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REGISTERED NUMBER: 06504993 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

KSO Groundworks Ltd

KSO Groundworks Ltd (Registered number: 06504993)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


KSO Groundworks Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs S D Owen
Mr K D Owen





REGISTERED OFFICE: Unit 8 & 9
Waterside Business Park
New Lane
Burscough
Lancashire
L40 8JX





REGISTERED NUMBER: 06504993 (England and Wales)





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

KSO Groundworks Ltd

Report of the Accountants to the Directors of
KSO Groundworks Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared, for your approval, the accounts of KSO Groundworks Ltd for the period set out in these accounts from the company's accounting records and from information and explanations you have given to us.

This report is prepared solely to the Board of Directors of KSO Groundworks Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of KSO Groundworks Ltd and state those matters that we have agreed to state to the Board of Directors of KSO Groundworks Ltd. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KSO Groundworks Ltd and its Board of Directors, as a body, for our work for this report.

It is your duty to ensure that KSO 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 or loss of KSO Groundworks Ltd. You consider that KSO Groundworks Ltd is exempt from the statutory audit requirements for the period of these accounts.

We have not been instructed to carry out an audit or a review of the accounts of KSO 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.






McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB


21 January 2025

KSO Groundworks Ltd (Registered number: 06504993)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 277,866 312,441

CURRENT ASSETS
Debtors 5 145,007 162,210
Cash at bank and in hand 35,191 98,123
180,198 260,333
CREDITORS
Amounts falling due within one year 6 173,392 165,179
NET CURRENT ASSETS 6,806 95,154
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,672

407,595

CREDITORS
Amounts falling due after more than one
year

7

(99,560

)

(151,430

)

PROVISIONS FOR LIABILITIES (45,296 ) (41,823 )
NET ASSETS 139,816 214,342

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 139,812 214,338
139,816 214,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

KSO Groundworks Ltd (Registered number: 06504993)

Balance Sheet - continued
31 March 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 21 January 2025 and were signed on its behalf by:





Mrs S D Owen - Director


KSO Groundworks Ltd (Registered number: 06504993)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

KSO Groundworks Ltd 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. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

KSO Groundworks Ltd (Registered number: 06504993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 96,168 493,175 2,605
Additions - 523 -
At 31 March 2024 96,168 493,698 2,605
DEPRECIATION
At 1 April 2023 3,847 318,124 1,536
Charge for year 3,693 35,114 107
At 31 March 2024 7,540 353,238 1,643
NET BOOK VALUE
At 31 March 2024 88,628 140,460 962
At 31 March 2023 92,321 175,051 1,069

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 76,663 10,599 679,210
Additions 17,480 2,275 20,278
At 31 March 2024 94,143 12,874 699,488
DEPRECIATION
At 1 April 2023 37,666 5,596 366,769
Charge for year 14,120 1,819 54,853
At 31 March 2024 51,786 7,415 421,622
NET BOOK VALUE
At 31 March 2024 42,357 5,459 277,866
At 31 March 2023 38,997 5,003 312,441

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 144,004 133,804
Other debtors 1,003 28,406
145,007 162,210

KSO Groundworks Ltd (Registered number: 06504993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 13,659 13,658
Hire purchase contracts 37,072 40,695
Trade creditors 55,234 83,142
Taxation and social security 66,497 24,234
Other creditors 930 3,450
173,392 165,179

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 57,403 72,139
Hire purchase contracts 42,157 79,291
99,560 151,430