PTP Accounts Production v23.2.0.158 09261521 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:kWh092615212022-03-31092615212023-03-31092615212022-04-012023-03-31092615212021-03-31092615212021-04-012022-03-31092615212022-03-3109261521ns10:Originalns15:EnglandWales2022-04-012023-03-3109261521ns14:PoundSterlingns10:Original2022-04-012023-03-3109261521ns10:Originalns10:Director12022-04-012023-03-3109261521ns10:Original2022-04-012023-03-3109261521ns10:Original2023-03-3109261521ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109261521ns10:Originalns10:SmallEntities2022-04-012023-03-3109261521ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109261521ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109261521ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109261521ns10:Originalns10:FullAccounts2022-04-012023-03-3109261521ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3109261521ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109261521ns10:Original2022-03-3109261521ns10:Originalns5:CurrentFinancialInstruments2023-03-3109261521ns10:Originalns5:CurrentFinancialInstruments2022-03-3109261521ns10:Originalns5:Non-currentFinancialInstruments2023-03-3109261521ns10:Originalns5:Non-currentFinancialInstruments2022-03-3109261521ns5:ShareCapitalns10:Original2023-03-3109261521ns5:ShareCapitalns10:Original2022-03-3109261521ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109261521ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109261521ns10:Original2021-04-012022-03-3109261521ns10:Originalns5:MotorVehicles2022-03-3109261521ns10:Originalns5:MotorVehicles2022-04-012023-03-3109261521ns10:Originalns5:MotorVehicles2023-03-3109261521ns10:Originalns5:MotorVehicles2022-03-3109261521ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3109261521ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3109261521ns10:Originalns5:DeferredTaxation2022-03-3109261521ns10:Originalns5:DeferredTaxation2022-04-012023-03-3109261521ns10:Originalns5:DeferredTaxation2023-03-3109261521ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 09261521 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Wizard Groundworks Limited

Wizard Groundworks Limited (Registered number: 09261521)






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


Wizard Groundworks Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr S Riley





REGISTERED OFFICE: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB





REGISTERED NUMBER: 09261521 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Wizard Groundworks Limited (Registered number: 09261521)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,531 3,375

CURRENT ASSETS
Debtors 5 11,798 9,645
Cash at bank and in hand 304 212
12,102 9,857
CREDITORS
Amounts falling due within one year 6 18,737 13,821
NET CURRENT LIABILITIES (6,635 ) (3,964 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,104

)

(589

)

CREDITORS
Amounts falling due after more than one year 7 (5,774 ) (7,374 )

PROVISIONS FOR LIABILITIES 8 (481 ) (641 )
NET LIABILITIES (10,359 ) (8,604 )

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings (10,360 ) (8,605 )
SHAREHOLDERS' FUNDS (10,359 ) (8,604 )

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.

Wizard Groundworks Limited (Registered number: 09261521)

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 9 February 2024 and were signed by:





Mr S Riley - Director


Wizard Groundworks Limited (Registered number: 09261521)

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

1. STATUTORY INFORMATION

Wizard 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 amounts receivable for services provided in the normal course of business, net of trade discounts, VAT and other sales related taxes.

Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor vehicles - 25% reducing balance basis

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Wizard Groundworks Limited (Registered number: 09261521)

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

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 6,000
DEPRECIATION
At 1 April 2022 2,625
Charge for year 844
At 31 March 2023 3,469
NET BOOK VALUE
At 31 March 2023 2,531
At 31 March 2022 3,375

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 11,798 9,645

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax 12,479 7,729
Social security and other taxes 1,859 754
Accruals and deferred income 4,399 5,338
18,737 13,821

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years 5,774 7,374

8. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 481 641

Wizard Groundworks Limited (Registered number: 09261521)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 641
Credit to Income Statement during year (160 )
Balance at 31 March 2023 481

9. CALLED UP SHARE CAPITAL

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

10. ULTIMATE CONTROLLING PARTY

During the period under review, the company was under the control of Mr S Riley, the director, who owns the issued share capital of the company.