Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31262023-01-01falseRoad resurfacing24truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12021829 2022-12-31 12021829 2023-01-01 2023-12-31 12021829 2022-06-01 2023-05-31 12021829 2023-12-31 12021829 2023-05-31 12021829 c:Director1 2023-01-01 2023-12-31 12021829 d:PlantMachinery 2023-01-01 2023-12-31 12021829 d:PlantMachinery 2023-12-31 12021829 d:PlantMachinery 2023-05-31 12021829 d:CurrentFinancialInstruments 2023-12-31 12021829 d:CurrentFinancialInstruments 2023-05-31 12021829 d:Non-currentFinancialInstruments 2023-12-31 12021829 d:Non-currentFinancialInstruments 2023-05-31 12021829 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12021829 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12021829 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12021829 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 12021829 d:ShareCapital 2023-12-31 12021829 d:ShareCapital 2023-05-31 12021829 d:RetainedEarningsAccumulatedLosses 2023-12-31 12021829 d:RetainedEarningsAccumulatedLosses 2023-05-31 12021829 c:FRS102 2023-01-01 2023-12-31 12021829 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12021829 c:FullAccounts 2023-01-01 2023-12-31 12021829 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12021829 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 12021829










NEW ROAD SURFACING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
NEW ROAD SURFACING LIMITED
REGISTERED NUMBER: 12021829

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
933,315
211,694

Cash at bank and in hand
 6 
367,277
377,023

  
1,300,592
588,717

Creditors: amounts falling due within one year
 7 
(1,275,515)
(559,196)

Net current assets
  
 
 
25,077
 
 
29,521

Total assets less current liabilities
  
25,077
29,521

Creditors: amounts falling due after more than one year
 8 
(15,780)
(21,567)

  

Net assets
  
9,297
7,954


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
9,277
7,934

  
9,297
7,954


Page 1

 
NEW ROAD SURFACING LIMITED
REGISTERED NUMBER: 12021829
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R O Hutchinson
Director

Date: 5 April 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NEW ROAD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company is a private company, limited by shares, incorporated in England and Wales and its registered office is:-
White House Farm
Sandy Lane West
Billingham
United Kingdom
TS22 5NB

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director, having made due and careful enquiry is of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The director, therefore, has made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the directors has continued to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
NEW ROAD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
50%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 26 (2022 - 24).

Page 4

 
NEW ROAD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 January 2023
1,233



At 31 December 2023

1,233



Depreciation


At 1 January 2023
1,233



At 31 December 2023

1,233



Net book value



At 31 December 2023
-



At 31 December 2023
-


5.


Debtors

2023
2023
£
£


Trade debtors
301,282
111,661

Other debtors
632,033
100,033

933,315
211,694



6.


Cash and cash equivalents

2023
2023
£
£

Cash at bank and in hand
367,277
377,023

367,277
377,023


Page 5

 
NEW ROAD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2023
£
£

Bank loans
10,000
10,000

Trade creditors
169,375
127,058

Other taxation and social security
58,476
100,360

Other creditors
1,030,164
293,658

Accruals and deferred income
7,500
28,120

1,275,515
559,196



8.


Creditors: Amounts falling due after more than one year

2023
2023
£
£

Bank loans
15,780
21,567

15,780
21,567


 
Page 6