Landfill Systems Maintenance Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03017339 (England and Wales)

Landfill Systems Maintenance Limited

Unaudited Financial Statements

For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

N C Palmer

SECRETARY:

REGISTERED OFFICE:

Crowcroft Road Industrial Estate

Nedging with Naughton

Ipswich

Suffolk

IP7 7HR

REGISTERED NUMBER:

03017339 (England and Wales)

ACCOUNTANTS:

John Phillips & Co Limited

Accountants

Unit 81 Centaur Court

Claydon Business Park

Gt. Blakenham

Ipswich

Suffolk

IP6 0NL

FIXED ASSETS

Tangible assets

4

388,630

336,781

Investments

5

36,916

425,546

373,697

CURRENT ASSETS

Stocks

6

212,896

209,307

Debtors

7

783,443

739,306

Cash at bank

774,895

163,501

1,771,234

1,112,114

CREDITORS

Amounts falling due within one year

8

631,956

407,703

NET CURRENT ASSETS

1,139,278

704,411

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,564,824

1,078,108

CAPITAL AND RESERVES

Called up share capital

9

10

Retained earnings

10

1,564,814

1,078,098

SHAREHOLDERS' FUNDS

1,564,824

1,078,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

N C Palmer - Director

1.	STATUTORY INFORMATION

Landfill Systems Maintenance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Nil

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

253,825

314,428

137,109

1,997

707,359

Additions

-

15,734

101,093

-

116,827

Disposals

-

(33,908

)

-

(33,908

)

At 31 March 2025

253,825

330,162

204,294

1,997

790,278

DEPRECIATION

At 1 April 2024

2,446

296,806

69,480

1,846

370,578

Charge for year

-

8,340

37,414

151

45,905

Eliminated on disposal

-

(14,835

)

-

(14,835

)

At 31 March 2025

2,446

305,146

92,059

1,997

401,648

NET BOOK VALUE

At 31 March 2025

251,379

25,016

112,235

-

388,630

At 31 March 2024

251,379

17,622

67,629

151

336,781

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

36,916

NET BOOK VALUE

At 31 March 2025

36,916

At 31 March 2024

36,916

6.

STOCKS

31.3.25

31.3.24

£

Stocks and WIP

212,896

209,307

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

766,785

732,879

Staff Loans

1,089

1,567

Directors' loan accounts

9,879

-

S455 Tax

2,248

Prepayments

3,442

2,612

783,443

739,306

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

263,556

85,967

Tax

175,964

87,881

Social security and other taxes

2,608

12,954

VAT

93,448

123,416

Net Wages

(296

)

(572

)

Pension Control Account

2,779

747

Directors' loan accounts

-

127

Accrued expenses

93,897

97,183

631,956

407,703

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

10

Ordinary

£1

10

10.

RESERVES

Retained

earnings

£

At 1 April 2024

1,078,098

Profit for the year

577,716

Dividends

(91,000

)

At 31 March 2025

1,564,814