Doocey Groundworks Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13213273

Doocey Groundworks Limited

Filleted Financial Statements

31 July 2025

Doocey Groundworks Limited

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Current assets

Stocks		–	9,308
Debtors	5	786,377	494,986
Cash at bank and in hand		10,090	122,784
		--------	--------
		796,467	627,078

Creditors: amounts falling due within one year	6	996,837		813,313
		--------		--------
Net current liabilities			200,370	186,235
			--------	--------
Total assets less current liabilities			( 200,370)	( 186,235)
			--------	--------

Capital and reserves

Profit and loss account	( 200,370)	( 186,235)
	--------	--------
Shareholders deficit	( 200,370)	( 186,235)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 24 April 2026 , and are signed on behalf of the board by:

M. A. Doocey

Director

Company registration number: 13213273

Doocey Groundworks Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares incorporated, registered and trading in England and Wales with company number 13213273 . The address of the registered office is The Old Stables, Watery Lane, Tipton, West Midlands, DY4 8NA, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.

Going concern

During the period the Directors have made the decision to cease operations, and therefore do not consider it appropriate to adopt the going concern basis when preparing this set of financial statements. As such, these statements have been prepared on a basis other than going concern and the following accounting policies have been applied where applicable: - non-current items reclassified as current; - assets restated to recoverable amount; - provisions created for unavoidable costs

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Doocey Holdings Limited which can be obtained from The Old Stables, Alexandra Road, Tipton, West Midlands DY4 8NA. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) Disclosures in respect of share-based payments have not been presented. (d) No disclosure has been given for the aggregate remuneration of key management personnel. As the company is a wholly owned subsidiary of a company whose consolidated accounts include the results of the subsidiary and are publicly available, the company has taken advantage of the FRS 102 section 33.1A exemption from disclosing transactions with wholly owned group companies.

Judgements and key sources of estimation uncertainty

In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting period the area of significant judgement, estimates and assumptions which has a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities is as follows: - Construction Contracts The company has to make estimates and judgements when determining the value of work in progress on construction contracts. The company does this by assessing each contract using the stage of completion method which requires considering the costs of each contract both incurred and expected and making a judgement as to the stage of completion.

Revenue recognition

Turnover, which excludes value added tax, comprises the amounts receivable for goods and services provided and includes the value of work carried out in the year on long term contracts. The valuation of long term contracts is explained in the note below titled "Revenue, profit and work in progress on construction contracts". Revenue, profit and work in progress on construction contracts When the outcome of a construction contract can be estimated reliably contract revenue and contract costs are recognised on a contract by contract basis using the stage of completion basis. The stage of completion of a contract is determined based on surveys of work performed. Monthly reviews are performed and revisions are made to the estimates of revenue and costs as a contract progresses. When it is probable that total contract costs will exceed total contract revenue on a construction contract, the expected loss is recognised as an expense immediately. Costs that relate to future activity on the contract, such as for materials or prepayments, are recognised as unworked on site materials or prepayments as appropriate if it is probable that the costs will be recovered. If the collectability of an amount already recognised as contract revenue is no longer probable, the uncollectible amount is treated as part of the cost of sales rather than as an adjustment of the amount of contract revenue. When the outcome of a construction contract cannot be estimated reliably, revenue and costs are recognised to the extent of work performed but no profit is recognised.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% straight line
Equipment	-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts 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 the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

The company only has basic financial instruments. - Financial assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and other loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 2 ).

5. Debtors

	2025	2024
	£	£
Trade debtors	785,582	494,986
Other debtors	795	–
	--------	--------
	786,377	494,986
	--------	--------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	15,831	6,310
Amounts owed to parent company and group companies	950,299	669,075
Social security and other taxes	715	108,730
Other creditors - accruals	29,992	29,198
	--------	--------
	996,837	813,313
	--------	--------

The only security which the company has given is in respect of a fixed and floating charge to M & A Doocey Civil Engineering Limited (company number: 02426466).

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.10 each	1	–	1	–
	----	----	----	----

Rights attached to ordinary shares: - Each share carries one vote at general meetings of the company. - Each share carries an equal right to any dividend declared by the company. - On a winding-up of the company, each share carries an equal right to a share of any surplus available to ordinary shareholders. - All shares rank equally in all respects. - These rights are in accordance with the company’s Articles of Association and Memorandum of Association.

8. Limitation of auditors liability

The company, on 19 January 2026, has entered into a limitation of auditors liability with the auditor limiting the auditor's liability to a maximum of £1,500,000 (including interest).

9. Summary audit opinion

The auditor's report dated 24 April 2026 was unqualified , however, the auditor drew attention to the following by way of emphasis.

We draw attention to Note 3 to the financial statements which explains that the directors intend to cease operations of the company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 3. Our opinion is not modified in respect of this matter.

The senior statutory auditor was David Pearson , for and on behalf of Edwards Pearson & White (Audit) Limited .

10. Controlling party

The company is a wholly owned subsidiary of Doocey Holdings Limited, a company incorporated in England and Wales. A copy of the group financial statements of the ultimate parent undertaking is available from their registered office in the UK: Doocey Holdings Limited The Old Stables Watery Lane Off Alexandra Road Tipton West Midlands DY4 8NA