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REGISTERED NUMBER: 05381038 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

David Curry Groundworks Ltd

David Curry Groundworks Ltd (Registered number: 05381038)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

David Curry Groundworks Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: N Curry
D Curry





REGISTERED OFFICE: Singmoor
Biddlestone
Morpeth
Northumberland
NE65 7DX





REGISTERED NUMBER: 05381038 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

David Curry Groundworks Ltd (Registered number: 05381038)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 110,595 101,566

CURRENT ASSETS
Debtors 5 129,294 99,998
Cash at bank 8,902 3,241
138,196 103,239
CREDITORS
Amounts falling due within one year 6 171,870 154,112
NET CURRENT LIABILITIES (33,674 ) (50,873 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,921

50,693

CREDITORS
Amounts falling due after more than one
year

7

(41,097

)

(39,564

)

PROVISIONS FOR LIABILITIES 8 (21,014 ) (19,298 )
NET ASSETS/(LIABILITIES) 14,810 (8,169 )

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 14,770 (8,209 )
SHAREHOLDERS' FUNDS 14,810 (8,169 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

David Curry Groundworks Ltd (Registered number: 05381038)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 7 September 2024 and were signed on its behalf by:





D Curry - Director


David Curry Groundworks Ltd (Registered number: 05381038)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

David Curry 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.


David Curry Groundworks Ltd (Registered number: 05381038)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1 April 2023 175,453 5,146 25,100 205,699
Additions 64,911 - 13,250 78,161
Disposals (57,500 ) - - (57,500 )
At 31 March 2024 182,864 5,146 38,350 226,360
DEPRECIATION
At 1 April 2023 91,425 3,977 8,731 104,133
Charge for year 29,149 234 7,405 36,788
Eliminated on disposal (25,156 ) - - (25,156 )
At 31 March 2024 95,418 4,211 16,136 115,765
NET BOOK VALUE
At 31 March 2024 87,446 935 22,214 110,595
At 31 March 2023 84,028 1,169 16,369 101,566

David Curry Groundworks Ltd (Registered number: 05381038)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade debtors 5,802 12,328
Other debtors 27,353 21,973
Directors' loan accounts 96,139 65,697
129,294 99,998

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Bank loans and overdrafts 3,000 3,000
Trade creditors 4,173 330
Tax 44,270 38,890
Social security and other taxes 12,667 12,650
Other creditors 1,200 1,200
Hire purchase < 1 year 20,901 20,371
Vat liability 82,160 74,342
Wages 1,999 1,829
Accrued expenses 1,500 1,500
171,870 154,112

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£ £
Bank loans > 1 year 4,500 7,500
Hire purchase > 1 year 36,597 32,064
41,097 39,564

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£ £
Deferred tax 21,014 19,298

Deferred tax
£
Balance at 1 April 2023 19,298
Provided during year 1,716
Balance at 31 March 2024 21,014

David Curry Groundworks Ltd (Registered number: 05381038)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£ £
N Curry and D Curry
Balance outstanding at start of year 65,697 20,953
Amounts advanced 47,941 66,642
Amounts repaid (17,499 ) (21,898 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 96,139 65,697

David Curry Groundworks Ltd

Report of the Accountants to the Directors of
David Curry Groundworks Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


7 September 2024