GROUND TECH LIMITED

Company Registration Number:
08267248 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

GROUND TECH LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

GROUND TECH LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 461,893 447,268
Total fixed assets: 461,893 447,268
Current assets
Stocks: 10,350 38,465
Debtors:   282,410 326,795
Cash at bank and in hand: 261,539 200,000
Total current assets: 554,299 565,260
Creditors: amounts falling due within one year: 4 (106,632) (273,139)
Net current assets (liabilities): 447,667 292,121
Total assets less current liabilities: 909,560 739,389
Creditors: amounts falling due after more than one year: 5 (1,921) (13,409)
Provision for liabilities: (114,524) (110,806)
Total net assets (liabilities): 793,115 615,174
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 793,113 615,172
Shareholders funds: 793,115 615,174

The notes form part of these financial statements

GROUND TECH LIMITED

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 August 2025
and signed on behalf of the board by:

Name: L H Moore
Status: Director

The notes form part of these financial statements

GROUND TECH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GROUND TECH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

GROUND TECH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 1,075,772
Additions 188,252
Disposals (67,900)
At 30 November 2024 1,196,124
Depreciation
At 01 December 2023 628,504
Charge for year 153,964
On disposals (48,237)
At 30 November 2024 734,231
Net book value
At 30 November 2024 461,893
At 30 November 2023 447,268

GROUND TECH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts - 2024: £0 2023:£5,344 Trade creditors - 2024: £11,368 2023: £4,079 Corporation tax - 2024: £95,264 2023: £260,466 Obligations under finance leases - 2024: £0 2023: £3,250

GROUND TECH LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due after more than one year note

Director loan accounts - 2024: £1,921 2023: £13,409