REGISTERED NUMBER: 04677191 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

A1 Concrete Products (Cymru) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G James

E L T James

SECRETARY:

S G James

REGISTERED OFFICE:

Lluest

Bronwydd

Carmarthen

Carmarthenshire

SA33 6JA

REGISTERED NUMBER:

04677191 (England and Wales)

ACCOUNTANTS:

Ashmole & Co.

Chartered Certified Accountants

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

FIXED ASSETS

Tangible assets

4

360,318

383,041

CURRENT ASSETS

Stocks

123,700

167,000

Debtors

5

131,836

140,972

Cash at bank

30,359

23,241

285,895

331,213

CREDITORS

Amounts falling due within one year

6

93,540

136,399

NET CURRENT ASSETS

192,355

194,814

TOTAL ASSETS LESS CURRENT LIABILITIES

552,673

577,855

CREDITORS

Amounts falling due after more than one year

7

(18,477

)

(69,191

)

PROVISIONS FOR LIABILITIES

(68,125

)

(64,166

)

NET ASSETS

466,071

444,498

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

466,069

444,496

466,071

444,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by:

S G James - Director

1.	STATUTORY INFORMATION

A1 Concrete Products (Cymru) 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

782,465

Additions

50,522

At 28 February 2025

832,987

DEPRECIATION

At 1 March 2024

399,424

Charge for year

73,245

At 28 February 2025

472,669

NET BOOK VALUE

At 28 February 2025

360,318

At 29 February 2024

383,041

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

Plant and

machinery

etc

£

COST

At 1 March 2024

and 28 February 2025

190,614

DEPRECIATION

At 1 March 2024

51,277

Charge for year

27,867

At 28 February 2025

79,144

NET BOOK VALUE

At 28 February 2025

111,470

At 29 February 2024

139,337

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

130,936

139,122

Other debtors

900

1,850

131,836

140,972

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Hire purchase contracts

40,714

40,714

Trade creditors

6,330

37,908

Taxation and social security

30,363

38,723

Other creditors

16,133

19,054

93,540

136,399

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Hire purchase contracts

15,178

55,892

Other creditors

3,299

13,299

18,477

69,191

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25

29.2.24

£

£

E L T James and S G James

Balance outstanding at start of year

(2,783

)

(2,147

)

Amounts advanced

96

384

Amounts repaid

(884

)

(1,020

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,571

)

(2,783

)