REGISTERED NUMBER: 00935443 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FERGAL CONTRACTING CO. LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Sullivan

Mr P A Sparrowhawk

REGISTERED OFFICE:

The Downs Road

Standlake

Witney

Oxfordshire

OX29 7YP

REGISTERED NUMBER:

00935443 (England and Wales)

AUDITORS:

Bronsens Accountants Limited

Chartered Certified Accountants

Statutory Auditors

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

FIXED ASSETS

Tangible assets

4

90,056

113,664

Investments

5

2,583

1,429

92,639

115,093

CURRENT ASSETS

Debtors

6

596,380

973,828

Cash at bank and in hand

838,270

105,693

1,434,650

1,079,521

CREDITORS

Amounts falling due within one year

7

912,390

874,254

NET CURRENT ASSETS

522,260

205,267

TOTAL ASSETS LESS CURRENT LIABILITIES

614,899

320,360

PROVISIONS FOR LIABILITIES

9

22,514

27,302

NET ASSETS

592,385

293,058

CAPITAL AND RESERVES

Called up share capital

10

2,813

2,813

Capital redemption reserve

7,814

7,814

Retained earnings

581,758

282,431

SHAREHOLDERS' FUNDS

592,385

293,058

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2026 and were signed on its behalf by:

Mr D Sullivan - Director

Mr P A Sparrowhawk - Director

1.	STATUTORY INFORMATION

Fergal Contracting Co. 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.

The principal activity of the Company throughout the period was that of Civil Engineering Contractors. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

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 as modified by the revaluation of certain assets.

Turnover

Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.

In the case of long term contracts, turnover reflects the contract activity during the year and represents the proportion of total contract value which costs incurred to date bear to total expected contract costs.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

3-5 years

Motor vehicles

-

4 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Investments

Other investments are measured at fair value.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Amounts recoverable on contracts

Amounts recoverable on contracts represent the recoverable time and costs of incomplete work at the year end, including any profit element, excluding any matters where the right to consideration is contingent and the contingency has not been fulfilled at the balance sheet date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities, but for the purpose of the Statement of Cash Flows bank overdrafts are considered part of cash equivalents as they are payable on demand and form an integral part of the company’s cash management.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

455,489

47,430

502,919

Additions

21,135

-

21,135

Disposals

(9,950

)

-

(9,950

)

At 31 December 2025

466,674

47,430

514,104

DEPRECIATION

At 1 January 2025

343,330

45,925

389,255

Charge for year

43,868

875

44,743

Eliminated on disposal

(9,950

)

-

(9,950

)

At 31 December 2025

377,248

46,800

424,048

NET BOOK VALUE

At 31 December 2025

89,426

630

90,056

At 31 December 2024

112,159

1,505

113,664

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

62,250

Transfer to ownership

(62,250

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

30,719

Transfer to ownership

(30,719

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

31,531

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

1,429

Revaluations

1,154

At 31 December 2025

2,583

NET BOOK VALUE

At 31 December 2025

2,583

At 31 December 2024

1,429

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2016

920

Valuation in 2017

92

Valuation in 2018

(372

)

Valuation in 2019

280

Valuation in 2020

(685

)

Valuation in 2021

276

Valuation in 2022

(78

)

Valuation in 2023

55

Valuation in 2024

219

Valuation in 2025

1,154

Cost

722

2,583

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

375,744

834,343

Amounts recoverable on contracts

153,737

73,516

Prepayments

66,899

65,969

596,380

973,828

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 8)

-

3,417

Trade creditors

191,691

389,725

Amounts owed to group undertakings

42,348

31,738

Tax

166,728

18,134

Social security and other taxes

31,764

64,568

VAT

175,826

98,616

Accrued expenses and deferred income

304,033

268,056

912,390

874,254

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

-

3,417

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

79,693

71,917

Between one and five years

26,842

94,202

106,535

166,119

9.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Accelerated capital allowances

22,514

27,302

Deferred

tax

£

Balance at 1 January 2025

27,302

Credit to Income Statement during year

(4,788

)

Balance at 31 December 2025

22,514

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

2,500

Ordinary A

£1

2,500

2,500

313

Ordinary C

£1

313

313

2,813

2,813

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

The Report of the Auditors was unqualified.

Mr Mark Nicholas Winks FCCA (Senior Statutory Auditor)

for and on behalf of Bronsens Accountants Limited

12.	PENSION COMMITMENTS

The company operates a defined contribution scheme for its employees and directors, during the year contributions of £24,525 (2024 - £23,162) were made to the scheme.

At 31 December 2025 the sum of £nil (2024 - £nil) is included in other creditors in respect of these transactions.

13.	RELATED PARTY DISCLOSURES

Details of remuneration to key management personnel are detailed in note 3 of the accounts.

14.	ULTIMATE CONTROLLING PARTY

Fergal Holdings Limited, a company registered in England, is the ultimate parent company.

The shareholders of Fergal Holdings Limited are the company's ultimate controlling party by virtue of their shareholding in the parent company.