Stabilised Pavements UK Limited

	Page
Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3—6

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Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 03039538

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,881,626		3,804,447
Investments	5		10,100		10,100

			3,891,726		3,814,547
CURRENT ASSETS
Debtors	6	1,732,122		1,952,794
Cash at bank and in hand		357,493		252,378

		2,089,615		2,205,172
Creditors: Amounts Falling Due Within One Year	7	(1,747,294 )		(1,918,468 )

NET CURRENT ASSETS (LIABILITIES)			342,321		286,704

TOTAL ASSETS LESS CURRENT LIABILITIES			4,234,047		4,101,251

Creditors: Amounts Falling Due After More Than One Year	8		(525,597 )		(696,863 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(759,815 )		(449,422 )

NET ASSETS			2,948,635		2,954,966

CAPITAL AND RESERVES
Called up share capital	11		30,000		30,000
Profit and Loss Account			2,918,635		2,924,966

SHAREHOLDERS' FUNDS			2,948,635		2,954,966

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

G Howe

Director

30 September 2025

The notes on pages 3 to 6 form part of these financial statements.

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Stabilised Pavements UK Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Stabilised Pavements UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03039538 . The registered office is Ironstone House High Street, Scaldwell, Northampton, NN6 9JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements contain information about Stabilised Pavements UK Limited as an individual company and do not contain consolidated financial information as the parent of the group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Stabilisation Services Pty Limited, 62 Burwood Road, Burwood, NSW 2134, Australia.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & Machinery

8.33% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated ocer their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

2.6. 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 assesments 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 will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2.7. Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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Stabilised Pavements UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairement. If an arrangement constittues a finance transaction it is measured at present value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	5,031,644
Additions	512,214
Disposals	(34,951 )

As at 31 March 2025	5,508,907

Depreciation
As at 1 April 2024	1,227,197
Provided during the period	407,158
Disposals	(7,074 )

As at 31 March 2025	1,627,281

Net Book Value
As at 31 March 2025	3,881,626

As at 1 April 2024	3,804,447

The net book value of tangible fixed assets includes £859,688 (2024 - £975,937) in respect of assets held under hire purchase

contracts.

5. Investments

	Subsidiaries
	£
Cost
As at 1 April 2024	10,100

As at 31 March 2025	10,100

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	10,100

As at 1 April 2024	10,100

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Stabilised Pavements UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	40,907	35,595
Corporation tax recoverable assets	95,703	26,816
VAT	-	72,200
Directors' loan accounts	67,231	100,000
Amounts owed by group undertakings	1,528,281	1,718,183

	1,732,122	1,952,794

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	147,109	142,109
Trade creditors	6,357	625,666
Bank loans and overdrafts	15,667	16,950
VAT	31,180	-
Amounts owed to group undertakings	1,546,981	1,133,743

	1,747,294	1,918,468

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	148,886	305,995
Bank loans	376,711	390,868

	525,597	696,863

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	303,764		294,997

9. Secured Creditors

Of the creditors the following amounts are secured by a fixed and floating charge over the assets of the company.

	2025		2024
	£		£
Bank loans and overdrafts	392,378		407,819

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	147,109	142,109
Later than one year and not later than five years	148,886	305,995

	295,995	448,104

	295,995	448,104

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Stabilised Pavements UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	30,000	30,000

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Gerald Howe	100,000	317,231	350,000	-	67,231

The above loan is unsecured and repaid within 9 months.

13. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting

Standard applicable in the UK and Republic of Ircland', not to disclose related party transactions with wholly owned subsidiaries

within the group.

14. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

15. Ultimate Controlling Party

The parent undertaking is Stabilisation Services Pty Limited, a company registered in Australia.

The address from which group accounts can be obtained is: Byrons, 62 Burwood Road, Burwood, NSW 2134, Australia.

The directors believe the controlling parties are Wilstar Pty Limited, Edinburgh Securities Pty Limited, companies registered in

Australia, and G. Howe, director, acting in concert.

16. Audit Information

The auditor's report on the accounts of Stabilised Pavements UK Limited for the year ended 31 March 2025 was unqualified.

The auditor's report was signed by Paul Carvell BFP FCA (Senior Statutory Auditor) for and on behalf of SFB Group Limited , Statutory Auditor.

SFB Group Limited

Manor Court Chambers

Townsend Drive

Nuneaton

Warwickshire

CV11 6RU

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Directors	Mr W G Smith
	Mr T D Wilmot
	G Howe

Secretary	Mr T D Wilmot

Company Number	03039538

Registered Office	Ironstone House High Street
	Scaldwell
	Northampton
	NN6 9JS

Auditors	SFB Group Limited
	Manor Court Chambers
	Townsend Drive
	Nuneaton
	Warwickshire
	CV11 6RU