Solent Road Markings (Southern) Limited

Registered number

04623467

Filleted Accounts

31 January 2025

Solent Road Markings (Southern) Limited
Registered number:		04623467
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		167,006			167,826

Current assets
Debtors	4	16,000			24,656
Cash at bank and in hand		96,474			64,262
		112,474			88,918

Creditors: amounts falling due within one year	5	(41,849)			(28,777)

Net current assets			70,625			60,141

Total assets less current liabilities			237,631			227,967


Provisions for liabilities			(18)			(31)


Net assets			237,613			227,936

Capital and reserves
Called up share capital			4			4
Profit and loss account			237,609			227,932

Shareholders' funds			237,613			227,936

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R Smith
Director
Approved by the board on 4 September 2025

Solent Road Markings (Southern) Limited
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2024	164,545		23,718		48,687		236,950
	At 31 January 2025	164,545		23,718		48,687		236,950

	Depreciation
	At 1 February 2024	-		23,095		46,029		69,124
	Charge for the year	-		156		664		820
	At 31 January 2025	-		23,251		46,693		69,944

	Net book value
	At 31 January 2025	164,545		467		1,994		167,006
	At 31 January 2024	164,545		623		2,658		167,826


4	Debtors					2025		2024
£							£

	Trade debtors					16,000		24,656


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					2,194		-
	Taxation and social security costs					36,442		25,469
	Other creditors					3,213		3,308
						41,849		28,777


6	Other information

	Solent Road Markings (Southern) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Stay Sam Botley Road
	Horton Heath
	Eastleigh
	Hampshire
	SO50 7DW