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REGISTERED NUMBER: 09193115 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 August 2024

for

P Little Groundworks Limited

P Little Groundworks Limited (Registered number: 09193115)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


P Little Groundworks Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: P G Little





REGISTERED OFFICE: Shadwell House
65 Lower Green Road
Rusthall
Tunbridge Wells
Kent
TN4 8TW





REGISTERED NUMBER: 09193115 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

P Little Groundworks Limited (Registered number: 09193115)

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 45,658 60,876

CURRENT ASSETS
Inventories 7,143 46,509
Debtors 5 55,605 63,047
Cash at bank 109,020 101,682
171,768 211,238
CREDITORS
Amounts falling due within one year 6 28,595 36,103
NET CURRENT ASSETS 143,173 175,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,831

236,011

CREDITORS
Amounts falling due after more than one
year

7

(3,918

)

(10,210

)

PROVISIONS FOR LIABILITIES 8 (8,675 ) (11,566 )
NET ASSETS 176,238 214,235

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 176,138 214,135
SHAREHOLDERS' FUNDS 176,238 214,235

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

P Little Groundworks Limited (Registered number: 09193115)

Statement of Financial Position - continued
31 August 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 director and authorised for issue on 24 March 2025 and were signed by:





P G Little - Director


P Little Groundworks Limited (Registered number: 09193115)

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

1. STATUTORY INFORMATION

P Little 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. 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.

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts that the directors feel need to be brought to the attention of users of these accounts.

Turnover
Revenue 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Financial instruments
Basic financial instruments comprising debtors, bank and cash balances are recorded at fair value.

P Little Groundworks Limited (Registered number: 09193115)

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

2. ACCOUNTING POLICIES - continued

Functional currency
The functional currency used by the company is £ Sterling.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023
and 31 August 2024 50,290 57,055 2,212 109,557
DEPRECIATION
At 1 September 2023 25,700 21,047 1,934 48,681
Charge for year 6,147 9,002 69 15,218
At 31 August 2024 31,847 30,049 2,003 63,899
NET BOOK VALUE
At 31 August 2024 18,443 27,006 209 45,658
At 31 August 2023 24,590 36,008 278 60,876


5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 8,192 58,898
CIS tax - 1,389
VAT 6,026 1,904
Prepayments 1,280 856
15,498 63,047

Amounts falling due after more than one year:
Directors' loan accounts 40,107 -

Aggregate amounts 55,605 63,047

P Little Groundworks Limited (Registered number: 09193115)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,417 4,912
Trade creditors 2,052 5,616
Tax 3,506 24,275
Social security and other taxes 2,317 -
Other creditors 13,503 -
Accrued expenses 1,800 1,300
28,595 36,103

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 3,918 9,335
Directors' loan accounts - 875
3,918 10,210

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,675 11,566

Deferred
tax
£   
Balance at 1 September 2023 11,566
Provided during year (2,891 )
Balance at 31 August 2024 8,675

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 A Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 September 2023 214,135
Profit for the year 2,003
Dividends (40,000 )
At 31 August 2024 176,138