Company Registration No. 06538994 (England and Wales)
S Hines Groundworks Limited
Unaudited accounts
for the year ended 31 March 2023
S Hines Groundworks Limited
Unaudited accounts
Contents
S Hines Groundworks Limited
Company Information
for the year ended 31 March 2023
Directors
Steven Hines
Emma Hines
Company Number
06538994 (England and Wales)
Registered Office
THE LODGE CHURCH ROAD
WORTHAM
DISS
NORFOLK
IP22 1PT
Accountants
Ace Tax and Bookkeeping Solutions
DBH6 Diss Business Hub
Diss Business Park
Diss
Norfolk
IP22 4GT
S Hines Groundworks Limited
Statement of financial position
as at 31 March 2023
Tangible assets
105,117
84,751
Cash at bank and in hand
13,192
13,210
Creditors: amounts falling due within one year
(41,537)
(19,525)
Net current (liabilities)/assets
(21,238)
681
Total assets less current liabilities
83,879
85,432
Provisions for liabilities
Deferred tax
(19,972)
(16,103)
Called up share capital
100
100
Profit and loss account
63,807
69,229
Shareholders' funds
63,907
69,329
For the year ending 31 March 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
Steven Hines
Director
Company Registration No. 06538994
S Hines Groundworks Limited
Notes to the Accounts
for the year ended 31 March 2023
S Hines Groundworks Limited is a private company, limited by shares, registered in England and Wales, registration number 06538994. The registered office is THE LODGE CHURCH ROAD, WORTHAM, DISS, NORFOLK, IP22 1PT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Goodwill
S Hines Groundworks Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
99,456
18,440
990
118,886
Additions
2,227
31,235
367
33,829
At 31 March 2023
101,683
49,675
1,357
152,715
At 1 April 2022
21,702
11,485
948
34,135
Charge for the year
11,967
1,433
63
13,463
At 31 March 2023
33,669
12,918
1,011
47,598
At 31 March 2023
68,014
36,757
346
105,117
At 31 March 2022
77,754
6,955
42
84,751
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,512
-
Loans from directors
39,213
18,800
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
At the end of the year the directors are owed £39,338 (2022: £18,800) relating to an interest free loan with no set repayment terms.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).