Company registration number: 07488515
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
SK Groundworks, Landscaping & Crushing Limited
Pages for filing with the Registrar
Company registration number: 07488515
SK Groundworks, Landscaping & Crushing Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Goodwill 4 2,500 3,000
Tangible assets 5 584,296 578,219
586,796 581,219
Current assets
Stocks 5,000 5,000
Debtors 6 4,723 15,821
Cash at bank and in hand 4,662 5,472
14,385 26,293
Creditors: amounts falling due within one year
7 (126,519) (132,821)
Net current liabilities (112,134) (106,528)
Total assets less current liabilities 474,662 474,691
Creditors: Amounts falling due after more than one year
8 (76,870) (107,069)
Provisions for liabilities (30,903) (29,748)
NET ASSETS 366,889 337,874
Capital and reserves
Called up share capital 1 1
Profit and loss account 366,888 337,873
TOTAL EQUITY 366,889 337,874
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07488515
SK Groundworks, Landscaping & Crushing Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr S Partridge, Director
4 August 2026
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SK Groundworks, Landscaping & Crushing Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
SK Groundworks, Landscaping & Crushing Limited is a private company registered in England and Wales. Its registered number is 07488515. The company is limited by shares. Its registered office is Chestnuts Farm, Charles Tye, Stowmarket, Suffolk, IP14 2HU.
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 historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Goodwill
Goodwill is being amortised on the following basis: 5% straight line.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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SK Groundworks, Landscaping & Crushing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
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.
Land and buildings:
Freehold property - 0% straight line
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
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SK Groundworks, Landscaping & Crushing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
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 Average number of employees
During the year the average number of employees was 2 (2025 - 1).
4 Goodwill
£
Cost
At 1 April 2025 10,000
At 31 March 2026 10,000
Amortisation
At 1 April 2025 7,000
Charge for year 500
At 31 March 2026 7,500
Net book value
At 31 March 2026 2,500
At 31 March 2025 3,000
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 421,644 264,037 685,681
Additions - 24,500 24,500
At 31 March 2026 421,644 288,537 710,181
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SK Groundworks, Landscaping & Crushing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Tangible fixed assets - continued
Depreciation
At 1 April 2025 - 107,462 107,462
Charge for year - 18,423 18,423
At 31 March 2026 - 125,885 125,885
Net book value
At 31 March 2026 421,644 162,652 584,296
At 31 March 2025 421,644 156,575 578,219
6 Debtors
2026 2025
£ £
Trade debtors 3,358 14,054
Other debtors 1,365 1,767
4,723 15,821
7 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 22,614 26,646
Hire purchase and finance leases 36,878 28,426
Trade creditors 6,064 1,622
Other creditors 52,121 56,187
Taxation 8,512 3,477
Social security and other tax 330 16,463
126,519 132,821
8 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 45,834 68,555
Hire purchase and finance leases 31,036 38,514
76,870 107,069
9 Controlling party
The controlling part is Mr SK Partridge.
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