| Site Solutions (FM) Limited |
| Registered number: |
10555399 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
4 |
|
|
21,585 |
|
|
61,156 |
| Tangible assets |
5 |
|
|
19,279 |
|
|
31,293 |
|
|
|
|
40,864 |
|
|
92,449 |
|
| Current assets |
| Debtors |
6 |
|
446,382 |
|
|
466,141 |
| Cash at bank and in hand |
|
|
6,000 |
|
|
8,774 |
|
|
|
452,382 |
|
|
474,915 |
|
| Creditors: amounts falling due within one year |
7 |
|
(359,812) |
|
|
(409,089) |
|
| Net current assets |
|
|
|
92,570 |
|
|
65,826 |
|
| Total assets less current liabilities |
|
|
|
133,434 |
|
|
158,275 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(78,582) |
|
|
(120,407) |
|
|
|
| Net assets |
|
|
|
54,852 |
|
|
37,868 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
300 |
|
|
300 |
| Profit and loss account |
|
|
|
54,552 |
|
|
37,568 |
|
| Shareholders' funds |
|
|
|
54,852 |
|
|
37,868 |
|
|
|
|
|
|
|
|
| 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 members have 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. |
|
|
|
|
| P Bramhall |
| Director |
| Approved by the board on 9 December 2025 |
|
| Site Solutions (FM) Limited |
| Notes to the Accounts |
| for the year ended 31 March 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. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
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 over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
Office equipment |
20% straight line |
|
|
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. |
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Intangible fixed assets |
£ |
|
Goodwill and other intellectual property: |
|
|
Cost |
|
At 1 April 2024 |
186,030 |
|
At 31 March 2025 |
186,030 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2024 |
124,874 |
|
Provided during the year |
39,571 |
|
At 31 March 2025 |
164,445 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
21,585 |
|
At 31 March 2024 |
61,156 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. Other IP is beng written off over its estimated economic life of 3 years. |
|
|
| 5 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2024 |
56,623 |
|
At 31 March 2025 |
56,623 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
25,330 |
|
Charge for the year |
12,014 |
|
At 31 March 2025 |
37,344 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
19,279 |
|
At 31 March 2024 |
31,293 |
|
|
| 6 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
192,553 |
|
197,096 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
241,550 |
|
257,030 |
|
Other debtors |
12,279 |
|
12,015 |
|
|
|
|
|
|
446,382 |
|
466,141 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
110,028 |
|
41,621 |
|
Trade creditors |
130,841 |
|
183,373 |
|
Taxation and social security costs |
25,994 |
|
55,972 |
|
Other creditors |
92,949 |
|
128,123 |
|
|
|
|
|
|
359,812 |
|
409,089 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
78,582 |
|
120,407 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
118,582 |
|
156,407 |
|
|
|
|
|
|
|
|
|
|
The bank loans are secured by a fixed and floating charge over the assets of the company. |
|
|
| 10 |
Other information |
|
|
Site Solutions (FM) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Group Office, Walwyn Road |
|
Colwall |
|
Malvern |
|
Worcestershire |
|
WR13 6EG |