REGISTERED NUMBER: 06794779 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

ADS GROUNDWORKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A. Smith

S. Smith

D. G. Smith

SECRETARY:

A. Smith

REGISTERED OFFICE:

Victoria House

50 Alexandra Street

Southend-on-Sea

Essex

SS1 1BN

REGISTERED NUMBER:

06794779 (England and Wales)

ACCOUNTANTS:

Barnard Mountstephens Childs Limited

Chartered Certified Accountants

Victoria House

50 Alexandra Street

Southend-on-Sea

Essex

SS1 1BN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

553,753

638,585

553,753

638,585

CURRENT ASSETS

Stocks

428,140

375,499

Debtors

6

532,952

929,388

Cash at bank

922,909

1,098,055

1,884,001

2,402,942

CREDITORS

Amounts falling due within one year

7

655,180

782,501

NET CURRENT ASSETS

1,228,821

1,620,441

TOTAL ASSETS LESS CURRENT LIABILITIES

1,782,574

2,259,026

CREDITORS

Amounts falling due after more than one year

8

(4,170

)

-

PROVISIONS FOR LIABILITIES

(99,800

)

(115,500

)

NET ASSETS

1,678,604

2,143,526

CAPITAL AND RESERVES

Called up share capital

10

3

3

Retained earnings

1,678,601

2,143,523

SHAREHOLDERS' FUNDS

1,678,604

2,143,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2025 and were signed on its behalf by:

A. Smith - Director

1.	STATUTORY INFORMATION

ADS 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, 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.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Office equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

28,500

AMORTISATION

At 1 April 2024

and 31 March 2025

28,500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Office

Motor

property

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

146,242

1,205,962

8,470

167,076

1,527,750

Additions

-

64,692

-

-

64,692

Disposals

-

(93,700

)

(2,652

)

-

(96,352

)

At 31 March 2025

146,242

1,176,954

5,818

167,076

1,496,090

DEPRECIATION

At 1 April 2024

18,606

762,876

4,164

103,519

889,165

Charge for year

3,425

114,268

646

15,889

134,228

Eliminated on disposal

-

(79,445

)

(1,611

)

-

(81,056

)

At 31 March 2025

22,031

797,699

3,199

119,408

942,337

NET BOOK VALUE

At 31 March 2025

124,211

379,255

2,619

47,668

553,753

At 31 March 2024

127,636

443,086

4,306

63,557

638,585

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

494,724

886,912

VAT

32,684

37,229

Prepayments

5,544

5,247

532,952

929,388

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

28,407

14,866

Trade creditors

450,013

419,260

Corporation tax

78

52,873

Social security and other taxes

17,703

16,331

Directors' current accounts

2,602

128

Accrued expenses

156,377

279,043

655,180

782,501

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

4,170

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Hire purchase contracts

32,577

14,866

The hire purchase liabilities are secured against the relevant assets purchased.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

300

Ordinary shares

1p

3

3