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Company Registration No. 4685395 (England and Wales)
Groovy Limited Unaudited accounts for the year ended 31 March 2025
Groovy Limited Unaudited accounts Contents
Page
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Groovy Limited Company Information for the year ended 31 March 2025
Director
Ivan James Hodges
Company Number
4685395 (England and Wales)
Registered Office
New Court, Cowbridge Rd Llantwit Major CF61 2YS United Kingdom
Accountants
A40infobahn Limited Bron Haul Penlan Road CARMARTHEN Carmarthenshire SA31 1DN
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Groovy Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
273,775 
193,899 
Investments
501 
501 
274,276 
194,400 
Current assets
Debtors
51,997 
62,777 
Cash at bank and in hand
6,823 
8,368 
58,820 
71,145 
Creditors: amounts falling due within one year
(159,831)
(86,201)
Net current liabilities
(101,011)
(15,056)
Net assets
173,265 
179,344 
Capital and reserves
Called up share capital
358,505 
358,505 
Revaluation reserve
7,659 
7,659 
Profit and loss account
(192,899)
(186,820)
Shareholders' funds
173,265 
179,344 
For the year ending 31 March 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 1 May 2025 and were signed on its behalf by
Ivan James Hodges Director Company Registration No. 4685395
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Groovy Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Groovy Limited is a private company, limited by shares, registered in England and Wales, registration number 4685395. The registered office is New Court,, Cowbridge Rd, Llantwit Major, CF61 2YS, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
33%
Fixtures & fittings
10%
Intangible Assets are written off over their estimated useful life.
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
196,000 
15,938 
544 
212,482 
Additions
83,980 
- 
- 
83,980 
Disposals
(1,500)
- 
- 
(1,500)
At 31 March 2025
278,480 
15,938 
544 
294,962 
Depreciation
At 1 April 2024
2,500 
15,680 
403 
18,583 
Charge for the year
2,500 
86 
18 
2,604 
At 31 March 2025
5,000 
15,766 
421 
21,187 
Net book value
At 31 March 2025
273,480 
172 
123 
273,775 
At 31 March 2024
193,500 
258 
141 
193,899 
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Groovy Limited Notes to the Accounts for the year ended 31 March 2025
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2024
501 
Valuation at 31 March 2025
501 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
697 
610 
Trade debtors
5,050 
8,685 
Amounts due from group undertakings etc.
40,736 
40,736 
Other debtors
5,514 
12,746 
51,997 
62,777 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
1,815 
2,097 
Amounts owed to group undertakings and other participating interests
80,507 
80,143 
Taxes and social security
(1,887)
- 
Loans from directors
79,396 
3,961 
159,831 
86,201 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
140,005 Ordinary shares A of £1 each
140,005 
140,005 
218,500 Ordinary Shares B of £1 each
218,500 
218,500 
358,505 
358,505 
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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