REID SURFACING LTD


Director	PARKER, Ronald


Registered Address	2 Denewell Avenue
	Newcastle Upon Tyne
	NE7 7YB


Registered Number	11703888 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		427,888		448,228
			427,888		448,228
Current assets
Debtors	4	9,306		92,229
Cash at bank and on hand		79,182		33,084
		88,488		125,313
Creditors amounts falling due within one year	5	(238,411)		(26,996)
Net current assets (liabilities)			(149,923)		98,317
Total assets less current liabilities			277,965		546,545
Creditors amounts falling due after one year	6		-		(220,589)
Net assets			277,965		325,956
Capital and reserves
Called up share capital			100		100
Profit and loss account			277,865		325,856
Shareholders' funds			277,965		325,956

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 9 September 2026, and are signed on its behalf by:

PARKER, Ronald
Director
Registered Company No. 11703888

REID SURFACING LTD

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Fixtures and fittings	5
	Vehicles	5

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 December 24	214,318	572,224	1,925	788,467
Additions	-	199,991	-	199,991
Disposals	-	(216,300)	-	(216,300)
At 30 November 25	214,318	555,915	1,925	772,158
Depreciation and impairment
At 01 December 24	102,000	236,314	1,925	340,239
Charge for year	40,459	75,452	-	115,911
On disposals	-	(111,880)	-	(111,880)
At 30 November 25	142,459	199,886	1,925	344,270
Net book value
At 30 November 25	71,859	356,029	-	427,888
At 30 November 24	112,318	335,910	-	448,228

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	9,084	61,980
Other debtors	222	30,249
Total	9,306	92,229

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	201,792	964
Amounts owed to related parties	293	25,062
Taxation and social security	35,776	420
Accrued liabilities and deferred income	550	550
Total	238,411	26,996

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	14,996
Other creditors	-	205,593
Total	-	220,589

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		205,593