Company Registration No. 12870223 (England and Wales)
TEM Groundworks Ltd
Unaudited accounts
for the year ended 30 September 2024
TEM Groundworks Ltd
Unaudited accounts
Contents
TEM Groundworks Ltd
Company Information
for the year ended 30 September 2024
Company Number
12870223 (England and Wales)
Registered Office
C/O BATESONS 2 STATHAM COURT
STATHAM STREET
MACCLESFIELD
CHESHIRE
SK11 6XN
ENGLAND
Accountants
Batesons
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
TEM Groundworks Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
69,040
39,827
Cash at bank and in hand
2,672
1,518
Creditors: amounts falling due within one year
(71,783)
(90,467)
Net current assets
60,091
58,138
Total assets less current liabilities
129,131
97,965
Provisions for liabilities
Deferred tax
(11,720)
(6,141)
Called up share capital
100
100
Profit and loss account
117,311
91,724
Shareholders' funds
117,411
91,824
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 June 2025 and were signed on its behalf by
Thomas Moss
Director
Company Registration No. 12870223
TEM Groundworks Ltd
Notes to the Accounts
for the year ended 30 September 2024
TEM Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 12870223. The registered office is C/O BATESONS 2 STATHAM COURT, STATHAM STREET, MACCLESFIELD, CHESHIRE, SK11 6XN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straightline Basis
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
15% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
TEM Groundworks Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
7,570
22,648
12,833
-
43,051
Additions
-
7,678
32,933
650
41,261
Disposals
-
(2,000)
(3,250)
-
(5,250)
At 30 September 2024
7,570
28,326
42,516
650
79,062
At 1 October 2023
63
1,445
1,716
-
3,224
Charge for the year
152
3,596
3,437
81
7,266
On disposals
-
(468)
-
-
(468)
At 30 September 2024
215
4,573
5,153
81
10,022
At 30 September 2024
7,355
23,753
37,363
569
69,040
At 30 September 2023
7,507
21,203
11,117
-
39,827
Amounts falling due within one year
Trade debtors
79,631
71,384
Other debtors
49,571
37,412
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
25,267
16,403
7
Deferred taxation
2024
2023
Accelerated capital allowances
11,720
6,141
Provision at start of year
6,141
1,411
Charged to the profit and loss account
5,579
4,730
Provision at end of year
11,720
6,141
TEM Groundworks Ltd
Notes to the Accounts
for the year ended 30 September 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
28,356
56,816
73,563
11,609
28,356
56,816
73,563
11,609
10
Transactions with related parties
At the Year End TEM Groundworks Ltd lent £26,681 to TEM Haulage Ltd a company wholly owned by Mr T Moss. This loan was made up as follows:
Opening loan balance (£71,365)
Bank transfers £98,046
Closing loan balance £26,681
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).