N R Groundworks Limited - Filleted accounts

Registered number

04839618

N R Groundworks Limited

Filleted Accounts

31 March 2026

N R Groundworks Limited
Registered number:		04839618
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		538,629			513,764

Current assets
Stocks		7,500			7,500
Debtors	4	313,645			352,333
Cash at bank and in hand		103,037			360,279
		424,182			720,112

Creditors: amounts falling due within one year	5	(59,027)			(95,165)

Net current assets			365,155			624,947

Total assets less current liabilities			903,784			1,138,711

Creditors: amounts falling due after more than one year	6		-			(7,325)

Provisions for liabilities			-			(39,219)


Net assets			903,784			1,092,167

Capital and reserves
Called up share capital			10			10
Profit and loss account			903,774			1,092,157

Shareholders' funds			903,784			1,092,167

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




N P Roberts
Director
Approved by the board on 13 July 2026

N R Groundworks Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and equipment			20% reducing balance
	Office equipment			50% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					6		6


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	117,288		972,508		244,649		1,334,445
	Additions	121,647		840		-		122,487
	Disposals	-		(124,500)		(9,720)		(134,220)
	At 31 March 2026	238,935		848,848		234,929		1,322,712

	Depreciation
	At 1 April 2025	-		679,281		141,400		820,681
	Charge for the year	-		57,360		25,615		82,975
	On disposals	-		(110,643)		(8,930)		(119,573)
	At 31 March 2026	-		625,998		158,085		784,083

	Net book value
	At 31 March 2026	238,935		222,850		76,844		538,629
	At 31 March 2025	117,288		293,227		103,249		513,764


4	Debtors					2026		2025
£							£

	Trade debtors					33,760		94,957
	Director's loan					59,855		29,524
	Other debtors					220,030		227,852
						313,645		352,333


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					7,325		27,317
	Trade creditors					24,532		61,061
	Director's loan					-		262
	Taxation and social security costs					25,407		4,448
	Other creditors					1,763		2,077
						59,027		95,165


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					-		7,325


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	N P Roberts
	Interest free	29,524		30,331		-		59,855

		29,524		30,331		-		59,855


8	Related party transactions

Interest free loan from related party	-	262
Director's remuneration	8,424	8,424
Dividends paid to related party	55,676	41,416

N R Plant Hire Limited
Company under common control
Hire of equipment	14,580	17,296
Rent charged to party	7,998	7,960
Loan to related party	56,000	100,000
Amount due to related party	2,362	3,958



9	Controlling party

	The company's controlling party was Mr N P Roberts and his wife Mrs J Roberts, who owned 100% of the issued share capital.


10	Other information

	N R Groundworks Limited is a private company limited by shares and incorporated in England. Its registered office is:
	28 Thrapston Road
	Woodford
	Kettering
	Northamptonshire
	NN14 4HY