Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2025
Director |
Registered Address | |
Registered Number |
Notes | 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| Tangible assets | 4 | |||||||
| Current assets | ||||||||
| Debtors | 5 | |||||||
| Cash at bank and on hand | ||||||||
| Creditors amounts falling due within one year | 6 | ( | ( | |||||
| Net current assets (liabilities) | ||||||||
| Total assets less current liabilities | ||||||||
| Creditors amounts falling due after one year | 7 | ( | ( | |||||
| Provisions for liabilities | 10 | ( | ( | |||||
| Net assets | ||||||||
| Capital and reserves | ||||||||
| Profit and loss account | ||||||||
| Shareholders' funds | ||||||||
| The financial statements were approved and authorised for issue by the Director on 15 May 2025, and are signed on its behalf by: |
Director Registered Company No. 09765686 |
| 1. | Accounting policies |
|---|
| Statutory information | |
|---|---|
| Statement of compliance | |
|---|---|
| Basis of preparation | |
|---|---|
| Revenue from rendering of services | |
|---|---|
| Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
| Operating leases | |
|---|---|
| Employee benefits | |
|---|---|
| Current taxation | |
|---|---|
| Deferred tax | |
|---|---|
| Tangible fixed assets and depreciation | |
|---|---|
| Reducing balance (%) | Straight line (years) | |||
|---|---|---|---|---|
| Fixtures and fittings | ||||
| Vehicles | ||||
| Office Equipment |
| Finance leases and hire purchase contracts | |
|---|---|
| 2. | Average number of employees |
|---|---|
| 2025 | 2024 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Deferred tax |
|---|---|
| Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax liabilities at the balance sheet date has been calculated using the applicable rate when the liability is expected to be incurred. |
| 4. | Tangible fixed assets |
|---|---|
Total | ||
|---|---|---|
| £ | ||
| Cost or valuation | ||
| At 01 April 24 | ||
| Additions | ||
| Disposals | ( | |
| At 31 March 25 | ||
| Depreciation and impairment | ||
| At 01 April 24 | ||
| Charge for year | ||
| On disposals | ( | |
| At 31 March 25 | ||
| Net book value | ||
| At 31 March 25 | ||
| At 31 March 24 |
| 5. | Debtors: amounts due within one year |
|---|---|
2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors / trade receivables | ||||
| Other debtors | ||||
| Prepayments and accrued income | ||||
| Total |
| 6. | Creditors: amounts due within one year |
|---|---|
2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Bank borrowings and overdrafts | ||||
| Taxation and social security | ||||
| Finance lease and HP contracts | ||||
| Other creditors | ||||
| Accrued liabilities and deferred income | ||||
| Total |
| 7. | Creditors: amounts due after one year |
|---|---|
2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank borrowings and overdrafts | ||||
| Other creditors | ||||
| Total |
| 8. | Secured creditors |
|---|---|
| Included within creditors are secured debts totalling £319,839 (2024 - £320,631). This comprised debts owed under (i) hire purchase contracts of £242,807 (2024 - £319,065); and (ii) invoice finance of £77,032 (2024 - £1,566). |
| 9. | Obligations under finance leases |
|---|---|
2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Finance lease and HP contracts |
| The above amounts represent the non-current component of finance lease obligations. The current component of finance lease obligations as at the balance sheet date was £69,231 (2024 - £66,708.28) |
| 10. | Provisions for liabilities |
|---|---|
2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Net deferred tax liability (asset) | ||||
| Total |
| 11. | Operating lease commitments |
|---|---|
| 12. | Related party transactions |
|---|---|
| 13. | Controlling party |
|---|---|
| The controlling party is I G Morrison Consulting Ltd. The ultimate controlling party is Mr. I. G. Morrison |