REGISTERED NUMBER: 06866501 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Synthetic Turf Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J Bell

REGISTERED OFFICE:

Forge House

Easington

TS13 4TP

REGISTERED NUMBER:

06866501 (England and Wales)

ACCOUNTANTS:

Milner Smeaton

Chartered Accountants and Chartered Tax Advisers

Viking House

Falcon Court

Preston Farm

Stockton-on-Tees

TS18 3TS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

116,044

105,699

116,044

105,699

CURRENT ASSETS

Stocks

4,000

10,000

Debtors

6

180,689

156,655

Cash at bank and in hand

76,188

134,224

260,877

300,879

CREDITORS

Amounts falling due within one year

7

249,018

298,602

NET CURRENT ASSETS

11,859

2,277

TOTAL ASSETS LESS CURRENT LIABILITIES

127,903

107,976

CREDITORS

Amounts falling due after more than one year

8

(58,362

)

(54,860

)

PROVISIONS FOR LIABILITIES

(27,558

)

(18,908

)

NET ASSETS

41,983

34,208

CAPITAL AND RESERVES

Allotted, called up and fully paid share capital

200

200

Capital redemption reserve

250

250

Retained earnings

41,533

33,758

SHAREHOLDERS' FUNDS

41,983

34,208

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

Mr J Bell - Director

1.	STATUTORY INFORMATION

Synthetic Turf Management 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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

-

33% on reducing balance and 20% 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 Income Statement, 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.

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 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

34,422

18,890

53,312

AMORTISATION

At 1 April 2024

and 31 March 2025

34,422

18,890

53,312

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

228,739

Additions

113,534

Disposals

(81,528

)

At 31 March 2025

260,745

DEPRECIATION

At 1 April 2024

123,040

Charge for year

31,548

Eliminated on disposal

(9,887

)

At 31 March 2025

144,701

NET BOOK VALUE

At 31 March 2025

116,044

At 31 March 2024

105,699

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

113,611

66,420

Other debtors

67,078

90,235

180,689

156,655

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

32,672

35,641

Trade creditors

87,143

189,500

Taxation and social security

29,474

37,282

Other creditors

89,729

26,179

249,018

298,602

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

5,000

15,000

Hire purchase contracts

53,362

39,860

58,362

54,860

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

86,034

75,501

Hire purchase contracts are secured against the assets to which they relate.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors were advanced £55,519 (2024: £47,632) and they repaid £70,230 (2024: £46,847). Interest has been charged at the market rate and the outstanding amounts are repayable on demand.