REGISTERED NUMBER: 12305634 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

J PARNABY GROUNDWORKS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E Parnaby

J Parnaby

REGISTERED OFFICE:

3 Juziers Drive

East Hoathly

East Sussex

BN8 6AE

REGISTERED NUMBER:

12305634 (England and Wales)

ACCOUNTANTS:

Oreka Accounting Limited

3 Juziers Drive

East Hoathly

East Sussex

BN8 6AE

FIXED ASSETS

Tangible assets

4

481,885

476,513

CURRENT ASSETS

Debtors

43,953

52,354

Cash at bank and in hand

33,966

88,614

77,919

140,968

CREDITORS

Amounts falling due within one year

149,882

159,313

NET CURRENT LIABILITIES

(71,963

)

(18,345

)

TOTAL ASSETS LESS CURRENT LIABILITIES

409,922

458,168

CREDITORS

Amounts falling due after more than one year

(113,680

)

(129,713

)

PROVISIONS FOR LIABILITIES

5

(79,943

)

(76,764

)

NET ASSETS

216,299

251,691

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

216,297

251,689

SHAREHOLDERS' FUNDS

216,299

251,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2026 and were signed on its behalf by:

J Parnaby - Director

1.	STATUTORY INFORMATION

J Parnaby 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 represents the value of goods, net of VAT, provided to customers during the year, plus the value of work, net of VAT, completed during the year with respect to services.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

875,804

Additions

227,215

Disposals

(115,000

)

At 31 March 2026

988,019

DEPRECIATION

At 1 April 2025

399,291

Charge for year

160,898

Eliminated on disposal

(54,055

)

At 31 March 2026

506,134

NET BOOK VALUE

At 31 March 2026

481,885

At 31 March 2025

476,513

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

Totals

£

COST

At 1 April 2025

82,004

Additions

109,485

Disposals

(65,000

)

Reclassification/transfer

236,000

At 31 March 2026

362,489

DEPRECIATION

At 1 April 2025

25,189

Charge for year

70,089

Eliminated on disposal

(16,250

)

Reclassification/transfer

73,204

At 31 March 2026

152,232

NET BOOK VALUE

At 31 March 2026

210,257

At 31 March 2025

56,815

5.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

79,943

76,764

Deferred

tax

£

Balance at 1 April 2025

76,764

Provided during year

3,179

Balance at 31 March 2026

79,943

6.	RELATED PARTY DISCLOSURES

At the balance sheet date the Company owed £41,098 to Mr J Parnaby (2025 : £9,513), a director of the Company.

This loan is interest free and repayable on demand.