Acorah Software Products - Accounts Production 19.2.450 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 11202350 Mrs Katharine Dempster Mr William Dempster Mr Scott Humphreys iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11202350 2025-01-31 11202350 2026-01-31 11202350 2025-02-01 2026-01-31 11202350 frs-core:CurrentFinancialInstruments 2026-01-31 11202350 frs-core:CapitalRedemptionReserve 2026-01-31 11202350 frs-core:ShareCapital 2026-01-31 11202350 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 11202350 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 11202350 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 11202350 frs-bus:SmallEntities 2025-02-01 2026-01-31 11202350 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 11202350 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 11202350 frs-core:RevaluationInvestmentPropertyDeferredTax 2026-01-31 11202350 frs-core:CostValuation 2025-01-31 11202350 frs-core:CostValuation 2026-01-31 11202350 frs-core:ProvisionsForImpairmentInvestments 2025-01-31 11202350 frs-core:ProvisionsForImpairmentInvestments 2026-01-31 11202350 frs-bus:Director1 2025-02-01 2026-01-31 11202350 frs-bus:Director2 2025-02-01 2026-01-31 11202350 frs-bus:Director3 2025-02-01 2026-01-31 11202350 frs-countries:EnglandWales 2025-02-01 2026-01-31 11202350 2024-01-31 11202350 2025-01-31 11202350 2024-02-01 2025-01-31 11202350 frs-core:CurrentFinancialInstruments 2025-01-31 11202350 frs-core:CapitalRedemptionReserve 2025-01-31 11202350 frs-core:ShareCapital 2025-01-31 11202350 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11202350 frs-core:RevaluationInvestmentPropertyDeferredTax 2025-01-31
Registered number: 11202350
Groundshire Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Beach Accountants Limited
Chartered Certified Accountants
10 Blue Sky Way
Monkton Business Park South
Hebburn
South Tyneside
NE31 2EQ
Groundshire Holdings Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Groundshire Holdings Limited
Balance Sheet
As At 31 January 2026
Balance Sheet
Registered number: 11202350

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 370,000 |  | 370,000
Investments | 5 |  | 35,100 |  | 35,100
|  |  | 405,100 |  | 405,100
CURRENT ASSETS
Debtors | 6 | 72,872 |  | 103,503 |
Cash at bank and in hand |  | 671,796 |  | 657,406 |
|  | 744,668 |  | 760,909 |
Creditors: Amounts Falling Due Within One Year | 7 | (5,032 ) |  | (3,246 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 739,636 |  | 757,663
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,144,736 |  | 1,162,763
PROVISIONS FOR LIABILITIES
Deferred Taxation | 8 |  | (30,615 ) |  | (30,615 )
NET ASSETS |  |  | 1,114,121 |  | 1,132,148
CAPITAL AND RESERVES
Called up share capital | 9 |  | 23,917 |  | 23,917
Capital redemption reserve |  |  | 11,083 |  | 11,083
Profit and Loss Account |  |  | 1,079,121 |  | 1,097,148
SHAREHOLDERS' FUNDS |  |  | 1,114,121 |  | 1,132,148

Page 1
Page 2
Groundshire Holdings Limited
Balance Sheet (continued)
As At 31 January 2026
For the year ending 31 January 2026 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mrs Katharine Dempster Director
31/03/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Groundshire Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 January 2026
Notes to the Financial Statements
1. General Information
Groundshire Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11202350 . The registered office is Littleburn House, Littleburn Industrial Estate, Langley Moor, Durham, DH7 8HJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Investment Property

| 2026
--- | ---
| £
Fair Value
As at 1 February 2025 and 31 January 2026 | 370,000

Page 3
Page 4
Groundshire Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
5. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 February 2025 | 35,100
As at 31 January 2026 | 35,100
Provision
As at 1 February 2025 | -
As at 31 January 2026 | -
Net Book Value
As at 31 January 2026 | 35,100
As at 1 February 2025 | 35,100

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Directors' loan accounts | - |  | 28,771
Amounts owed by group undertakings | 72,872 |  | 74,732
| 72,872 |  | 103,503

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Corporation tax | 2,985 |  | 2,366
Other creditors | 354 |  | -
Accruals and deferred income | 1,593 |  | 780
Amounts owed to group undertakings | 100 |  | 100
| 5,032 |  | 3,246

The above loans are unsecured, interest free and repayable on demand.
8. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Revaluation of investment properties | 30,615 |  | 30,615

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 23,917 |  | 23,917

10. Directors Advances, Credits and Guarantees
Page 4
Page 5
Groundshire Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
Dividends paid to directors

| 2026 | 2025
--- | --- | ---
| £ | £
Mrs Katharine Dempster | 10,660 | 42,134
Mr William Dempster | 10,661 | 42,134
Mr Scott Humphreys | 9,433 | 36,960

11. Dividends

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 30,754 |  | 121,228

12. Related Party Transactions
Groundshire LimitedSubsidiary Company

Groundshire Limited

Subsidiary Company

Groundshire North East LimitedSubsidiary Company

Groundshire North East Limited

Subsidiary Company

Page 5