IRIS Accounts Production v26.1.10.61 03391485 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false false true false Ordinary A 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03391485 2024-12-31 03391485 2025-12-31 03391485 2025-01-01 2025-12-31 03391485 2023-12-31 03391485 2024-01-01 2024-12-31 03391485 2024-12-31 03391485 ns15:EnglandWales 2025-01-01 2025-12-31 03391485 ns14:PoundSterling 2025-01-01 2025-12-31 03391485 ns10:Director1 2025-01-01 2025-12-31 03391485 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03391485 ns10:SmallEntities 2025-01-01 2025-12-31 03391485 ns10:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 03391485 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 03391485 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03391485 ns10:FullAccounts 2025-01-01 2025-12-31 03391485 1 2025-01-01 2025-12-31 03391485 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 03391485 ns10:Director2 2025-01-01 2025-12-31 03391485 ns10:RegisteredOffice 2025-01-01 2025-12-31 03391485 ns5:CurrentFinancialInstruments 2025-12-31 03391485 ns5:CurrentFinancialInstruments 2024-12-31 03391485 ns5:Non-currentFinancialInstruments 2025-12-31 03391485 ns5:Non-currentFinancialInstruments 2024-12-31 03391485 ns5:ShareCapital 2025-12-31 03391485 ns5:ShareCapital 2024-12-31 03391485 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 03391485 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 03391485 ns5:NetGoodwill 2025-01-01 2025-12-31 03391485 ns5:NetGoodwill 2024-12-31 03391485 ns5:NetGoodwill 2025-12-31 03391485 ns5:NetGoodwill 2024-12-31 03391485 ns5:LeaseholdImprovements 2024-12-31 03391485 ns5:PlantMachinery 2024-12-31 03391485 ns5:FurnitureFittings 2024-12-31 03391485 ns5:LeaseholdImprovements 2025-01-01 2025-12-31 03391485 ns5:PlantMachinery 2025-01-01 2025-12-31 03391485 ns5:FurnitureFittings 2025-01-01 2025-12-31 03391485 ns5:LeaseholdImprovements 2025-12-31 03391485 ns5:PlantMachinery 2025-12-31 03391485 ns5:FurnitureFittings 2025-12-31 03391485 ns5:LeaseholdImprovements 2024-12-31 03391485 ns5:PlantMachinery 2024-12-31 03391485 ns5:FurnitureFittings 2024-12-31 03391485 ns5:MotorVehicles 2024-12-31 03391485 ns5:ComputerEquipment 2024-12-31 03391485 ns5:MotorVehicles 2025-01-01 2025-12-31 03391485 ns5:ComputerEquipment 2025-01-01 2025-12-31 03391485 ns5:MotorVehicles 2025-12-31 03391485 ns5:ComputerEquipment 2025-12-31 03391485 ns5:MotorVehicles 2024-12-31 03391485 ns5:ComputerEquipment 2024-12-31 03391485 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 03391485 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 03391485 ns5:Non-currentFinancialInstruments 2025-01-01 2025-12-31 03391485 ns5:DeferredTaxation 2024-12-31 03391485 ns5:DeferredTaxation 2025-12-31 03391485 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 03391485 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

CPS (GROUNDS) LTD

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Contents of the Financial Statements

for the year ended 31 December 2025

Page |

| Company Information | 1 |

| Chartered Accountants' Report | 2 |

| Balance Sheet | 3 |

| Notes to the Financial Statements | 5 |

| CPS (GROUNDS) LTD |

Company Information

for the year ended 31 December 2025

| DIRECTORS: | C I Richardson

| B J D Ferris

| REGISTERED OFFICE: | The Workshop

| Heathfield Farm, Siston Lane

| Bristol

| BS30 5LX

| REGISTERED NUMBER: | 03391485 (England and Wales)

| ACCOUNTANTS: | Richardson Swift

| Chartered Accountants

| 11 Laura Place

| Bath

| BA2 4BL

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

CPS (Grounds) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CPS (Grounds) Ltd for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CPS (Grounds) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CPS (Grounds) Ltd and state those matters that we have agreed to state to the Board of Directors of CPS (Grounds) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CPS (Grounds) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CPS (Grounds) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CPS (Grounds) Ltd. You consider that CPS (Grounds) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CPS (Grounds) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

5 August 2026

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 1,130,996 |  | 564,876 |  |

1,130,996 |  | 564,876 |  |

CURRENT ASSETS

Stocks | 17,468 |  | 15,376 |  |

Debtors | 6 | 251,069 |  | 260,008 |  |

Investments | 7 | 175,790 |  | 135,790 |  |

Cash at bank and in hand | 99,090 |  | 33,927 |  |

543,417 |  | 445,101 |  |

CREDITORS

Amounts falling due within one year | 8 | 398,832 |  | 341,029 |  |

NET CURRENT ASSETS | 144,585 |  | 104,072 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,275,581 |  | 668,948 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (687,646 | ) | (242,132 | ) |

PROVISIONS FOR LIABILITIES | 11 | (178,066 | ) | (107,327 | ) |

NET ASSETS | 409,869 |  | 319,489 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 100 |  | 100 |  |

Retained earnings | 409,769 |  | 319,389 |  |

SHAREHOLDERS' FUNDS | 409,869 |  | 319,489 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Balance Sheet - continued

31 December 2025

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 Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

C I Richardson - Director

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Notes to the Financial Statements

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| CPS (Grounds) 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised when the service is rendered.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Alterations to leasehold |  | - 10% on cost |  |

| Plant and machinery |  | - 20% to 25% on reducing balance |  |

| Fixtures and fittings |  | - 25% on reducing balance |  |

| Motor vehicles |  | - 25% on reducing balance |  |

| Webbs Heath premises |  | - 25% on reducing balance |  |

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference between an assets carrying amount and the present value of estimated cash flows discounted at the assets original effective interest rate determined under the contract.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an assets carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

| Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Critical accounting estimates and judgements

| No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 52 (2024 - 52 ) .

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 72,761 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 72,761 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Alterations |  | Fixtures

| Plant and |  | to |  | and

| machinery |  | leasehold |  | fittings

£ | £ | £ |

| COST OR VALUATION

| At 1 January 2025 | 1,150,180 |  | 10,000 |  | 19,237 |  |

| Additions | 428,876 |  | - |  | 15,568 |  |

| Disposals | (184,572 | ) | - |  | (4,721 | ) |

| At 31 December 2025 | 1,394,484 |  | 10,000 |  | 30,084 |  |

| DEPRECIATION

| At 1 January 2025 | 814,114 |  | 3,115 |  | 10,476 |  |

| Charge for year | 119,668 |  | 940 |  | 3,598 |  |

| Eliminated on disposal | (161,472 | ) | - |  | (3,954 | ) |

| At 31 December 2025 | 772,310 |  | 4,055 |  | 10,120 |  |

| NET BOOK VALUE

| At 31 December 2025 | 622,174 |  | 5,945 |  | 19,964 |  |

| At 31 December 2024 | 336,066 |  | 6,885 |  | 8,761 |  |

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

5. | TANGIBLE FIXED ASSETS - continued

| Webbs |

| Motor |  | Heath |

| vehicles |  | premises |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 January 2025 | 671,127 |  | 48,377 |  | 1,898,921 |  |

| Additions | 356,270 |  | - |  | 800,714 |  |

| Disposals | (47,232 | ) | - |  | (236,525 | ) |

| At 31 December 2025 | 980,165 |  | 48,377 |  | 2,463,110 |  |

| DEPRECIATION

| At 1 January 2025 | 460,092 |  | 46,248 |  | 1,334,045 |  |

| Charge for year | 84,688 |  | 52 |  | 208,946 |  |

| Eliminated on disposal | (45,451 | ) | - |  | (210,877 | ) |

| At 31 December 2025 | 499,329 |  | 46,300 |  | 1,332,114 |  |

| NET BOOK VALUE

| At 31 December 2025 | 480,836 |  | 2,077 |  | 1,130,996 |  |

| At 31 December 2024 | 211,035 |  | 2,129 |  | 564,876 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 99,484 |  | 178,041 |  |

| Other debtors | 151,585 |  | 81,967 |  |

251,069 |  | 260,008 |  |

7. | CURRENT ASSET INVESTMENTS

2025 | 2024 |

£ | £ |

| Other | 175,790 |  | 135,790 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,000 |  | 10,000 |  |

| Hire purchase contracts | 271,260 |  | 135,454 |  |

| Trade creditors | 33,488 |  | 25,575 |  |

| Taxation and social security | 78,310 |  | 131,500 |  |

| Other creditors | 10,774 |  | 38,500 |  |

398,832 |  | 341,029 |  |

| CPS (GROUNDS) LTD (REGISTERED NUMBER: 03391485) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 5,000 |  |

| Hire purchase contracts | 687,646 |  | 237,132 |  |

687,646 |  | 242,132 |  |

| The hire purchase liabilities of £958,906 (2024: £372,586) are secured on the assets to which they relate.

10. | SECURED DEBTS

| Included in loans is a government backed Bounce Back Loan.

11. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 178,066 |  | 107,327 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 107,327 |  |

| Accelerated capital allowances | 107,562 |  |

| Deferred tax on losses | (36,823 | ) |

| Balance at 31 December 2025 | 178,066 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary A | £1 | 100 |  | 100 |  |

13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the balance sheet date a Director owed the company £98,057 (2024: £57,278). There were advances of £127,168 and repayments of £85,389.

14. | LEASING COMMITMENTS

| At the year end the company had outstanding lease commitments of £626 (2024: £2,504).