Company Registration Number 04130795 (England and Wales)
GROUNDWISE SEARCHES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
GROUNDWISE SEARCHES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
188
4,977
Current assets
244,408
236,213
Creditors: amounts falling due within one year
(194,199)
(185,978)
Net current assets
50,209
50,235
Total assets less current liabilities
50,397
55,212
Creditors: amounts falling due after more than one year
(4,167)
Net assets
50,397
51,045
Capital and reserves
50,397
51,045
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
At the year end the company was owed £79,621 from the director. Interest has been charged at a rate of 2.25%. The loan was repaid within 9 months of the year end.
2
Financial commitments, guarantees and contingencies
The aggregate amount of creditors for which security has been provided amounts to £74,072 (2024: £85,798).
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases totalling £7,168 (2024: £12,228)
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
5
5
Groundwise Searches Limited is a private company limited by shares incorporated in England and Wales. The registered office is Matrix House, 12 - 16 Lionel Road, Canvey Island, Essex, SS8 9DE.
For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
GROUNDWISE SEARCHES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 27 July 2026
Mr D Gunn
Director
Company registration number 04130795 (England and Wales)