REGISTERED NUMBER: 04669029 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

On Site Industrial Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M S Fakes

Mrs M Fakes

SECRETARY:

M S Fakes

REGISTERED OFFICE:

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

REGISTERED NUMBER:

04669029 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

FIXED ASSETS

Tangible assets

4

42,379

54,558

CURRENT ASSETS

Stocks

5

75,768

64,645

Debtors

6

144,347

117,993

Cash at bank

229,519

271,002

449,634

453,640

CREDITORS

Amounts falling due within one year

7

87,395

84,770

NET CURRENT ASSETS

362,239

368,870

TOTAL ASSETS LESS CURRENT LIABILITIES

404,618

423,428

CREDITORS

Amounts falling due after more than one year

8

(2,500

)

(12,500

)

PROVISIONS FOR LIABILITIES

(9,878

)

(12,742

)

NET ASSETS

392,240

398,186

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

392,239

398,185

SHAREHOLDERS' FUNDS

392,240

398,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

M S Fakes - Director

1.	STATUTORY INFORMATION

On Site Industrial 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.

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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

29,413

72,720

1,991

104,124

Additions

-

-

1,511

1,511

Disposals

-

-

(1,325

)

(1,325

)

At 31 March 2025

29,413

72,720

2,177

104,310

DEPRECIATION

At 1 April 2024

21,226

26,679

1,661

49,566

Charge for year

1,578

11,511

289

13,378

Eliminated on disposal

-

-

(1,013

)

(1,013

)

At 31 March 2025

22,804

38,190

937

61,931

NET BOOK VALUE

At 31 March 2025

6,609

34,530

1,240

42,379

At 31 March 2024

8,187

46,041

330

54,558

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

75,768

64,645

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

136,446

111,627

Prepayments

7,901

6,366

144,347

117,993

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

21,761

13,820

Tax

9,650

17,614

Social security and other taxes

34,491

24,291

Other creditors

496

-

Directors' current accounts

8,792

16,970

Accrued expenses

2,205

2,075

87,395

84,770

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

2,500

10,000

Bank loans - 2-5 years

-

2,500

2,500

12,500

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 April 2024

398,185

Profit for the year

28,829

Dividends

(34,775

)

At 31 March 2025

392,239

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M S Fakes

Balance outstanding at start of year

(16,970

)

(4,433

)

Amounts advanced

42,953

25,880

Amounts repaid

(34,775

)

(38,417

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(8,792

)

(16,970

)