Company Registration No. 05705231 (England and Wales)
Bounceback Safety Surfaces Limited
Unaudited accounts
for the year ended 31 March 2025
Bounceback Safety Surfaces Limited
Unaudited accounts
Contents
Bounceback Safety Surfaces Limited
Company Information
for the year ended 31 March 2025
Company Number
05705231 (England and Wales)
Registered Office
Old Birchenlee House
Birchenlee Lane
Colne
Lancashire
BB8 8HL
England
Accountants
Tim Dean T/A TFD Accountancy
Coed y Glyn Uchaf
Glyn Ceiriog
Llangollen
Wrexham
LL20 7NP
Bounceback Safety Surfaces Limited
Statement of financial position
as at 31 March 2025
Tangible assets
75,867
88,320
Inventories
72,837
117,374
Cash at bank and in hand
757
16,610
Creditors: amounts falling due within one year
(520,493)
(404,309)
Net current (liabilities)/assets
(265,598)
79,189
Total assets less current liabilities
(189,731)
167,509
Creditors: amounts falling due after more than one year
(106,123)
(173,652)
Provisions for liabilities
Deferred tax
(13,569)
(18,547)
Net liabilities
(309,423)
(24,690)
Called up share capital
2
2
Profit and loss account
(309,425)
(24,692)
Shareholders' funds
(309,423)
(24,690)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
Gavin Hodkinson
Director
Company Registration No. 05705231
Bounceback Safety Surfaces Limited
Notes to the Accounts
for the year ended 31 March 2025
Bounceback Safety Surfaces Limited is a private company, limited by shares, registered in England and Wales, registration number 05705231. The registered office is Old Birchenlee House, Birchenlee Lane, Colne, Lancashire, BB8 8HL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Notwithstanding that the company had net liabilities at the balance sheet date, the directors consider that the company will be able to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
Computer equipment
50% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Bounceback Safety Surfaces Limited
Notes to the Accounts
for the year ended 31 March 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
15,577
151,903
11,943
179,423
At 31 March 2025
16,153
151,903
12,512
180,568
At 1 April 2024
13,579
65,991
11,533
91,103
Charge for the year
363
12,887
348
13,598
At 31 March 2025
13,942
78,878
11,881
104,701
At 31 March 2025
2,211
73,025
631
75,867
At 31 March 2024
1,998
85,912
410
88,320
Amounts falling due within one year
Trade debtors
140,532
316,586
Accrued income and prepayments
4,534
6,804
Other debtors
14,990
9,987
Bounceback Safety Surfaces Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
52,604
47,566
Obligations under finance leases and hire purchase contracts
14,925
17,923
Trade creditors
437,459
284,239
Taxes and social security
12,415
35,802
Other creditors
840
16,029
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,884
22,809
8
Transactions with related parties
During the year, the company made advances to its director amounting to £3,447.
At the balance sheet date, £3,084 was outstanding.
The loan is unsecured, interest-free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 9 (2024: 12).