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REGISTERED NUMBER: 02680759 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

SOILTECHNICS LIMITED

SOILTECHNICS LIMITED (REGISTERED NUMBER: 02680759)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SOILTECHNICS LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTORS: M D Hooper
S P Cragg
D R Dunkley
S C Dean
S Drage
I J Dunkley
M Hamill
A K Wilson





REGISTERED OFFICE: Cedar Barn
White Lodge
Walgrave
Northampton
Northamptonshire
NN6 9PY





REGISTERED NUMBER: 02680759 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

SOILTECHNICS LIMITED (REGISTERED NUMBER: 02680759)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 4 142,157 192,815
Debtors 5 1,321,965 1,869,097
Cash at bank and in hand 301,813 332,176
1,765,935 2,394,088
CREDITORS
Amounts falling due within one year 6 1,045,085 1,507,966
NET CURRENT ASSETS 720,850 886,122
TOTAL ASSETS LESS CURRENT LIABILITIES 720,850 886,122

CREDITORS
Amounts falling due after more than one
year

7

115,655

185,469
NET ASSETS 605,195 700,653

CAPITAL AND RESERVES
Called up share capital 8 638 638
Share premium 5,432 5,432
Capital redemption reserve 26 26
Retained earnings 599,099 694,557
SHAREHOLDERS' FUNDS 605,195 700,653

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

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:



D R Dunkley - Director


SOILTECHNICS LIMITED (REGISTERED NUMBER: 02680759)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Soiltechnics 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

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.

SOILTECHNICS LIMITED (REGISTERED NUMBER: 02680759)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2022 - 47 ) .

4. STOCKS
2023 2022
£    £   
Work-in-progress 142,157 192,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,073,393 1,513,278
Other debtors 248,572 355,819
1,321,965 1,869,097

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 431,157 597,222
Amounts owed to group undertakings 56,636 320,515
Taxation and social security 267,111 249,032
Other creditors 290,181 341,197
1,045,085 1,507,966

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 115,655 185,469

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
600 Ordinary £1 600 600
20 Ordinary B £1 20 20
18 Ordinary C £1 18 18
638 638

9. ULTIMATE CONTROLLING PARTY

The controlling party is Soiltechnics Holdings Limited.

The ultimate controlling party is Ichnolites Limited.