04957400falsethat of groundwork contractors2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04957400
MAC Groundwork Contractors Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
MJ Accountancy Ltd
Suites 2 & 3 Bow Street Chambers
1/2 Bow Street
Rugeley
Staffordshire
WS15 2BT
MAC Groundwork Contractors Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Mark Crutchley
Stuart Hoptroff
SECRETARY
Kerry Ann Crutchley
REGISTERED OFFICE
Offices 2 & 3
Bow Street Chambers
Rugeley
Staffordshire
WS15 2BT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04957400
ACCOUNTANTS
MJ Accountancy Ltd
Suites 2 & 3 Bow Street Chambers
1/2 Bow Street
Rugeley
Staffordshire
WS15 2BT
MAC Groundwork Contractors Ltd
ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
MAC Groundwork Contractors Ltd
BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Intangible assets315,00015,000
Tangible assets4128,208155,322
143,208170,322
CURRENT ASSETS
Stock1,0001,000
Debtors61,466,7761,113,497
Cash at bank and in hand477,922490,015
1,945,6981,604,512
CREDITORS: Amounts falling due within one year71,756,5991,278,929
NET CURRENT ASSETS189,099325,583
TOTAL ASSETS LESS CURRENT LIABILITIES332,307495,905
CREDITORS: Amounts falling due after more than one year8127,492178,397
NET ASSETS204,815317,508
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account204,715317,408
SHAREHOLDERS' FUNDS204,815317,508
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/06/2025 and signed on their behalf by
.............................
Mark Crutchley
Director
MAC Groundwork Contractors Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and is not amortised.
MAC Groundwork Contractors Ltd
2. EMPLOYEES
20242023
No.No.
Average number of employees--
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/01/202415,00015,000
At 31/12/202415,00015,000
Depreciation
At 31/12/2024--
Net Book Amounts
At 31/12/202415,00015,000
At 31/12/202315,00015,000
4. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/01/2024140,746578,17223,29052,240794,448
Additions28,54019,1781,3342,29151,343
Disposals(16,650)(17,500)--(34,150)
At 31/12/2024152,636579,85024,62454,531811,641
Depreciation
At 01/01/202487,996487,09018,26045,780639,126
For the year16,61023,1901,5902,91744,307
At 31/12/2024104,606510,28019,85048,697683,433
Net Book Amounts
At 31/12/202448,03069,5704,7745,834128,208
At 31/12/202352,75091,0825,0306,460155,322
MAC Groundwork Contractors Ltd
5. STOCK 20242023
££
Stock comprises:
Stock1,0001,000
1,0001,000
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,411,0901,063,991
VAT50,53949,506
Prepayments5,147-
1,466,7761,113,497
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax137,14179,096
PAYE control29,18617,030
Hire purchase17,20123,373
Trade creditors400,458300,568
Pension schemes4,6663,395
Accruals8,2507,000
Deferred income180,000180,000
Amounts due to group companies979,697668,467
1,756,5991,278,929
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr45,46479,167
Hire purchase >1yr82,02899,230
127,492178,397
MAC Groundwork Contractors Ltd
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100