Surface Restore Ltd 31/03/2025 iXBRL

Company registration number: 04783042

Surface Restore Ltd

Trading as Surface Restore Ltd

Unaudited filleted financial statements

31 March 2025

Surface Restore Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Surface Restore Ltd

Directors and other information


	Directors	Mr Mike Neal
		Mr D C Neal


	Company number	04783042


	Registered office	4th Floor, Elizabeth House
		54-58 High Street
		Edgware
		Middlesex
		HA8 7EJ


	Business address	9 Stephenson Way
		Three Bridges
		Crawley
		West Sussex
		RH10 1TN


	Accountants	Hindocha Pandit & Co Limited
		4th floor, Elizabeth House
		54-58 High Street
		Edgware
		Middlesex
		HA8 7EJ




	Bankers	HSBC Bank
		58 Chesterton Road
		Cambridge
		Cambridgeshire
		CB4 1EW

Surface Restore Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Surface Restore Ltd

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Surface Restore Ltd for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Surface Restore Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Surface Restore Ltd and state those matters that we have agreed to state to the board of directors of Surface Restore Ltd as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Surface Restore Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Surface Restore Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Surface Restore Ltd. You consider that Surface Restore Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Surface Restore Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hindocha Pandit & Co Limited

Chartered Certified Accountants & Chartered Tax Advisors

4th floor, Elizabeth House

54-58 High Street

Edgware

Middlesex

HA8 7EJ

23 December 2025

Surface Restore Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	55,000		-
Tangible assets	6	70,268		52,003
		_______		_______
			125,268		52,003

Current assets
Stocks		60,208		48,500
Debtors	7	174,581		233,980
Cash at bank and in hand		255,526		267,603
		_______		_______
		490,315		550,083
Creditors: amounts falling due
within one year	8	( 30,343)		( 48,335)
		_______		_______
Net current assets			459,972		501,748
			_______		_______
Total assets less current liabilities			585,240		553,751

Creditors: amounts falling due
after more than one year	9		( 16,824)		-
			_______		_______
Net assets			568,416		553,751
			_______		_______

Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			567,416		552,751
			_______		_______
Shareholders funds			568,416		553,751
			_______		_______

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 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 financial statements.

These 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 statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

Mr Mike Neal

Director

Company registration number: 04783042

Surface Restore Ltd

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	1,000	513,921	514,921

Profit for the year		46,830	46,830
	_______	_______	_______
Total comprehensive income for the year	-	46,830	46,830

Dividends paid and payable		( 8,000)	( 8,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 8,000)	( 8,000)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	1,000	552,751	553,751

Profit for the year		14,665	14,665
	_______	_______	_______
Total comprehensive income for the year	-	14,665	14,665

	_______	_______	_______
At 31 March 2025	1,000	567,416	568,416
	_______	_______	_______

Surface Restore Ltd

Notes to the 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 4th Floor, Elizabeth House, 54-58 High Street, Edgware, Middlesex, HA8 7EJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Transition to FRS 102

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the year in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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:


Plant and machinery	-	33.33 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

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 stocks to their present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 13 ).

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 April 2024	-	-
Additions	55,000	55,000
	_______	_______
At 31 March 2025	55,000	55,000
	_______	_______
Amortisation
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	55,000	55,000
	_______	_______
At 31 March 2024	-	-
	_______	_______

6. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	27,440	22,022	109,511	158,973
Additions	9,792	3,070	23,383	36,245
Disposals	-	-	( 12,754)	( 12,754)
	_______	_______	_______	_______
At 31 March 2025	37,232	25,092	120,140	182,464
	_______	_______	_______	_______
Depreciation
At 1 April 2024	24,734	13,306	68,930	106,970
Charge for the year	4,166	1,768	10,032	15,966
Disposals	-	-	( 10,740)	( 10,740)
	_______	_______	_______	_______
At 31 March 2025	28,900	15,074	68,222	112,196
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	8,332	10,018	51,918	70,268
	_______	_______	_______	_______
At 31 March 2024	2,706	8,716	40,581	52,003
	_______	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	132,062	225,922
Other debtors	42,519	8,058
	_______	_______
	174,581	233,980
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	10,152	4,731
Corporation tax	-	16,046
Social security and other taxes	8,802	20,539
Other creditors	11,389	7,019
	_______	_______
	30,343	48,335
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	16,824	-
	_______	_______

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Mike Neal	( 1,517)	258	( 1,259)
	Mr D C Neal	( 549)	2,666	2,117
		_______	_______	_______
		( 2,066)	2,924	858
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Mike Neal	( 3,583)	2,066	( 1,517)
	Mr D C Neal	( 828)	278	(550)
		_______	_______	_______
		( 4,411)	2,344	(2,067)
		_______	_______	_______

The Driectors Current Account at the compant's year end was overdrawn. The Director will repay the overdrawn amount beofre 31 December 2022.

11. Controlling party

During the year the company was under the control of Mr. M and Mr D Neal the directors and shareholders of the company.