Fisher Brown Groundworks Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Fisher Brown Groundworks Limited

Company Information

Director	Mr Alexander Anthony Edward Fisher

Registered office

30 Lucastes Lane Haywards Heath West Sussex RH16 1LF

Accountants

Lucraft Hodgson & Dawes LLP Ground Floor 19 New Road Brighton East Sussex BN1 1UF

Fisher Brown Groundworks Limited

(Registration number: 10424569)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	4	6,735	8,746
Current assets
Debtors	5	80,220	42,778
Cash at bank and in hand		10,825	505
		91,045	43,283
Creditors: Amounts falling due within one year	6	(61,274)	(62,449)
Net current assets/(liabilities)		29,771	(19,166)
Total assets less current liabilities		36,506	(10,420)
Provisions for liabilities		(1,785)	(2,178)
Net assets/(liabilities)		34,721	(12,598)
Capital and Reserves
Called up share capital		100	100
Retained Earnings		34,621	(12,698)
Shareholders' funds/(deficit)		34,721	(12,598)

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.

Approved and authorised by the director on 22 December 2025
 

......................................... Mr Alexander Anthony Edward Fisher Director

Fisher Brown Groundworks Limited

Notes to the Unaudited 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 and Wales.

The address of its registered office is:
30 Lucastes Lane
Haywards Heath
West Sussex
RH16 1LF

These financial statements were authorised for issue by the director on 22 December 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 presented in Sterling, which is the functional currency of the company.

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.

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 income 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.

Fisher Brown Groundworks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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	25% reducing balance
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fisher Brown Groundworks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:

	2025  No.	2024  No.
Administration and support	1	1
	1	1

Fisher Brown Groundworks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible Assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	673	25,695	14,940	41,308
Additions	-	-	336	336
At 31 March 2025	673	25,695	15,276	41,644
Depreciation
At 1 April 2024	223	20,739	11,601	32,563
Charge for the year	222	1,239	885	2,346
At 31 March 2025	445	21,978	12,486	34,909
Carrying amount
At 31 March 2025	228	3,717	2,790	6,735
At 31 March 2024	451	4,956	3,339	8,746

5

Debtors

Current	2025 £	2024 £
Trade Debtors	14,846	21,360
Other debtors	65,374	21,418
	80,220	42,778

Fisher Brown Groundworks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade Creditors	488	12,769
Taxation and social security	24,684	19,082
Accruals and deferred income	2,500	3,162
Other creditors	33,602	27,436
	61,274	62,449

7	Related party transactions

Loans to related parties

2025	Key management £	Total £
At start of period	17,418	17,418
Advanced	53,065	53,065
Repaid	(17,418)	(17,418)
At end of period	53,065	53,065

2024	Key management £	Total £
Advanced	17,418	17,418
At end of period	17,418	17,418

Terms of loans to related parties

During the year the company provided the director with a loan. The loan is unsecured and repayable on demand. Interest was charged at the official rate.
 

Fisher Brown Groundworks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Loans from related parties

2024	Key management £	Total £
At start of period	4,807	4,807
Repaid	(4,807)	(4,807)
At end of period	-	-

Terms of loans from related parties

During the year the director provided the company with a loan to assist with the provision of working capital. The loan is interest free, unsecured and repayable on demand.