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Registered number: 01598903
The Active Spring Company Limited
ACCOUNTS
FOR THE YEAR ENDED 30/04/2025
Prepared By:
IUVO Services Limited
Chartered Accountants
10 The Crescent
Little Leighs
Chelmford
Essex
CM3 1LY
The Active Spring Company Limited
ACCOUNTS
FOR THE YEAR ENDED 30/04/2025
DIRECTORS
J D Crane
REGISTERED OFFICE
Sibleys Green
Thaxted
Essex
CM6 2NU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01598903
ACCOUNTANTS
IUVO Services Limited
Chartered Accountants
10 The Crescent
Little Leighs
Chelmford
Essex
CM3 1LY
The Active Spring Company Limited
ACCOUNTS
FOR THEYEARENDED30/04/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
The Active Spring Company Limited
BALANCE SHEET AT 30/04/2025
20252024
Notes££
FIXED ASSETS
Intangible assets312,07623,427
Tangible assets41,429,1231,482,579
1,441,1991,506,006
CURRENT ASSETS
Stock113,40012,945
Debtors6803,369910,569
Cash at bank and in hand245,610309,380
1,162,3791,232,894
CREDITORS: Amounts falling due within one year71,468,6351,497,080
NET CURRENT LIABILITIES(306,256)(264,186)
TOTAL ASSETS LESS CURRENT LIABILITIES1,134,9431,241,820
CREDITORS: Amounts falling due after more than one year8421,401553,311
PROVISIONS FOR LIABILITIES AND CHARGES10336,000345,000
NET ASSETS377,542343,509
CAPITAL AND RESERVES
Called up share capital115656
Profit and loss account377,486343,453
SHAREHOLDERS' FUNDS377,542343,509
For the year ending 30/04/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/08/2025 and signed on their behalf by
.............................
J D Crane
Director
The Active Spring Company Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 5%
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
The Active Spring Company Limited
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20252024
No.No.
Average number of employees3231
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/05/2024218,906218,906
At 30/04/2025218,906218,906
Depreciation
At 01/05/2024195,479195,479
For the year11,35111,351
At 30/04/2025206,830206,830
Net Book Amounts
At 30/04/202512,07612,076
At 30/04/202423,42723,427
Goodwill is being written off on a straight line basis over 10 years.
The Active Spring Company Limited
4. TANGIBLE FIXED ASSETS
Land AndPlant andCommercial
BuildingsMachineryVehiclesTotal
££££
Cost
At 01/05/2024138,8984,198,72814,0004,351,626
Additions54,864112,41436,600203,878
At 30/04/2025193,7624,311,14250,6004,555,504
Depreciation
At 01/05/202478,7102,777,38812,9492,869,047
For the year17,848230,0739,413257,334
At 30/04/202596,5583,007,46122,3623,126,381
Net Book Amounts
At 30/04/202597,2041,303,68128,2381,429,123
At 30/04/202460,1881,421,3401,0511,482,579
Tangible assets includes machinery with a net book value of £850,420 (2024: £1,058,382) that is owned subject to a hire purchase agreement.
5. STOCK 20252024
££
Stock comprises:
Stock113,40012,945
113,40012,945
6. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors757,981834,757
PAYE control3,69437,330
Other debtors41,69438,482
803,369910,569
The Active Spring Company Limited
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax245,66198,051
VAT96,147108,046
Directors current account381147
Bank Loan41,66641,667
Hire purchase211,316274,464
Trade creditors425,048516,624
Other creditors408,423406,567
Accruals15,65015,000
Deferred income24,34336,514
1,468,6351,497,080
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (unsecured) >1yr83,333125,000
Hire purchase >1yr338,068428,311
421,401553,311
Hire purchase includes an amount of £nil (2024: £6,499) due after more than five years. The company is commited to future equipment rentals at the year end date of £90,480 (2024: £113,100) over a period of four years.
9. SECURED CREDITORS
20252024
££
Amount of other creditors which are secured336,403377,356
Creditors include £336,403 (2024: £377,356) secured on the book debts of the company.
The Active Spring Company Limited
10. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation336,000345,000
336,000345,000
11. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
56 Ordinary shares of £1 each5656
5656
12. CONTROLLING PARTY
The company is controlled by its director, J D Crane.
13. RELATED PARTY TRANSACTIONS
At the year end date the company owed its directors £381 (2024: £147). This is included in creditors, is repayable on demand and attracts no interest.