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REGISTERED NUMBER: 09822072 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

HOLDERNESS GROUNDWORKS & PAVING LIMITED

HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOLDERNESS GROUNDWORKS & PAVING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: T Holderness





REGISTERED OFFICE: Land at Canal Side
Cowling Brow
Chorley
Lancashire
PR6 0QL





REGISTERED NUMBER: 09822072 (England and Wales)





ACCOUNTANTS: Streets Turner Limited
Chartered Accountants
9 Victoria Rd
Fulwood
Preston
Lancashire
PR2 8ND

HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 121,391 110,838

CURRENT ASSETS
Debtors 5 686,086 843,440
Cash at bank 26,133 68,043
712,219 911,483
CREDITORS
Amounts falling due within one year 6 248,035 287,160
NET CURRENT ASSETS 464,184 624,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

585,575

735,161

PROVISIONS FOR LIABILITIES 7 30,348 24,958
NET ASSETS 555,227 710,203

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 555,127 710,103
SHAREHOLDERS' FUNDS 555,227 710,203

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

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

HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

BALANCE SHEET - continued
31 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 June 2025 and were signed by:





T Holderness - Director


HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Holderness Groundworks & Paving 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.

These financial statements have been prepared on a Going Concern basis. The director, who is the shareholder and the major creditor, has committed to not withdrawing support for the company for a period of at least twelve months from the date of these financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 231,650 1,162 44,470 1,598 278,880
Additions 23,583 7,430 10,000 - 41,013
At 31 October 2024 255,233 8,592 54,470 1,598 319,893
DEPRECIATION
At 1 November 2023 124,869 393 41,821 959 168,042
Charge for year 24,855 1,178 4,107 320 30,460
At 31 October 2024 149,724 1,571 45,928 1,279 198,502
NET BOOK VALUE
At 31 October 2024 105,509 7,021 8,542 319 121,391
At 31 October 2023 106,781 769 2,649 639 110,838

HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 November 2023
and 31 October 2024 84,500
DEPRECIATION
At 1 November 2023 41,236
Charge for year 8,653
At 31 October 2024 49,889
NET BOOK VALUE
At 31 October 2024 34,611
At 31 October 2023 43,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 464,922 711,008
Amounts owed by group undertakings 169,448 85,343
Other debtors 51,716 47,089
686,086 843,440

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 10,278
Trade creditors 96,830 86,804
Taxation and social security 78,847 189,719
Other creditors 72,358 359
248,035 287,160

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 30,348 24,958

Deferred
tax
£   
Balance at 1 November 2023 24,958
Provided during year 5,390
Balance at 31 October 2024 30,348

HOLDERNESS GROUNDWORKS & PAVING LIMITED (REGISTERED NUMBER: 09822072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


8. CALLED UP SHARE CAPITAL

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

9. ULTIMATE CONTROLLING PARTY

The controlling party is Holderness Holding Limited.

The ultimate controlling party is T Holderness.