PJF GROUNDWORKS LIMITED

Company Registration Number:
11491248 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

PJF GROUNDWORKS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

PJF GROUNDWORKS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 177,767 129,829
Total fixed assets: 177,767 129,829
Current assets
Debtors:   624,184 457,219
Cash at bank and in hand: 88,696 154,007
Total current assets: 712,880 611,226
Creditors: amounts falling due within one year:   (662,919) (384,208)
Net current assets (liabilities): 49,961 227,018
Total assets less current liabilities: 227,728 356,847
Creditors: amounts falling due after more than one year:   (14,232) (19,556)
Total net assets (liabilities): 213,496 337,291
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 213,494 337,289
Shareholders funds: 213,496 337,291

The notes form part of these financial statements

PJF GROUNDWORKS LIMITED

Balance sheet statements

For the year ending 31 July 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 26 September 2023
and signed on behalf of the board by:

Name: Martin Fagan
Status: Director

The notes form part of these financial statements

PJF GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulateddepreciation and impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluationless any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in othercomprehensive income and accumulated in capital and reserves, except to the extent it reverses arevaluation decrease of the same asset previously recognised in profit or loss. A decrease in thecarrying amount of an asset as a result of revaluation is recognised in other comprehensive income tothe extent of any previously recognised revaluation increase accumulated in capital and reserves inrespect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gainsaccumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

PJF GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

PJF GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 254,167
Additions 126,402
Disposals (4,250)
At 31 July 2023 376,319
Depreciation
At 01 August 2022 124,338
Charge for year 74,214
At 31 July 2023 198,552
Net book value
At 31 July 2023 177,767
At 31 July 2022 129,829