On-Site Pool Linings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08027538

On-Site Pool Linings Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

On-Site Pool Linings Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 5

On-Site Pool Linings Limited

Abridged Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5		92,203	81,345

Current Assets

Stocks	55,086	49,255
Debtors	166,965	100,529
Cash at bank and in hand	141,870	218,619
	---------	---------
	363,921	368,403

Creditors: amounts falling due within one year	171,450		175,408
	---------		---------
Net Current Assets		192,471	192,995
		---------	---------
Total Assets Less Current Liabilities		284,674	274,340
		---------	---------
Net Assets		284,674	274,340
		---------	---------

On-Site Pool Linings Limited

Abridged Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and Reserves

Called up share capital	6	100	100
Profit and loss account		284,574	274,240
		---------	---------
Shareholders Funds		284,674	274,340
		---------	---------

These abridged 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 abridged statement of income and retained earnings has not been delivered.

For the year ending 31 March 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 abridged 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 abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 2 December 2025 , and are signed on behalf of the board by:

Ms S L Mills

Director

Company registration number: 08027538

On-Site Pool Linings Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 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 91-97 Saltergate, Chesterfield, Derbyshire, S40 1LA. The company's place of business is 22 Laughton Road, Thurcroft, Rotherham, S66 9LP.

2. Statement of compliance

These abridged 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. The financial statements are prepared in sterling, which is the functional currency of the entity. All of the members have consented to the preparation of abridged accounts in accordance with Section 444(2A) of the Companies Act 2006.

Revenue recognition

The turnover shown in the profit and loss account represents amounts earned during the year, exclusive of Value Added Tax.

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 in equity, respectively. 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. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Equipment, Fixtures & Fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

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.

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

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

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

5. Tangible assets

	£
Cost
At 1 April 2024	125,064
Additions	25,272
	---------
At 31 March 2025	150,336
	---------
Depreciation
At 1 April 2024	43,719
Charge for the year	14,414
	---------
At 31 March 2025	58,133
	---------
Carrying amount
At 31 March 2025	92,203
	---------
At 31 March 2024	81,345
	---------

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
A shares of £ 1 each	28	28	28	28
B shares of £ 1 each	26	26	24	24
C shares of £ 1 each	26	26	24	24
D shares of £ 1 each	20	20	24	24
	----	----	----	----
	100	100	100	100
	----	----	----	----

7. Directors' advances, credits and guarantees

At 31st March 2025, Mrs K Haythorne had an overdrawn directors loan of £92,125. This was repaid within 9 months of the year end.

8. Related party transactions

During the year dividends were paid to the directors, totalling £231,488 (2024: £193,396)