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Registered number: 01598903

The Active Spring Company Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
IUVO Services Limited
Chartered Accountants
10 The Crescent
Little Leighs
Chelmsford
Essex
CM3 1LY

The Active Spring Company Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
J D Crane
REGISTERED OFFICE
Sibleys Green
Thaxted
Essex
CM6 2NU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01598903
ACCOUNTANTS
IUVO Services Limited
Chartered Accountants
10 The Crescent
Little Leighs
Chelmsford
Essex
CM3 1LY

The Active Spring Company Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

The Active Spring Company Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Intangible assets323,42736,388
Tangible assets41,482,5791,115,702
1,506,0061,152,090
CURRENT ASSETS
Stock12,94512,100
Debtors6910,569954,332
Cash at bank and in hand309,380286,959
1,232,8941,253,391
CREDITORS: Amounts falling due within one year71,497,0801,463,596
NET CURRENT LIABILITIES(264,186)(210,205)
TOTAL ASSETS LESS CURRENT LIABILITIES1,241,820941,885
CREDITORS: Amounts falling due after more than one year8553,311473,007
PROVISIONS FOR LIABILITIES AND CHARGES10345,000250,000
NET ASSETS343,509218,878
CAPITAL AND RESERVES
Called up share capital115656
Profit and loss account343,453218,822
SHAREHOLDERS' FUNDS343,509218,878
For the year ending 30/04/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/10/2024 and signed on their behalf by
.............................
J D Crane
Director

The Active Spring Company Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 5%
Plant and Machineryreducing balance 15%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

The Active Spring Company Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees3124
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/05/2023218,906218,906
At 30/04/2024218,906218,906
Depreciation
At 01/05/2023182,518182,518
For the year12,96112,961
At 30/04/2024195,479195,479
Net Book Amounts
At 30/04/202423,42723,427
At 30/04/202336,38836,388
Goodwill is being written off on a straight line basis over 10 years.
4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryMotor CarsTotal
££££
Cost
At 01/05/2023138,8983,573,79714,0003,726,695
Additions-624,931-624,931
At 30/04/2024138,8984,198,72814,0004,351,626
Depreciation
At 01/05/202371,8352,526,56012,5982,610,993
For the year6,875250,828351258,054
At 30/04/202478,7102,777,38812,9492,869,047
Net Book Amounts
At 30/04/202460,1881,421,3401,0511,482,579
At 30/04/202367,0631,047,2371,4021,115,702
Tangible assets includes machinery with a net book value of £1,058,382 (2023: £751,433) that is owned subject to a hire purchase agreement.

The Active Spring Company Limited

5. STOCK 20242023
££
Stock comprises:
Stock12,94512,100
12,94512,100
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors834,757901,523
PAYE control37,330-
Other debtors38,48252,809
910,569954,332
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax98,051148,934
VAT108,046101,436
Directors current account1472,786
Bank Loan41,66746,102
Hire purchase274,464202,488
Trade creditors516,624378,811
Other creditors406,567520,419
Accruals15,00011,500
Deferred income36,51451,120
1,497,0801,463,596
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr125,000166,667
Hire purchase >1yr428,311306,340
553,311473,007
Hire purchase includes an amount of £6,499 (2023: £nil) due after more than five years.

The Active Spring Company Limited

9. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured377,356525,175
Creditors include £377,356 (2023: £520,740) secured on the book debts of the company and a loan £nil (2023: £4,435) secured on machinery owned by the company.
10. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation345,000250,000
345,000250,000
11. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
56 Ordinary shares of £1 each5656
5656
12. CONTROLLING PARTY
The company is controlled by its director, J D Crane.
13. RELATED PARTY TRANSACTIONS
At the year end date the company owed its directors £147 (2023: £2,786). This is included in creditors, is repayable on demand and attracts no interest.