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REGISTERED NUMBER: 04651805 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Richard Carter Groundworks Limited

Richard Carter Groundworks Limited (Registered number: 04651805)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Richard Carter Groundworks Limited

Company Information
for the Year Ended 31 May 2025







DIRECTORS: R P Carter
S A Carter





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim Road
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 04651805 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Richard Carter Groundworks Limited (Registered number: 04651805)

Balance Sheet
31 May 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,181 6,907

CURRENT ASSETS
Debtors 5 4,995 4,302
Cash at bank 4,135 10,289
9,130 14,591
CREDITORS
Amounts falling due within one year 6 (14,441 ) (19,843 )
NET CURRENT LIABILITIES (5,311 ) (5,252 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(130

)

1,655

PROVISIONS FOR LIABILITIES (845 ) (1,142 )
NET (LIABILITIES)/ASSETS (975 ) 513

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 (1,075 ) 413
SHAREHOLDERS' FUNDS (975 ) 513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:



R P Carter - Director


Richard Carter Groundworks Limited (Registered number: 04651805)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Richard Carter 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of general building construction and groundworks.

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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

DEFERRED TAX
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

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 2 (2024 - 2 ) .

Richard Carter Groundworks Limited (Registered number: 04651805)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2024
and 31 May 2025 42,064 3,798 65,782 4,174 115,818
DEPRECIATION
At 1 June 2024 38,701 3,306 63,037 3,867 108,911
Charge for year 840 122 687 77 1,726
At 31 May 2025 39,541 3,428 63,724 3,944 110,637
NET BOOK VALUE
At 31 May 2025 2,523 370 2,058 230 5,181
At 31 May 2024 3,363 492 2,745 307 6,907

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 649 390
Tax 2,308 2,308
Prepayments 2,038 1,604
4,995 4,302

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Directors' loan accounts 14,441 19,843

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7. RESERVES
Retained
earnings
£   

At 1 June 2024 413
Deficit for the year (1,488 )
At 31 May 2025 (1,075 )

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

Richard Carter Groundworks Limited (Registered number: 04651805)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025 2024
£    £   
R P Carter
Balance outstanding at start of year (9,921 ) (10,626 )
Amounts advanced 23,499 21,939
Amounts repaid (20,798 ) (21,234 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,220 ) (9,921 )

S A Carter
Balance outstanding at start of year (9,921 ) (10,626 )
Amounts advanced 15,359 13,303
Amounts repaid (12,658 ) (12,598 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,220 ) (9,921 )

9. GOING CONCERN

The accounts have been prepared under a going concern basis, which assumes that the directors will continue to support the company by way of their loan accounts.