HANLEY GROUNDWORKS LIMITED

Company Registration Number:
04992383 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

HANLEY GROUNDWORKS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

HANLEY GROUNDWORKS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,623,721 1,555,797
Total fixed assets: 1,623,721 1,555,797
Current assets
Stocks: 468,559 102,000
Debtors:   491,818 1,081,727
Cash at bank and in hand: 275,695 454,786
Total current assets: 1,236,072 1,638,513
Creditors: amounts falling due within one year: 4 (806,433) (1,078,308)
Net current assets (liabilities): 429,639 560,205
Total assets less current liabilities: 2,053,360 2,116,002
Creditors: amounts falling due after more than one year: 5 (271,655) (411,899)
Total net assets (liabilities): 1,781,705 1,704,103
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,781,605 1,704,003
Shareholders funds: 1,781,705 1,704,103

The notes form part of these financial statements

HANLEY GROUNDWORKS LIMITED

Balance sheet statements

For the year ending 31 March 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 14 September 2023
and signed on behalf of the board by:

Name: D Hanley
Status: Director

The notes form part of these financial statements

HANLEY GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

Tangible fixed assets and depreciation policy

Tangible fixed assets are depreciated at the following rates in order to write off the cost over their estimated useful lives:Plant & machinery - 15% on reducing balanceComputer equipment - 25% on reducing balanceVans - 25% on reducing balanceCars - 20% on reducing balance

Valuation and information policy

Stocks and work in progress are valued at the lower of cost or net realisable value.

HANLEY GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 37 43

HANLEY GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 2,283,446
Additions 455,878
Disposals (232,361)
At 31 March 2023 2,506,963
Depreciation
At 01 April 2022 727,649
Charge for year 276,934
On disposals (121,341)
At 31 March 2023 883,242
Net book value
At 31 March 2023 1,623,721
At 31 March 2022 1,555,797

HANLEY GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Trade creditors £340066Accruals & other creditors £27191HP and finance leases £397769Taxation and social security £41407

HANLEY GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due after more than one year note

HP and finance leases £271655