IRIS Accounts Production v18.3.0.592 01612073 Board of Directors Board of Directors 1.4.17 31.3.18 31.3.18 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure016120732017-03-31016120732018-03-31016120732017-04-012018-03-31016120732016-03-31016120732016-04-012017-03-31016120732017-03-3101612073ns15:EnglandWales2017-04-012018-03-3101612073ns14:PoundSterling2017-04-012018-03-3101612073ns10:Director12017-04-012018-03-3101612073ns10:Director22017-04-012018-03-3101612073ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3101612073ns10:SmallEntities2017-04-012018-03-3101612073ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-3101612073ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3101612073ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3101612073ns10:FullAccounts2017-04-012018-03-3101612073ns10:OrdinaryShareClass12017-04-012018-03-3101612073ns10:Director32017-04-012018-03-3101612073ns10:Director42017-04-012018-03-3101612073ns10:CompanySecretary12017-04-012018-03-3101612073ns10:RegisteredOffice2017-04-012018-03-3101612073ns5:CurrentFinancialInstruments2018-03-3101612073ns5:CurrentFinancialInstruments2017-03-3101612073ns5:Non-currentFinancialInstruments2018-03-3101612073ns5:Non-currentFinancialInstruments2017-03-3101612073ns5:ShareCapital2018-03-3101612073ns5:ShareCapital2017-03-3101612073ns5:RetainedEarningsAccumulatedLosses2018-03-3101612073ns5:RetainedEarningsAccumulatedLosses2017-03-3101612073ns5:LongLeaseholdAssetsns5:LandBuildings2017-04-012018-03-3101612073ns5:LeaseholdImprovements2017-04-012018-03-3101612073ns5:PlantMachinery2017-04-012018-03-3101612073ns5:MotorVehicles2017-04-012018-03-3101612073ns5:ComputerEquipment2017-04-012018-03-3101612073ns5:LongLeaseholdAssetsns5:LandBuildings2017-03-3101612073ns5:LeaseholdImprovements2017-03-3101612073ns5:PlantMachinery2017-03-3101612073ns5:LongLeaseholdAssetsns5:LandBuildings2018-03-3101612073ns5:LeaseholdImprovements2018-03-3101612073ns5:PlantMachinery2018-03-3101612073ns5:LongLeaseholdAssetsns5:LandBuildings2017-03-3101612073ns5:LeaseholdImprovements2017-03-3101612073ns5:PlantMachinery2017-03-3101612073ns5:MotorVehicles2017-03-3101612073ns5:ComputerEquipment2017-03-3101612073ns5:MotorVehicles2018-03-3101612073ns5:ComputerEquipment2018-03-3101612073ns5:MotorVehicles2017-03-3101612073ns5:ComputerEquipment2017-03-3101612073ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3101612073ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3101612073ns5:Secured2018-03-3101612073ns5:Secured2017-03-3101612073ns10:OrdinaryShareClass12018-03-31


REGISTERED NUMBER: 01612073 (England and Wales)


















Financial Statements for the Year Ended 31 March 2018

for

SOILS LIMITED

SOILS LIMITED (REGISTERED NUMBER: 01612073)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SOILS LIMITED

Company Information
for the Year Ended 31 March 2018







DIRECTORS: N J Lambert
R B Higginson
R E Ainsworth
C C Morrison





SECRETARY: R B Higginson





REGISTERED OFFICE: Newton House
Cross Road
Tadworth
Surrey
KT20 5SR





REGISTERED NUMBER: 01612073 (England and Wales)





ACCOUNTANTS: BDA Associates Limited
Chartered Accountants
Annecy Court
Ferry Works
Summer Road
Thames Ditton
Surrey
KT7 0QJ

SOILS LIMITED (REGISTERED NUMBER: 01612073)

Statement of Financial Position
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 647,822 556,463

CURRENT ASSETS
Debtors 5 744,537 706,106
Cash in hand 376 413
744,913 706,519
CREDITORS
Amounts falling due within one year 6 839,435 798,268
NET CURRENT LIABILITIES (94,522 ) (91,749 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

553,300

464,714

CREDITORS
Amounts falling due after more than one
year

7

(309,210

)

(234,375

)

PROVISIONS FOR LIABILITIES (45,503 ) (36,850 )
NET ASSETS 198,587 193,489

CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Retained earnings 148,587 143,489
SHAREHOLDERS' FUNDS 198,587 193,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

SOILS LIMITED (REGISTERED NUMBER: 01612073)

Statement of Financial Position - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 9 November 2018 and were signed on its behalf
by:




R B Higginson - Director



N J Lambert - Director


SOILS LIMITED (REGISTERED NUMBER: 01612073)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service
contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold building - equal instalments over period of lease
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2017 - 29 ) .

SOILS LIMITED (REGISTERED NUMBER: 01612073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Improvements
Leasehold to Plant and
building property machinery
£    £    £   
COST
At 1 April 2017 341,050 81,412 205,249
Additions - - 60,853
At 31 March 2018 341,050 81,412 266,102
DEPRECIATION
At 1 April 2017 1,023 15,832 122,942
Charge for year 341 8,142 36,435
Eliminated on disposal - - -
At 31 March 2018 1,364 23,974 159,377
NET BOOK VALUE
At 31 March 2018 339,686 57,438 106,725
At 31 March 2017 340,027 65,580 82,307

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2017 142,414 74,670 844,795
Additions 103,508 17,882 182,243
Disposals (16,522 ) - (16,522 )
At 31 March 2018 229,400 92,552 1,010,516
DEPRECIATION
At 1 April 2017 76,507 72,028 288,332
Charge for year 34,779 6,014 85,711
Eliminated on disposal (11,349 ) - (11,349 )
At 31 March 2018 99,937 78,042 362,694
NET BOOK VALUE
At 31 March 2018 129,463 14,510 647,822
At 31 March 2017 65,907 2,642 556,463

Included in net book values of motor vehicles and plant and machinery are assets held under hire purchase
contracts totalling £100,078 and £52,041 (2017 - £58,848 and £61,552) respectively.

SOILS LIMITED (REGISTERED NUMBER: 01612073)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 445,032 433,391
Amounts recoverable on contracts 295,314 271,610
Other debtors 4,191 1,105
744,537 706,106

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Bank loans and overdrafts 360,771 225,586
Hire purchase contracts 49,967 43,284
Trade creditors 237,726 293,826
Taxation and social security 121,985 152,217
Other creditors 68,986 83,355
839,435 798,268

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.18 31.3.17
£    £   
Bank loans 226,254 203,983
Hire purchase contracts 82,956 30,392
309,210 234,375

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 112,416 120,700

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.18 31.3.17
£    £   
Bank loans 253,846 220,640

The bank loan is secured by a charge over the long leasehold property held as an asset in the company.

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
50,000 Ordinary £1 50,000 50,000