REGISTERED NUMBER: 13710056 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Biker Group Groundworks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B R Biker

M A Biker

S J J Biker

H M Pearson

D K Phipps

REGISTERED OFFICE:

Moor Park

Moor Road

Leyburn

North Yorkshire

DL8 5LA

REGISTERED NUMBER:

13710056 (England and Wales)

SENIOR STATUTORY AUDITOR:

Kevin Shotton BA BFP FCA

AUDITORS:

Clive Owen LLP

Chartered Accountants

& Statutory Auditors

140 Coniscliffe Road

Darlington

County Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

89,772

40,852

CURRENT ASSETS

Stocks

5

271,822

177,175

Debtors

6

7,545,694

4,817,483

7,817,516

4,994,658

CREDITORS

Amounts falling due within one year

7

(6,270,038

)

(3,964,302

)

NET CURRENT ASSETS

1,547,478

1,030,356

TOTAL ASSETS LESS CURRENT LIABILITIES

1,637,250

1,071,208

CREDITORS

Amounts falling due after more than one year

8

(36,182

)

-

PROVISIONS FOR LIABILITIES

11

(19,166

)

(6,981

)

NET ASSETS

1,581,902

1,064,227

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

1,581,802

1,064,127

SHAREHOLDERS' FUNDS

1,581,902

1,064,227

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

B R Biker - Director

1.	STATUTORY INFORMATION

Biker Group 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 1A 'Small Entities' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Any related party transactions were on commercial terms.

Turnover

Turnover is measured at fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue from the rendering of services.

Income Recognition

Turnover from rendering of services is recognised by reference to the stage of completion.

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

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Stocks

Stock is valued at the lower of cost and estimated selling price less costs to sell after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and appropriate proportion of fixed and variable overheads.

Stock is measured on a first in first out basis.

Work in progress

Work in progress is measured based on valuation of works complete to the year end date.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

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

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 46 (2023 - 42 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

25,915

22,988

6,277

55,180

Additions

-

3,456

60,805

64,261

At 31 December 2024

25,915

26,444

67,082

119,441

DEPRECIATION

At 1 January 2024

5,319

6,749

2,260

14,328

Charge for year

2,223

3,499

9,619

15,341

At 31 December 2024

7,542

10,248

11,879

29,669

NET BOOK VALUE

At 31 December 2024

18,373

16,196

55,203

89,772

At 31 December 2023

20,596

16,239

4,017

40,852

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

Motor

vehicles

£

COST

Additions

60,805

At 31 December 2024

60,805

DEPRECIATION

Charge for year

8,615

At 31 December 2024

8,615

NET BOOK VALUE

At 31 December 2024

52,190

5.

STOCKS

2024

2023

£

£

Stocks

113,271

177,175

Work-in-progress

158,551

-

271,822

177,175

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,676,884

1,414,550

Amounts owed by group undertakings

5,707,971

3,278,225

Other debtors

160,839

124,708

7,545,694

4,817,483

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

469,224

378,758

Hire purchase contracts (see note 9)

11,756

-

Trade creditors

655,451

797,504

Amounts owed to group undertakings

4,456,245

2,592,693

Taxation and social security

243,718

35,333

Other creditors

250,911

40,518

Accruals and deferred income

182,733

119,496

6,270,038

3,964,302

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 9)

36,182

-

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2024

2023

£

£

Net obligations repayable:

Within one year

11,756

-

Between one and five years

36,182

-

47,938

-

Non-cancellable

operating leases

2024

2023

£

£

Within one year

37,800

45,861

Between one and five years

24,544

50,863

62,344

96,724

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase

47,938

-

The hire purchase creditors are secured against the assets on which they relate.

11.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

19,166

6,981

Deferred

tax

£

Balance at 1 January 2024

6,981

Accelerated capital allowances

12,185

Balance at 31 December 2024

19,166

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shotton BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Clive Owen LLP

14.	CONTINGENT LIABILITIES

The company has a £1,000,000 group overdraft arrangement held with Biker Group Concrete Ltd, , AWB Autos Limited, Biker Group Haulage and Aggregates Ltd, Biker Group Construction Ltd, Biker Group Holdings Ltd and Biker Bespoke Ltd. As at the year end the group facility is not overdrawn.

15.	ULTIMATE PARENT COMPANY

The ultimate parent company is Biker Group Holdings Limited, a company registered in England and Wales, The registered office is Moor Park, Moor Road, Leyburn, North Yorkshire, DL8 5LA.