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REGISTERED NUMBER: 11861050 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MELTON SOIL SAMPLING LTD

MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MELTON SOIL SAMPLING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: A J Melton
C T K Melton
Mrs C Melton
Mrs L Melton
S A Melton





REGISTERED OFFICE: 27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE





REGISTERED NUMBER: 11861050 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 417,622 155,708

CURRENT ASSETS
Debtors 5 188,758 104,648
Cash at bank 10,389 37,178
199,147 141,826
CREDITORS
Amounts falling due within one year 6 82,659 42,810
NET CURRENT ASSETS 116,488 99,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

534,110

254,724

CREDITORS
Amounts falling due after more than one
year

7

(270,360

)

(39,142

)

PROVISIONS FOR LIABILITIES (33,100 ) (38,000 )
NET ASSETS 230,650 177,582

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 230,550 177,482
230,650 177,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:





A J Melton - Director


MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Melton Soil Sampling Ltd 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.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 30% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 - 33,701 148,933 11,316 193,950
Additions 281,468 4,895 38,000 3,378 327,741
Disposals - - (40,386 ) - (40,386 )
At 30 September 2024 281,468 38,596 146,547 14,694 481,305
DEPRECIATION
At 1 October 2023 - 7,796 24,746 5,700 38,242
Charge for year - 4,072 26,730 1,923 32,725
Eliminated on disposal - - (7,284 ) - (7,284 )
At 30 September 2024 - 11,868 44,192 7,623 63,683
NET BOOK VALUE
At 30 September 2024 281,468 26,728 102,355 7,071 417,622
At 30 September 2023 - 25,905 124,187 5,616 155,708

MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 70,320
DEPRECIATION
At 1 October 2023 4,821
Charge for year 16,375
At 30 September 2024 21,196
NET BOOK VALUE
At 30 September 2024 49,124
At 30 September 2023 65,499

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 73,545 79,788
Other debtors 115,213 24,860
188,758 104,648

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 11,485 -
Hire purchase contracts 19,417 12,705
Trade creditors 11,528 18,516
Taxation and social security 34,229 3,087
Other creditors 6,000 8,502
82,659 42,810

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 255,779 -
Hire purchase contracts 14,581 39,142
270,360 39,142

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 200,963 -

MELTON SOIL SAMPLING LTD (REGISTERED NUMBER: 11861050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 267,264 -
Hire purchase contracts 33,998 51,847
301,262 51,847

The bank loans are secured by a fixed charge over freehold land owned by the directors personally.

The obligations under hire purchase agreements are secured over the assets to which they relate.