E.Wiltshire & Son (Torquay) Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 7

E.Wiltshire & Son (Torquay) Limited

Balance Sheet

30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	138,605	168,949
Current assets
Stocks		127,733	239,765
Debtors	5	1,144,369	1,448,624
Cash at bank and in hand		627,733	1,772,243
		1,899,835	3,460,632
Creditors: Amounts falling due within one year	6	(459,262)	(536,148)
Net current assets		1,440,573	2,924,484
Total assets less current liabilities		1,579,178	3,093,433
Provisions for liabilities		(16,781)	(23,632)
Net assets		1,562,397	3,069,801
Capital and reserves
Called up share capital	7	5,877	5,877
Capital redemption reserve		875	875
Profit and loss account		1,555,645	3,063,049
Shareholders' funds		1,562,397	3,069,801

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 21 September 2026 and signed on its behalf by:
 

......................................... Mr J Wiltshire Director

Company Registration Number: 00612157

E.Wiltshire & Son (Torquay) Limited

Notes to the Financial Statements

Year Ended 30 September 2025

1	General information

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

The address of its registered office is:
Walls Hill Quarry
Babbacombe Road
Torquay
Devon
TQ1 3TA

These financial statements were authorised for issue by the Board on 21 September 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Following the year end, the directors announced plans for an orderly closure of certain operations and began exploring options for the future of the business, including discussions with potential purchasers and operators of parts of the business. As a result, the directors undertook a detailed assessment of the company's ability to continue as a going concern.

Subsequent to those announcements, the proposed arrangements did not proceed and the directors determined that the company would continue to operate its core ready-mixed concrete, screed and aggregates activities, albeit at a reduced scale following the cessation of certain product lines and activities.

Having considered current trading performance, cash flow forecasts and available working capital facilities, the directors have concluded that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements.

Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

E.Wiltshire & Son (Torquay) Limited

Notes to the Financial Statements

Year Ended 30 September 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when goods are despatched.

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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

All fixed assets are initially recorded at cost, except for freehold properties acquired before 2016. Valuations before 2016 have been retained as deemed cost and have not been updated.

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
Land and buildings	2% straight line on buildings
Furniture, fittings and equipment	25% reducing balance
Motor vehicles	25% reducing balance
Other property, plant and equipment	25% reducing balance

No depreciation is provided on most of the freehold land and buildings. It is the company's policy to maintain these buildings in such condition that the value is not impaired by the passage of time. As a consequence any element of depreciation would, in the opinion of the directors, be immaterial and no provision has been made.

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.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

E.Wiltshire & Son (Torquay) Limited

Notes to the Financial Statements

Year Ended 30 September 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

3	Staff numbers

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

E.Wiltshire & Son (Torquay) Limited

Notes to the Financial Statements

Year Ended 30 September 2025

5

Debtors

		2025 £	2024 £
Trade debtors		195,654	197,825
Amounts owed by group undertakings		900,000	1,210,596
Prepayments		46,609	35,339
Other debtors		2,106	4,864
		1,144,369	1,448,624

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	137,738	202,062
Taxation and social security	155,567	188,699
Accruals and deferred income	25,754	25,754
Other creditors	140,203	119,633
	459,262	536,148

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	5,877	5,877	5,877	5,877

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £43,294 (2024 - £Nil).

9	Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report was Benjamin Slater BA(Hons) ACA, who signed for and on behalf of PKF Francis Clark on 23 September 2026.

E.Wiltshire & Son (Torquay) Limited

Notes to the Financial Statements

Year Ended 30 September 2025

10	Parent and ultimate parent undertaking

The company's immediate and ultimate parent is Cammann Holdings Limited, incorporated in England and Wales.

The registered office of Cammann Holdings Limited is Walls Hill Quarry, Babbacombe Road, Torquay, Devon, United Kingdom, TQ1 3TA.