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REGISTERED NUMBER: 14436748 (England and Wales)










SI Ground Investigation Limited

Unaudited Financial Statements

for the Year Ended 31 January 2025






SI Ground Investigation Limited (Registered number: 14436748)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SI Ground Investigation Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: M G Buckley
S L Edwards





REGISTERED OFFICE: Suite 1,
Unit 2 Landwick Court Metcalf Drive,
Altham Business Park ,
Accrington,
Lancashire
BB5 5GY





REGISTERED NUMBER: 14436748 (England and Wales)






SI Ground Investigation Limited (Registered number: 14436748)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 39,988 49,668

CURRENT ASSETS
Stocks 5 642 700
Debtors 6 22,402 15,811
Cash at bank and in hand 11,842 18,590
34,886 35,101
CREDITORS
Amounts falling due within one year 7 (11,965 ) (9,574 )
NET CURRENT ASSETS 22,921 25,527
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,909

75,195

CREDITORS
Amounts falling due after more than one
year

8

(37,900

)

(41,400

)

PROVISIONS FOR LIABILITIES (7,598 ) (6,511 )
NET ASSETS 17,411 27,284

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 17,409 27,282
17,411 27,284

SI Ground Investigation Limited (Registered number: 14436748)

Balance Sheet - continued
31 January 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 Profit and Loss Account and Statement of Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by:





S L Edwards - Director


SI Ground Investigation Limited (Registered number: 14436748)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

The company is a private company limited by share capital, incorporated in England & Wales

The address of its registered office is:
Suite 1, Unit 2 Landwick Court Metcalf Drive,
Altham Business Park,
Accrington,
Lancashire,
England,
BB5 5GY

2. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below.These policies have been consistently applied to all the years presented, unless otherwise stated.

STATEMENT OF COMPLIANCE
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

GOING CONCERN
The financial statements have been prepared on a going concern basis.

REVENUE RECOGNITION
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

TANGIBLE FIXED ASSETS
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DEPRECIATION
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset classDepreciation method and rate
Plant and machinery25% on reducing balance
Motor vehicles25% on reducing balance
Computer equipment25% on reducing balance

SI Ground Investigation Limited (Registered number: 14436748)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

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

CASH & CASH EQUIVALENT
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Statement of Retained Earnings, 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.

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.

BORROWING
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

SI Ground Investigation Limited (Registered number: 14436748)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2024 24,067 40,879 422 65,368
Additions 3,165 - - 3,165
At 31 January 2025 27,232 40,879 422 68,533
DEPRECIATION
At 1 February 2024 6,554 9,087 59 15,700
Charge for year 4,806 7,948 91 12,845
At 31 January 2025 11,360 17,035 150 28,545
NET BOOK VALUE
At 31 January 2025 15,872 23,844 272 39,988
At 31 January 2024 17,513 31,792 363 49,668

5. STOCKS
2025 2024
£    £   
Stocks 642 700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 17,761 12,982
Directors' current accounts 731 14
Prepayments 3,910 2,815
22,402 15,811

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 1,383 94
Corporation tax 1,382 -
PAYE Payable 1,343 1,405
VAT 6,531 6,825
Pension Liability 255 255
Accrued expenses 1,071 995
11,965 9,574

SI Ground Investigation Limited (Registered number: 14436748)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Amounts owed to participating interests 37,900 41,400