ACCOUNTS - Final Accounts preparation

Registered number: 16117956

GROUNDS MAINTENANCE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2025

GROUNDS MAINTENANCE LIMITED

REGISTERED NUMBER: 16117956

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025
Note		£

Fixed assets
Tangible assets	4		34,265
			34,265
Current assets
Stocks		6,100
Debtors: amounts falling due within one year	6	7,934
Cash at bank and in hand	7	634
		14,668
Creditors: amounts falling due within one year	8	(8,259)
Net current assets			6,409
Total assets less current liabilities			40,674
Creditors: amounts falling due after more than one year			(40,000)

Net assets			674

Capital and reserves
Called up share capital	10	100
Profit and loss account		574
		674

Page 1

GROUNDS MAINTENANCE LIMITED

REGISTERED NUMBER: 16117956

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 June 2026.

M Bone

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

GROUNDS MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Grounds Maintenance Limited is a private limited company by shares incorporated in England and Wales.The address of the registed office Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, United Kingdom, DA2 6QA. The principle activity of the company is Landscape service activities.

The company was incorporated on 4 December 2024 and started trading on 1 January 2025.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

GROUNDS MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	15%	Reducing balance
				Motor vehicles	-	25%	Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 1.

Page 4

GROUNDS MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

4.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost or valuation
Additions	6,400	29,995	36,395
At 31 December 2025	6,400	29,995	36,395
Depreciation
Charge for the period on owned assets	880	1,250	2,130
At 31 December 2025	880	1,250	2,130
Net book value
At 31 December 2025	5,520	28,745	34,265

5.	Stocks
		2025
		£

	Raw materials and consumables	2,600
	Work in progress	3,500
		6,100

Debtors

					2025
					£


	Trade debtors	2,010
	Other debtors	5,924
		7,934

Page 5

GROUNDS MAINTENANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

7.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	634
		634

8.	Creditors: Amounts falling due within one year
		2025
		£

	Other creditors	6,259
	Accruals and deferred income	2,000
		8,259

9.	Creditors: Amounts falling due after more than one year
		2025
		£

	Other creditors	40,000
		40,000

10.	Share capital
		2025
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

On incorporation 100 Ordinary £1 shares were issued at par.

11.	Related party transactions
	Included within other creditors due within one year is an amount of £6,259 due to the director of the company and included within other creditors due after more than one year is an amount of £40,000 due to the director of the company.

Page 6