Registered number
08037354
Ben Carter Paving & Groundworks Ltd
Filleted Accounts
30 April 2025
Ben Carter Paving & Groundworks Ltd
Registered number: 08037354
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 26,065 31,653
Current assets
Debtors 5 84,638 33,160
Cash at bank and in hand 27,134 48,774
111,772 81,934
Creditors: amounts falling due within one year 6 (40,326) (38,747)
Net current assets 71,446 43,187
Total assets less current liabilities 97,511 74,840
Provisions for liabilities (6,516) (7,913)
Net assets 90,995 66,927
Capital and reserves
Called up share capital 100 100
Profit and loss account 90,895 66,827
Shareholders' funds 90,995 66,927
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Ben Carter
Director
Approved by the board on 7 May 2025
Ben Carter Paving & Groundworks Ltd
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% Reducing Balance
Motor vehicles 25% Reducing Balance
Computer equipment 3 Years Straight Line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 May 2024 10,000
At 30 April 2025 10,000
Amortisation
At 1 May 2024 10,000
At 30 April 2025 10,000
Net book value
At 30 April 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery Motor vehicles Computer equipment Total
£ £ £ £
Cost
At 1 May 2024 48,480 46,411 1,844 96,735
Additions 2,299 - 770 3,069
Disposals - (20,050) - (20,050)
At 30 April 2025 50,779 26,361 2,614 79,754
Depreciation
At 1 May 2024 31,303 31,963 1,816 65,082
Charge for the year 3,742 3,336 198 7,276
On disposals - (18,669) - (18,669)
At 30 April 2025 35,045 16,630 2,014 53,689
Net book value
At 30 April 2025 15,734 9,731 600 26,065
At 30 April 2024 17,177 14,448 28 31,653
5 Debtors 2025 2024
£ £
Other debtors 84,638 33,160
6 Creditors: amounts falling due within one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts - 2,248
Trade creditors 2,866 3,898
Taxation and social security costs 24,667 19,704
Other creditors 12,793 12,897
40,326 38,747
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr Ben Carter
Unsecured and interest-free 33,160 82,764 (33,160) 82,764
33,160 82,764 (33,160) 82,764
8 Other information
Ben Carter Paving & Groundworks Ltd is a private company limited by shares and incorporated in England. Its registered office is:
5B Sunrise Business Park
Higher Shaftesbury Road
Blandford Forum
Dorset
DT11 8ST
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