REGISTERED NUMBER: 11484022 (England and Wales)

Beasley Groundworks Limited

Unaudited Financial Statements

For The Year Ended 31 March 2026

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

L A Beasley

Miss A H Gower

REGISTERED OFFICE:

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

REGISTERED NUMBER:

11484022 (England and Wales)

ACCOUNTANTS:

Charles A. Wood & Co.

Chartered Accountants

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Beasley Groundworks Limited for the year ended 31 March 2026 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Beasley Groundworks Limited, as a body, in accordance with the terms of our engagement letter dated 5 November 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Beasley Groundworks Limited and state those matters that we have agreed to state to the Board of Directors of Beasley Groundworks Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Beasley Groundworks Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Beasley Groundworks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Beasley Groundworks Limited. You consider that Beasley Groundworks Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Beasley Groundworks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charles A. Wood & Co.

Chartered Accountants

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

9 September 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

213,553

251,980

213,553

251,980

CURRENT ASSETS

Stocks

1,541

-

Debtors

270,686

313,339

Cash at bank

71,678

53,408

343,905

366,747

CREDITORS

Amounts falling due within one year

167,899

152,704

NET CURRENT ASSETS

176,006

214,043

TOTAL ASSETS LESS CURRENT LIABILITIES

389,559

466,023

CREDITORS

Amounts falling due after more than one year

6

(148,975

)

(190,526

)

PROVISIONS FOR LIABILITIES

(53,388

)

(62,995

)

NET ASSETS

187,196

212,502

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

50

50

Retained earnings

187,096

212,402

SHAREHOLDERS' FUNDS

187,196

212,502

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 9 September 2026 and were signed on its behalf by:

L A Beasley - Director

Miss A H Gower - Director

1.	STATUTORY INFORMATION

Beasley Groundworks Limited 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.

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 reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on 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 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.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

23,400

AMORTISATION

At 1 April 2025

and 31 March 2026

23,400

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

411,321

Additions

131,689

Disposals

(203,913

)

At 31 March 2026

339,097

DEPRECIATION

At 1 April 2025

159,341

Charge for year

58,466

Eliminated on disposal

(92,263

)

At 31 March 2026

125,544

NET BOOK VALUE

At 31 March 2026

213,553

At 31 March 2025

251,980

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

Totals

£

COST

At 1 April 2025

232,013

Additions

70,413

Disposals

(84,500

)

Transfer to ownership

(10,313

)

At 31 March 2026

207,613

DEPRECIATION

At 1 April 2025

62,001

Charge for year

33,925

Eliminated on disposal

(18,027

)

Transfer to ownership

(2,448

)

At 31 March 2026

75,451

NET BOOK VALUE

At 31 March 2026

132,162

At 31 March 2025

170,012

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Bank loans repayable after more than five years

-

24,157

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

81,699

93,273

Hire purchase contracts

129,715

155,479

211,414

248,752

Hire purchase creditors are secured on the underlying asset.

Bank loans are secured by personal guarantees of the directors.

8.	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

£

£

L A Beasley and Miss A H Gower

Balance outstanding at start of year

27,893

-

Amounts advanced

70,561

27,893

Amounts repaid

(98,454

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

27,893

The directors' loan is repayable on demand and interest is charged at 3.75%.