Company Registration No. 15181899 (England and Wales)
Lrt Groundworks Ltd
Unaudited accounts
for the year ended 31 October 2025
Lrt Groundworks Ltd
Unaudited accounts
Contents
Lrt Groundworks Ltd
Company Information
for the year ended 31 October 2025
Company Number
15181899 (England and Wales)
Lrt Groundworks Ltd
Accountants' report
Accountants' report to the director of Lrt Groundworks Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 October 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 October 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Lrt Groundworks Ltd
Statement of financial position
as at 31 October 2025
Tangible assets
165,651
115,117
Cash at bank and in hand
5,554
6,573
Creditors: amounts falling due within one year
(173,260)
(88,104)
Net current liabilities
(104,417)
(66,691)
Total assets less current liabilities
61,234
48,426
Creditors: amounts falling due after more than one year
(9,620)
(32,781)
Profit and loss account
51,614
15,645
Shareholders' funds
51,614
15,645
For the year ending 31 October 2025 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 director acknowledges his 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 and authorised for issue on 31 July 2026 and were signed on its behalf by
Mr Luke Turnbull
Director
Company Registration No. 15181899
Lrt Groundworks Ltd
Notes to the Accounts
for the year ended 31 October 2025
Lrt Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 15181899.
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.
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:
Fixtures & fittings
15% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
117,552
18,600
194
180
136,526
Additions
69,174
-
416
1,071
70,661
At 31 October 2025
186,726
18,600
610
1,251
207,187
At 1 November 2024
17,633
3,720
29
27
21,409
Charge for the year
16,909
2,976
58
184
20,127
At 31 October 2025
34,542
6,696
87
211
41,536
At 31 October 2025
152,184
11,904
523
1,040
165,651
At 31 October 2024
99,919
14,880
165
153
115,117
Lrt Groundworks Ltd
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due after more than one year
Trade debtors
51,530
14,840
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
29,364
7,781
Taxes and social security
33,693
19,755
Loans from directors
66,888
42,930
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
9,620
25,000
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).