Sub Demolition & Groundworks Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09324495 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

SUB DEMOLITION & GROUNDWORKS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Sawyer

REGISTERED OFFICE:

30-34 North Street

Hailsham

East Sussex

BN271DW

REGISTERED NUMBER:

09324495 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

214,756

134,688

CURRENT ASSETS

Stocks

149,561

78,966

Debtors

5

59,935

15,856

Cash at bank and in hand

56,085

69,982

265,581

164,804

CREDITORS

Amounts falling due within one year

6

(187,260

)

(97,936

)

NET CURRENT ASSETS

78,321

66,868

TOTAL ASSETS LESS CURRENT
LIABILITIES

293,077

201,556

CREDITORS

Amounts falling due after more than one
year

7

(90,502

)

(20,152

)

PROVISIONS FOR LIABILITIES

(32,395

)

(26,869

)

NET ASSETS

170,180

154,535

CAPITAL AND RESERVES

Called up share capital

8

1

Capital redemption reserve

1

Retained earnings

170,178

154,533

SHAREHOLDERS' FUNDS

170,180

154,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 July 2026 and were signed by:

J Sawyer - Director

1.	STATUTORY INFORMATION

Sub Demolition & Groundworks Ltd 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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 December 2024

108,006

20,508

103,243

16,894

248,651

Additions

7,300

-

134,734

3,396

145,430

Disposals

-

(36,817

)

-

(36,817

)

At 30 November 2025

115,306

20,508

201,160

20,290

357,264

DEPRECIATION

At 1 December 2024

62,767

6,150

35,186

9,860

113,963

Charge for year

10,051

2,154

26,950

4,140

43,295

Eliminated on disposal

-

(14,750

)

-

(14,750

)

At 30 November 2025

72,818

8,304

47,386

14,000

142,508

NET BOOK VALUE

At 30 November 2025

42,488

12,204

153,774

6,290

214,756

At 30 November 2024

45,239

14,358

68,057

7,034

134,688

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

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 December 2024

30,400

21,000

51,400

Additions

-

134,734

Disposals

-

(21,000

)

(21,000

)

At 30 November 2025

30,400

134,734

165,134

DEPRECIATION

At 1 December 2024

12,079

2,625

14,704

Charge for year

3,664

14,530

18,194

Eliminated on disposal

-

(4,922

)

(4,922

)

At 30 November 2025

15,743

12,233

27,976

NET BOOK VALUE

At 30 November 2025

14,657

122,501

137,158

At 30 November 2024

18,321

18,375

36,696

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

47,424

9,055

Other debtors

12,511

6,801

59,935

15,856

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

4,999

9,999

Hire purchase contracts

22,355

8,681

Trade creditors

89,455

11,760

Taxation and social security

42,099

29,205

Other creditors

28,352

38,291

187,260

97,936

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

4,999

Hire purchase contracts

90,502

15,153

90,502

20,152

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2

Ordinary £1 Shares

1