Chas. Long & Son (Aggregates) Limited Company accounts

COMPANY REGISTRATION NUMBER: 04693623

Chas. Long & Son (Aggregates) Limited

Financial Statements

31 March 2025

Chas. Long & Son (Aggregates) Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Officers and professional advisers	1

Strategic report	2

Directors' report	4

Independent auditor's report to the members	6

Profit and loss account	10

Balance sheet	11

Statement of cash flows	12

Notes to the financial statements	13

Chas. Long & Son (Aggregates) Limited

Officers and Professional Advisers

The board of directors	C B Long
	C D Long
	M A Long

Registered office	Woodside
	North Road
	Brompton on Swale
	Richmond
	DL10 7JL

Auditor	Chipchase Manners
	Chartered accountants & statutory auditors
	384 Linthorpe Road
	Middlesbrough
	TS5 6HA

Bankers	HSBC Bank Plc
	23 Market Place
	Richmond
	North Yorkshire
	DL10 4QQ

Chas. Long & Son (Aggregates) Limited

Strategic Report

Year ended 31 March 2025

Principal activity

The principal activity of the company is that of haulage and sale of aggregate products.

Key performance indicators

Given the straightforward nature of the business, the directors have selected three basic key performance indicators to assist in the understanding of the development, performance and position of the company.

	2025	2024	Movement	% Change
	£	£	£
Turnover	31,080,529	28,873,930	2,206,599	8
Operating profit	2,851,360	1,875,985	975,375	52
Net profit	2,320,287	1,608,862	711,425	44

Principal risks and uncertainties

The company conducts the sale and haulage of various types of aggregate products from its two main sites near Brompton on Swale. The key business risks and uncertainties affecting the company are considered to relate to the competition in the industry, both locally and nationally. The company's directors are working to maintain the company's excellent reputation and are working to build on existing customer relationships whilst also developing new ones. The company has continued to grow in recent years despite the competition in the industry. The directors expect the growth to slow, but continue for the foreseeable future. This growth and financial success in recent years has allowed for the clients fleet of vehicles to increase in size which has allowed the company to manage higher demand for its products.

Interest risk

The company finances its activities, along with other financial assets and liabilities such as trade debtors and creditors, directly from the company's operating activities. The company does not enter into interest rate swaps and does not trade in financial instruments. The company does not seek to hedge any transactions and no trading in derivative financial instruments is undertaken. The overall level of interest risk is low.

Currency risk

The company's reporting currency is GBP and it does not have any transactions in foreign currencies therefore the level of currency risk is low.

Liquidity risk

The risk of financial loss due to counterpart failure to honour its obligations is principally in relation to transactions where the company provides goods and services. Company policies are aimed at minimising such losses, and require that terms are only granted to customers who demonstrate an appropriate payment history and satisfy creditworthiness procedures. Individual exposures are monitored to ensure that the company's exposure to bad debts is not significant. The company seeks to mitigate liquidity risk by managing cash generation in its operations and applying cash collection targets.

Going concern

The company's business activities together with the factors likely to affect its future development, its financial position, financial risk management objectives and its exposures to price, credit, liquidity and cash flow risk are described in the business review above. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly they continue to adopt the going concern basis in preparing the annual report and accounts.

Future developments

There are no changes planned to the operations of the company. The directors intend to push growth as they have done in the recent past.

Results and dividends

The Profit/(loss) for the period, after taxation, amounted to £2,320,287 (2024: £1,608,862).

This report was approved by the board of directors on 24 November 2025 and signed on behalf of the board by:

M A Long

Director

Registered office:

Woodside

North Road

Brompton on Swale

Richmond

DL10 7JL

Chas. Long & Son (Aggregates) Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

C B Long
C D Long
M A Long

Dividends

Particulars of recommended dividends are detailed in note 14 to the financial statements.

Future developments

Please see strategic report disclosures.

Financial instruments

No non-basic financial instruments have been used in the year.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 24 November 2025 and signed on behalf of the board by:

M A Long

Director

Registered office:

Woodside

North Road

Brompton on Swale

Richmond

DL10 7JL

Chas. Long & Son (Aggregates) Limited

Independent Auditor's Report to the Members of Chas. Long & Son (Aggregates) Limited

Year ended 31 March 2025

Opinion

We have audited the financial statements of Chas. Long & Son (Aggregates) Limited (the 'company') for the year ended 31 March 2025 which comprise the profit and loss account, balance sheet, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: The objectives of our audit are to identify and assess the risk of material misstatement of the financial statements due to fraud or error. It is also our objective to obtain sufficient appropriate audit evidence regarding the risks we have assessed and respond as appropriate to them. Even though an audit is planned and performed in accordance with the ISAs (UK), an audit has an unavoidable risk that material misstatements in the financial statements may not be detected. In identifying and assessing the risk of material misstatement in respect of irregularities, including fraud, our audit procedures included the following: - We obtained an understanding of the legal and regulatory frameworks applicable to the company and the environment in which they operate. - We obtained an understanding of how the company ensures their compliance with the applicable legal and regulatory frameworks through inquiries to the management and those charged with ensuring such compliance within the company. We corroborated our inquiries through a review of transactions within the financial statements that were linked to compliance with laws and regulations. We also reviewed any available board minutes. - We assessed the susceptibility of the company's financial statements to material misstatement with regards to how fraud might occur. Audit procedures performed by the team included: - Identifying and assessing the effectiveness of controls the management of the company has in place to detect and prevent possible fraud; - Understanding how those involved with ensuring compliance considered and addressed the potential override of controls or undue influence over the financial reports; - Challenging any major assumptions and judgements that the management used in any significant accounting estimates; - Reviewing journal entries made with emphasis placed on those with unusual combinations and those around the accounting year end: and - Assessing the extent of compliance with applicable laws and regulations. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use of our report

This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Martin Firth BA(Hons) FCA

(Senior Statutory Auditor)

For and on behalf of

Chipchase Manners

Chartered accountants & statutory auditors

384 Linthorpe Road

Middlesbrough

TS5 6HA

24 November 2025

Chas. Long & Son (Aggregates) Limited

Profit and Loss Account

Year ended 31 March 2025

		2025	2024
Note		£	£
Turnover	4	31,080,529	28,873,930

Cost of sales	26,399,814	25,106,402
	-------------	-------------
Gross profit	4,680,715	3,767,528

Administrative expenses		1,899,079	1,916,418
Other operating income	5	69,724	24,875
		------------	------------
Operating profit	6	2,851,360	1,875,985

Income from investments	10	56,450	47,039
Other interest receivable and similar income	11	193,445	94,249
Interest payable and similar expenses	12	117,808	53,992
		------------	------------
Profit before taxation		2,983,447	1,963,281

Tax on profit	13	663,160	354,419
		------------	------------
Profit for the financial year and total comprehensive income		2,320,287	1,608,862
		------------	------------

Dividends paid and payable	14	( 91,000)	( 67,500)

Retained earnings at the start of the year	9,031,414	7,490,052
	-------------	------------
Retained earnings at the end of the year	11,260,701	9,031,414
	-------------	------------

All the activities of the company are from continuing operations.

Chas. Long & Son (Aggregates) Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	16	6,846,145	5,957,154
Investments	17	630,673	574,223
		------------	------------
		7,476,818	6,531,377

Current assets

Stocks	18	1,224,736	957,154
Debtors	19	5,027,054	4,897,643
Cash at bank and in hand		4,303,581	3,104,251
		-------------	------------
		10,555,371	8,959,048

Creditors: amounts falling due within one year	20	4,704,125		4,564,197
		-------------		------------
Net current assets			5,851,246	4,394,851
			-------------	-------------
Total assets less current liabilities			13,328,064	10,926,228

Creditors: amounts falling due after more than one year	21		1,014,926	1,096,818

Provisions

Taxation including deferred tax	23	1,052,137	797,696
		-------------	-------------
Net assets		11,261,001	9,031,714
		-------------	-------------

Capital and reserves

Called up share capital	27	300	300
Profit and loss account	28	11,260,701	9,031,414
		-------------	------------
Shareholders funds		11,261,001	9,031,714
		-------------	------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the medium companies regime.

These financial statements were approved by the board of directors and authorised for issue on 24 November 2025 , and are signed on behalf of the board by:

M A Long

Director

Company registration number: 04693623

Chas. Long & Son (Aggregates) Limited

Statement of Cash Flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	2,320,287	1,608,862

Adjustments for:
Depreciation of tangible assets	1,216,504	978,451
Income from investments	( 56,450)	( 47,039)
Other interest receivable and similar income	( 193,445)	( 94,249)
Interest payable and similar expenses	117,808	53,992
Loss/(gains) on disposal of tangible assets	7,707	( 67,107)
Tax on profit	663,160	354,419
Accrued expenses/(income)	1,792	( 143)

Changes in:
Stocks	( 267,582)	38,896
Trade and other debtors	( 129,411)	( 172,185)
Trade and other creditors	( 424,547)	( 218,565)
	------------	------------
Cash generated from operations	3,255,823	2,435,332

Interest paid	( 117,808)	( 53,992)
Interest received	193,445	94,249
Tax paid	( 345,717)	–
	------------	------------
Net cash from operating activities	2,985,743	2,475,589
	------------	------------

Cash flows from investing activities

Purchase of tangible assets	( 2,578,842)	( 1,229,002)
Proceeds from sale of tangible assets	465,640	155,601
	------------	------------
Net cash used in investing activities	( 2,113,202)	( 1,073,401)
	------------	------------

Cash flows from financing activities

Proceeds from borrowings	( 225,480)	355,635
Payments of finance lease liabilities	643,269	95,074
Dividends paid	( 91,000)	( 67,500)
	------------	------------
Net cash from financing activities	326,789	383,209
	------------	------------

Net increase in cash and cash equivalents	1,199,330	1,785,397
Cash and cash equivalents at beginning of year	3,104,251	1,318,854
	------------	------------
Cash and cash equivalents at end of year	4,303,581	3,104,251
	------------	------------

Chas. Long & Son (Aggregates) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Woodside, North Road, Brompton on Swale, Richmond, DL10 7JL.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The entity has taken advantage of the exemption from preparing consolidated financial statements contained in Section 402 of the Companies Act 2006 on the basis that its subsidiaries are excluded from consolidation on the grounds that their inclusion is not material for the purpose of giving a true and fair view.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed five years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Property	-	2% straight line
Plant and machinery	-	10% straight line
Office furniture and equipment	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Investments

Investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Sale of goods	28,028,593	26,618,229
Rendering of services	3,051,936	2,255,701
	-------------	-------------
	31,080,529	28,873,930
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Other operating income

	2025	2024
	£	£
Rental income	58,546	7,576
Other operating income	11,178	17,299
	--------	--------
	69,724	24,875
	--------	--------

6. Operating profit

Operating profit or loss is stated after charging/crediting:

	2025	2024
	£	£
Depreciation of tangible assets	1,216,504	978,451
Loss/(gains) on disposal of tangible assets	7,707	( 67,107)
Impairment of trade debtors	–	(6,899)
	------------	---------

7. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	7,500	7,000
	-------	-------

8. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Directors	3	3
Bagging plant and haulage staff	74	78
	----	----
	77	81
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	3,780,938	3,837,997
Other pension costs	381,183	511,854
	------------	------------
	4,162,121	4,349,851
	------------	------------

9. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	31,284	33,000
Company contributions to defined contribution pension plans	180,000	420,000
	---------	---------
	211,284	453,000
	---------	---------

10. Income from investments

	2025	2024
	£	£
Gain/(loss) on valuation of bond	56,450	47,039
	--------	--------

11. Other interest receivable and similar income

	2025	2024
	£	£
Other interest receivable and similar income	193,445	94,249
	---------	--------

12. Interest payable and similar expenses

	2025	2024
	£	£
Interest on banks loans and overdrafts	54,373	17,388
Other interest payable and similar charges	63,435	36,604
	---------	--------
	117,808	53,992
	---------	--------

13. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	408,719	345,717

Deferred tax:

Origination and reversal of timing differences	254,441	8,702
	---------	---------
Tax on profit	663,160	354,419
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is lower than (2024: lower than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	2,983,447	1,963,281
	------------	------------
Profit on ordinary activities by rate of tax	745,862	490,820
Effect of expenses not deductible for tax purposes	( 12,050)	( 26,558)
Effect of capital allowances and depreciation	( 325,093)	( 32,851)
Utilisation of tax losses	–	( 85,694)
Deferred tax movement	254,441	8,702
	------------	------------
Tax on profit	663,160	354,419
	------------	------------

14. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	91,000	67,500
	--------	--------

15. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	500,000
	---------
Amortisation
At 1 April 2024 and 31 March 2025	500,000
	---------
Carrying amount
At 31 March 2025	–
	---------
At 31 March 2024	–
	---------

16. Tangible assets

	Leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2024	1,464,413	3,903,357	69,471	6,581,703	12,018,944
Additions	–	967,417	30,371	1,581,054	2,578,842
Disposals	–	( 667,983)	–	( 982,872)	( 1,650,855)
	------------	------------	--------	------------	-------------
At 31 March 2025	1,464,413	4,202,791	99,842	7,179,885	12,946,931
	------------	------------	--------	------------	-------------
Depreciation
At 1 April 2024	168,481	1,801,835	46,830	4,044,644	6,061,790
Charge for the year	29,288	324,270	10,594	852,352	1,216,504
Disposals	–	( 275,118)	–	( 902,390)	( 1,177,508)
	------------	------------	--------	------------	-------------
At 31 March 2025	197,769	1,850,987	57,424	3,994,606	6,100,786
	------------	------------	--------	------------	-------------
Carrying amount
At 31 March 2025	1,266,644	2,351,804	42,418	3,185,279	6,846,145
	------------	------------	--------	------------	-------------
At 31 March 2024	1,295,932	2,101,522	22,641	2,537,059	5,957,154
	------------	------------	--------	------------	-------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery	Motor vehicles	Total
	£	£	£
At 31 March 2025	345,266	1,533,363	1,878,629
	---------	------------	------------
At 31 March 2024	291,640	1,276,327	1,567,967
	---------	------------	------------

17. Investments

	Other investments other than loans
	£
Cost
At 1 April 2024	574,223
Revaluations	56,450
	---------
At 31 March 2025	630,673
	---------
Impairment
At 1 April 2024 and 31 March 2025	–
	---------

Carrying amount
At 31 March 2025	630,673
	---------
At 31 March 2024	574,223
	---------

Listed investments

Other investments consist of an NFU Mutual Flexibond and shares in Cleveland Readymix Limited, which is a dormant company.

The increase in the fair value of the bond in the year has been recognised in the profit and loss account.

18. Stocks

	2025	2024
	£	£
Finished goods and goods for resale	1,224,736	957,154
	------------	---------

19. Debtors

	2025	2024
	£	£
Trade debtors	4,807,854	4,564,139
Directors loan account	–	249,464
Other debtors	219,200	84,040
	------------	------------
	5,027,054	4,897,643
	------------	------------

20. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	289,274	226,257
Trade creditors	2,790,072	3,310,885
Accruals and deferred income	26,424	24,632
Corporation tax	408,719	345,717
Social security and other taxes	339,890	248,199
Obligations under finance leases and hire purchase contracts	819,768	383,881
Director loan accounts	777	–
Other creditors	29,201	24,626
	------------	------------
	4,704,125	4,564,197
	------------	------------

21. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	381,985	671,259
Obligations under finance leases and hire purchase contracts	632,941	425,559
	------------	------------
	1,014,926	1,096,818
	------------	------------

22. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	819,768	383,881
Later than 1 year and not later than 5 years	632,941	425,559
	------------	---------
	1,452,709	809,440
	------------	---------

23. Provisions

	Deferred tax (note 24)
	£
At 1 April 2024	797,696
Additions	254,441
	------------
At 31 March 2025	1,052,137
	------------

24. Deferred tax

The deferred tax included in the balance sheet is as follows:

	2025	2024
	£	£
Included in provisions (note 23)	1,052,137	797,696
	------------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	1,052,137	797,696
	------------	---------

25. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 381,183 (2024: £ 511,854 ).

26. Financial instruments

The company has not used any non-basic financial instruments in the current period.

27. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	300	300	300	300
	----	----	----	----

28. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

29. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	3,104,251	1,199,330	4,303,581
Debt due within one year	(610,138)	(499,681)	(1,109,819)
Debt due after one year	(1,096,818)	81,892	(1,014,926)
	------------	------------	------------
	1,397,295	781,541	2,178,836
	------------	------------	------------

30. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	40,000	40,000
Later than 1 year and not later than 5 years	160,000	160,000
Later than 5 years	340,000	380,000
	---------	---------
	540,000	580,000
	---------	---------

Chas. Long & Son (Aggregates) Limited

Notes to the Financial Statements (continued)

Year ended 31 March 2025

31. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
C B Long	( 15)	40,405	( 40,500)	( 110)
C D Long	249,808	39,508	( 289,500)	( 184)
M A Long	( 328)	43,845	( 44,000)	( 483)
	---------	---------	---------	----
	249,465	123,758	( 374,000)	( 777)
	---------	---------	---------	----

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
C B Long	–	20,484	( 20,500)	(16)
C D Long	( 3,003)	273,811	( 21,000)	249,808
M A Long	( 96)	58,768	( 59,000)	( 328)
	-------	---------	---------	---------
	( 3,099)	353,063	( 100,500)	249,464
	-------	---------	---------	---------

32. Related party transactions

At the year end, £219,200 (2024: £84,040) was due from related parties. Of this, £87,000 was due from Gatherly Developments Limited and £132,200 from Scotch Corner Commercials Limited, both of which are companies jointly owned by Mr M A Long (Director) and Mr C D Long (Director).

33. Controlling party

There is no overall controlling party.