REGISTERED NUMBER: 03505422 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SOILS (HS) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Fifield

REGISTERED OFFICE:

4 The Walk

Kingswood

Wootton under Edge

Gloucestershire

GL12 8RP

REGISTERED NUMBER:

03505422 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

931,823

874,128

931,823

874,128

CURRENT ASSETS

Stocks

24,944

19,992

Debtors

6

121,361

103,188

Cash at bank and in hand

31,288

48,738

177,593

171,918

CREDITORS

Amounts falling due within one year

7

186,443

196,096

NET CURRENT LIABILITIES

(8,850

)

(24,178

)

TOTAL ASSETS LESS CURRENT LIABILITIES

922,973

849,950

CREDITORS

Amounts falling due after more than one year

8

(393,890

)

(376,013

)

PROVISIONS FOR LIABILITIES

(113,414

)

(98,586

)

NET ASSETS

415,669

375,351

CAPITAL AND RESERVES

Called up share capital

60,000

60,000

Retained earnings

355,669

315,351

SHAREHOLDERS' FUNDS

415,669

375,351

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2026 and were signed by:

W Fifield - Director

1.	STATUTORY INFORMATION

Soils (HS) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provision 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax. Income is recognised at the point of generating a sales invoice.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1998, has been fully amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

20% on cost and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance and 15% on reducing balance

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 Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern

The directors have considered the risks and issues concerning the company and its activities, and no

material uncertainties that may cast significant doubt about the company's ability to continue as a

going concern have been identified by the directors.

Provisions

Provisions are recognized only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognized where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

5,000

AMORTISATION

At 1 September 2024

and 31 August 2025

5,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 September 2024

476,382

3,000

482,423

Additions

-

-

78,260

Disposals

-

-

(43,600

)

At 31 August 2025

476,382

3,000

517,083

DEPRECIATION

At 1 September 2024

-

3,000

212,395

Charge for year

-

-

41,278

Eliminated on disposal

-

-

(17,696

)

At 31 August 2025

-

3,000

235,977

NET BOOK VALUE

At 31 August 2025

476,382

-

281,106

At 31 August 2024

476,382

-

270,028

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2024

13,634

260,500

18,219

1,254,158

Additions

1,000

81,000

1,149

161,409

Disposals

-

-

-

(43,600

)

At 31 August 2025

14,634

341,500

19,368

1,371,967

DEPRECIATION

At 1 September 2024

8,040

145,586

11,009

380,030

Charge for year

882

33,648

2,002

77,810

Eliminated on disposal

-

-

-

(17,696

)

At 31 August 2025

8,922

179,234

13,011

440,144

NET BOOK VALUE

At 31 August 2025

5,712

162,266

6,357

931,823

At 31 August 2024

5,594

114,914

7,210

874,128

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

83,642

94,068

Other debtors

4,080

3,540

Directors' current accounts

29,351

-

Prepayments

4,288

5,580

121,361

103,188

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

28,756

28,134

Hire purchase contracts

40,513

37,512

Trade creditors

92,484

73,689

Corporation Tax

9,515

25,098

Social security and other taxes

2,510

3,872

Pension control

1,412

760

VAT

4,496

21,251

Other creditors

2,677

3,080

Directors' current accounts

-

57

Accrued expenses

4,080

2,643

186,443

196,096

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

27,008

28,757

Bank loans - 2-5 years

38,627

51,393

Bank loans - 5+ years

244,280

257,856

Hire purchase contracts

83,975

38,007

393,890

376,013

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

124,488

75,519

The directors have provided personal guarantees to the bank with respect to the company's overdraft facility.

The National Westminster Bank PLC has an outstanding charge on land and buildings beginning 30 September 2022.

10.	OTHER FINANCIAL COMMITMENTS

The company had total commitments at the year end of £10,000 (2024 - £10,000).

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

W Fifield

Balance outstanding at start of year

(57

)

(18,041

)

Amounts advanced

97,341

61,764

Amounts repaid

(67,933

)

(43,780

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

29,351

(57

)

Interest is being charged at the HMRC approved rate on the loan to the director and there are no set repayment terms.