REGISTERED NUMBER: 05661168 (England and Wales)

Just Granite Contracts Limited

Unaudited Financial Statements

for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Allen

REGISTERED OFFICE:

Pillaton Hall Farm

Pillaton

Penkridge

Staffordshire

ST19 5RZ

REGISTERED NUMBER:

05661168 (England and Wales)

ACCOUNTANTS:

UHY Hacker Young (Bham) LLP

9-11 Vittoria Street

Birmingham

B1 3ND

FIXED ASSETS

Tangible assets

4

36,226

48,301

Investments

5

1,916,438

1,916,438

1,952,664

1,964,739

CURRENT ASSETS

Debtors

6

231,667

182,104

Cash at bank

66,289

298,320

297,956

480,424

CREDITORS

Amounts falling due within one year

7

140,399

374,999

NET CURRENT ASSETS

157,557

105,425

TOTAL ASSETS LESS CURRENT LIABILITIES

2,110,221

2,070,164

CREDITORS

Amounts falling due after more than one year

8

(78,148

)

(232,359

)

PROVISIONS FOR LIABILITIES

9

(9,056

)

(12,075

)

NET ASSETS

2,023,017

1,825,730

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,022,917

1,825,630

SHAREHOLDERS' FUNDS

2,023,017

1,825,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2026 and were signed by:

M Allen - Director

1.	STATUTORY INFORMATION

Just Granite Contracts Limited 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.

The presentational and functional currency of these financial statements is sterling. All amounts in the financial statements have been rounded to the nearest £1.

Measurement convention

The financial statements are prepared on the historical cost basis except in the instance where assets and liabilities are stated at their fair value.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they have adopted the going concern basis of accounting in preparing these financial statements.

Basic financial instruments

Trade and other debtors / creditors

Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of instrument for a similar debt instrument.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances and call deposits.

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.

Motor Vehicles - 25% reducing balance

Taxation

Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other income, in which case it is recognised directly in equity or other income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet date.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that is it probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

79,449

DEPRECIATION

At 1 December 2024

31,148

Charge for year

12,075

At 30 November 2025

43,223

NET BOOK VALUE

At 30 November 2025

36,226

At 30 November 2024

48,301

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 December 2024

and 30 November 2025

1,916,438

NET BOOK VALUE

At 30 November 2025

1,916,438

At 30 November 2024

1,916,438

At 30 November 2023, Just Granite Contracts Limited hold 100 shares in Just Granite Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

163,119

118,242

Other debtors

68,548

63,862

231,667

182,104

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to participating interests

-

246,000

Tax

117,448

111,994

VAT

19,097

11,742

Other creditors

1,077

826

Directors' loan accounts

77

1,837

Accrued expenses

2,700

2,600

140,399

374,999

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to participating interests

78,148

232,359

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

9,056

12,075

Deferred

tax

£

Balance at 1 December 2024

12,075

Credit to Profit and Loss Account during year

(3,019

)

Balance at 30 November 2025

9,056

10.	RELATED PARTY TRANSACTIONS

Just Granite Contracts Limited owns 100% shareholding in Just Granite Limited.

During the year ended 30 November 2025, Just Granite Contracts Limited purchased £90,000 (2024: £100,000) from Just Granite Limited, for production labour. At 30 November 2025, £Nil (2024: £Nil) is outstanding and owed to Just Granite Limited in respect to these services.

During the year ended 30 November 2025, Just Granite Limited incurred expenditure totalling £1,076 (2024: £826) on behalf of Just Granite Contracts Limited in relation to motor vehicle maintenance. At 30 November 2025 , £1,076 (2024: £826) is outstanding and due to be reimbursed by Just Granite Contracts Limited.

Just Granite Contracts Limited made loan repayments of £513,000 (2024: £250,000) to Just Granite Limited during the year ended 30 November 2025. At 30 November 2025, £78,148 (2024: £478,359) is owed to Just Granite Limited in repayment of these loans. The loans are repayable between 1 and 2 years.

11.	REGISTRATION OF A CHARGE

Just Granite Limited has security over the loan which was given to Just Granite Contracts Limited in the form of a debenture. This charge was registered with Companies House on 24 April 2015.

12.	CONSOLIDATED FINANCIAL STATEMENTS

Just Granite Contracts Limited has taken exemption from preparing consolidated financial statements for the years ended 30 November 2025 and 30 November 2024 by qualifying as a small company.