REGISTERED NUMBER: 03231298 (England and Wales)

CONTRACT SERVICES (WOLVERHAMPTON &

WREKIN) LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Edwards

Mrs C S Edwards

Mrs C Dennis

Mrs S L Lumbard

SECRETARY:

Mrs C S Edwards

REGISTERED OFFICE:

T/A Prime Facility Services

Unit B3

Halesfield 11

Telford

Shropshire

TF7 4PH

REGISTERED NUMBER:

03231298 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Intangible assets

4

20,265

34,065

Tangible assets

5

212,005

252,321

232,270

286,386

CURRENT ASSETS

Debtors

6

853,326

1,310,267

Cash at bank

642,146

209,582

1,495,472

1,519,849

CREDITORS

Amounts falling due within one year

7

1,480,405

1,038,106

NET CURRENT ASSETS

15,067

481,743

TOTAL ASSETS LESS CURRENT LIABILITIES

247,337

768,129

CREDITORS

Amounts falling due after more than one year

8

(11,960

)

(24,317

)

PROVISIONS FOR LIABILITIES

(46,042

)

(56,199

)

NET ASSETS

189,335

687,613

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

189,235

687,513

189,335

687,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

D J Edwards - Director

1.	STATUTORY INFORMATION

Contract Services (Wolverhampton & Wrekin) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of business in 2018 and 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance and 15% on reducing balance

Computer equipment

-

15% on reducing balance

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 454 (2024 - 401 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

500,858

AMORTISATION

At 1 January 2025

466,793

Charge for year

13,800

At 31 December 2025

480,593

NET BOOK VALUE

At 31 December 2025

20,265

At 31 December 2024

34,065

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

144,213

193,202

17,609

Additions

5,480

18,075

-

Disposals

-

-

-

At 31 December 2025

149,693

211,277

17,609

DEPRECIATION

At 1 January 2025

117,823

107,060

16,045

Charge for year

4,963

15,187

234

Eliminated on disposal

-

-

-

At 31 December 2025

122,786

122,247

16,279

NET BOOK VALUE

At 31 December 2025

26,907

89,030

1,330

At 31 December 2024

26,390

86,142

1,564

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

245,115

83,821

683,960

Additions

-

11,383

34,938

Disposals

(87,013

)

-

(87,013

)

At 31 December 2025

158,102

95,204

631,885

DEPRECIATION

At 1 January 2025

135,464

55,247

431,639

Charge for year

26,310

6,385

53,079

Eliminated on disposal

(64,838

)

-

(64,838

)

At 31 December 2025

96,936

61,632

419,880

NET BOOK VALUE

At 31 December 2025

61,166

33,572

212,005

At 31 December 2024

109,651

28,574

252,321

The net book value of tangible fixed assets includes £ 36,598 (2024 - £ 46,229 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

748,353

696,792

Amounts owed group undertaking

-

557,188

Prepayments and accrued income

104,973

56,287

853,326

1,310,267

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

12,358

12,358

Trade creditors

213,152

129,519

Social security and other taxes

689,181

477,196

Other creditors

550,431

404,313

Accruals and deferred income

15,283

14,720

1,480,405

1,038,106

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

11,960

24,317

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

24,318

36,675

The invoice discounting liability is secured on the company's trade debtors. The hire purchase liability is secured on the asset to which the borrowing relates.

10.	OTHER FINANCIAL COMMITMENTS

At 31 December 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £260,338.