800 Limited Company accounts

COMPANY REGISTRATION NUMBER: 05070981

800 LIMITED

Financial Statements

31 March 2025

800 LIMITED

Financial Statements

Year ended 31st March 2025

Contents	Page

Strategic report	1

Directors' report	3

Independent auditor's report to the members	5

Statement of income and retained earnings	9

Statement of financial position	10

Statement of cash flows	11

Notes to the financial statements	12

800 LIMITED

Strategic Report

Year ended 31st March 2025

The directors present their strategic report on the company for the year ended 31 March 2025. Business Review The company has delivered a successful trading performance over the financial year resulting in increased levels of turnover and profitability. There continues to be a high demand for the company's services resulting in a substantial level of forward orders and based upon the current activity level, it is anticipated that this will continue during the current accounting year. In view of the continuing level of turnover, the directors have made significant investment in both the company's logistical facilities and information technology systems in order to continue to provide a high level of client service. In addition, the directors have made further investment in key personnel that will accommodate the increasing demand for the company's services. The directors continue to develop the company's existing client base and anticipate that this, together with current projects ongoing with existing clients, will continue to sustain a high level of volume of work for the company for future years. Results The company made a pre-tax profit of £1,153,161 (2024: £934,627) for the year from a turnover of £35,277,255 (2024: £23,012,235). At 31 March 2025 the company had net assets of £803,250 (2024: £733,586). Principal risks and uncertainties The principal risks and uncertainties facing the company relate to uncertainties around global economic fundamentals and their potential impact on the construction market. In view of the company's current order book and its position within the market in which it operates, the risks are not envisaged to have a material effect on the company's performance. Performance monitoring The delivery of the company's strategic objectives is monitored by the directors through Key Performance Indicators and the periodic review of various aspects of the company's operations. The directors consider the following Key Performance Indicators as appropriate measures for the delivery of its corporate strategy. Financial Definition Sales Revenue The growth in sales revenue and the strength of the company's market position. Operating Profit The continued growth of operating profits which allow the company to continue to invest in further expansion.

This report was approved by the board of directors on 26th November 2025 and signed on behalf of the board by:

Mrs T. Shayer

Company Secretary

Registered office:

Cranborne Road

Potters Bar

Hertfordshire

EN6 3JN

800 LIMITED

Directors' Report

Year ended 31st March 2025

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

Principal activities

The principal activity of the company during the year was that of specialist building contractors.

Directors

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

Mr J Shayer
Mrs T Shayer

Dividends

Particulars of recommended dividends are detailed in note 13 to the financial statements.

Future developments

The directors are to continue with their investment programme in management personnel and infrastructure in order to maintain the growth of the business.

Financial instruments

The directors consider that the company only has limited exposure to the various aspects of financial risk and it does not enter into currency hedging contracts as there is no requirement for this within its trade. The company's revenue is invoiced in sterling and all its operational costs arise within the United Kingdom.

Disclosure of information in the strategic report

In accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors Report) Regulations 2013 the company`s strategic report is shown separately on page 1 of the financial statements.

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 26 November 2025 and signed on behalf of the board by:

Mrs T. Shayer

Company Secretary

Registered office:

Cranborne Road

Potters Bar

Hertfordshire

EN6 3JN

800 LIMITED

Independent Auditor's Report to the Members of 800 Limited

Year ended 31st March 2025

Opinion

We have audited the financial statements of 800 Limited (the 'company') for the year ended 31st March 2025 which comprise the statement of income and retained earnings, statement of financial position, 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 31st 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 period 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 the applicable legal requirements.

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 any material misstatements in the Strategic Report and the Directors' Report.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where 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 the 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. The extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities are instances of non-compliance with laws and regulations. The objectives of our audit are to obtain sufficient appropriate audit evidence regarding compliance with laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements, to perform audit procedures to help identify instances of non-compliance with other laws and regulations that may have a material effect on the financial statements, and to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audit. In relation to fraud, the objectives of our audit are to identify and assess the risk of material misstatement of the financial statements due to fraud, to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud through designing and implementing appropriate responses and to respond appropriately to fraud or suspected fraud identified during the audit. However, it is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud, the audit engagement team: - obtained an understanding of the nature of the industry and sector, including the legal and regulatory framework that the company operates in and how the company is complying with the legal and regulatory framework; - inquired of management and those charged with governance, about their own identification and assessment of the risks of irregularities, including any known actual, suspected or alleged instances of fraud; - discussed matters about non-compliance with laws and regulations and how fraud might occur including assessment of how and where the financial statements may be susceptible to fraud. As a result of these procedures we consider the most significant laws and regulations that have a direct impact on the financial statements are FRS 102 and the Companies Act 2006. We performed audit procedures to detect non-compliances which may have a material impact on the financial statements which included reviewing financial statement disclosures. The audit engagement team identified the risk of management override of controls and revenue recognition as the areas where the financial statements were most susceptible to material misstatement due to fraud. Audit procedures performed included but were not limited to testing manual journal entries and other adjustments and evaluating the business rationale in relation to significant, unusual transactions and transactions entered into outside the normal course of business and testing a sample of revenue transactions recorded in the year to determine whether revenue had been recorded correctly. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 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.

Stuart Whitehead FCA

(Senior Statutory Auditor)

For and on behalf of

Edwards Veeder LLP

Chartered Accountants & Statutory Auditor

Alex House

260-268 Chapel Street

Salford

M3 5JZ

26 November 2025

800 LIMITED

Statement of Income and Retained Earnings

Year ended 31st March 2025

		2025	2024
Note		£	£
Turnover	4	35,277,255	23,012,235

Cost of sales	31,298,859	19,865,091
	-------------	-------------
Gross profit	3,978,396	3,147,144

Administrative expenses		2,836,641	2,195,387
Other operating income	5	84,319	62,381
		------------	------------
Operating profit	6	1,226,074	1,014,138

Other interest receivable and similar income	10	24,892	1,339
Interest payable and similar expenses	11	97,805	80,850
		------------	------------
Profit before taxation		1,153,161	934,627

Tax on profit	12	313,497	249,433
		------------	---------
Profit for the financial year and total comprehensive income		839,664	685,194
		------------	---------

Dividends paid and payable	13	( 770,000)	( 650,000)

Retained earnings at the start of the year	733,584	698,390
	---------	---------
Retained earnings at the end of the year	803,248	733,584
	---------	---------

All the activities of the company are from continuing operations.

800 LIMITED

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	14	709,891	432,039
Investments	15	82,485	82,485
		---------	---------
		792,376	514,524

Current assets

Work in progress	16	2,450,149	3,136,925
Debtors	17	2,490,965	2,064,251
Cash at bank and in hand		315,301	455
		------------	------------
		5,256,415	5,201,631

Creditors: amounts falling due within one year	19	4,390,381		4,677,211
		------------		------------
Net current assets			866,034	524,420
			------------	------------
Total assets less current liabilities			1,658,410	1,038,944

Creditors: amounts falling due after more than one year	20		711,057	236,330

Provisions

Taxation including deferred tax	22	144,103	69,028
		------------	------------
Net assets		803,250	733,586
		------------	------------

Capital and reserves

Called up share capital	25	2	2
Profit and loss account	26	803,248	733,584
		---------	---------
Shareholders funds		803,250	733,586
		---------	---------

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 26 November 2025 , and are signed on behalf of the board by:

Mr J Shayer	Mrs T Shayer
Director	Director

Company registration number: 05070981

800 LIMITED

Statement of Cash Flows

Year ended 31st March 2025

	2025	2024
Note	£	£

Cash flows from operating activities

Profit for the financial year	839,664	685,194

Adjustments for:
Depreciation of tangible assets	67,909	47,030
Other interest receivable and similar income	( 24,892)	( 1,339)
Interest payable and similar expenses	97,805	80,850
Loss on disposal of tangible assets	5,538	–
Tax on profit	313,497	249,433
Accrued expenses	81,926	106,279

Changes in:
Work in progress	686,776	( 1,219,434)
Trade and other debtors	( 426,714)	673,918
Trade and other creditors	1,176,361	450,715
	------------	------------
Cash generated from operations	2,817,870	1,072,646

Interest paid	( 97,805)	( 80,850)
Interest received	24,892	1,339
Tax paid	( 228,400)	( 324,219)
	------------	------------
Net cash from operating activities	2,516,557	668,916
	------------	------------

Cash flows from investing activities

Purchase of tangible assets	( 369,432)	( 105,677)
Proceeds from sale of tangible assets	18,133	–
	------------	------------
Net cash used in investing activities	( 351,299)	( 105,677)
	------------	------------

Cash flows from financing activities

Proceeds from borrowings	( 400,194)	( 115,055)
Payments of finance lease liabilities	161,525	( 2,870)
Dividends paid	( 770,000)	( 650,000)
	------------	------------
Net cash used in financing activities	( 1,008,669)	( 767,925)
	------------	------------

Net increase/(decrease) in cash and cash equivalents		1,156,589	( 204,686)
Cash and cash equivalents at beginning of year		(841,288)	(636,602)
		---------	---------
Cash and cash equivalents at end of year	18	315,301	( 841,288)
		---------	---------

800 LIMITED

Notes to the Financial Statements

Year ended 31st 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 Cranborne Road, Potters Bar, Hertfordshire, EN6 3JN.

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' and the requirements of Companies Act 2006.

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.

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. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: Useful life of fixed assets: In making decisions regarding the depreciation of noncurrent assets, management must estimate the useful life of said assets to the business. A change in estimate would result in a change in the depreciation charged to the profit and loss each year.

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 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.

Taxation

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.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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 Improvements	-	Straight line over the term of the lease
Plant & Machinery	-	10% reducing balance
Fixtures, Fittings & Equipment	-	10% reducing balance
Motor Vehicles	-	10% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed 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 are largely independent of the cash inflows from other assets or groups of assets.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads and profit based on normal level of activity. Provision is made for any foreseeable losses where appropriate.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position 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 statement of financial position 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.

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 accounts receivable and payable, loans from banks and loans to and from related parties. 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. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Defined contribution plans

The company operates a defined contribution pension scheme for the directors. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Rendering of services	7,660,959	5,135,576
Construction contracts	27,616,296	17,876,659
	-------------	-------------
	35,277,255	23,012,235
	-------------	-------------

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	84,319	62,381
	--------	--------

6. Operating profit

Operating profit or loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	67,909	47,030
Loss on disposal of tangible assets	5,538	–
Impairment of trade debtors	–	127,761
	--------	---------

7. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	34,875	31,750
	--------	--------

8. Staff costs

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

	2025	2024
	No.	No.
Production staff	50	42
Administrative staff	17	15
Management staff	2	2
	----	----
	69	59
	----	----

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

	2025	2024
	£	£
Wages and salaries	5,059,318	4,316,531
Social security costs	515,373	396,730
Other pension costs	83,735	73,963
	------------	------------
	5,658,426	4,787,224
	------------	------------

9. Directors' remuneration

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

	2025	2024
	£	£
Remuneration	115,840	118,116
	---------	---------

10. Other interest receivable and similar income

	2025	2024
	£	£
Interest on cash and cash equivalents	24,892	1,339
	--------	-------

11. Interest payable and similar expenses

	2025	2024
	£	£
Interest on banks loans and overdrafts	84,844	75,047
Interest on obligations under finance leases and hire purchase contracts	12,961	5,803
	--------	--------
	97,805	80,850
	--------	--------

12. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	238,422	228,531
Adjustments in respect of prior periods	–	215
	---------	---------
Total current tax	238,422	228,746
	---------	---------

Deferred tax:

Origination and reversal of timing differences	75,075	20,687
	---------	---------
Tax on profit	313,497	249,433
	---------	---------

Reconciliation of tax expense

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

	2025	2024
	£	£
Profit on ordinary activities before taxation	1,153,161	934,627
	------------	---------
Profit on ordinary activities by rate of tax	288,290	233,657
Adjustment to tax charge in respect of prior periods	–	215
Effect of expenses not deductible for tax purposes	22,071	11,039
Effect of capital allowances and depreciation	( 71,939)	( 16,165)
Deferred taxation	75,075	20,687
	------------	---------
Tax on profit	313,497	249,433
	------------	---------

13. Dividends

Dividends paid during the year (excluding those for which a liability existed at the end of the prior year):

	2025	2024
	£	£
Dividends on equity shares	770,000	650,000
	---------	---------

14. Tangible assets

	Leasehold Property Improvements	Plant & Machinery	Fixtures, Fittings & Equipment	Motor Vehicles	Total
	£	£	£	£	£
Cost
At 1st April 2024	301,262	54,246	234,936	612,498	1,202,942
Additions	–	32,870	4,790	331,772	369,432
Disposals	–	–	( 4,283)	( 127,513)	( 131,796)
	---------	--------	---------	---------	------------
At 31st March 2025	301,262	87,116	235,443	816,757	1,440,578
	---------	--------	---------	---------	------------
Depreciation
At 1st April 2024	192,739	47,385	178,363	352,416	770,903
Charge for the year	18,087	2,800	5,685	41,337	67,909
Disposals	–	–	–	( 108,125)	( 108,125)
	---------	--------	---------	---------	------------
At 31st March 2025	210,826	50,185	184,048	285,628	730,687
	---------	--------	---------	---------	------------
Carrying amount
At 31st March 2025	90,436	36,931	51,395	531,129	709,891
	---------	--------	---------	---------	------------
At 31st March 2024	108,523	6,861	56,573	260,082	432,039
	---------	--------	---------	---------	------------

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:

	Motor Vehicles
	£
At 31st March 2025	354,620
	---------
At 31st March 2024	140,532
	---------

15. Investments

	Other investments other than loans
	£
Cost
At 1st April 2024 and 31st March 2025	82,485
	--------
Impairment
At 1st April 2024 and 31st March 2025	–
	--------

Carrying amount
At 31st March 2025	82,485
	--------
At 31st March 2024	82,485
	--------

16. Work in progress

	2025	2024
	£	£
Work in progress	2,450,149	3,136,925
	------------	------------

17. Debtors

	2025	2024
	£	£
Trade debtors	2,337,262	1,961,724
Prepayments and accrued income	153,703	102,527
	------------	------------
	2,490,965	2,064,251
	------------	------------

18. Cash and cash equivalents

Cash and cash equivalents comprise the following:

	2025	2024
	£	£
Cash at bank and in hand	315,301	455
Bank overdrafts	–	( 841,743)
	---------	---------
	315,301	( 841,288)
	---------	---------

19. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	150,000	991,743
Trade creditors	2,254,995	2,347,569
Accruals and deferred income	319,081	237,155
Corporation tax	238,553	228,531
Social security and other taxes	1,090,726	569,456
Obligations under finance leases and hire purchase contracts	99,401	42,603
Director loan accounts	9,960	260,154
Other creditors	227,665	–
	------------	------------
	4,390,381	4,677,211
	------------	------------

National Westminster Bank Plc has a fixed and floating mortgage debenture charged on the present and future assets of the company other than any fixed assets subject to hire purchase finance, dated 13th March 2006.

Hire Purchase creditors are secured on the assets for which the hire purchase finance was provided.

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

	2025	2024
	£	£
Bank loans and overdrafts	25,000	175,000
Obligations under finance leases and hire purchase contracts	166,057	61,330
Other creditors	520,000	–
	---------	---------
	711,057	236,330
	---------	---------

National Westminster Bank Plc has a fixed and floating mortgage debenture charged on the present and future assets of the company other than any fixed assets subject to hire purchase finance, dated 13th March 2006.

Hire Purchase creditors are secured on the assets for which the hire purchase finance was provided.

21. 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	117,396	48,092
Later than 1 year and not later than 5 years	181,458	66,540
	---------	---------
	298,854	114,632
Less: future finance charges	( 33,396)	( 10,699)
	---------	---------
Present value of minimum lease payments	265,458	103,933
	---------	---------

22. Provisions

	Deferred tax (note 23)
	£
At 1st April 2024	69,028
Additions	75,075
	---------
At 31st March 2025	144,103
	---------

23. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 22)	144,103	69,028
	---------	--------

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

	2025	2024
	£	£
Accelerated capital allowances	144,103	69,028
	---------	--------

24. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 83,735 (2024: £ 73,963 ).

25. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----

26. Reserves

Profit and loss reserves The profit and loss account includes all realised current and prior period retained profits and losses after dividends.

27. Operating leases

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

	2025	2024
	£	£
Not later than 1 year	131,932	139,000
Later than 1 year and not later than 5 years	306,827	556,000
Later than 5 years	–	139,000
	---------	---------
	438,759	834,000
	---------	---------

28. Related party transactions

	2025	2024
	£	£
Directors loan accounts	9,960	260,154
	-------	---------

No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.

29. Controlling party

The company was under control of Mr J Shayer as a result of his shareholding in 800 Limited.