REGISTERED NUMBER: 08245071 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GHJ GROUNDWORKS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

Mrs K M Macey

REGISTERED OFFICE:

St. Johns House

Castle Street

Taunton

Somerset

TA1 4AY

REGISTERED NUMBER:

08245071 (England and Wales)

ACCOUNTANTS:

Mitchells Chartered Accountants

St. John's House,

Castle Street,

Taunton

Somerset

TA1 4AY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

646,635

688,100

646,635

688,100

CURRENT ASSETS

Debtors

6

22,682

93,175

Cash at bank and in hand

5,675

2,404

28,357

95,579

CREDITORS

Amounts falling due within one year

7

432,087

452,678

NET CURRENT LIABILITIES

(403,730

)

(357,099

)

TOTAL ASSETS LESS CURRENT LIABILITIES

242,905

331,001

CREDITORS

Amounts falling due after more than one year

8

(224,551

)

(248,929

)

PROVISIONS FOR LIABILITIES

-

(47,188

)

NET ASSETS

18,354

34,884

CAPITAL AND RESERVES

Called up share capital

600

600

Retained earnings

9

17,754

34,284

SHAREHOLDERS' FUNDS

18,354

34,884

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 her 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 23 September 2025 and were signed by:

Mrs K M Macey - Director

1.	STATUTORY INFORMATION

GHJ Groundworks Ltd 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

BPS Entitlements are being amortised evenly over their estimated useful life of nil years.

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 etc

-

15% on cost and 10% 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

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 NIL (2023 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

23,001

AMORTISATION

At 1 January 2024

and 31 December 2024

23,001

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 January 2024

322,549

680,620

1,003,169

Additions

44,901

43,110

88,011

At 31 December 2024

367,450

723,730

1,091,180

DEPRECIATION

At 1 January 2024

55,793

259,276

315,069

Charge for year

31,166

98,310

129,476

At 31 December 2024

86,959

357,586

444,545

NET BOOK VALUE

At 31 December 2024

280,491

366,144

646,635

At 31 December 2023

266,756

421,344

688,100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

4,674

93,175

Other debtors

18,008

-

22,682

93,175

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

64,402

52,091

Trade creditors

8,074

93,794

Amounts owed to participating interests

359,611

305,205

Taxation and social security

-

1,588

432,087

452,678

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

224,551

248,929

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

25,919

55,858

9.

RESERVES

Retained

earnings

£

At 1 January 2024

34,284

Deficit for the year

(16,530

)

At 31 December 2024

17,754

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GHJ Groundworks Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of GHJ Groundworks Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GHJ Groundworks Ltd and state those matters that we have agreed to state to the director of GHJ Groundworks Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GHJ Groundworks Ltd and its director for our work or for this report.

It is your duty to ensure that GHJ Groundworks Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of GHJ Groundworks Ltd. You consider that GHJ Groundworks Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of GHJ Groundworks Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchells Chartered Accountants

St. John's House,

Castle Street,

Taunton

Somerset

TA1 4AY

23 September 2025