Roadtechs Europe Limited - Filleted accounts

Registered number

03236016

Roadtechs Europe Limited

Unaudited Filleted Accounts

6 April 2025

Roadtechs Europe Limited
Registered number:		03236016
Balance Sheet
as at 6 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		68,334			42,514

Current assets
Stocks		298,460			329,875
Debtors	4	2,040,075			2,088,809
Cash at bank and in hand		1,776,049			601,896
		4,114,584			3,020,580

Creditors: amounts falling due within one year	5	(1,232,877)			(669,784)

Net current assets			2,881,707			2,350,796

Total assets less current liabilities			2,950,041			2,393,310


Provisions for liabilities			(6,834)			(5,697)


Net assets			2,943,207			2,387,613

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			2,942,207			2,386,613

Shareholder's funds			2,943,207			2,387,613

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J S Lilley
Director
Approved by the board on 26 November 2025

Roadtechs Europe Limited
Notes to the Accounts
for the period from 1 April 2024 to 6 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Plant and machinery	10% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			22		20


3	Tangible fixed assets
		Land and buildings		Plant and machinery		Total
£			£		£
	Cost
	At 1 April 2024	19,758		57,941		77,699
	Additions	24,000		8,952		32,952
	At 6 April 2025	43,758		66,893		110,651

	Depreciation
	At 1 April 2024	1,976		33,209		35,185
	Charge for the period	2,376		4,756		7,132
	At 6 April 2025	4,352		37,965		42,317

	Net book value
	At 6 April 2025	39,406		28,928		68,334
	At 31 March 2024	17,782		24,732		42,514


4	Debtors			2025		2024
£					£

	Trade debtors			702,414		655,677
	Amounts owed by group undertakings			1,130,553		1,272,445
	Other debtors			207,108		160,687
				2,040,075		2,088,809


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			602,441		527,370
	Amounts owed to group undertakings			170,113		7,934
	Taxation and social security costs			441,682		122,163
	Other creditors			18,641		12,317
				1,232,877		669,784


6	Pension commitments

	The company operates a defined contribution pension scheme the assets of which are held separately from those of the company.


7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			143,000		94,250


8	Contingent liabilities

	The company and other group companies provide a cross guarantee over the liabilities due to HSBC under a group arrangement. At 31 March 2025 the total liability was £16,523.


9	Related party transactions

	The company trades with fellow group companies. All transactions are completed at normal commercial rates.


10	Controlling party

	The ultimate parent company is Roadtechs Holdings Limited, a company registered in England and Wales, by virtue of its 100% shareholding. The registered office address is the same.


11	Other information

	Roadtechs Europe Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Barondale Lane
	Topcroft
	Bungay
	NR35 2BE