Company Registration No. 09113987 (England and Wales)
Breaking Ground Construction Ltd
Unaudited accounts
for the year ended 31 March 2024
Breaking Ground Construction Ltd
Unaudited accounts
Contents
Breaking Ground Construction Ltd
Company Information
for the year ended 31 March 2024
Directors
Hannah Adkin-Walker
Jason Mark Sheppard
Company Number
09113987 (England and Wales)
Registered Office
90 Barlow Drive South
Awsworth
Nottingham
NG16 2RR
England
Breaking Ground Construction Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
191,859
33,096
Inventories
234,857
331,013
Cash at bank and in hand
125,701
10,803
Creditors: amounts falling due within one year
(505,246)
(472,310)
Net current assets
128,858
40,817
Total assets less current liabilities
320,717
73,913
Creditors: amounts falling due after more than one year
(137,946)
(43,149)
Provisions for liabilities
Deferred tax
(36,454)
(6,289)
Called up share capital
20
2
Profit and loss account
146,297
24,473
Shareholders' funds
146,317
24,475
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by
Hannah Adkin-Walker
Director
Company Registration No. 09113987
Breaking Ground Construction Ltd
Notes to the Accounts
for the year ended 31 March 2024
Breaking Ground Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 09113987. The registered office is 90 Barlow Drive South, Awsworth, Nottingham, NG16 2RR, England.
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
20% Straight Line
Motor vehicles
20% Reducing Balance
Fixtures & fittings
15% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
81,586
99,480
3,564
3,961
188,591
Additions
137,770
29,980
-
857
168,607
Disposals
-
(46,500)
(3,097)
(1,138)
(50,735)
At 31 March 2024
219,356
82,960
467
3,680
306,463
At 1 April 2023
75,934
73,686
2,427
3,448
155,495
Charge for the year
1,985
6,157
71
682
8,895
Surplus on revaluation
-
(46,496)
-
-
(46,496)
On disposals
-
-
(2,154)
(1,136)
(3,290)
At 31 March 2024
77,919
33,347
344
2,994
114,604
At 31 March 2024
141,437
49,613
123
686
191,859
At 31 March 2023
5,652
25,794
1,137
513
33,096
Breaking Ground Construction Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
104,903
81,963
Accrued income and prepayments
28,506
23,436
Other debtors
92,909
43,316
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
37,478
19,578
Obligations under finance leases and hire purchase contracts
83,081
31,664
Trade creditors
294,162
336,694
Taxes and social security
51,274
55,737
Other creditors
35,621
24,542
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
126,281
21,482
8
Average number of employees
During the year the average number of employees was 4 (2023: 0).