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REGISTERED NUMBER: 08201702 (England and Wales)













Glyn Walley Groundworks Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024






Glyn Walley Groundworks Limited (Registered number: 08201702)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Glyn Walley Groundworks Limited

Company Information
for the year ended 30 September 2024







DIRECTORS: G Walley
S Walley





REGISTERED OFFICE: 5 High Street
Wood Lane
Stoke-on-Trent
Staffordshire
ST7 8PB





REGISTERED NUMBER: 08201702 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB

Glyn Walley Groundworks Limited (Registered number: 08201702)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 32,977 130,236

CURRENT ASSETS
Stocks 13,130 -
Debtors 6 51,699 66,987
Cash at bank 32,403 32,158
97,232 99,145
CREDITORS
Amounts falling due within one year 7 190,324 264,526
NET CURRENT LIABILITIES (93,092 ) (165,381 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(60,115

)

(35,145

)

CREDITORS
Amounts falling due after more than one
year

8

24,138

34,671
NET LIABILITIES (84,253 ) (69,816 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (84,353 ) (69,916 )
SHAREHOLDERS' FUNDS (84,253 ) (69,816 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Glyn Walley Groundworks Limited (Registered number: 08201702)

Balance Sheet - continued
30 September 2024


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 Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:





G Walley - Director


Glyn Walley Groundworks Limited (Registered number: 08201702)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Glyn Walley 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoice value of services provided, excluding value added tax.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Glyn Walley Groundworks Limited (Registered number: 08201702)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 256,241 53,420 1,899 311,560
Disposals (150,404 ) (7,500 ) - (157,904 )
At 30 September 2024 105,837 45,920 1,899 153,656
DEPRECIATION
At 1 October 2023 149,921 29,758 1,645 181,324
Charge for year 4,514 4,917 85 9,516
Eliminated on disposal (66,655 ) (3,506 ) - (70,161 )
At 30 September 2024 87,780 31,169 1,730 120,679
NET BOOK VALUE
At 30 September 2024 18,057 14,751 169 32,977
At 30 September 2023 106,320 23,662 254 130,236

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,252 1,842
Amounts recoverable on contract 14,966 55,821
Other debtors 3,481 9,324
51,699 66,987

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,724 -
Hire purchase contracts 6,204 93,921
Trade creditors 509 7,845
Taxation and social security 60,614 34,468
Other creditors 120,273 128,292
190,324 264,526

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 24,138 34,671