangible assets

4

12,013

7,026

Current assets

Stocks

4,445

1,945

Debtors

5

28,312

18,725

Cash at bank

11,064

17,702

43,821

38,372

Creditors

Amounts falling due within one year

6

28,180

15,622

Net current assets

15,641

22,750

Total assets less current liabilities

27,654

29,776

Provisions for liabilities

8

2,282

1,757

Net assets

25,372

28,019

Capital and reserves

Called up share capital

9

30

30

Share premium

2,249

2,249

Retained earnings

23,093

25,740

Shareholders' funds

25,372

28,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

Mr T L Doyle - Director

Mr P J Maidment - Director

1.	Statutory information

Complete Asbestos Solutions Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 12871040. The registered office is Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS and business address is 8 Mannings Heath Road, Poole, Dorset, BH12 4NQ

2.	Accounting policies

Basis of preparing the financial statements

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

Turnover

Turnover represents amounts receivable, excluding value added tax, in respect of goods and services provided in the ordinary course of business. Turnover is recognised as soon as the goods or services have been provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

4.	Tangible fixed assets

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 October 2024

817

14,695

997

16,509

Additions

-

8,990

-

8,990

At 30 September 2025

817

23,685

997

25,499

Depreciation

At 1 October 2024

473

8,496

514

9,483

Charge for year

86

3,797

120

4,003

At 30 September 2025

559

12,293

634

13,486

Net book value

At 30 September 2025

258

11,392

363

12,013

At 30 September 2024

344

6,199

483

7,026

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 October 2024

14,695

Transfer to ownership

(14,695

)

At 30 September 2025

-

Depreciation

At 1 October 2024

8,496

Transfer to ownership

(8,496

)

At 30 September 2025

-

Net book value

At 30 September 2025

-

At 30 September 2024

6,199

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

28,312

18,725

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts

-

1,347

Trade creditors

17,221

1,334

Tax

2,939

5,406

Social security and other taxes

1,230

991

VAT

3,894

4,281

Other creditors

407

220

Directors' current accounts

394

48

Accruals and deferred income

2,095

1,995

28,180

15,622

7.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

1,347

Amounts owing under hire purchase agreements are secured against the assets to which they relate.

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

2,282

1,757

Deferred

tax

£

Balance at 1 October 2024

1,757

Charge to Income statement during year

525

Balance at 30 September 2025

2,282

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

30

Ordinary

£1

30

30

10.	Ultimate controlling party

None of the shareholders of the company hold a majority interest and therefore no individual is deemed to exercise ultimate control.