Johnson Surfacing Limited - Filleted accounts

Registered number

04385335

Johnson Surfacing Limited

Filleted Accounts

31 March 2025

Johnson Surfacing Limited
Registered number:		04385335
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		85,300			111,502

Current assets
WIP		38,933			981
Debtors	5	550,460			644,485
Cash at bank and in hand		597,428			796,996
		1,186,821			1,442,462

Creditors: amounts falling due within one year	6	(148,717)			(354,592)

Net current assets			1,038,104			1,087,870

Total assets less current liabilities			1,123,404			1,199,372


Provisions for liabilities			(11,170)			(11,170)


Net assets			1,112,234			1,188,202

Capital and reserves
Called up share capital			102			102
Profit and loss account			1,112,132			1,188,100

Shareholders' funds			1,112,234			1,188,202

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P M Johnson
Director
Approved by the board on 16 November 2025

Johnson Surfacing Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Plant and machinery			15% reducing balance
	Fixtures, fittings, tools and equipment			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					15		17


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							232,499
	At 31 March 2025							232,499

	Amortisation
	At 1 April 2024							232,499
	At 31 March 2025							232,499

	Net book value
	At 31 March 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	48,647		20,849		357,441		426,937
	Additions	5,203		6,078		-		11,281
	Disposals	-		(12,914)		(45,220)		(58,134)
	At 31 March 2025	53,850		14,013		312,221		380,084

	Depreciation
	At 1 April 2024	37,468		14,108		263,859		315,435
	Charge for the year	2,428		1,646		21,444		25,518
	On disposals	-		(8,757)		(37,412)		(46,169)
	At 31 March 2025	39,896		6,997		247,891		294,784

	Net book value
	At 31 March 2025	13,954		7,016		64,330		85,300
	At 31 March 2024	11,179		6,741		93,582		111,502


5	Debtors					2025		2024
£							£

	Trade debtors					148,128		267,516
	Other debtors					402,332		376,969
						550,460		644,485


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					102,562		252,491
	Taxation and social security costs					38,459		42,844
	Other creditors					7,696		59,257
						148,717		354,592


7	Other information

	Johnson Surfacing Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Sebastian House
	204 Ashgate Road
	Chesterfield
	Derbyshire
	S40 4AL