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REGISTERED NUMBER: 10114928 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Archway Groundworks Ltd

Archway Groundworks Ltd (Registered number: 10114928)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Archway Groundworks Ltd

Company Information
for the year ended 31 May 2024







DIRECTOR: P L Pedley OBE





SECRETARY: C R Cooper





REGISTERED OFFICE: The East Barn Hollowmoor Heath
Great Barrow
Chester
Cheshire
CH3 7LF





REGISTERED NUMBER: 10114928 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY

Archway Groundworks Ltd (Registered number: 10114928)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,952 53,474

CURRENT ASSETS
Stocks 450 1,199
Debtors 5 16,311 21,966
Cash at bank 97,880 81,609
114,641 104,774
CREDITORS
Amounts falling due within one year 6 120,683 136,906
NET CURRENT LIABILITIES (6,042 ) (32,132 )
TOTAL ASSETS LESS CURRENT LIABILITIES 21,910 21,342

PROVISIONS FOR LIABILITIES 6,001 13,369
NET ASSETS 15,909 7,973

CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Retained earnings 9,909 1,973
15,909 7,973

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 20 September 2024 and were signed by:





P L Pedley OBE - Director


Archway Groundworks Ltd (Registered number: 10114928)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Archway 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.

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 cost
Motor vehicles - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 12 (2023 - 13 ) .

Archway Groundworks Ltd (Registered number: 10114928)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 173,378 96,586 269,964
Additions 7,510 - 7,510
Disposals (975 ) - (975 )
At 31 May 2024 179,913 96,586 276,499
DEPRECIATION
At 1 June 2023 154,549 61,941 216,490
Charge for year 16,362 16,670 33,032
Eliminated on disposal (975 ) - (975 )
At 31 May 2024 169,936 78,611 248,547
NET BOOK VALUE
At 31 May 2024 9,977 17,975 27,952
At 31 May 2023 18,829 34,645 53,474

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 16,311 21,966

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 9,727
Trade creditors 42,793 19,592
Amounts owed to group undertakings 50,000 75,000
Taxation and social security 4,124 7,836
Other creditors 23,766 24,751
120,683 136,906

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Owed to group undertaking 50,000 75,000

8. RELATED PARTY DISCLOSURES

Amounts owed to group undertakings includes an amount of £50,000 (2023 : £75,000) owed to Archway Holdings Ltd. The loan is secured with a fixed and floating charge on the assets of Archway Groundworks Ltd and is repayable on demand. No interest was charged during the period.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Archway Groundworks Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Archway Groundworks Ltd for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Archway Groundworks Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Archway Groundworks Ltd and state those matters that we have agreed to state to the director of Archway Groundworks Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Archway Groundworks Ltd and its director for our work or for this report.

It is your duty to ensure that Archway Groundworks Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Archway Groundworks Ltd. You consider that Archway Groundworks Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Archway Groundworks Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
Suite 1, First Floor
Coachworks Arcade
Northgate Street
Chester
Cheshire
CH1 2EY


20 September 2024