REGISTERED NUMBER: 08772777 (England and Wales)

Groundworks Coffee Limited

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B L Hedley

T P Weller

REGISTERED OFFICE:

22 Wymondley Road

Hitchin

Hertfordshire

SG4 9PN

REGISTERED NUMBER:

08772777 (England and Wales)

ACCOUNTANTS:

Kilby Fox

Chartered Accountants

4 Pavilion Court

600 Pavilion Drive

Northampton Business Park

Northampton

Northamptonshire

NN4 7SL

FIXED ASSETS

Tangible assets

4

29,206

33,548

CURRENT ASSETS

Stocks

4,505

4,514

Debtors

5

76,116

102,352

Cash at bank and in hand

208,525

160,527

289,146

267,393

CREDITORS

Amounts falling due within one year

6

88,406

95,013

NET CURRENT ASSETS

200,740

172,380

TOTAL ASSETS LESS CURRENT LIABILITIES

229,946

205,928

CREDITORS

Amounts falling due after more than one year

7

9,167

19,167

NET ASSETS

220,779

186,761

CAPITAL AND RESERVES

Called up share capital

150

150

Share premium

104,930

104,930

Retained earnings

115,699

81,681

220,779

186,761

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.

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 11 September 2026 and were signed on its behalf by:

B L Hedley - Director

T P Weller - Director

1.	STATUTORY INFORMATION

Groundworks Coffee Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

80,000

135,739

215,739

Additions

-

2,960

2,960

At 31 December 2025

80,000

138,699

218,699

DEPRECIATION

At 1 January 2025

80,000

102,191

182,191

Charge for year

-

7,302

7,302

At 31 December 2025

80,000

109,493

189,493

NET BOOK VALUE

At 31 December 2025

-

29,206

29,206

At 31 December 2024

-

33,548

33,548

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,984

2,869

Amounts owed by group undertakings

72,770

99,363

Other debtors

362

120

76,116

102,352

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,881

16,827

Taxation and social security

66,822

73,680

Other creditors

4,703

4,506

88,406

95,013

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

9,167

19,167