IRIS Accounts Production v24.1.0.578 08593595 director 1.3.23 29.2.24 29.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085935952023-02-28085935952024-02-29085935952023-03-012024-02-29085935952022-02-28085935952022-03-012023-02-28085935952023-02-2808593595ns15:EnglandWales2023-03-012024-02-2908593595ns14:PoundSterling2023-03-012024-02-2908593595ns10:Director12023-03-012024-02-2908593595ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2908593595ns10:SmallEntities2023-03-012024-02-2908593595ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2908593595ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2908593595ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2908593595ns10:FullAccounts2023-03-012024-02-290859359512023-03-012024-02-2908593595ns10:CompanySecretary12023-03-012024-02-2908593595ns10:RegisteredOffice2023-03-012024-02-2908593595ns5:CurrentFinancialInstruments2024-02-2908593595ns5:CurrentFinancialInstruments2023-02-2808593595ns5:Non-currentFinancialInstruments2024-02-2908593595ns5:Non-currentFinancialInstruments2023-02-2808593595ns5:ShareCapital2024-02-2908593595ns5:ShareCapital2023-02-2808593595ns5:RetainedEarningsAccumulatedLosses2024-02-2908593595ns5:RetainedEarningsAccumulatedLosses2023-02-2808593595ns5:NetGoodwill2023-03-012024-02-2908593595ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2908593595ns5:NetGoodwill2023-02-2808593595ns5:NetGoodwill2024-02-2908593595ns5:NetGoodwill2023-02-2808593595ns5:PlantMachinery2023-02-2808593595ns5:MotorVehicles2023-02-2808593595ns5:PlantMachinery2023-03-012024-02-2908593595ns5:MotorVehicles2023-03-012024-02-2908593595ns5:PlantMachinery2024-02-2908593595ns5:MotorVehicles2024-02-2908593595ns5:PlantMachinery2023-02-2808593595ns5:MotorVehicles2023-02-2808593595ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-02-2808593595ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2808593595ns5:LeasedAssetsHeldAsLessee2023-02-2808593595ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2908593595ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2908593595ns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2908593595ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-02-2908593595ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2908593595ns5:LeasedAssetsHeldAsLessee2024-02-2908593595ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-02-2808593595ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2808593595ns5:LeasedAssetsHeldAsLessee2023-02-2808593595ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2908593595ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 08593595 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Gary Dickenson Groundworks Ltd

Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gary Dickenson Groundworks Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: G Dickenson





SECRETARY:





REGISTERED OFFICE: Temple Chambers
16A Belvoir Road
Coalville
Leics
LE67 3QE





REGISTERED NUMBER: 08593595 (England and Wales)





ACCOUNTANTS: Elverstone Large Ltd
Chartered Certified Accountants
Temple Chambers
16a Belvoir Road
Coalville
Leics
LE67 3QE

Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 248,604 178,388
248,604 178,388

CURRENT ASSETS
Stocks 4,725 4,280
Debtors 6 28,743 34,306
Cash at bank 7,482 11,595
40,950 50,181
CREDITORS
Amounts falling due within one year 7 50,387 25,660
NET CURRENT (LIABILITIES)/ASSETS (9,437 ) 24,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

239,167

202,909

CREDITORS
Amounts falling due after more than
one year

8

105,025

80,729
NET ASSETS 134,142 122,180

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 134,042 122,080
SHAREHOLDERS' FUNDS 134,142 122,180

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Balance Sheet - continued
29 February 2024


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 28 March 2024 and were signed by:





G Dickenson - Director


Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

Gary Dickenson Groundworks Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill amortised over it's useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 10,000
AMORTISATION
At 1 March 2023
and 29 February 2024 10,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 468,726 80,951 549,677
Additions 116,700 41,103 157,803
Disposals (97,300 ) (29,165 ) (126,465 )
At 29 February 2024 488,126 92,889 581,015
DEPRECIATION
At 1 March 2023 310,532 60,757 371,289
Charge for year 47,014 1,972 48,986
Eliminated on disposal (71,003 ) (16,861 ) (87,864 )
At 29 February 2024 286,543 45,868 332,411
NET BOOK VALUE
At 29 February 2024 201,583 47,021 248,604
At 28 February 2023 158,194 20,194 178,388

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 119,684 80,951 200,635
Additions 110,000 41,103 151,103
Disposals - (29,165 ) (29,165 )
At 29 February 2024 229,684 92,889 322,573
DEPRECIATION
At 1 March 2023 42,640 60,757 103,397
Charge for year 33,011 1,972 34,983
Eliminated on disposal - (16,861 ) (16,861 )
At 29 February 2024 75,651 45,868 121,519
NET BOOK VALUE
At 29 February 2024 154,033 47,021 201,054
At 28 February 2023 77,044 20,194 97,238

Gary Dickenson Groundworks Ltd (Registered number: 08593595)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,443 31,055
Other debtors 9,300 3,251
28,743 34,306

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 155
Taxation and social security - 6,488
Other creditors 50,387 19,017
50,387 25,660

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 26,027 35,688
Hire purchase contracts 78,998 45,041
105,025 80,729