IRIS Accounts Production v25.2.0.378 08864864 director 1.2.24 31.1.25 31.1.25 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 D Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08864864 2024-01-31 08864864 2025-01-31 08864864 2024-02-01 2025-01-31 08864864 2023-01-31 08864864 2023-02-01 2024-01-31 08864864 2024-01-31 08864864 ns15:EnglandWales 2024-02-01 2025-01-31 08864864 ns14:PoundSterling 2024-02-01 2025-01-31 08864864 ns10:Director1 2024-02-01 2025-01-31 08864864 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08864864 ns10:SmallEntities 2024-02-01 2025-01-31 08864864 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08864864 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 08864864 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08864864 ns10:FullAccounts 2024-02-01 2025-01-31 08864864 ns10:OrdinaryShareClass2 2024-02-01 2025-01-31 08864864 ns10:OrdinaryShareClass3 2024-02-01 2025-01-31 08864864 ns10:OrdinaryShareClass4 2024-02-01 2025-01-31 08864864 ns10:OrdinaryShareClass5 2024-02-01 2025-01-31 08864864 ns10:RegisteredOffice 2024-02-01 2025-01-31 08864864 ns5:CurrentFinancialInstruments 2025-01-31 08864864 ns5:CurrentFinancialInstruments 2024-01-31 08864864 ns5:Non-currentFinancialInstruments 2025-01-31 08864864 ns5:Non-currentFinancialInstruments 2024-01-31 08864864 ns5:ShareCapital 2025-01-31 08864864 ns5:ShareCapital 2024-01-31 08864864 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 08864864 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 08864864 ns5:PlantMachinery 2024-01-31 08864864 ns5:FurnitureFittings 2024-01-31 08864864 ns5:MotorVehicles 2024-01-31 08864864 ns5:ComputerEquipment 2024-01-31 08864864 ns5:PlantMachinery 2024-02-01 2025-01-31 08864864 ns5:FurnitureFittings 2024-02-01 2025-01-31 08864864 ns5:MotorVehicles 2024-02-01 2025-01-31 08864864 ns5:ComputerEquipment 2024-02-01 2025-01-31 08864864 ns5:PlantMachinery 2025-01-31 08864864 ns5:FurnitureFittings 2025-01-31 08864864 ns5:MotorVehicles 2025-01-31 08864864 ns5:ComputerEquipment 2025-01-31 08864864 ns5:PlantMachinery 2024-01-31 08864864 ns5:FurnitureFittings 2024-01-31 08864864 ns5:MotorVehicles 2024-01-31 08864864 ns5:ComputerEquipment 2024-01-31 08864864 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-01-31 08864864 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-02-01 2025-01-31 08864864 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2025-01-31 08864864 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-01-31 08864864 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 08864864 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 08864864 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2025-01-31 08864864 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-01-31 08864864 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-01-31 08864864 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-01-31 08864864 ns10:OrdinaryShareClass2 2025-01-31 08864864 ns10:OrdinaryShareClass3 2025-01-31 08864864 ns10:OrdinaryShareClass4 2025-01-31 08864864 ns10:OrdinaryShareClass5 2025-01-31 08864864 1 ns10:Director1 2024-01-31 08864864 1 ns10:Director1 2023-01-31 08864864 1 ns10:Director1 2024-02-01 2025-01-31 08864864 1 ns10:Director1 2023-02-01 2024-01-31 08864864 1 ns10:Director1 2025-01-31 08864864 1 ns10:Director1 2024-01-31

REGISTERED NUMBER: 08864864 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

GROUNDPLAY LTD

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

GROUNDPLAY LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST JANUARY 2025

| DIRECTOR: | Mr R Cook

| REGISTERED OFFICE: | 53 Parkland View

| Lundwood

| Barnsley

| S71 5LG

| REGISTERED NUMBER: | 08864864 (England and Wales)

| ACCOUNTANTS: | Gibson Booth Limited

| 12 Victoria Road

| Barnsley

| South Yorkshire

| S70 2BB

| BANKERS: | National Westminster Bank plc

| 26 Market Hill

| Barnsley

| South Yorkshire

| S70 2QE

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

BALANCE SHEET

31ST JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 34,040 |  | 25,127 |  |

CURRENT ASSETS

Debtors | 5 | 281,154 |  | 226,321 |  |

Cash at bank and in hand | 1,730 |  | 71,086 |  |

282,884 |  | 297,407 |  |

CREDITORS

Amounts falling due within one year | 6 | 72,819 |  | 66,586 |  |

NET CURRENT ASSETS | 210,065 |  | 230,821 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 244,105 |  | 255,948 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (11,455 | ) | (20,532 | ) |

PROVISIONS FOR LIABILITIES | (4,225 | ) | (4,774 | ) |

NET ASSETS | 228,425 |  | 230,642 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 3 |  |

Retained earnings | 228,325 |  | 230,639 |  |

SHAREHOLDERS' FUNDS | 228,425 |  | 230,642 |  |

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

BALANCE SHEET - continued

31ST JANUARY 2025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and authorised for issue by the director and authorised for issue on 1st October 2025 and were signed by:

Mr R Cook - Director

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

1. | STATUTORY INFORMATION

| Groundplay Ltd 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

| Significant judgements and estimates

| No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

| There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carriny amounts of assets and liabilities within the next financial years.

| Turnover

| When the outcome of a contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by the percentage complete of a contract at the balance sheet date.

| Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

| When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

| Tangible fixed assets

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Plant and machinery |  | - 25% on reducing balance |  |

| Fixtures and fittings |  | - 25% on reducing balance |  |

| Motor vehicles |  | - 25% on reducing balance |  |

| Computer equipment |  | - 33% on reducing balance |  |

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

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

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 5 ) .

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JANUARY 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1st February 2024 | 30,768 |  | 1,201 |  | 19,800 |  | 11,559 |  | 63,328 |  |

| Additions | 4,872 |  | - |  | 12,513 |  | 812 |  | 18,197 |  |

| At 31st January 2025 | 35,640 |  | 1,201 |  | 32,313 |  | 12,371 |  | 81,525 |  |

| DEPRECIATION

| At 1st February 2024 | 19,568 |  | 765 |  | 9,485 |  | 8,383 |  | 38,201 |  |

| Charge for year | 3,025 |  | 110 |  | 4,990 |  | 1,159 |  | 9,284 |  |

| At 31st January 2025 | 22,593 |  | 875 |  | 14,475 |  | 9,542 |  | 47,485 |  |

| NET BOOK VALUE

| At 31st January 2025 | 13,047 |  | 326 |  | 17,838 |  | 2,829 |  | 34,040 |  |

| At 31st January 2024 | 11,200 |  | 436 |  | 10,315 |  | 3,176 |  | 25,127 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1st February 2024 | 10,500 |  |

| Additions | 10,013 |  |

| At 31st January 2025 | 20,513 |  |

| DEPRECIATION

| At 1st February 2024 | 2,986 |  |

| Charge for year | 3,811 |  |

| At 31st January 2025 | 6,797 |  |

| NET BOOK VALUE

| At 31st January 2025 | 13,716 |  |

| At 31st January 2024 | 7,514 |  |

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JANUARY 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 106,264 |  | 69,532 |  |

| Other debtors | 24,751 |  | 21,124 |  |

| Directors' current accounts | 139,316 |  | 123,468 |  |

| VAT | 6,297 |  | 7,819 |  |

| Prepayments and accrued income | 4,526 |  | 4,378 |  |

281,154 |  | 226,321 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 11,265 |  | 10,000 |  |

| Hire purchase contracts | 6,546 |  | 3,500 |  |

| Trade creditors | 28,106 |  | 40,690 |  |

| Corporation tax | 39,916 |  | 41,500 |  |

| Social security and other taxes | (22,872 | ) | (32,547 | ) |

| Other creditors | 7,912 |  | 2,073 |  |

| Accruals and deferred income | 1,946 |  | 1,370 |  |

72,819 |  | 66,586 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 7,283 |  | 10,000 |  |

| Bank loans - 2-5 years | - |  | 7,324 |  |

| Hire purchase contracts | 4,172 |  | 3,208 |  |

11,455 |  | 20,532 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 10,718 |  | 6,708 |  |

| The hire purchase contracts are secured against the fixed assets to which they relate.

GROUNDPLAY LTD (REGISTERED NUMBER: 08864864)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JANUARY 2025

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 42 | A Ordinary | £1 | 42 |  | 1 |  |

| (2024 - 1 ) |

| 20 | B Ordinary | £1 | 20 |  | 1 |  |

| (2024 - 1 ) |

| 33 | C Ordinary | £1 | 33 |  | 1 |  |

| (2024 - 1 ) |

| 5 | D Ordinary | o1 | 5 |  | - |  |

100 |  | 3 |  |

| The following shares were issued during the year for consideration of £1:

| 1 Ordinary share of £1

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31st January 2025 and 31st January 2024:

2025 | 2024 |

£ | £ |

| Mr R Cook

| Balance outstanding at start of year | 123,468 |  | 81,095 |  |

| Amounts advanced | 143,698 |  | 128,140 |  |

| Amounts repaid | (127,850 | ) | (85,767 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 139,316 |  | 123,468 |  |

11. | RELATED PARTY DISCLOSURES

| During the year the company loaned amounts, interest free, to Ryco Transport Limited and Ryco Estates Limited, companies in which Mr R Cook, is also a director. At the balance sheet date the amount owed to Groundplay Limited was £21,522 (2024: £21,124) from Ryco Estates Limited and was £3,228 from Ryco Transport Limited.