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Company No: 14235320 (England and Wales)

# GROUNDKEY LIMITED

### Unaudited Financial Statements
For the financial year ended 30 November 2025
Pages for filing with the registrar

GROUNDKEY LIMITED

## Unaudited Financial Statements

For the financial year ended 30 November 2025

Contents

GROUNDKEY LIMITED

## COMPANY INFORMATION

For the financial year ended 30 November 2025
GROUNDKEY LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 30 November 2025

DIRECTOR | S R M Seller

REGISTERED OFFICE | 102 High Road
| Chigwell
| IG7 6PJ
| United Kingdom

COMPANY NUMBER | 14235320 (England and Wales)

ACCOUNTANT | Gravita Essex Limited
| Treviot House
| 186-192 High Road
| Ilford
| Essex
| IG1 1LR
| United Kingdom

GROUNDKEY LIMITED

## BALANCE SHEET

As at 30 November 2025
GROUNDKEY LIMITED

## BALANCE SHEET (continued)

As at 30 November 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 2,152 |  | 177,425
|  | 2,152 |  | 177,425
Creditors: amounts falling due within one year | 4 | ( 1,434) |  | ( 16,872)
Net current assets |  | 718 |  | 160,553
Total assets less current liabilities |  | 718 |  | 160,553
Net assets |  | 718 |  | 160,553
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 618 |  | 160,453
Total shareholder's funds |  | 718 |  | 160,553

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Groundkey Limited (registered number: 14235320) were approved and authorised for issue by the Director on 02 March 2026. They were signed on its behalf by:

S R M Seller Director |

GROUNDKEY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2025
GROUNDKEY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Groundkey Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 102 High Road, Chigwell, IG7 6PJ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The balance sheet at the end of the year recorded net current liabilities. However, the director believes that sufficient financial resources are available to the company to enable it to continue trading into the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.

##### Turnover

Turnover consideration received or receivable in relation to the sale of properties.

##### Taxation

Current tax
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Parent undertakings | 2,137 |  | 177,425
Corporation tax | 15 |  | 0
| 2,152 |  | 177,425

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Accruals | 1,434 |  | 1,950
Taxation and social security | 0 |  | 14,922
| 1,434 |  | 16,872

#### 5. Ultimate controlling party

The ultimate controlling party is RMP Prop Limited a private company, limited by shares, registered in England and Wales. Registered number is 08792159 and registered office is 102 High Road, Chigwell, Essex, IG7 6PJ.