Registration number: 00575128

A Surman & Co Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

A Surman & Co Limited

Company Information

Directors

A P Dalton J M Dalton

Registered office

Newton Place Handsworth Birmingham United Kingdom B18 5JY

Auditors

Bissell & Brown Midlands Ltd Statutory Senior Auditor Charter House 56 High Street Sutton Coldfield West Midlands B72 1UJ

A Surman & Co Limited

(Registration number: 00575128)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	164,059	165,464
Current assets
Stocks	6	4,000	4,000
Debtors	7	3,837,876	3,940,950
Cash at bank and in hand		685,212	1,541,876
		4,527,088	5,486,826
Creditors: Amounts falling due within one year	8	(3,477,007)	(4,568,909)
Net current assets		1,050,081	917,917
Total assets less current liabilities		1,214,140	1,083,381
Provisions for liabilities		(41,015)	(41,366)
Net assets		1,173,125	1,042,015
Capital and reserves
Called up share capital	10	1,000	1,000
Retained earnings		1,172,125	1,041,015
Shareholders' funds		1,173,125	1,042,015

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the directors' report and the Profit and Loss Account.

Approved and authorised by the Board on 11 August 2026 and signed on its behalf by:
 

......................................... A P Dalton Director

......................................... J M Dalton Director

A Surman & Co Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Newton Place
Handsworth
Birmingham
B18 5JY
United Kingdom

These financial statements were authorised for issue by the Board on 11 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Summary of disclosure exemptions

The company has taken advantage of the exemption available under Section 1A of FRS 102 from disclosing related party transactions with wholly owned group entities. There were no other related party transactions during the year requiring disclosure..

A Surman & Co Limited

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 11 August 2026 was Paul Matthews, who signed for and on behalf of Bissell & Brown Midlands Ltd.

.........................................

Revenue recognition

Turnover represents the fair value of consideration receivable for construction and contracting services provided in the normal course of business, stated net of value added tax, trade discounts and rebates.

Revenue from construction contracts is recognised over time by reference to the stage of completion of the contract activity at the reporting date, when the outcome of the contract can be estimated reliably. Stage of completion is assessed by reference to costs incurred to date as a percentage of total estimated contract costs.

Amounts recoverable on contracts represent costs incurred and recognised profits less recognised losses and progress billings.

Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of recoverable contract costs incurred. Expected losses are recognised immediately in the profit and loss account.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balances

A Surman & Co Limited

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Fixtures and fittings	25%-33% Straight line
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 21 (2024 - 17).

A Surman & Co Limited

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

4

Taxation

Tax charged/(credited) in the profit and loss account

	2025 £	2024 £
Current taxation
UK corporation tax	411,364	224,390
Deferred taxation
Arising from origination and reversal of timing differences	(351)	(2,738)
Tax expense in the income statement	411,013	221,652

The tax on profit before tax for the year is the same as the standard rate of corporation tax in the UK (2024 - the same as the standard rate of corporation tax in the UK) of 25% (2024 - 25%).

The differences are reconciled below:

	2025 £	2024 £
Profit before tax	1,542,123	887,240
Corporation tax at standard rate	385,531	221,810
Tax increase from effect of capital allowances and depreciation	351	2,743
Effect of expense not deductible in determining taxable profit (tax loss)	28,940	12,655
Tax decrease arising from group relief	(3,458)	(12,819)
Tax decrease from other tax effects	(351)	(2,737)
Total tax charge	411,013	221,652

Deferred tax

Deferred tax assets and liabilities

2025	Asset £	Liability £
Accelerated tax depreciation	-	41,015
	-	41,015

2024	Asset £	Liability £
Accelerated tax depreciation	-	41,366
	-	41,366

A Surman & Co Limited

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 January 2025	90,509	280,606	74,044	445,159
Additions	16,932	35,895	2,615	55,442
Disposals	(28,584)	(12,095)	-	(40,679)
At 31 December 2025	78,857	304,406	76,659	459,922
Depreciation
At 1 January 2025	63,137	170,118	46,440	279,695
Charge for the year	16,676	27,183	7,563	51,422
Eliminated on disposal	(24,569)	(10,685)	-	(35,254)
At 31 December 2025	55,244	186,616	54,003	295,863
Carrying amount
At 31 December 2025	23,613	117,790	22,656	164,059
At 31 December 2024	27,372	110,488	27,604	165,464

6

Stocks

	2025 £	2024 £
Raw materials and consumables	4,000	4,000

7

Debtors

Current	2025 £	2024 £
Trade debtors	3,094,427	2,992,953
Prepayments	95,471	73,640
Other debtors	-	9,185
Amounts recoverable on contracts	647,978	865,172
	3,837,876	3,940,950

A Surman & Co Limited

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		2,275,676	2,896,629
Amounts owed to group undertakings and undertakings in which the company has a participating interest		81,817	81,817
Taxation and social security		802,732	1,420,778
Accruals and deferred income		309,991	163,407
Other creditors		6,791	6,278
		3,477,007	4,568,909