Company Registration No. 12498124 (England and Wales)
All Groundworks (Southern) Ltd
Unaudited accounts
for the year ended 31 March 2024
All Groundworks (Southern) Ltd
Unaudited accounts
Contents
All Groundworks (Southern) Ltd
Company Information
for the year ended 31 March 2024
Company Number
12498124 (England and Wales)
Registered Office
UNIT 8 CORTRY CLOSE
POOLE
BH12 4BQ
ENGLAND
Accountants
FD For You Ltd
9 Kingswell Road
Ensbury Park
Bournemouth
Dorset
BH10 5DF
All Groundworks (Southern) Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
412,596
121,286
Cash at bank and in hand
15,342
205,545
Creditors: amounts falling due within one year
(388,005)
(252,731)
Net current (liabilities)/assets
(53,650)
334,296
Total assets less current liabilities
358,946
455,582
Creditors: amounts falling due after more than one year
(168,139)
(14,539)
Provisions for liabilities
Deferred tax
(95,774)
(17,439)
Profit and loss account
95,033
423,604
Shareholders' funds
95,033
423,604
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 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 21 November 2024 and were signed on its behalf by
Craig Pistazczuk
Director
Company Registration No. 12498124
All Groundworks (Southern) Ltd
Notes to the Accounts
for the year ended 31 March 2024
All Groundworks (Southern) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12498124. The registered office is UNIT 8 CORTRY CLOSE, POOLE, BH12 4BQ, 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:
Land & buildings
20% Reducing Balance
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
3 Year Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2023
9,019
36,742
67,500
32,550
-
145,811
Additions
-
117,330
175,520
64,000
2,488
359,338
At 31 March 2024
9,019
154,072
243,020
96,550
2,488
505,149
At 1 April 2023
3,311
4,847
12,313
4,054
-
24,525
Charge for the year
1,142
15,431
32,787
18,461
207
68,028
At 31 March 2024
4,453
20,278
45,100
22,515
207
92,553
At 31 March 2024
4,566
133,794
197,920
74,035
2,281
412,596
At 31 March 2023
5,708
31,895
55,187
28,496
-
121,286
All Groundworks (Southern) Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
119,152
346,249
Accrued income and prepayments
7,975
946
Other debtors
19,660
5,190
Amounts falling due after more than one year
Other debtors
84,796
7,250
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
82,843
-
Obligations under finance leases and hire purchase contracts
50,602
5,530
Trade creditors
164,166
33,721
Taxes and social security
90,394
176,062
Loans from directors
-
(73)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
168,139
14,539
During the year there were advances of £213,671 ( 2022 £180,132) and repayments of £219,022 (2022 £175,453) made to/by directors. Interest was charged at 2.5% on this loan where applicable. At the end of the year the directors owed £74 to the company (2022 £5338 )
9
Transactions with related parties
Included within Aged Creditors is an amount totalling £95,090 due from Ronnie's Bodywork Limited, a company under common control. The amount is interest free and repayable on demand
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).