REGISTERED NUMBER: 11928716 (England and Wales)

Financial Statements for the Year Ended 29 April 2025

for

The Groundworks Firm Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P D'Souza

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

11928716 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

316

422

CURRENT ASSETS

Debtors

5

23,957

23,957

Cash at bank

868

956

24,825

24,913

CREDITORS

Amounts falling due within one year

6

27,060

26,520

NET CURRENT LIABILITIES

(2,235

)

(1,607

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,919

)

(1,185

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(1,920

)

(1,186

)

SHAREHOLDERS' FUNDS

(1,919

)

(1,185

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 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 29 April 2026 and were signed by:

Mr P D'Souza - Director

1.	STATUTORY INFORMATION

The Groundworks Firm 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.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 30 April 2024

and 29 April 2025

1,000

DEPRECIATION

At 30 April 2024

578

Charge for year

106

At 29 April 2025

684

NET BOOK VALUE

At 29 April 2025

316

At 29 April 2024

422

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

£

Amounts owed by associates

10,000

10,000

Other debtors

13,957

13,957

23,957

23,957

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

£

Taxation and social security

14,151

14,151

Other creditors

12,909

12,369

27,060

26,520

7.	RELATED PARTY DISCLOSURES

The director, Mr P D'Souza is considered to be the key management personnel