Company Registration No. 11630869 (England and Wales)
SE GROUNDWORKS LTD
Unaudited accounts
for the year ended 31 October 2023
SE GROUNDWORKS LTD
Unaudited accounts
Contents
SE GROUNDWORKS LTD
Company Information
for the year ended 31 October 2023
Company Number
11630869 (England and Wales)
Registered Office
AYDHURST FARM MARDEN ROAD
STAPLEHURST
TONBRIDGE
TN12 0PD
UNITED KINGDOM
Accountants
AXIS CLOUD ACCOUNTING LIMITED
MARLOWE INNOVATION CENTRE
MARLOWE WAY
RAMSGATE
KENT
CT12 6FA
SE GROUNDWORKS LTD
Statement of financial position
as at 31 October 2023
Tangible assets
95,176
84,670
Cash at bank and in hand
7,518
2,209
Creditors: amounts falling due within one year
(110,242)
(54,632)
Net current liabilities
(87,698)
(14,414)
Total assets less current liabilities
7,478
70,256
Creditors: amounts falling due after more than one year
(29,332)
(51,927)
Net (liabilities)/assets
(21,854)
18,329
Called up share capital
1
1
Profit and loss account
(21,855)
18,328
Shareholders' funds
(21,854)
18,329
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 31 July 2024 and were signed on its behalf by
Carl Porter
Director
Company Registration No. 11630869
SE GROUNDWORKS LTD
Notes to the Accounts
for the year ended 31 October 2023
SE GROUNDWORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 11630869. The registered office is AYDHURST FARM MARDEN ROAD, STAPLEHURST, TONBRIDGE, TN12 0PD, UNITED KINGDOM.
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.
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:
Plant & machinery
25% STRAIGHT LINE
Motor vehicles
25% STRAIGHT LINE
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
161,770
126,620
22,700
311,090
Additions
32,815
61,700
-
94,515
Disposals
-
(26,770)
-
(26,770)
At 31 October 2023
194,585
161,550
22,700
378,835
At 1 November 2022
128,623
80,772
17,025
226,420
Charge for the year
41,351
23,598
5,675
70,624
On disposals
-
(13,385)
-
(13,385)
At 31 October 2023
169,974
90,985
22,700
283,659
At 31 October 2023
24,611
70,565
-
95,176
At 31 October 2022
33,147
45,848
5,675
84,670
SE GROUNDWORKS LTD
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
2,634
31,206
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
30,890
31,022
Trade creditors
44,618
15,995
Taxes and social security
6,373
2,617
Other creditors
9,996
4,998
Loans from directors
18,365
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
10,520
23,759
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).