Ground Six Limited

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

Registered number: 07821998

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		294		510
Investments	6		44,557		44,557

			44,851		45,067
CURRENT ASSETS
Debtors	7	32,662		56,023
Cash at bank and in hand		421		1,804

		33,083		57,827
Creditors: Amounts Falling Due Within One Year	8	(4,049 )		(13,613 )

NET CURRENT ASSETS (LIABILITIES)			29,034		44,214

TOTAL ASSETS LESS CURRENT LIABILITIES			73,885		89,281

Creditors: Amounts Falling Due After More Than One Year	9		(1,281,896 )		(1,283,400 )

NET LIABILITIES			(1,208,011 )		(1,194,119 )

CAPITAL AND RESERVES
Called up share capital	10		5,000		5,000
Profit and Loss Account			(1,213,011 )		(1,199,119 )

SHAREHOLDERS' FUNDS			(1,208,011)		(1,194,119)

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Ground Six Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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

Mr Roy Stanley

Director

11th September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Ground Six Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07821998 . The registered office is Spaceworks, Benton Park Road, Newcastle Upon Tyne, NE7 7LX.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20
Fixtures & Fittings	15
Computer Equipment	33

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 January 2025	670,990

As at 31 December 2025	670,990

...CONTINUED

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Ground Six Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Amortisation
As at 1 January 2025	670,990

As at 31 December 2025	670,990

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	-	3,208	20,243	23,451

As at 31 December 2025	-	3,208	20,243	23,451

Depreciation
As at 1 January 2025	-	3,192	19,749	22,941
Provided during the period	25	-	191	216

As at 31 December 2025	25	3,192	19,940	23,157

Net Book Value
As at 31 December 2025	(25 )	16	303	294

As at 1 January 2025	-	16	494	510

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2025	44,557

As at 31 December 2025	44,557

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	44,557

As at 1 January 2025	44,557

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Ground Six Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	14,800	1,200
Prepayments and accrued income	900	900
Other debtors	16,962	53,923

	32,662	56,023

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	(967 )	9,046
Other taxes and social security	465	473
VAT	1,590	1,318
Credit cards	1,761	2,176
Accruals	1,200	600

	4,049	13,613

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors (1)	1,281,896	1,283,400

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	5,000	5,000

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