The Bedding Sand Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07904809 (England and Wales)

The Bedding Sand Company Limited

Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Porter

T G Porter

REGISTERED OFFICE:

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

REGISTERED NUMBER:

07904809 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

FIXED ASSETS

Tangible assets

4

42,979

51,654

CURRENT ASSETS

Stocks

27,430

23,035

Debtors

5

833,580

806,147

Cash at bank

34,379

55,101

895,389

884,283

CREDITORS

Amounts falling due within one year

6

(1,095,206

)

(937,718

)

NET CURRENT LIABILITIES

(199,817

)

(53,435

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(156,838

)

(1,781

)

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

(156,840

)

(1,783

)

SHAREHOLDERS' FUNDS

(156,838

)

(1,781

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 10th December 2025 and were signed on its behalf by:

R G Porter - Director

1.	STATEMENT OF COMPLIANCE

The Bedding Sand Company Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 2 Oriel Court, Omega Park, Alton, Hampshire, GU34 2YT. The registration number is 07904809.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The financial statements have been prepared on the going concern basis as the directors have confirmed they will continue to provide the financial and other support required by the company. The Bedding Sand Company Limited will also have ongoing support from other mutually owned companies.

Critical accounting judgements and key sources of estimation uncertainty

The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:

Useful life of fixed assets

Tangible assets are depreciated over their useful lives taking into account residual values, where appropriate. The useful lives of these assets are estimated based on historic experience and future considerations and these are re-assessed annually.

Turnover

Turnover represents sales of sand and aggregate. It 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.

Leasehold improvements

-

10% on cost

Plant and machinery

-

25% on cost

Computer equipment

-

25% on cost

Tangible assets are depreciated over their useful lives taking into account residual values, where appropriate. The useful lives of these assets are estimated based on historic experience and future considerations and these are re-assessed annually.

Any gain or loss arising on the disposal of an asset is determined by the difference between sale proceeds and carrying value of the asset, and is credited or charged to the profit or loss.

Stocks

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

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument.

Cash and cash equivalents

These comprise cash at bank and other short term liquid investments.

Debtors

Short term debtors are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and loss account when there is objective evidence that the asset is impaired.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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.

Leasing commitments

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

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 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Computer

improvements

machinery

equipment

Totals

£

COST

At 1st April 2024

81,361

114,764

18,764

214,889

Additions

-

6,320

At 31st March 2025

81,361

114,764

25,084

221,209

DEPRECIATION

At 1st April 2024

43,684

103,896

15,655

163,235

Charge for year

8,136

5,017

1,842

14,995

At 31st March 2025

51,820

108,913

17,497

178,230

NET BOOK VALUE

At 31st March 2025

29,541

5,851

7,587

42,979

At 31st March 2024

37,677

10,868

3,109

51,654

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

9,900

Other debtors

2

Tax

8,878

-

VAT

19,030

10,995

Prepayments and accrued income

805,670

785,250

833,580

806,147

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1,088,703

922,591

Tax

-

8,874

Other creditors

1,403

Accruals and deferred income

5,100

4,850

1,095,206

937,718

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

70,000

Between one and five years

280,000

In more than five years

210,000

280,000

560,000

630,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2

Ordinary

£1

2

9.

RESERVES

Retained

earnings

£

At 1st April 2024

(1,783

)

Deficit for the year

(155,057

)

At 31st March 2025

(156,840

)

10.	RELATED PARTY DISCLOSURES

During the year The Bedding Sand Company Limited made sales to a company with common control of £1,497,303 (2024: £1,908,606) from these sales £785,250 was accrued income relating to 2024 released in the current year whilst a balance of £805,670 has been included within accrued income for the 2025 financial year. Purchases from the company of £1,042,099 (2024: £813,049).

As at 31st March 2025 there was an amount of £2,045,441 (2024: £1,740,024) due to a company with common control and a debit balance of £1,041,764 (2024: £932,436) due from the same company with common control. These balances have been offset leaving an amount due to the company with common control of £1,003,677 (2024: £807,588) which is included within the trade creditors.