REGISTERED NUMBER: 11734121 (England and Wales)

B.R Day Groundworks Limited

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Day

C Day

REGISTERED OFFICE:

One New Street

Wells

Somerset

BA5 2LA

REGISTERED NUMBER:

11734121 (England and Wales)

ACCOUNTANTS:

Webb & Co Ltd

Accountants and Business Advisers

One New Street

Wells

Somerset

BA5 2LA

FIXED ASSETS

Intangible assets

4

609,838

677,598

Tangible assets

5

63,210

28,088

673,048

705,686

CURRENT ASSETS

Debtors

6

6,265

19,537

Cash at bank

359,454

318,216

365,719

337,753

CREDITORS

Amounts falling due within one year

7

210,644

248,906

NET CURRENT ASSETS

155,075

88,847

TOTAL ASSETS LESS CURRENT LIABILITIES

828,123

794,533

CREDITORS

Amounts falling due after more than one year

8

(4,167

)

(24,167

)

PROVISIONS FOR LIABILITIES

(15,803

)

(7,022

)

NET ASSETS

808,153

763,344

CAPITAL AND RESERVES

Called up share capital

9

482,898

494,898

Capital redemption reserve

183,000

171,000

Retained earnings

142,255

97,446

SHAREHOLDERS' FUNDS

808,153

763,344

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 directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

B Day - Director

C Day - Director

1.	STATUTORY INFORMATION

B.R Day 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, excluding VAT and other similar sales taxes. Where services are provided over a period of time, turnover is recognised in proportion to the stage of completion of the service, which is determined based on an assessment of the work completed at the reporting date.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

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.

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

-

25% on cost and 20% on cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

677,598

AMORTISATION

Amortisation for year

67,760

At 31 December 2024

67,760

NET BOOK VALUE

At 31 December 2024

609,838

At 31 December 2023

677,598

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

121,340

67,205

188,545

Additions

19,407

52,050

71,457

Disposals

-

(20,095

)

(20,095

)

At 31 December 2024

140,747

99,160

239,907

DEPRECIATION

At 1 January 2024

107,124

53,333

160,457

Charge for year

15,450

19,011

34,461

Eliminated on disposal

-

(18,221

)

(18,221

)

At 31 December 2024

122,574

54,123

176,697

NET BOOK VALUE

At 31 December 2024

18,173

45,037

63,210

At 31 December 2023

14,216

13,872

28,088

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,265

19,537

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

-

Trade creditors

-

150

Taxation and social security

50,529

58,611

Other creditors

150,115

190,145

210,644

248,906

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,167

24,167

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

90

Ordinary A

£1

90

90

10

Ordinary B

£1

10

10

494,798

Redeemable preference

£1

482,798

494,798

482,898

494,898

The Redeemable Preference Shares are redeemable at the option of the Company or Holder between 31 December 2019 and 2079. They are redeemable at £1 per share and carry one vote in any circumstance.

10.	FIRST YEAR ADOPTION

Reconciliation of Equity

31.12.23

£

Equity as reported under FRS105

770,366

Deferred Tax Adjustment

(7,022)

Equity as reported under FRS102

763,344