REGISTERED NUMBER: 09113987 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Breaking Ground Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss H Adkin-Walker

Mr J M Sheppard

REGISTERED OFFICE:

90 Barlow Drive South

Awsworth

Nottingham

NG16 2RR

REGISTERED NUMBER:

09113987 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

1,926

2,167

Tangible assets

5

239,687

279,820

241,613

281,987

CURRENT ASSETS

Stocks

363,746

184,799

Debtors

6

71,559

455,003

Cash at bank

109,223

350,957

544,528

990,759

CREDITORS

Amounts falling due within one year

7

466,584

767,696

NET CURRENT ASSETS

77,944

223,063

TOTAL ASSETS LESS CURRENT LIABILITIES

319,557

505,050

CREDITORS

Amounts falling due after more than one year

8

(157,371

)

(188,191

)

PROVISIONS FOR LIABILITIES

(59,921

)

(151,489

)

NET ASSETS

102,265

165,370

CAPITAL AND RESERVES

Called up share capital

9

20

20

Retained earnings

102,245

165,350

SHAREHOLDERS' FUNDS

102,265

165,370

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

Miss H Adkin-Walker - Director

Mr J M Sheppard - Director

1.	STATUTORY INFORMATION

Breaking Ground Construction 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.

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 5 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2025

and 31 March 2026

2,408

AMORTISATION

At 1 April 2025

241

Amortisation for year

241

At 31 March 2026

482

NET BOOK VALUE

At 31 March 2026

1,926

At 31 March 2025

2,167

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

304,641

467

143,941

3,104

452,153

Additions

10,537

19,549

-

1,355

31,441

Disposals

(40,000

)

-

-

-

(40,000

)

At 31 March 2026

275,178

20,016

143,941

4,459

443,594

DEPRECIATION

At 1 April 2025

118,742

414

50,576

2,601

172,333

Charge for year

49,088

2,980

18,672

834

71,574

Eliminated on disposal

(40,000

)

-

-

-

(40,000

)

At 31 March 2026

127,830

3,394

69,248

3,435

203,907

NET BOOK VALUE

At 31 March 2026

147,348

16,622

74,693

1,024

239,687

At 31 March 2025

185,899

53

93,365

503

279,820

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 April 2025

and 31 March 2026

216,400

100,961

317,361

DEPRECIATION

At 1 April 2025

43,280

30,555

73,835

Charge for year

43,280

14,081

57,361

At 31 March 2026

86,560

44,636

131,196

NET BOOK VALUE

At 31 March 2026

129,840

56,325

186,165

At 31 March 2025

173,120

70,406

243,526

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

364,226

Directors' current accounts

13,323

-

VAT

24,289

67,458

Prepayments and accrued income

33,947

23,319

71,559

455,003

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,667

10,177

Hire purchase contracts

58,161

103,389

Trade creditors

274,697

522,578

Tax

89,448

75,215

Social security and other taxes

30,640

39,902

Other creditors

7,971

12,859

Accruals and deferred income

4,000

3,576

466,584

767,696

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

1,488

Hire purchase contracts

157,371

186,337

Other creditors

-

366

157,371

188,191

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

20

Ordinary

1

20

20

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Miss H Adkin-Walker and Mr J M Sheppard

Balance outstanding at start of year

-

-

Amounts advanced

183,847

-

Amounts repaid

(170,524

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,323

-

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum to 5th April 2025 and 3.75% thereafter.