Company Registration No. 13871182 (England and Wales)
Mark Vallance Groundworks Ltd
Unaudited accounts
for the year ended 31 March 2026
Mark Vallance Groundworks Ltd
Unaudited accounts
Contents
Mark Vallance Groundworks Ltd
Company Information
for the year ended 31 March 2026
Company Number
13871182 (England and Wales)
Registered Office
UNIT 5E SOUTH HAMS BUSINESS PARK
CHURCHSTOW
KINGSBRIDGE
DEVON
TQ7 3QH
ENGLAND
Accountants
Helen Solomon Ltd
Unit 4G
South Hams Business Park
Kingsbridge
Devon
TQ7 3QH
Mark Vallance Groundworks Ltd
Statement of financial position
as at 31 March 2026
Intangible assets
30,000
60,000
Tangible assets
481,210
446,290
Cash at bank and in hand
28,793
34,620
Creditors: amounts falling due within one year
(120,976)
(129,251)
Net current liabilities
(20,759)
(3,432)
Total assets less current liabilities
490,451
502,858
Creditors: amounts falling due after more than one year
(56,807)
(73,292)
Net assets
433,644
429,566
Called up share capital
100
100
Fair value reserve
310,790
310,790
Profit and loss account
122,754
118,676
Shareholders' funds
433,644
429,566
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 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 2 November 2026 and were signed on its behalf by
Mark Vallance
Director
Company Registration No. 13871182
Mark Vallance Groundworks Ltd
Notes to the Accounts
for the year ended 31 March 2026
Mark Vallance Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 13871182. The registered office is UNIT 5E SOUTH HAMS BUSINESS PARK, CHURCHSTOW, KINGSBRIDGE, DEVON, TQ7 3QH, ENGLAND.
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 less residual values over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
10% Reducing Balance
Computer equipment
25% on Cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being amortised equally over 5 years.
4
Intangible fixed assets
Goodwill
Charge for the year
30,000
Goodwill of £150,000 was paid to the Director on 1 April 2022 when the sole trader business was purchased by the company from him.
Mark Vallance Groundworks Ltd
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
395,693
151,970
2,548
550,211
Additions
86,155
-
306
86,461
Disposals
(34,500)
-
-
(34,500)
At 31 March 2026
447,348
151,970
2,854
602,172
At 1 April 2025
78,412
24,359
1,150
103,921
Charge for the year
8,610
12,761
674
22,045
On disposals
(5,004)
-
-
(5,004)
At 31 March 2026
82,018
37,120
1,824
120,962
At 31 March 2026
365,330
114,850
1,030
481,210
At 31 March 2025
317,281
127,611
1,398
446,290
The Plant and Machinery was revalued on 1 April 2022 by the director to the insurance replacement values of the assets.
The Vehicles were revalued by the director on 1 April 2022 by the director to the insurance values of the assets
The Computer and IT Equipment was revalued by the director on 1 April 2022 to the insurance value of the assets.
Amounts falling due within one year
Trade debtors
65,157
84,901
Accrued income and prepayments
200
-
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
6,144
9,998
Obligations under finance leases and hire purchase contracts
45,668
31,666
Trade creditors
10,727
21,691
Taxes and social security
20,066
17,667
Loans from directors
24,465
33,963
Mark Vallance Groundworks Ltd
Notes to the Accounts
for the year ended 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
56,807
66,802
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
The balance of the Director's Loan account was £24,463 as at 31 March 2026 due to the director.
11
Average number of employees
During the year the average number of employees was 14 (2025: 14).