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REGISTERED NUMBER: 09433897 (England and Wales)















Unaudited Financial Statements for the Year Ended 28th February 2025

for

Highway Quality Solutions Limited

Highway Quality Solutions Limited (Registered number: 09433897)

Contents of the Financial Statements
for the Year Ended 28th February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Highway Quality Solutions Limited

Company Information
for the Year Ended 28th February 2025







DIRECTORS: S J Wallace
Mrs R Wallace





REGISTERED OFFICE: Unit 8 Copthorne Business Park
Dowlands Lane
Copthorne
Crawley
West Sussex
RH10 3HX





REGISTERED NUMBER: 09433897 (England and Wales)





ACCOUNTANTS: Gordon Lees Accountants Limited
The Studio
Brewer Street
Bletchingley
Surrey
RH1 4QP

Highway Quality Solutions Limited (Registered number: 09433897)

Balance Sheet
28th February 2025

28/2/25 29/2/24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 212,062 231,068

CURRENT ASSETS
Stocks 82,227 84,598
Debtors 5 80,766 85,990
Cash at bank and in hand 9,158 5,776
172,151 176,364
CREDITORS
Amounts falling due within one year 6 242,973 138,604
NET CURRENT (LIABILITIES)/ASSETS (70,822 ) 37,760
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,240

268,828

CREDITORS
Amounts falling due after more than
one year

7

(130,035

)

(151,140

)

PROVISIONS FOR LIABILITIES (10,834 ) (28,113 )
NET ASSETS 371 89,575

Highway Quality Solutions Limited (Registered number: 09433897)

Balance Sheet - continued
28th February 2025

28/2/25 29/2/24
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 271 89,475
371 89,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

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 8th July 2025 and were signed on its behalf by:





S J Wallace - Director


Highway Quality Solutions Limited (Registered number: 09433897)

Notes to the Financial Statements
for the Year Ended 28th February 2025


1. STATUTORY INFORMATION

Highway Quality Solutions 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.
Plant and machinery etc - 25% on cost, 20% on cost and 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Highway Quality Solutions Limited (Registered number: 09433897)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
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 12 (2024 - 10 ) .

Highway Quality Solutions Limited (Registered number: 09433897)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2024 372,412
Additions 95,425
Disposals (78,311 )
At 28th February 2025 389,526
DEPRECIATION
At 1st March 2024 141,344
Charge for year 55,698
Eliminated on disposal (19,578 )
At 28th February 2025 177,464
NET BOOK VALUE
At 28th February 2025 212,062
At 29th February 2024 231,068

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
£    £   
Trade debtors 71,577 67,779
Other debtors 9,189 18,211
80,766 85,990

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 45,657 44,520
Trade creditors 30,406 16,442
Taxation and social security 73,882 58,677
Other creditors 83,028 8,965
242,973 138,604

Highway Quality Solutions Limited (Registered number: 09433897)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28/2/25 29/2/24
£    £   
Bank loans 2,500 12,500
Hire purchase contracts 127,535 138,640
130,035 151,140

8. ULTIMATE CONTROLLING PARTY

The controlling party is The board of directors.