McCullochs (CI) Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 04394188

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	832,753		4,769,959
Debtors	5	10,698,544		6,715,526
Cash at bank and in hand		1,371,373		200,622

		12,902,670		11,686,107
Creditors: Amounts Falling Due Within One Year	6	(862,639 )		(517,040 )

NET CURRENT ASSETS (LIABILITIES)			12,040,031		11,169,067

TOTAL ASSETS LESS CURRENT LIABILITIES			12,040,031		11,169,067

NET ASSETS			12,040,031		11,169,067

CAPITAL AND RESERVES
Called up share capital	7		625		625
Capital redemption reserve			(6,733,125 )		(6,733,125 )
Profit and Loss Account			18,772,531		17,901,567

SHAREHOLDERS' FUNDS			12,040,031		11,169,067

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ivan Kingsley Smith

Director

3rd October 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

McCullochs (CI) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04394188 . The registered office is Ranscombe Farmhouse, Cuxton, Rochester, Kent, ME2 1LA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.Sales of land and property are recognised once contractually completed.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

2.5. Debtors

Short term debtors are measured at transaction price less any impairment.

2.6. Cash and cash equivalents

Cash is represented by cash in hand and deposits held with financial institutions.

2.7. Creditors

Short term creditors are measured at the transaction price.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Stocks

	2025	2024
	£	£
Work in progress	832,753	4,769,959

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,843	3,601
Other debtors	10,696,701	6,711,925

	10,698,544	6,715,526

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McCullochs (CI) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	577,291	12,680
Other creditors	285,348	504,360

	862,639	517,040

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	625	625

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