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REGISTERED NUMBER: 10060425 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

A1 STREAMLINE ROAD MARKINGS LTD

A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


A1 STREAMLINE ROAD MARKINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: R F Houghton
Mrs C E Trewick



REGISTERED OFFICE: Unit 7
Thompson Road
Whitehills Business Park
Blackpool
FY4 5LW



REGISTERED NUMBER: 10060425 (England and Wales)



ACCOUNTANTS: Ryans
Chartered Accountants
67 Chorley Old Road
Bolton
BL1 3AJ



BANKERS: Lloyds Bank plc
50 Whitegate Drive
Blackpool
FY3 9AN

A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)

ABRIDGED BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 166,656 183,781
166,656 183,781

CURRENT ASSETS
Stocks 51,382 66,293
Debtors 270,974 214,869
Cash at bank 23,213 33,894
345,569 315,056
CREDITORS
Amounts falling due within one year 296,933 305,807
NET CURRENT ASSETS 48,636 9,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,292

193,030

CREDITORS
Amounts falling due after more than one
year

(33,660

)

(57,714

)

PROVISIONS FOR LIABILITIES (42,391 ) (30,526 )
NET ASSETS 139,241 104,790

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 138,941 104,490
SHAREHOLDERS' FUNDS 139,241 104,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 22nd June 2023 and were signed on its behalf by:





R F Houghton - Director


A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

A1 Streamline Road Markings Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, which was purchased for £1, has been fully amortised in the year of acquisition.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2022 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022
and 31st March 2023 1
AMORTISATION
At 1st April 2022
and 31st March 2023 1
NET BOOK VALUE

At 31st March 2023 -
At 31st March 2022 -

A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022 341,590
Additions 20,612
Disposals (24,750 )
At 31st March 2023 337,452
DEPRECIATION
At 1st April 2022 157,809
Charge for year 23,080
Eliminated on disposal (10,093 )
At 31st March 2023 170,796
NET BOOK VALUE
At 31st March 2023 166,656
At 31st March 2022 183,781

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

Totals
£   
COST
At 1st April 2022 196,620
Disposals (24,750 )
At 31st March 2023 171,870
DEPRECIATION
At 1st April 2022 73,291
Charge for year 13,862
Eliminated on disposal (10,093 )
At 31st March 2023 77,060
NET BOOK VALUE
At 31st March 2023 94,810
At 31st March 2022 123,329

6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 117,798 104,928
Hire purchase contracts and finance leases 23,845 60,194
141,643 165,122

A1 STREAMLINE ROAD MARKINGS LTD (REGISTERED NUMBER: 10060425)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
270 Ordinary £1 270 270
30 Ordinary A £1 30 30
300 300

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who, between them, own the majority of the issued share capital.