Company Registration number: 09538300

Paul Douglas General Building & Groundworks Limited

Contents

Pages

Balance sheet	1 to 2
Notes to the financial statements	3 to 7

Paul Douglas General Building & Groundworks Limited

Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	340,440	359,704
Investments	5	2	2
		340,442	359,706
Current assets
Stocks	6	4,275	6,000
Debtors	7	122,152	65,154
Cash at bank and in hand		86,783	207,541
		213,210	278,695
Creditors: Amounts falling due within one year	8	(69,407)	(83,316)
Net current assets		143,803	195,379
Total assets less current liabilities		484,245	555,085
Creditors: Amounts falling due after more than one year	8	(5,110)	(5,000)
Provisions for liabilities		(65,448)	(95,322)
Net assets		413,687	454,763
Capital and reserves
Called up share capital		100	100
Retained earnings		413,587	454,663
Shareholders' funds		413,687	454,763

Paul Douglas General Building & Groundworks Limited

Balance Sheet as at 31 March 2025 (continued)

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Company registration number: 09538300

Approved and authorised by the director on 19 November 2025
 

......................................... Mr P W Douglas Director

Paul Douglas General Building & Groundworks Limited

Notes to the financial statements for the Year Ended 31 March 2025

1	GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
David Allen
Dalmar House
Barras Lane Estate
Dalston
Carlisle
CA5 7NY

These financial statements were authorised for issue by the director on 19 November 2025.

2	ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Paul Douglas General Building & Groundworks Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
 

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing Balance
Motor vehicles	20% Reducing Balance

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Paul Douglas General Building & Groundworks Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of outstanding lease liability using effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on remaining balance of liability.

Operating lease payments are recognised as an expense over lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over lease term, on a straight-line basis.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
 Recognition and measurement
Basic financial instruments are initially recognised at the transaction price.
 Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3	STAFF NUMBERS

The average number of persons employed by the company (including the director) during the year, was 8 (2024 - 8).

Paul Douglas General Building & Groundworks Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

4	TANGIBLE ASSETS

	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	111,348	512,921	624,269
Additions	87,099	-	87,099
Disposals	(31,923)	(29,000)	(60,923)
At 31 March 2025	166,524	483,921	650,445
Depreciation
At 1 April 2024	53,052	211,511	264,563
Charge for the year	25,401	42,147	67,548
Eliminated on disposal	(13,535)	(8,571)	(22,106)
At 31 March 2025	64,918	245,087	310,005
Carrying amount
At 31 March 2025	101,606	238,834	340,440
At 31 March 2024	58,296	301,408	359,704

5	INVESTMENTS

	2025 £	2024 £
Investments in subsidiaries	2	2