Company Registration No. 10856383 (England and Wales)
West Groundworks Ltd
Unaudited accounts
for the year ended 31 July 2024
West Groundworks Ltd
Unaudited accounts
Contents
West Groundworks Ltd
Company Information
for the year ended 31 July 2024
Directors
Ian West
Marije Kootstra
Company Number
10856383 (England and Wales)
Registered Office
27 Jarden
Letchworth Garden City
Hertfordshire
SG6 2NR
Accountants
Morgan Barrett Accountancy
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
West Groundworks Ltd
for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
West Groundworks Ltd for the year ended
31 July 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of West Groundworks Ltd, as a body, in accordance with the terms of our engagement letter dated 7 July 2017. Our work has been undertaken solely to prepare for your approval the accounts of West Groundworks Ltd and state those matters that we have agreed to state to the Board of Directors of West Groundworks Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than West Groundworks Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that West Groundworks Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of West Groundworks Ltd. You consider that West Groundworks Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of West Groundworks Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Morgan Barrett Accountancy
Chartered Certified Accountants
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
20 January 2025
West Groundworks Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
41,855
8,855
Cash at bank and in hand
66,620
23,575
Creditors: amounts falling due within one year
(47,886)
(49,476)
Net current assets
146,690
72,110
Called up share capital
2
2
Profit and loss account
188,543
80,963
Shareholders' funds
188,545
80,965
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by
Ian West
Director
Company Registration No. 10856383
West Groundworks Ltd
Notes to the Accounts
for the year ended 31 July 2024
West Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 10856383. The registered office is 27 Jarden, Letchworth Garden City, Hertfordshire, SG6 2NR.
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:
Plant & machinery
18% Reducing Balance
Motor vehicles
8% Reducing Balance
The company has the financial backing of the directors and is a going concern.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
14,641
5,600
20,241
At 31 July 2024
56,418
5,600
62,018
At 1 August 2023
9,159
2,227
11,386
Charge for the year
8,507
270
8,777
At 31 July 2024
17,666
2,497
20,163
At 31 July 2024
38,752
3,103
41,855
At 31 July 2023
5,482
3,373
8,855
West Groundworks Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
28,965
34,945
Other debtors
84,450
62,332
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
35,208
26,630
Other creditors
420
10,210
Loans from directors
12,258
8,327
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).