Caerleon Ready Mixed Concrete Limited

Registered number

02316828

Filleted Accounts

31 October 2025

Caerleon Ready Mixed Concrete Limited
Registered number:		02316828
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,306,391			1,048,608

Current assets
Stocks		20,000			16,000
Debtors	4	650,880			841,123
Cash at bank and in hand		489,991			344,501
		1,160,871			1,201,624

Creditors: amounts falling due within one year	5	(846,454)			(767,844)

Net current assets			314,417			433,780

Total assets less current liabilities			1,620,808			1,482,388

Creditors: amounts falling due after more than one year	6		-			(1,046)

Provisions for liabilities			(89,661)			(88,480)


Net assets			1,531,147			1,392,862

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,531,047			1,392,762

Shareholders' funds			1,531,147			1,392,862

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Cranton
Director
Approved by the board on 28 July 2026

Caerleon Ready Mixed Concrete Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Improvements to property			2% straight line
	Plant and machinery			20% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					12		10


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	633,695		790,148		1,285,264		2,709,107
	Additions	185,565		1,915		221,500		408,980
	Disposals	-		-		(87,500)		(87,500)
	At 31 October 2025	819,260		792,063		1,419,264		3,030,587

	Depreciation
	At 1 November 2024	27,610		660,274		972,615		1,660,499
	Charge for the year	8,329		26,358		105,074		139,761
	On disposals	-		-		(76,064)		(76,064)
	At 31 October 2025	35,939		686,632		1,001,625		1,724,196

	Net book value
	At 31 October 2025	783,321		105,431		417,639		1,306,391
	At 31 October 2024	606,085		129,874		312,649		1,048,608


4	Debtors					2025		2024
£							£

	Trade debtors					508,272		756,457
	Other debtors					142,608		84,666
						650,880		841,123


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					1,046		12,556
	Trade creditors					375,803		430,310
	Corporation tax					8,586		39,507
	Other taxes and social security costs					43,730		50,680
	Other creditors					417,289		234,791
						846,454		767,844


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					-		1,046


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr J Cranton
	Director's loan account	(57,405)		3,808		(49,131)		(102,728)

	Mrs S Cranton
	Director's loan account	(57,405)		3,808		(49,131)		(102,728)

	Mrs C J Turton
	Director's loan account	(57,405)		3,808		(49,131)		(102,728)

	Mrs G L Ellison
	Director's loan account	(57,405)		3,808		(49,131)		(102,728)

		(229,620)		15,232		(196,524)		(410,912)


8	Related party transactions

	During the year the company traded with Cardiff Ready Mixed Concrete Limited, a company partly owned by a shareholder in Caerleon Ready Mixed Concrete Limited. Net sales amounted to £nil (2024: £nil). The balance owing at the end of the year from Cardiff Ready Mixed Concrete Limited was £129,270.58 (2024: £71,741.79).


9	Controlling party

	The company is controlled by the directors by virtue of their shareholdings.


10	Other information

	Caerleon Ready Mixed Concrete Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4, Western Industrial Estate
	Ponthir Road
	Caerleon
	Newport
	NP16 3NN