IRIS Accounts Production v24.1.4.33 10679055 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106790552023-03-31106790552024-03-31106790552023-04-012024-03-31106790552022-03-31106790552022-04-012023-03-31106790552023-03-3110679055ns15:EnglandWales2023-04-012024-03-3110679055ns14:PoundSterling2023-04-012024-03-3110679055ns10:Director12023-04-012024-03-3110679055ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110679055ns10:SmallEntities2023-04-012024-03-3110679055ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110679055ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110679055ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110679055ns10:FullAccounts2023-04-012024-03-3110679055ns10:RegisteredOffice2023-04-012024-03-3110679055ns5:CurrentFinancialInstruments2024-03-3110679055ns5:CurrentFinancialInstruments2023-03-3110679055ns5:ShareCapital2024-03-3110679055ns5:ShareCapital2023-03-3110679055ns5:RetainedEarningsAccumulatedLosses2024-03-3110679055ns5:RetainedEarningsAccumulatedLosses2023-03-3110679055ns5:PlantMachinery2023-04-012024-03-3110679055ns5:FurnitureFittings2023-04-012024-03-3110679055ns5:ComputerEquipment2023-04-012024-03-3110679055ns5:PlantMachinery2023-03-3110679055ns5:FurnitureFittings2023-03-3110679055ns5:ComputerEquipment2023-03-3110679055ns5:PlantMachinery2024-03-3110679055ns5:FurnitureFittings2024-03-3110679055ns5:ComputerEquipment2024-03-3110679055ns5:PlantMachinery2023-03-3110679055ns5:FurnitureFittings2023-03-3110679055ns5:ComputerEquipment2023-03-3110679055ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110679055ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110679055ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3110679055ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-31
REGISTERED NUMBER: 10679055 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

West Sussex Groundworks Limited

West Sussex Groundworks Limited (Registered number: 10679055)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


West Sussex Groundworks Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P T Dent





REGISTERED OFFICE: 7 Cooks Lane
Emsworth
Hampshire
PO10 8LG





REGISTERED NUMBER: 10679055 (England and Wales)





ACCOUNTANTS: Direct Accounting
7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG

West Sussex Groundworks Limited (Registered number: 10679055)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 84,378 86,602

CURRENT ASSETS
Debtors 5 298,177 18,468
Cash at bank 115,171 339,469
413,348 357,937
CREDITORS
Amounts falling due within one year 6 78,356 37,423
NET CURRENT ASSETS 334,992 320,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

419,370

407,116

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 419,369 407,115
SHAREHOLDERS' FUNDS 419,370 407,116

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 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 6 November 2024 and were signed by:





P T Dent - Director


West Sussex Groundworks Limited (Registered number: 10679055)

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

1. STATUTORY INFORMATION

West Sussex Groundworks Limited 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 reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 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.

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 2 (2023 - 3 ) .

West Sussex Groundworks Limited (Registered number: 10679055)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 167,501 317 1,440 169,258
Additions 26,040 - - 26,040
Disposals (13,608 ) - - (13,608 )
At 31 March 2024 179,933 317 1,440 181,690
DEPRECIATION
At 1 April 2023 81,715 260 681 82,656
Charge for year 25,130 14 190 25,334
Eliminated on disposal (10,678 ) - - (10,678 )
At 31 March 2024 96,167 274 871 97,312
NET BOOK VALUE
At 31 March 2024 83,766 43 569 84,378
At 31 March 2023 85,786 57 759 86,602

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 3,628 10,098
Other debtors 4,049 8,370
7,677 18,468

Amounts falling due after more than one year:
Other debtors 290,500 -

Aggregate amounts 298,177 18,468

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 18,416 8,268
Taxation and social security 48,720 25,143
Other creditors 11,220 4,012
78,356 37,423

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends of £39,550 (2023:£15,215) were voted and paid to Mr P Dent during the year.
At the year end date, Mr P Dent was owed £26 (2023:£12).

West Sussex Groundworks Limited (Registered number: 10679055)

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

8. RELATED PARTY DISCLOSURES

During the year the company loaned £290,500 to WSG Developments Ltd a company that Mr P Dent is a director and equal shareholder in.
The loan is deemed to be interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

Ultimate control of the company is held by Mr P Dent by virtue of him being the sole shareholder.