REGISTERED NUMBER: 06688404 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

C W G GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L M Allan

R A Couch

C W Grint

SECRETARY:

Mrs D J Norris

REGISTERED OFFICE:

Units 1 & 2 Gateway 1000

Whittle Way

Stevenage

Hertfordshire

SG1 2FP

REGISTERED NUMBER:

06688404 (England and Wales)

AUDITORS:

Cook & Partners Limited

Statutory Auditor

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,312,676

1,351,235

1,312,676

1,351,235

CURRENT ASSETS

Stocks

5,489

15,402

Debtors

6

4,765,890

3,291,114

Cash at bank and in hand

922,610

1,327,328

5,693,989

4,633,844

CREDITORS

Amounts falling due within one year

7

3,452,234

2,924,616

NET CURRENT ASSETS

2,241,755

1,709,228

TOTAL ASSETS LESS CURRENT LIABILITIES

3,554,431

3,060,463

CREDITORS

Amounts falling due after more than one year

8

(230,445

)

(287,241

)

PROVISIONS FOR LIABILITIES

(49,852

)

(55,350

)

NET ASSETS

3,274,134

2,717,872

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

3,274,033

2,717,771

SHAREHOLDERS' FUNDS

3,274,134

2,717,872

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 24th August 2026 and were signed on its behalf by:

C W Grint - Director

1.	STATUTORY INFORMATION

C W G Group 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.

Going Concern Justification

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 March 2026 have been prepared using the going concern basis of accounting.

Revenue

Revenue - Described as turnover - is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.

Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services once completed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance and 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2025 - 34 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

360,000

AMORTISATION

At 1st April 2025

and 31st March 2026

360,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2025

1,034,809

547,035

1,581,844

Additions

-

41,125

41,125

Disposals

-

(22,459

)

(22,459

)

At 31st March 2026

1,034,809

565,701

1,600,510

DEPRECIATION

At 1st April 2025

-

230,609

230,609

Charge for year

-

76,046

76,046

Eliminated on disposal

-

(18,821

)

(18,821

)

At 31st March 2026

-

287,834

287,834

NET BOOK VALUE

At 31st March 2026

1,034,809

277,867

1,312,676

At 31st March 2025

1,034,809

316,426

1,351,235

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,597,890

1,362,538

Other debtors

3,168,000

1,928,576

4,765,890

3,291,114

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

30,834

27,026

Hire purchase contracts

33,139

24,080

Trade creditors

2,439,989

2,009,475

Taxation and social security

678,342

614,711

Other creditors

269,930

249,324

3,452,234

2,924,616

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

132,429

190,311

Hire purchase contracts

98,016

96,930

230,445

287,241

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

73,582

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

163,263

217,337

These loans are secured by a fixed and floating charge over the company's assets.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Jones (Senior Statutory Auditor)

for and on behalf of Cook & Partners Limited