IRIS Accounts Production v23.2.0.158 08198950 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081989502022-03-31081989502023-03-31081989502022-04-012023-03-31081989502021-03-31081989502021-04-012022-03-31081989502022-03-3108198950ns10:Originalns15:EnglandWales2022-04-012023-03-3108198950ns14:PoundSterlingns10:Original2022-04-012023-03-3108198950ns10:Originalns10:Director12022-04-012023-03-3108198950ns10:Original2022-04-012023-03-3108198950ns10:Original2023-03-3108198950ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108198950ns10:Originalns10:SmallEntities2022-04-012023-03-3108198950ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3108198950ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108198950ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3108198950ns10:Originalns10:FullAccounts2022-04-012023-03-3108198950ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3108198950ns10:Originalns10:RegisteredOffice2022-04-012023-03-3108198950ns10:Original2022-03-3108198950ns10:Originalns5:CurrentFinancialInstruments2023-03-3108198950ns10:Originalns5:CurrentFinancialInstruments2022-03-3108198950ns10:Originalns5:Non-currentFinancialInstruments2023-03-3108198950ns10:Originalns5:Non-currentFinancialInstruments2022-03-3108198950ns5:ShareCapitalns10:Original2023-03-3108198950ns5:ShareCapitalns10:Original2022-03-3108198950ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3108198950ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108198950ns10:Originalns5:PlantMachinery2022-04-012023-03-3108198950ns10:Original2021-04-012022-03-3108198950ns10:Originalns5:PlantMachinery2022-03-3108198950ns10:Originalns5:PlantMachinery2023-03-3108198950ns10:Originalns5:PlantMachinery2022-03-3108198950ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3108198950ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3108198950ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 08198950 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

A W Aitman Groundworks Limited

A W Aitman Groundworks Limited (Registered number: 08198950)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

A W Aitman Groundworks Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: A W Aitman





REGISTERED OFFICE: 9 Woodlands Drive
Colsterworth
Grantham
NG33 5NH





REGISTERED NUMBER: 08198950 (England and Wales)





ACCOUNTANTS: Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD

A W Aitman Groundworks Limited (Registered number: 08198950)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,918 88,176

CURRENT ASSETS
Stocks 6,034 9,874
Debtors 5 16,688 42,907
Cash at bank and in hand 74,352 67,115
97,074 119,896
CREDITORS
Amounts falling due within one year 6 32,904 40,696
NET CURRENT ASSETS 64,170 79,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,088

167,376

CREDITORS
Amounts falling due after more than one
year

7

-

(32,500

)

PROVISIONS FOR LIABILITIES (15,210 ) (16,578 )
NET ASSETS 129,878 118,298

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 129,778 118,198
SHAREHOLDERS' FUNDS 129,878 118,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

A W Aitman Groundworks Limited (Registered number: 08198950)

Balance Sheet - continued
31 March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2023 and were signed by:





A W Aitman - Director


A W Aitman Groundworks Limited (Registered number: 08198950)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

A W Aitman Groundworks Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax (having regard to the fulfilment of contractual obligations).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

A W Aitman Groundworks Limited (Registered number: 08198950)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 230,502
Additions 27,786
Disposals (42,296 )
At 31 March 2023 215,992
DEPRECIATION
At 1 April 2022 142,326
Charge for year 25,359
Eliminated on disposal (32,611 )
At 31 March 2023 135,074
NET BOOK VALUE
At 31 March 2023 80,918
At 31 March 2022 88,176

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 10,782 38,029
Other debtors 5,906 4,878
16,688 42,907

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 10,000
Trade creditors 266 3,829
Taxation and social security 21,807 14,418
Other creditors 10,831 12,449
32,904 40,696

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 32,500

A W Aitman Groundworks Limited (Registered number: 08198950)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
A W Aitman Groundworks Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A W Aitman Groundworks Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of A W Aitman Groundworks Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A W Aitman Groundworks Limited and state those matters that we have agreed to state to the director of A W Aitman Groundworks Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that A W Aitman Groundworks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A W Aitman Groundworks Limited. You consider that A W Aitman Groundworks Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A W Aitman Groundworks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD


10 October 2023