REGISTERED NUMBER: 07777340 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GROVECOMM LTD.

Page

Balance Sheet

1

FIXED ASSETS

5,619

9,683

CURRENT ASSETS

315,909

319,258

CREDITORS

Amounts falling due within one year

(86,240

)

(105,287

)

NET CURRENT ASSETS

229,669

213,971

TOTAL ASSETS LESS CURRENT LIABILITIES

235,288

223,654

PROVISIONS FOR LIABILITIES

(20,000

)

(20,000

)

NET ASSETS

215,288

203,654

CAPITAL AND RESERVES

215,288

203,654

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Grovecomm Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07777340

Registered office:

116 Great Portland Street

1st Floor

London

London

W1W 6PJ

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

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2023 - 6 ) .

3.	OTHER FINANCIAL COMMITMENTS

The company has operating lease commitments of £146,802 (2023: £7,565) at the year end.

4.	RELATED PARTY TRANSACTIONS

At the balance sheet date £1,096 (2023: £9,619) was owed to a director. The amount bears no interest, is payable on demand and included within creditors due in less than one year.

At the balance sheet date £110 (2023: £174) was owed to a director. The amount bears no interest, is payable on demand and included within creditors due in less than one year.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

Mrs R M Grove - Director