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REGISTERED NUMBER: 12871291 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Citypave Groundworks Ltd

Citypave Groundworks Ltd (Registered number: 12871291)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Balance Sheet 1

Notes to the Financial Statements 3


Citypave Groundworks Ltd (Registered number: 12871291)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 4 225,003 64,813

Current assets
Debtors 5 1,167,264 556,485
Cash at bank 90,453 287,923
1,257,717 844,408
Creditors: amounts falling due within
one year

6

347,022

268,660
Net current assets 910,695 575,748
Total assets less current liabilities 1,135,698 640,561

Creditors: amounts falling due after
more than one year

7

(32,667

)

-

Provisions for liabilities (56,074 ) (13,437 )
Net assets 1,046,957 627,124

Capital and reserves
Called up share capital 9 100 100
Retained earnings 1,046,857 627,024
Shareholders' funds 1,046,957 627,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Citypave Groundworks Ltd (Registered number: 12871291)

Balance Sheet - continued
28 February 2025


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 25 June 2025 and were signed by:





J R Nash - Director


Citypave Groundworks Ltd (Registered number: 12871291)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. Statutory information

Citypave Groundworks Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12871291

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents
amounts receivable for goods supplied and services rendered, stated net of discounts and of Value
Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of
the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can
be measured reliably, it is probable that the associated economic benefits will flow to the entity, and
the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Where the outcome of construction contracts can be reliably estimated, contract revenue and contract
costs are recognised by reference to the stage of completion of the contract activity as at the period
end.

Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to
the extent of contract costs incurred that it is probable will be recoverable, and contract costs are
recognised as an expense in the period in which they are incurred.
When it is probable that total contract costs will exceed total contract revenue, the expected loss is
expensed immediately, with a corresponding provision for an onerous contract being recognised.
Where the collectability of an amount already recognised as contract revenue is no longer probable,
the uncollectible amount is expensed rather than recognised as an adjustment to the amount of
contract revenue.

Citypave Groundworks Ltd (Registered number: 12871291)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. Accounting policies - continued

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 - 33% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated
impairment losses. Cost includes costs directly attributable to making the asset capable of operating
as intended.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement
constitutes a financing transaction, where it is recognised at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income and retained earningsStatement 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.

Citypave Groundworks Ltd (Registered number: 12871291)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 March 2024 21,896 5,236 74,412 12,037 113,581
Additions 21,522 915 203,541 2,476 228,454
Disposals (8,534 ) - (63,662 ) (4,543 ) (76,739 )
At 28 February 2025 34,884 6,151 214,291 9,970 265,296
Depreciation
At 1 March 2024 10,914 1,677 31,114 5,063 48,768
Charge for year 9,031 966 24,184 3,783 37,964
Eliminated on disposal (7,834 ) - (34,062 ) (4,543 ) (46,439 )
At 28 February 2025 12,111 2,643 21,236 4,303 40,293
Net book value
At 28 February 2025 22,773 3,508 193,055 5,667 225,003
At 29 February 2024 10,982 3,559 43,298 6,974 64,813

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 932,467 362,250
Other debtors 234,797 194,235
1,167,264 556,485

Citypave Groundworks Ltd (Registered number: 12871291)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Hire purchase contracts 10,468 -
Trade creditors 82,836 94,445
Taxation and social security 248,886 170,519
Other creditors 4,832 3,696
347,022 268,660

7. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Hire purchase contracts 32,667 -

8. Secured debts

Within creditors are secured liabilities totalling £43,135 (2024: £nil). These liabilities are secured on the specific fixed assets to which they relate.

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary 'A' 1 100 51
NIL Ordinary 'B' 1 - 49
100 100

10. Director's advances, credits and guarantees

During the year the company made advances of £104,040 (2024: £111,843) and credits of £188,157
(2024: £131,616) to the director with repayments received of £268,155 (2024: £234,700). The balance
owed to the company at the year end of £183,656 (2024: £159,614) is disclosed within debtors.
These advances are interest free and are repayable on demand.