Registration number: 01896340

Keith Walton Brickwork Limited

Contents

Keith Walton Brickwork Limited

Company Information

Keith Walton Brickwork Limited

Strategic Report for the Year Ended 31 December 2025

The directors present their strategic report for the year ended 31 December 2025.

Principal activity

The principal activity of the company is that of a specialist brickwork and masonry contractor, working with large clients on commerical, retail and residential builds.

Fair review of the business

The financial year has delivered a trading profit before tax of £1,235,755 (2024: £1,249,004), representing a decrease of 1.06% on the previous year.

We have maintained our relationships with long-term clients and forged new relationships as a result of our performance and quality workmanship. We have also maintained our high standards in respect of Health & Safety, Quality, Environmental and Sustainability matters, as these remain key to our long-term success.

We recognise the importance of building the foundations for the next generation of bricklayers and construction professionals to ensure the longevity of our business, and as such we have continued to provide apprenticeships and promote the development and progression of our whole team, both on site and in the office.

We, like many others, have increased our efforts to support and drive environmental change in our bid to reduce our carbon footprint. This has been achieved by investing in more electric vehicles and working with suppliers and labour local to contracts to reduce travel.

Key performance indicators

The company's key financial and other performance indicators during the year were as follows:

The key performance indicators are monitored by the board of directors. In addition to the above, margins are monitored monthly to ensure the company is progressing as planned and in a timely manner. The company considers its key financial indicators to be those that communicate the financial strength of the company as a whole, namely turnover, gross profit, operating profit and profit before tax, as set out in the profit and loss account.

Non-financial key performance indicators are measured annually using customer feedback questionnaires. This is also a requirement of our ISO 9001:2005 accredited management system to evaluate clients' satisfaction with the finished product, our service, the overall programme and time taken, health and safety, communication, and the commercial aspects of the project.

Principal risks and uncertainties

The directors consider that the following are the principal risks and uncertainties that could materially and adversely affect the company. The directors actively manage these risks and ensure that appropriate actions are taken to mitigate these risks.

Keith Walton Brickwork Limited

Strategic Report for the Year Ended 31 December 2025

Labour retention - As in previous years, the company has identified the potential risk around both the acquisition and retention of bricklayers. To mitigate this, the company actively monitors market conditions and pay rates. In addition, the company provides apprenticeships for bricklayers and maintains good relationships with a number of colleges.

Competition - There have been a number of new bricklaying subcontractors in our area of operation. Although these companies do not carry the extensive accreditations held by our company, as required by the majority of our clients, they havein some instances been used as a price comparison at tender stage. This has been addressed by the directors through demonstrating the standards and accreditations held by the company.

Development and performance

Whilst the current and future economic climate remains uncertain, the company's secured and targeted workload remains largely within established sectors which remain reasonably active, including public sector schemes, education and healthcare. With our current workflow, we are expect turnover for the forthcoming year to increase. We are increasing opportunities for apprentices year on year to ensure the continuity of our workforce.

Approved and authorised by the Board on 29 June 2026 and signed on its behalf by:
 

Keith Walton Brickwork Limited

Directors' Report for the Year Ended 31 December 2025

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors of the company

The directors who held office during the year were as follows:

Mrs H E Atkin Watson

Mr H J Clayton

Mr W Kelly

Mr K Walton

Mr S J Watson

Results and dividends

The results for the year are set out in the financial statements on page 9.

Dividends totalling £850,000 (2024 - £900,000) were paid during the year.

Information included in the strategic report

The disclosures in respect of the business review, future developments and financial risk, objectives and policies are included in the strategic report.

Disclosure of information to the auditors

Approved and authorised by the Board on 29 June 2026 and signed on its behalf by:
 

Keith Walton Brickwork Limited

Statement of Directors' Responsibilities

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 of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

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.

Keith Walton Brickwork Limited

Independent Auditor's Report to the Members of Keith Walton Brickwork Limited

Opinion

We have audited the financial statements of Keith Walton Brickwork Limited (the 'company') for the year ended 31 December 2025, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, 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 Financial Reporting Standard 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:

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 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 director's 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 original financial statements were 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 directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. 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.

We have nothing to report in this regard.

Keith Walton Brickwork Limited

Independent Auditor's Report to the Members of Keith Walton Brickwork Limited

Opinion on other matter prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

In the light of our 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 and the Directors' Report.

Auditor 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. Based on our understanding of the company and the nature of the industry, we identified that the principal risks of non-compliance with laws and regulations related to UK tax legislation, employment regulations, health and safety regulations, anti-bribery, corruption and fraud, money laundering and we considered the extent to which non-compliance might have a material effect on the financial statements. We also identified financial reporting standards and the Companies Act 2006 as having a direct impact on the preparation of financial statements.

Our audit procedures were designed to respond to those identified risks, including non-compliance with laws and regulations (irregularities) and fraud that are material to the financial statements. Our audit procedures included but are not limited to:

Keith Walton Brickwork Limited

Independent Auditor's Report to the Members of Keith Walton Brickwork Limited

There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention and detection of irregularities including fraud rests with management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company’s members, 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 members those matters we are required to state to them in an auditor’s 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 members as a body, for our audit work, for this report, or for the opinions we have formed.

......................................
Mark Heaton FCCA (Senior Statutory Auditor)
For and on behalf of KM, Statutory Auditor
 1st Floor, Block C
The Wharf
Manchester Road
Burnley
Lancashire
BB11 1JG

29 June 2026

Keith Walton Brickwork Limited

Profit and Loss Account for the Year Ended 31 December 2025

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Keith Walton Brickwork Limited

(Registration number: 01896340)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 29 June 2026 and signed on its behalf by:
 

Keith Walton Brickwork Limited

Statement of Changes in Equity for the Year Ended 31 December 2025