REGISTERED NUMBER: |
Groundwork Environmental |
Services (Leeds) Limited |
Report of the Directors and |
Unaudited Financial Statements For The Year Ended 31 March 2024 |
REGISTERED NUMBER: |
Groundwork Environmental |
Services (Leeds) Limited |
Report of the Directors and |
Unaudited Financial Statements For The Year Ended 31 March 2024 |
Groundwork Environmental |
Services (Leeds) Limited (Registered number: 02947274) |
Contents of the Financial Statements |
For The Year Ended 31 March 2024 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
Groundwork Environmental |
Services (Leeds) Limited |
Company Information |
For The Year Ended 31 March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Sidings Court |
Lakeside |
Doncaster |
South Yorkshire |
DN4 5NU |
BANKERS: |
Nine Brindley Place |
4 Oozells Square |
Birmingham |
B1 2HB |
SOLICITORS: |
Cloth Hall Court |
Infirmary Street |
Leeds |
LS1 2JB |
Groundwork Environmental |
Services (Leeds) Limited (Registered number: 02947274) |
Report of the Directors |
For The Year Ended 31 March 2024 |
The directors present their report with the financial statements of the company for the year ended 31 March 2024. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report. |
RESULTS FOR THE YEAR |
A loss of £46 (2023: £6,494 loss) was made on turnover of £0 (2023: £0). |
REVIEW OF BUSINESS |
During the period of this report, GES (Leeds) Limited was a trading subsidiary of the Leeds Groundwork Trust, a charitable company whose objects are environmental and employment improvements in the City of Leeds. |
On 1 January 2021, Groundwork Wakefield, having completed its merger with the Leeds Groundwork Trust and Groundwork North Yorkshire, changed its name to Groundwork Yorkshire Limited and amended its Articles of Association so that its charitable area covers Yorkshire and the Humber. |
Groundwork Yorkshire now has a remit to deliver Groundwork's charitable services across Yorkshire and the Humber. This means that the work channelled through GES (Leeds) has ceased, as it is now being undertaken by the charity. Currently, there is no activity being delivered through GES (Leeds), and the company will be wound up. |
DIVIDENDS AND TRANSFERS TO RESERVES |
The Directors do not recommend the payment of a dividend. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
Groundwork Environmental |
Services (Leeds) Limited (Registered number: 02947274) |
Income Statement |
For The Year Ended 31 March 2024 |
2024 | 2023 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS LOSS | ( |
) |
Administrative expenses | ( |
) |
OPERATING LOSS | ( |
) | ( |
) |
Gift Aid donation to |
parent charity | 4 |
(46 | ) | (6,393 | ) |
Interest receivable and similar income |
(46 | ) | (5,709 | ) |
Interest payable and similar expenses |
LOSS BEFORE TAXATION | ( |
) | ( |
) |
Tax on loss |
LOSS FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
Groundwork Environmental |
Services (Leeds) Limited (Registered number: 02947274) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Groundwork Environmental |
Services (Leeds) Limited (Registered number: 02947274) |
Notes to the Financial Statements |
For The Year Ended 31 March 2024 |
1. | STATUTORY INFORMATION |
Groundwork Environmental Services (Leeds) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company and its parent undertaking have merged with Groundwork Wakefield Limited and Groundwork North Yorkshire to form Groundwork Yorkshire Limited. After a run-off period in which existing projects will continue to a conclusion in this company and new ones will start in the merged group, this will involve all assets, liabilities and operations transferring to the merged group without leaving any creditors unpaid. The financial statements have therefore been prepared on a basis other than going concern. However, as the activities of the company since the transfer have been largely unchanged, no material adjustments were required to the carrying values of the assets and liabilities as a result of ceasing to apply the going concern basis. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | EXCEPTIONAL ITEMS |
2024 | 2023 |
£ | £ |
Gift Aid donation to |
parent charity | ( |
) |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Amounts owed to group undertakings |
Accruals and deferred income |
Groundwork Environmental |
Services (Leeds) Limited (Registered number: 02947274) |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
7. | ULTIMATE CONTROLLING PARTY |
The controlling party is the company's parent company, The Leeds Groundwork Trust. |
Its registered office is The Environment & Business Centre, Merlyn Rees Avenue, Morley, Leeds, LS27 9SL. |
Group accounts are available from Companies House. |