Acorah Software Products - Accounts Production 16.4.675 false true false 28 October 2024 31 March 2025 31 March 2025 16043901 M Harwood J Harwood R Harwood I Harwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16043901 2024-10-27 16043901 2025-03-31 16043901 2024-10-28 2025-03-31 16043901 frs-core:CurrentFinancialInstruments 2025-03-31 16043901 frs-core:ComputerEquipment 2025-03-31 16043901 frs-core:ComputerEquipment 2024-10-28 2025-03-31 16043901 frs-core:ComputerEquipment 2024-10-27 16043901 frs-core:FurnitureFittings 2025-03-31 16043901 frs-core:FurnitureFittings 2024-10-28 2025-03-31 16043901 frs-core:FurnitureFittings 2024-10-27 16043901 frs-core:NetGoodwill 2025-03-31 16043901 frs-core:NetGoodwill 2024-10-28 2025-03-31 16043901 frs-core:NetGoodwill 2024-10-27 16043901 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 16043901 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-28 2025-03-31 16043901 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-27 16043901 frs-core:MotorVehicles 2025-03-31 16043901 frs-core:MotorVehicles 2024-10-28 2025-03-31 16043901 frs-core:MotorVehicles 2024-10-27 16043901 frs-core:PlantMachinery 2025-03-31 16043901 frs-core:PlantMachinery 2024-10-28 2025-03-31 16043901 frs-core:PlantMachinery 2024-10-27 16043901 frs-core:ShareCapital 2025-03-31 16043901 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 16043901 frs-bus:PrivateLimitedCompanyLtd 2024-10-28 2025-03-31 16043901 frs-bus:FilletedAccounts 2024-10-28 2025-03-31 16043901 frs-bus:SmallEntities 2024-10-28 2025-03-31 16043901 frs-bus:AuditExempt-NoAccountantsReport 2024-10-28 2025-03-31 16043901 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-28 2025-03-31 16043901 frs-bus:Director1 2024-10-28 2025-03-31 16043901 frs-bus:Director2 2024-10-28 2025-03-31 16043901 frs-bus:Director3 2024-10-28 2025-03-31 16043901 frs-bus:Director4 2024-10-28 2025-03-31 16043901 frs-countries:EnglandWales 2024-10-28 2025-03-31
Registered number: 16043901
Groundserv Limited
Unaudited Financial Statements
For the Period 28 October 2024 to 31 March 2025
C&H Stedman
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 16043901
31 March 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 364,165
Tangible Assets 5 1,060,407
1,424,572
CURRENT ASSETS
Stocks 6 178,126
Debtors 7 301,926
Cash at bank and in hand 450,803
930,855
Creditors: Amounts Falling Due Within One Year 8 (2,239,381 )
NET CURRENT ASSETS (LIABILITIES) (1,308,526 )
TOTAL ASSETS LESS CURRENT LIABILITIES 116,046
NET ASSETS 116,046
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account 115,946
SHAREHOLDERS' FUNDS 116,046
For the period 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
I Harwood
Director
30 July 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Groundserv Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16043901 . The registered office is 147 Stayton Road, Sutton, SM1 2PS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold n/a
Plant & Machinery 25% on Reducing Balance
Motor Vehicles 33% on Reducing Balance
Fixtures & Fittings 25% on Reducing Balance
Computer Equipment 25% on Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees during the year was  2
2
Page 2
Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 28 October 2024 -
Additions 380,000
As at 31 March 2025 380,000
Amortisation
As at 28 October 2024 -
Provided during the period 15,835
As at 31 March 2025 15,835
Net Book Value
As at 31 March 2025 364,165
As at 28 October 2024 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 28 October 2024 - - - -
Additions 850,000 238,265 11,742 4,461
Disposals - (18,535 ) - -
As at 31 March 2025 850,000 219,730 11,742 4,461
Depreciation
As at 28 October 2024 - - - -
Provided during the period - 25,147 4,244 243
Disposals - (1,085 ) - -
As at 31 March 2025 - 24,062 4,244 243
Net Book Value
As at 31 March 2025 850,000 195,668 7,498 4,218
As at 28 October 2024 - - - -
Computer Equipment Total
£ £
Cost
As at 28 October 2024 - -
Additions 3,293 1,107,761
Disposals - (18,535 )
As at 31 March 2025 3,293 1,089,226
Depreciation
As at 28 October 2024 - -
...CONTINUED
Page 3
Page 4
Provided during the period 270 29,904
Disposals - (1,085 )
As at 31 March 2025 270 28,819
Net Book Value
As at 31 March 2025 3,023 1,060,407
As at 28 October 2024 - -
6. Stocks
31 March 2025
£
Stock 178,126
7. Debtors
31 March 2025
£
Due within one year
Trade debtors 267,042
Other debtors 34,884
301,926
8. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Trade creditors 297,718
Bank loans and overdrafts 708
Amounts owed to participating interests 1,850,459
Other creditors 24,829
Taxation and social security 65,667
2,239,381
9. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 100
Page 4