1 November 2023 false No description of principal activity Taxfiler 2024.6 01606258business:PrivateLimitedCompanyLtd2023-11-012024-10-31 016062582023-10-31 016062582023-11-012024-10-31 01606258business:AuditExemptWithAccountantsReport2023-11-012024-10-31 01606258business:FilletedAccounts2023-11-012024-10-31 016062582024-10-31 01606258business:Director12023-11-012024-10-31 01606258business:Director32023-11-012024-10-31 01606258business:CompanySecretary12023-11-012024-10-31 01606258business:RegisteredOffice2023-11-012024-10-31 016062582023-10-31 01606258core:WithinOneYear2024-10-31 01606258core:WithinOneYear2023-10-31 01606258core:AfterOneYear2024-10-31 01606258core:AfterOneYear2023-10-31 01606258core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 01606258core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 01606258core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 01606258core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 01606258core:PreviouslyStatedAmount2024-10-31 01606258core:PreviouslyStatedAmount2023-10-31 01606258business:SmallEntities2023-11-012024-10-31 01606258countries:EnglandWales2023-11-012024-10-31 01606258core:PlantMachinery2023-11-012024-10-31 01606258core:MotorVehicles2023-11-012024-10-31 01606258core:FurnitureFittings2023-11-012024-10-31 01606258core:PlantMachinery2023-10-31 01606258core:MotorVehicles2023-10-31 01606258core:FurnitureFittings2023-10-31 01606258core:PlantMachinery2024-10-31 01606258core:MotorVehicles2024-10-31 01606258core:FurnitureFittings2024-10-31 016062582022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 01606258 (England and Wales)
Soil Property Testing Limited Unaudited accounts for the year ended 31 October 2024
Soil Property Testing Limited Unaudited accounts Contents
Page
- 2 -
Soil Property Testing Limited Company Information for the year ended 31 October 2024
Directors
J Garner S Hand
Secretary
S Hand
Company Number
01606258 (England and Wales)
Registered Office
18 Halcyon Court St Margarets Way, Stukeley Meadow Huntingdon Cambridgeshire PE29 6DG
Accountants
C J Dyke & Company The Old Police Station Priory Road St Ives Cambs PE27 5BB
- 3 -
Soil Property Testing Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,745 
61,668 
Current assets
Inventories
3,000 
3,000 
Debtors
111,428 
116,473 
Cash at bank and in hand
13,109 
41,304 
127,537 
160,777 
Creditors: amounts falling due within one year
(74,435)
(54,762)
Net current assets
53,102 
106,015 
Total assets less current liabilities
105,847 
167,683 
Creditors: amounts falling due after more than one year
(1,027)
(12,568)
Provisions for liabilities
Deferred tax
(10,227)
(11,717)
Net assets
94,593 
143,398 
Capital and reserves
Called up share capital
303 
303 
Profit and loss account
94,290 
143,095 
Shareholders' funds
94,593 
143,398 
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by
J Garner Director Company Registration No. 01606258
- 4 -
Soil Property Testing Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Soil Property Testing Limited is a private company, limited by shares, registered in England and Wales, registration number 01606258. The registered office is 18 Halcyon Court, St Margarets Way, Stukeley Meadow, Huntingdon, Cambridgeshire, PE29 6DG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Soil Property Testing Limited Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
220,825 
47,869 
45,452 
314,146 
Additions
2,055 
- 
- 
2,055 
At 31 October 2024
222,880 
47,869 
45,452 
316,201 
Depreciation
At 1 November 2023
187,290 
29,923 
35,265 
252,478 
Charge for the year
5,339 
4,111 
1,528 
10,978 
At 31 October 2024
192,629 
34,034 
36,793 
263,456 
Net book value
At 31 October 2024
30,251 
13,835 
8,659 
52,745 
At 31 October 2023
33,535 
17,946 
10,187 
61,668 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
109,822 
114,367 
Accrued income and prepayments
1,606 
2,106 
111,428 
116,473 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,718 
- 
VAT
48,205 
28,918 
Obligations under finance leases and hire purchase contracts
6,427 
4,667 
Trade creditors
2,290 
6,392 
Taxes and social security
9,115 
12,185 
Accruals
2,680 
2,600 
74,435 
54,762 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,027 
12,568 
8
Average number of employees
During the year the average number of employees was 18 (2023: 18).
- 6 -