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REGISTERED NUMBER: 08091242 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

NBD Groundworks Limited

NBD Groundworks Limited (Registered number: 08091242)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NBD Groundworks Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr G May





REGISTERED OFFICE: HMH House
8 Falcon Court
Preston Farm
Stockton On Tees
TS18 3TS





REGISTERED NUMBER: 08091242 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

NBD Groundworks Limited (Registered number: 08091242)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £ £ £
FIXED ASSETS
Tangible assets 4 5,440 6,800

CURRENT ASSETS
Stocks - 60,000
Debtors 5 366,559 170,698
Cash at bank 390,847 230,174
757,406 460,872
CREDITORS
Amounts falling due within one year 6 137,207 34,306
NET CURRENT ASSETS 620,199 426,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

625,639

433,366

CAPITAL AND RESERVES
Called up share capital 4 4
Capital redemption reserve 2 2
Retained earnings 625,633 433,360
625,639 433,366

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

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

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 has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2025 and were signed by:





Mr G May - Director


NBD Groundworks Limited (Registered number: 08091242)

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

1. STATUTORY INFORMATION

NBD 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.

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.
Plant and machinery etc - 20% 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 stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.
Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

3. EMPLOYEES AND DIRECTORS

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

NBD Groundworks Limited (Registered number: 08091242)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2024
and 31 December 2024 8,500
DEPRECIATION
At 1 January 2024 1,700
Charge for year 1,360
At 31 December 2024 3,060
NET BOOK VALUE
At 31 December 2024 5,440
At 31 December 2023 6,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£ £
Trade debtors 217,672 155,633
Other debtors 148,887 15,065
366,559 170,698

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£ £
Trade creditors 105,282 27,552
Taxation and social security 12,058 3,754
Other creditors 19,867 3,000
137,207 34,306