Company Registration No. 06956861 (England and Wales)
Pridelord Groundworks Limited
Unaudited accounts
for the year ended 31 March 2025
Pridelord Groundworks Limited
Unaudited accounts
Contents
Pridelord Groundworks Limited
Company Information
for the year ended 31 March 2025
Company Number
06956861 (England and Wales)
Registered Office
16 Bridge Street
Hungerford
Berkshire
RG17 0EG
England
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED
16 BRIDGE STREET
HUNGERFORD
BERKSHIRE
RG17 0EG
Pridelord Groundworks Limited
Statement of financial position
as at 31 March 2025
Tangible assets
37,903
39,301
Cash at bank and in hand
260,408
557,859
Creditors: amounts falling due within one year
(198,918)
(258,705)
Net current assets
395,221
497,872
Net assets
433,124
537,173
Called up share capital
1
1
Capital redemption reserve
1
1
Profit and loss account
433,122
537,171
Shareholders' funds
433,124
537,173
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 October 2025 and were signed on its behalf by
BARRY SWEENEY
Director
Company Registration No. 06956861
Pridelord Groundworks Limited
Notes to the Accounts
for the year ended 31 March 2025
Pridelord Groundworks Limited is a private company, limited by shares, registered in England and Wales, registration number 06956861. The registered office is 16 Bridge Street, Hungerford, Berkshire, RG17 0EG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
Motor vehicles
25% reducing balance basis
Computer equipment
20% straight line basis
Pridelord Groundworks Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
63,304
38,992
2,632
104,928
Additions
-
9,995
69
10,064
At 31 March 2025
63,304
48,987
2,701
114,992
At 1 April 2024
39,301
24,502
1,824
65,627
Charge for the year
4,801
6,121
540
11,462
At 31 March 2025
44,102
30,623
2,364
77,089
At 31 March 2025
19,202
18,364
337
37,903
At 31 March 2024
24,003
14,490
808
39,301
Amounts falling due within one year
Trade debtors
250,882
112,588
Accrued income and prepayments
17,249
1,498
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
173,194
136,170
Taxes and social security
16,984
18,337
Loans from directors
6,794
100,588
7
Average number of employees
During the year the average number of employees was 5 (2024: 5).