Recon Survey & Safety Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11247651

RECON SURVEY & SAFETY LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

RECON SURVEY & SAFETY LTD

STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed Assets

Tangible assets	5		72,865		76,633

Current Assets

Stocks		35,054	64,094
Debtors	6	172,089	164,568
Cash at bank and in hand		168,313	98,630
		-----------	-----------
		375,456	327,292

Creditors: amounts falling due within one year	7	192,844		134,290
		-----------		-----------
Net Current Assets			182,612		193,002
			-----------		-----------
Total Assets Less Current Liabilities			255,477		269,635
			-----------		-----------
Net Assets			255,477		269,635
			-----------		-----------

RECON SURVEY & SAFETY LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

	2025		2024
Note	£	£	£	£

Capital and Reserves

Called up share capital	200	200
Profit and loss account	255,277	269,435
	-----------	-----------
Shareholders Funds	255,477	269,635
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 17 October 2025 , and are signed on behalf of the board by:

Mr S Finney

Director

Company registration number: 11247651

RECON SURVEY & SAFETY LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit H2 Castings Way, Leafbridge Business Park, Station Road, North Hykeham, Lincoln, LN6 9WG.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Operating Leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% straight line
Motor vehicles	-	20% straight line
Equipment	-	10% straight line

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 7 ).

5. Tangible Assets

	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 May 2024	24,316	41,411	39,012	104,739
Additions	2,449	–	33,686	36,135
Disposals	( 752)	–	( 27,625)	( 28,377)
	---------	---------	---------	-----------
At 30 April 2025	26,013	41,411	45,073	112,497
	---------	---------	---------	-----------
Depreciation
At 1 May 2024	13,887	7,204	7,015	28,106
Charge for the year	4,914	8,282	4,507	17,703
Disposals	( 301)	–	( 5,876)	( 6,177)
	---------	---------	---------	-----------
At 30 April 2025	18,500	15,486	5,646	39,632
	---------	---------	---------	-----------
Carrying amount
At 30 April 2025	7,513	25,925	39,427	72,865
	---------	---------	---------	-----------
At 30 April 2024	10,429	34,207	31,997	76,633
	---------	---------	---------	-----------

6. Debtors

	2025	2024
	£	£
Trade debtors	142,842	149,211
Other debtors	29,247	15,357
	-----------	-----------
	172,089	164,568
	-----------	-----------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	137,944	45,923
Social security and other taxes	50,820	79,756
Other creditors	4,080	8,611
	-----------	-----------
	192,844	134,290
	-----------	-----------

8. Operating Leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	20,980	41,352
Later than 1 year and not later than 5 years	–	20,980
	---------	---------
	20,980	62,332
	---------	---------

9. Directors' Advances, Credits and Guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr S Finney	4,282	17,606	( 4,282)	17,606
	--------	---------	--------	---------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr S Finney	–	4,282	–	4,282
	-----	--------	-----	--------

The balance is repayable on demand and subject to interest at the official rate.