Company Registration No. 08258902 (England and Wales)
Mark Pike Groundworks Ltd
Unaudited accounts
for the year ended 31 March 2026
Mark Pike Groundworks Ltd
Unaudited accounts
Contents
Mark Pike Groundworks Ltd
Company Information
for the year ended 31 March 2026
Directors
Mr Mark I E Pike
Mrs Katrina J Pike
Company Number
08258902 (England and Wales)
Registered Office
Oakleigh Cottage Ammerham
Winsham
Chard
Somerset
TA20 4LE
Accountants
ST Accountancy Ltd
8 Clappentail Park
Lyme Regis
Dorset
DT7 3NB
Mark Pike Groundworks Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
151,065
149,333
Cash at bank and in hand
4
4,521
Creditors: amounts falling due within one year
(41,885)
(71,562)
Net current liabilities
(34,061)
(48,817)
Total assets less current liabilities
117,004
100,516
Creditors: amounts falling due after more than one year
(26,738)
(12,789)
Provisions for liabilities
Deferred tax
(28,703)
(28,374)
Called up share capital
100
100
Profit and loss account
61,463
59,253
Shareholders' funds
61,563
59,353
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by
Mr Mark I E Pike
Director
Company Registration No. 08258902
Mark Pike Groundworks Ltd
Notes to the Accounts
for the year ended 31 March 2026
Mark Pike Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 08258902. The registered office is Oakleigh Cottage Ammerham, Winsham, Chard, Somerset, TA20 4LE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, has been amortised evenly over its estimated useful life of five years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Mark Pike Groundworks Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
12,396
294,520
24,450
5,239
336,605
Additions
-
7,855
28,500
-
36,355
Disposals
-
-
(21,500)
-
(21,500)
At 31 March 2026
12,396
302,375
31,450
5,239
351,460
At 1 April 2025
6,785
164,607
13,033
2,847
187,272
Charge for the year
561
20,525
3,152
478
24,716
On disposals
-
-
(11,593)
-
(11,593)
At 31 March 2026
7,346
185,132
4,592
3,325
200,395
At 31 March 2026
5,050
117,243
26,858
1,914
151,065
At 31 March 2025
5,611
129,913
11,417
2,392
149,333
Amounts falling due within one year
Accrued income and prepayments
4,943
6,005
Mark Pike Groundworks Ltd
Notes to the Accounts
for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
7,660
9,452
Obligations under finance leases and hire purchase contracts
5,745
16,495
Trade creditors
25,274
26,503
Taxes and social security
1,906
17,455
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
4,319
-
Loans from directors
22,419
12,789
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).