Company Registration No. 03117267 (England and Wales)
Nine Grounds Limited
Unaudited accounts
for the year ended 31 October 2025
Nine Grounds Limited
Unaudited accounts
Contents
Nine Grounds Limited
Company Information
for the year ended 31 October 2025
Company Number
03117267 (England and Wales)
Registered Office
The Cottage Stockwood Vale
Keynsham
Bristol
BS31 2AL
Accountants
Jarrod Darby ACA
18 Florence Park
Bristol
BS6 7LP
Nine Grounds Limited
Statement of financial position
as at 31 October 2025
Tangible assets
56,322
44,640
Cash at bank and in hand
256,233
217,538
Creditors: amounts falling due within one year
(187,197)
(177,947)
Net current assets
303,603
255,368
Total assets less current liabilities
359,925
300,008
Creditors: amounts falling due after more than one year
(16,889)
(25,948)
Provisions for liabilities
Deferred tax
(12,812)
(9,810)
Net assets
330,224
264,250
Called up share capital
4,000
4,000
Share premium
13,440
13,440
Profit and loss account
312,784
246,810
Shareholders' funds
330,224
264,250
For the year ending 31 October 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 January 2026 and were signed on its behalf by
D F Jones
Director
Company Registration No. 03117267
Nine Grounds Limited
Notes to the Accounts
for the year ended 31 October 2025
Nine Grounds Limited is a private company, limited by shares, registered in England and Wales, registration number 03117267. The registered office is The Cottage Stockwood Vale, Keynsham, Bristol, BS31 2AL.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Nine Grounds Limited
Notes to the Accounts
for the year ended 31 October 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
24,376
146,839
4,226
20,015
195,456
Additions
5,580
29,999
-
2,133
37,712
At 31 October 2025
29,956
176,838
4,226
22,148
233,168
At 1 November 2024
12,754
123,097
4,226
10,739
150,816
Charge for the year
5,125
16,636
-
4,269
26,030
At 31 October 2025
17,879
139,733
4,226
15,008
176,846
At 31 October 2025
12,077
37,105
-
7,140
56,322
At 31 October 2024
11,622
23,742
-
9,276
44,640
Amounts falling due within one year
Trade debtors
230,109
210,155
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Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
16,448
18,212
Trade creditors
22,316
27,133
Taxes and social security
45,661
44,555
Other creditors
5,858
3,612
Deferred income
11,328
10,321
Nine Grounds Limited
Notes to the Accounts
for the year ended 31 October 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
16,889
25,948
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Average number of employees
During the year the average number of employees was 89 (2024: 87).