REGISTERED NUMBER: 09802390 (England and Wales)

CEREDIGION SUSTAINABLE DEVELOPMENT LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Egan

M S Stanley

R J Berner

SECRETARY:

R J Berner

REGISTERED OFFICE:

Prospect Road

Burntwood

Walsall

Staffordshire

WS7 0AE

REGISTERED NUMBER:

09802390 (England and Wales)

ACCOUNTANTS:

Atkinson Finch & Co

Chartered Accountants

Central Chambers

45-47 Albert Street

Rugby

Warwickshire

CV21 2SG

FIXED ASSETS

Tangible assets

4

15,302

14,677

CURRENT ASSETS

Stocks

2,290,987

2,758,447

Debtors

5

375,238

364,964

Cash at bank

9,140

12,821

2,675,365

3,136,232

CREDITORS

Amounts falling due within one year

6

1,804,410

2,329,139

NET CURRENT ASSETS

870,955

807,093

TOTAL ASSETS LESS CURRENT LIABILITIES

886,257

821,770

PROVISIONS FOR LIABILITIES

3,826

3,669

NET ASSETS

882,431

818,101

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

882,331

818,001

SHAREHOLDERS' FUNDS

882,431

818,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th July 2026 and were signed on its behalf by:

M S Stanley - Director

1.	STATUTORY INFORMATION

Ceredigion Sustainable Development Ltd 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.

Significant judgements and estimates

There are no significant judgements that have a material effect on the financial statements nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st April 2025

46,256

533

46,789

Additions

4,450

-

4,450

At 31st March 2026

50,706

533

51,239

DEPRECIATION

At 1st April 2025

31,659

453

32,112

Charge for year

3,809

16

3,825

At 31st March 2026

35,468

469

35,937

NET BOOK VALUE

At 31st March 2026

15,238

64

15,302

At 31st March 2025

14,597

80

14,677

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

15,000

15,000

Other debtors

356,767

346,830

Prepayments

3,471

3,134

375,238

364,964

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

175,874

303,491

Amounts owed to participating interests

1,604,083

1,831,363

Corporation tax payable

18,421

186,271

Other creditors

1,338

3,746

Accrued expenses

4,694

4,268

1,804,410

2,329,139

7.	RELATED PARTY DISCLOSURES

M S Stanley is the sole director and shareholder of Metal Products Business Park Limited.

At 31st March 2026, £1,604,083 (2025 - £1,831,363) was owed to Metal Products Business Park Limited.

R J Berner is a director and shareholder of Berner Management Consultants Limited.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M S Stanley.