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REGISTERED NUMBER: 04680990 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SPRINGFIELD ROAD SURFACING CO. LIMITED

SPRINGFIELD ROAD SURFACING CO. LIMITED (REGISTERED NUMBER: 04680990)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5

Report of the Accountants 7

SPRINGFIELD ROAD SURFACING CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr R J Windmill
Mr P Windmill





REGISTERED OFFICE: Mill Road Trading Estate
Mill Road
Radstock
BA3 5TX





REGISTERED NUMBER: 04680990 (England and Wales)





ACCOUNTANTS: SMH Taxation and Accountancy Ltd
16 Kipling Avenue
Bath
Somerset
BA2 4RB

SPRINGFIELD ROAD SURFACING CO. LIMITED (REGISTERED NUMBER: 04680990)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2024


The directors present their report with the financial statements of the company for the year ended 31 March 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

Mr R J Windmill
Mr P Windmill

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr P Windmill - Director


23 October 2024

SPRINGFIELD ROAD SURFACING CO. LIMITED (REGISTERED NUMBER: 04680990)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,084 24,113

CURRENT ASSETS
Stocks 1,500 4,000
Debtors 5 155,177 126,939
Cash at bank 32,108 66,214
188,785 197,153
CREDITORS
Amounts falling due within one year 6 (222,484 ) (220,959 )
NET CURRENT LIABILITIES (33,699 ) (23,806 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,615

)

307

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (15,715 ) 207
(15,615 ) 307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

SPRINGFIELD ROAD SURFACING CO. LIMITED (REGISTERED NUMBER: 04680990)

BALANCE SHEET - continued
31 MARCH 2024


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 23 October 2024 and were signed on its behalf by:





Mr R J Windmill - Director


SPRINGFIELD ROAD SURFACING CO. LIMITED (REGISTERED NUMBER: 04680990)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Springfield Road Surfacing Co. 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 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.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

SPRINGFIELD ROAD SURFACING CO. LIMITED (REGISTERED NUMBER: 04680990)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 38,094 58,436 96,530
DEPRECIATION
At 1 April 2023 24,190 48,227 72,417
Charge for year 3,476 2,553 6,029
At 31 March 2024 27,666 50,780 78,446
NET BOOK VALUE
At 31 March 2024 10,428 7,656 18,084
At 31 March 2023 13,904 10,209 24,113

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 92,751 109,360
Directors' current accounts 43,785 2,485
VAT 16,388 12,841
Prepayments and accrued income 2,253 2,253
155,177 126,939

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,000 12,571
Trade creditors 213,484 219,688
Tax - 6,631
Social security and other taxes - (20,331 )
Accruals and deferred income - 2,400
222,484 220,959

SPRINGFIELD ROAD SURFACING CO. LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
SPRINGFIELD ROAD SURFACING CO. LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






SMH Taxation and Accountancy Ltd
16 Kipling Avenue
Bath
Somerset
BA2 4RB


Date: .............................................