REGISTERED NUMBER: 07478084 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Aubrey J Madgwick Groundworks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A J Madgwick

SECRETARY:

Mrs H G Madgwick

REGISTERED OFFICE:

5 Mill Close

Denmead

Waterlooville

Hampshire

PO7 6PE

REGISTERED NUMBER:

07478084 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

FIXED ASSETS

Tangible assets

4

57,591

18,526

CURRENT ASSETS

Debtors

5

57,297

69,994

Cash at bank

170,069

77,357

227,366

147,351

CREDITORS

Amounts falling due within one year

6

70,307

36,471

NET CURRENT ASSETS

157,059

110,880

TOTAL ASSETS LESS CURRENT LIABILITIES

214,650

129,406

CREDITORS

Amounts falling due after more than one year

7

(13,974

)

-

PROVISIONS FOR LIABILITIES

(14,398

)

(4,631

)

NET ASSETS

186,278

124,775

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

186,276

124,773

SHAREHOLDERS' FUNDS

186,278

124,775

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Mr A J Madgwick - Director

1.	STATUTORY INFORMATION

Aubrey J Madgwick 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 represents net invoiced sale of services, excluding value added tax.

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 etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Taxation

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

102,158

Additions

49,000

At 31 December 2024

151,158

DEPRECIATION

At 1 January 2024

83,632

Charge for year

9,935

At 31 December 2024

93,567

NET BOOK VALUE

At 31 December 2024

57,591

At 31 December 2023

18,526

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

49,000

At 31 December 2024

49,000

DEPRECIATION

Charge for year

6,125

At 31 December 2024

6,125

NET BOOK VALUE

At 31 December 2024

42,875

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

29,408

28,746

Other debtors

27,889

41,248

57,297

69,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

23,684

-

Trade creditors

15,274

13,690

Taxation and social security

28,666

19,853

Other creditors

2,683

2,928

70,307

36,471

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

13,974

-