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REGISTERED NUMBER: 09271859 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

SOILTECHNICS HOLDINGS LIMITED

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOILTECHNICS HOLDINGS LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTORS: S P Cragg
D R Dunkley





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





REGISTERED NUMBER: 09271859 (England and Wales)





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

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,445,981 1,461,216
Investments 5 440,428 440,428
1,886,409 1,901,644

CURRENT ASSETS
Debtors 6 223,534 328,825
Cash at bank 265,773 25,208
489,307 354,033
CREDITORS
Amounts falling due within one year 7 127,514 81,605
NET CURRENT ASSETS 361,793 272,428
TOTAL ASSETS LESS CURRENT LIABILITIES 2,248,202 2,174,072

CREDITORS
Amounts falling due after more than one
year

8

(871,902

)

(945,236

)

PROVISIONS FOR LIABILITIES (41,379 ) (41,136 )
NET ASSETS 1,334,921 1,187,700

CAPITAL AND RESERVES
Called up share capital 10 4,730 4,730
Share premium 1,034 1,034
Retained earnings 1,329,157 1,181,936
SHAREHOLDERS' FUNDS 1,334,921 1,187,700

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.

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

BALANCE SHEET - continued
31 October 2023


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 HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

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


1. STATUTORY INFORMATION

Soiltechnics Holdings 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.

Tangible fixed assets
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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 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.

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2022 1,224,436 162,905 14,773
Additions 2,052 12,436 3,549
Disposals - (3,069 ) (107 )
At 31 October 2023 1,226,488 172,272 18,215
DEPRECIATION
At 1 November 2022 - 80,527 8,489
Charge for year - 18,215 1,594
Eliminated on disposal - (1,840 ) (71 )
At 31 October 2023 - 96,902 10,012
NET BOOK VALUE
At 31 October 2023 1,226,488 75,370 8,203
At 31 October 2022 1,224,436 82,378 6,284

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 175,990 103,155 1,681,259
Additions 3,000 34,501 55,538
Disposals - (18,013 ) (21,189 )
At 31 October 2023 178,990 119,643 1,715,608
DEPRECIATION
At 1 November 2022 77,673 53,354 220,043
Charge for year 24,704 23,840 68,353
Eliminated on disposal - (16,858 ) (18,769 )
At 31 October 2023 102,377 60,336 269,627
NET BOOK VALUE
At 31 October 2023 76,613 59,307 1,445,981
At 31 October 2022 98,317 49,801 1,461,216

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2022
and 31 October 2023 81,018
DEPRECIATION
At 1 November 2022 17,171
Charge for year 16,191
At 31 October 2023 33,362
NET BOOK VALUE
At 31 October 2023 47,656
At 31 October 2022 63,847

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 November 2022
and 31 October 2023 440,428
NET BOOK VALUE
At 31 October 2023 440,428
At 31 October 2022 440,428

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 222,005 326,046
Other debtors 1,529 2,779
223,534 328,825

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 56,861 56,861
Hire purchase contracts 18,048 18,048
Trade creditors 3,537 4,704
Taxation and social security 46,995 -
Other creditors 2,073 1,992
127,514 81,605

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 839,735 895,021
Hire purchase contracts 32,167 50,215
871,902 945,236

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 669,152 724,438

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 896,596 951,882

The company's bank loan is secured by a fixed and floating charge over the undertaking and all property of the company

SOILTECHNICS HOLDINGS LIMITED (REGISTERED NUMBER: 09271859)

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


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
4,400 Ordinary £1 4,400 4,400
110 Ordinary B £1 110 110
198 Ordinary C £1 198 198
22 Ordinary D £1 22 22
4,730 4,730

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ichnolites Limited.