C.W. Surfacing Ltd.

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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C.W. Surfacing Ltd.

Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: 03333756

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		853,313		1,048,254

			853,313		1,048,254
CURRENT ASSETS
Stocks	5	47,474		52,174
Debtors	6	971,320		1,269,886
Cash at bank and in hand		203,070		110,084

		1,221,864		1,432,144
Creditors: Amounts Falling Due Within One Year	7	(2,071,242 )		(1,953,150 )

NET CURRENT ASSETS (LIABILITIES)			(849,378 )		(521,006 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,935		527,248

Creditors: Amounts Falling Due After More Than One Year	8		(74,344 )		(194,614 )

NET (LIABILITIES)/ASSETS			(70,409 )		332,634

CAPITAL AND RESERVES
Called up share capital	10		125		125
Profit and Loss Account			(70,534 )		332,509

SHAREHOLDERS' FUNDS			(70,409)		332,634

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C.W. Surfacing Ltd.

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 31 July 2026 and were signed on its behalf by:

Mr L C Wenham

Director

The notes on pages 4 to 6 form part of these financial statements.

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C.W. Surfacing Ltd.

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

C.W. Surfacing Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03333756 . The registered office is Trade Fair House 2 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 34 (2024: 38)

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C.W. Surfacing Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	1,060,275	1,219,158	33,247	17,110	2,329,790
Additions	3,450	-	400	5,321	9,171
Disposals	(5,369 )	(15,000 )	-	-	(20,369 )

As at 31 December 2025	1,058,356	1,204,158	33,647	22,431	2,318,592

Depreciation
As at 1 January 2025	596,344	668,052	11,026	6,114	1,281,536
Provided during the period	45,946	133,285	5,614	3,003	187,848
Disposals	(4,105 )	-	-	-	(4,105 )

As at 31 December 2025	638,185	801,337	16,640	9,117	1,465,279

Net Book Value
As at 31 December 2025	420,171	402,821	17,007	13,314	853,313

As at 1 January 2025	463,931	551,106	22,221	10,996	1,048,254

5. Stocks

	31 December 2025	31 December 2024
	£	£
Stock	47,474	52,174

6. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	557,049	892,810
Other debtors	414,271	377,076

	971,320	1,269,886

7. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Net obligations under finance lease and hire purchase contracts	84,120	168,184
Trade creditors	612,927	669,835
Bank loans and overdrafts	43,835	66,355
Other creditors	1,255,884	967,800
Taxation and social security	74,476	80,976

	2,071,242	1,953,150

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C.W. Surfacing Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Creditors: Amounts Falling Due After More Than One Year

	31 December 2025	31 December 2024
	£	£
Net obligations under finance lease and hire purchase contracts	74,344	159,761
Bank loans	-	34,853

	74,344	194,614

9. Obligations Under Finance Leases and Hire Purchase

	31 December 2025	31 December 2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	84,120	168,184
Later than one year and not later than five years	74,344	159,761

	158,464	327,945

	158,464	327,945

10. Share Capital

	31 December 2025	31 December 2024
	£	£
Allotted, Called up and fully paid	125	125

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 December 2025	31 December 2024
	£	£
Not later than one year	544	680
Later than one year and not later than five years	544	1,089

	1,088	1,769

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Directors	Mr L C Wenham
	Mrs L A Wenham
	Mr J Wyatt
	Mr C T Wenham
	Mr A Wenham
	Mr J Wenham

Company Number	03333756

Registered Office	Trade Fair House 2 West Court
	Enterprise Road
	Maidstone
	Kent
	ME15 6JD

Accountants	Accsys Accountants Limited
	Chartered Accountants
	Trade Fair House 2 West Court
	Enterprise Road
	Maidstone
	Kent
	ME15 6JD