DRS GROUNDWORKS LIMITED

Company Registration Number:
05402450 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

DRS GROUNDWORKS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

DRS GROUNDWORKS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 10,800 12,000
Tangible assets: 4 375,156 399,526
Total fixed assets: 385,956 411,526
Current assets
Debtors:   226,013 253,731
Cash at bank and in hand: 31,110
Total current assets: 257,123 253,731
Creditors: amounts falling due within one year:   (186,867) (208,927)
Net current assets (liabilities): 70,256 44,804
Total assets less current liabilities: 456,212 456,330
Total net assets (liabilities): 456,212 456,330
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 456,210 456,328
Shareholders funds: 456,212 456,330

The notes form part of these financial statements

DRS GROUNDWORKS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 December 2024
and signed on behalf of the board by:

Name: Jayne Evans
Status: Director

The notes form part of these financial statements

DRS GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DRS GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

DRS GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 12,000
At 31 March 2024 12,000
Amortisation
At 01 April 2023 0
Charge for year 1,200
At 31 March 2024 1,200
Net book value
At 31 March 2024 10,800
At 31 March 2023 12,000

DRS GROUNDWORKS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 656,091
Additions 18,500
At 31 March 2024 674,591
Depreciation
At 01 April 2023 256,565
Charge for year 42,870
At 31 March 2024 299,435
Net book value
At 31 March 2024 375,156
At 31 March 2023 399,526