REGISTERED NUMBER: 06312978 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

D C N GROUNDWORKS LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr D. C. Noton

REGISTERED OFFICE:

7 Brigsley Road

Waltham

GRIMSBY

DN37 0JX

REGISTERED NUMBER:

06312978 (England and Wales)

ACCOUNTANTS:

Smethurst & Co

12 Abbey Road

GRIMSBY

DN32 0HL

BANKERS:

Barclays Bank plc

Town Hall

Town Hall Sq

Grimsby

DN31 1HX

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

Mr D. C. Noton held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr D. C. Noton - Director

21 November 2025

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

145,285

131,122

145,285

131,122

CURRENT ASSETS

Stocks

6

63,980

35,125

Debtors

7

377,523

481,854

Cash at bank

238,060

117,742

679,563

634,721

CREDITORS

Amounts falling due within one year

8

195,835

196,813

NET CURRENT ASSETS

483,728

437,908

TOTAL ASSETS LESS CURRENT LIABILITIES

629,013

569,030

CREDITORS

Amounts falling due after more than one year

9

(6,307

)

(2,695

)

PROVISIONS FOR LIABILITIES

(36,321

)

(32,780

)

NET ASSETS

586,385

533,555

CAPITAL AND RESERVES

Allotted, called up and

fully paid share capital

100

100

Profit and loss account

586,285

533,455

586,385

533,555

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2025 and were signed by:

Mr D. C. Noton - Director

1.	STATUTORY INFORMATION

D C N 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 discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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

-

25% Straight Line

Motor vehicles

-

25% Straight Line

Computer equipment

-

33% Straight Line

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

8,500

AMORTISATION

At 1 April 2024

and 31 March 2025

8,500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

196,439

67,745

390

264,574

Additions

57,596

39,192

916

97,704

Disposals

-

(22,150

)

-

(22,150

)

At 31 March 2025

254,035

84,787

1,306

340,128

DEPRECIATION

At 1 April 2024

88,737

44,325

390

133,452

Charge for year

54,263

20,541

277

75,081

Eliminated on disposal

-

(13,690

)

-

(13,690

)

At 31 March 2025

143,000

51,176

667

194,843

NET BOOK VALUE

At 31 March 2025

111,035

33,611

639

145,285

At 31 March 2024

107,702

23,420

-

131,122

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

Motor

vehicles

£

COST

At 1 April 2024

26,495

Additions

31,892

At 31 March 2025

58,387

DEPRECIATION

At 1 April 2024

15,862

Charge for year

13,942

At 31 March 2025

29,804

NET BOOK VALUE

At 31 March 2025

28,583

At 31 March 2024

10,633

6.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

63,980

35,125

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

18,950

131,000

Other debtors

358,573

350,854

377,523

481,854

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

21,100

-

Hire purchase contracts

7,474

3,891

Trade creditors

60,926

73,783

Taxation and social security

101,681

115,001

Other creditors

4,654

4,138

195,835

196,813

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

6,307

2,695

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr D. C. Noton

Balance outstanding at start of year

194,022

124,344

Amounts advanced

32,183

69,678

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

226,205

194,022