REGISTERED NUMBER: 06605234 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Groves Gardens Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S N Groves

REGISTERED OFFICE:

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

REGISTERED NUMBER:

06605234 (England and Wales)

ACCOUNTANT:

P.A. Scammell

Accountant

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

23,565

21,795

23,565

21,795

CURRENT ASSETS

Debtors

6

85,081

31,575

Cash at bank

100,313

107,920

185,394

139,495

CREDITORS

Amounts falling due within one year

7

81,874

27,117

NET CURRENT ASSETS

103,520

112,378

TOTAL ASSETS LESS CURRENT LIABILITIES

127,085

134,173

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

127,083

134,171

127,085

134,173

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 by the director and authorised for issue on 12 September 2025 and were signed by:

S N Groves - Director

1.	STATUTORY INFORMATION

Groves Gardens 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

and 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

96,905

Additions

10,912

Disposals

(3,049

)

At 31 March 2025

104,768

DEPRECIATION

At 1 April 2024

75,110

Charge for year

7,855

Eliminated on disposal

(1,762

)

At 31 March 2025

81,203

NET BOOK VALUE

At 31 March 2025

23,565

At 31 March 2024

21,795

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

80,161

29,149

Other debtors

4,920

2,426

85,081

31,575

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

78,285

23,243

Other creditors

3,589

3,874

81,874

27,117

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

S N Groves

Balance outstanding at start of year

2,426

-

Amounts advanced

4,920

2,426

Amounts repaid

(2,426

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,920

2,426