REGISTERED NUMBER: 14769496 (England and Wales)

PAYNE CONCRETE & AGGREGATES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Payne

REGISTERED OFFICE:

Payne Concrete & Aggregates

Wroot Road

Finningley

Doncaster

DN9 3DU

REGISTERED NUMBER:

14769496 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Tangible assets

4

453,443

60,274

CURRENT ASSETS

Stocks

-

13,205

Debtors

5

243,827

23,869

Cash at bank

18,901

14,728

262,728

51,802

CREDITORS

Amounts falling due within one year

6

761,569

161,326

NET CURRENT LIABILITIES

(498,841

)

(109,524

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(45,398

)

(49,250

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(45,498

)

(49,350

)

SHAREHOLDERS' FUNDS

(45,398

)

(49,250

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2026 and were signed by:

J Payne - Director

1.	STATUTORY INFORMATION

Payne Concrete & Aggregates 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.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% 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 Income Statement, 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.

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 5 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

-

80,365

80,365

Additions

544,318

-

544,318

At 31 March 2026

544,318

80,365

624,683

DEPRECIATION

At 1 April 2025

-

20,091

20,091

Charge for year

136,080

15,069

151,149

At 31 March 2026

136,080

35,160

171,240

NET BOOK VALUE

At 31 March 2026

408,238

45,205

453,443

At 31 March 2025

-

60,274

60,274

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

74,868

-

Amounts owed by group undertakings

40,000

-

VAT

116,945

23,869

Prepayments

12,014

-

243,827

23,869

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

546,754

96,438

Trade creditors

69,910

11,557

Credit Cards

23,948

-

Payne Group Ltd - inter co

51,000

30,000

Novuna invoice finance

22,687

-

Wages control

2,875

-

PAYE control

1,921

-

Pension control

437

-

Directors' current accounts

39,079

23,331

Accrued expenses

2,958

-

761,569

161,326

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Payne.