Stabilised Pavements 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: 03241163

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		840,926		631,358

			840,926		631,358
CURRENT ASSETS
Debtors	5	4,166,399		5,246,487
Cash at bank and in hand		1,109,068		644,212

		5,275,467		5,890,699
Creditors: Amounts Falling Due Within One Year	6	(507,477 )		(1,608,424 )

NET CURRENT ASSETS (LIABILITIES)			4,767,990		4,282,275

TOTAL ASSETS LESS CURRENT LIABILITIES			5,608,916		4,913,633

PROVISIONS FOR LIABILITIES
Provisions For Charges			(301,650 )		(142,613 )
Deferred Taxation			(135,773 )		-

NET ASSETS			5,171,493		4,771,020

CAPITAL AND RESERVES
Called up share capital	8		10,000		10,000
Profit and Loss Account			5,161,493		4,761,020

SHAREHOLDERS' FUNDS			5,171,493		4,771,020

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 Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Stabilised Pavements Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03241163 . 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 contain information about Stabilised Pavements 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 accounts have been prepared on a going concern basis.

The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and remain in a profitable position. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

2.3. Turnover

Turnover is recorded at the value of the sales invoiced less VAT and discounts.

For projects in progress at the year end, revenue is recognised according to an estimate of the work completed and expenses not billed by the year end.

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.

Leasehold	2% on cost
Plant & Machinery	33% & 20% on reducing balance
Motor Vehicles	20% on cost
Fixtures & Fittings	20% on reducing balance
Computer Equipment	33% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 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.

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Stabilised Pavements Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Pensions

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.

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 impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is

probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

2.9. Holiday pay accrual

The company recognises a provision for annual leave accrued by employees as a result of services rendered in the current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 36 (2024: 33)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	11,920	122,693	853,369	21,669
Additions	-	43,940	552,084	-
Disposals	-	-	(268,413 )	-

As at 31 March 2025	11,920	166,633	1,137,040	21,669

Depreciation
As at 1 April 2024	1,666	75,448	307,158	949
Provided during the period	238	25,339	222,664	36
Disposals	-	-	(132,022 )	-

As at 31 March 2025	1,904	100,787	397,800	985

Net Book Value
As at 31 March 2025	10,016	65,846	739,240	20,684

As at 1 April 2024	10,254	47,245	546,211	20,720


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	23,052	1,032,703
Additions	-	596,024
Disposals	-	(268,413 )

As at 31 March 2025	23,052	1,360,314

Depreciation
As at 1 April 2024	16,124	401,345

...CONTINUED

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Stabilised Pavements Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Provided during the period	1,788	250,065
Disposals	-	(132,022 )

As at 31 March 2025	17,912	519,388

Net Book Value
As at 31 March 2025	5,140	840,926

As at 1 April 2024	6,928	631,358

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	96,826	737,971
Prepayments and accrued income	143,687	506,472
Retentions	102,978	13,963
Sundry debtors	778,891	2,203,702
Corporation tax recoverable assets	1,035,177	269,995
VAT	188,375	143,277
Amounts owed by group undertakings	1,820,465	1,371,107

	4,166,399	5,246,487

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	428,953	1,516,588
Other taxes and social security	38,838	47,852
Other creditors	10,016	15,339
Accruals and deferred income	29,670	28,645

	507,477	1,608,424

7. Secured Creditors

The company has provided a joint guarantee to secure loan facilities to group undertakings, which creates a fixed and floating charge over the assets of the company. The amounts outstanding under these facilities as at 31 March 2025 were £392,378 (2024: £407,819).

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

9. 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.

10. Ultimate Controlling Party

The immediate parent company is Stabilised Pavements UK Limited, a company registered in England and Wales. Its parent company 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.

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Stabilised Pavements Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Audit Information

The auditor's report on the accounts of Stabilised Pavements 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	G Howe

Company Number	03241163

Registered Office	Ironstone House High Street
	Scaldwell
	Northampton
	NN6 9JS

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