REGISTERED NUMBER: 12490850 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

GOODALL EXCAVATIONS LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

J Goodall

REGISTERED OFFICE:

Unit 7

Courtyard 31

Pontefract Road

Normanton

West Yorkshire

WF6 1JU

REGISTERED NUMBER:

12490850 (England and Wales)

ACCOUNTANTS:

Smith Turner Chartered Accountants

Unit 7, Courtyard 31

Pontefract Road

Normanton

WF6 1JU

FIXED ASSETS

Tangible assets

4

277,166

217,251

CURRENT ASSETS

Stocks

16,675

-

Debtors

5

4,236

28,332

Cash at bank

9,227

16,695

30,138

45,027

CREDITORS

Amounts falling due within one year

6

(102,910

)

(72,500

)

NET CURRENT LIABILITIES

(72,772

)

(27,473

)

TOTAL ASSETS LESS CURRENT LIABILITIES

204,394

189,778

CREDITORS

Amounts falling due after more than one year

7

(72,284

)

(69,917

)

PROVISIONS FOR LIABILITIES

(50,744

)

(41,278

)

NET ASSETS

81,366

78,583

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

81,266

78,483

81,366

78,583

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

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

The financial statements were approved by the director and authorised for issue on 16th December 2025 and were signed by:

J Goodall - Director

1.	STATUTORY INFORMATION

Goodall Excavations 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.

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 etc

-

25% on reducing balance and 20% on reducing balance

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 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

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 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

316,495

Additions

117,400

At 31st March 2025

433,895

DEPRECIATION

At 1st April 2024

99,244

Charge for year

57,485

At 31st March 2025

156,729

NET BOOK VALUE

At 31st March 2025

277,166

At 31st March 2024

217,251

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

Plant and

machinery

etc

£

COST

At 1st April 2024

194,750

Additions

117,400

At 31st March 2025

312,150

DEPRECIATION

At 1st April 2024

55,646

Charge for year

35,821

At 31st March 2025

91,467

NET BOOK VALUE

At 31st March 2025

220,683

At 31st March 2024

139,104

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

4,236

24,212

Other debtors

-

4,120

4,236

28,332

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

42,633

57,194

Trade creditors

17,715

11,814

Taxation and social security

1,682

-

Other creditors

40,880

3,492

102,910

72,500

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

72,284

69,917

8.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £36,584 due to the director of the company. No interest is being charged on this amount and there are no fixed terms for repayment.