Grounddown Construction Limited

Grounddown Construction Limited
Contents Page
For the year ended 31 January 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Grounddown Construction Limited Accountants' Report For the year ended 31 January 2026
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Grounddown Construction Limited for the year ended 31 January 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Grounddown Construction Limited for the year ended 31 January 2026 which comprise of the Profit and Loss Account, the Balance Sheet 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com. This report is made solely to the Board of Directors of Grounddown Construction Limited , as a body, in accordance with the terms of our engagement letter dated 18 September 2026. Our work has been undertaken solely to prepare for your approval the accounts of Grounddown Construction Limited and state those matters that we have agreed to state to the Board of Directors of Grounddown Construction Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grounddown Construction Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Grounddown Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Grounddown Construction Limited. You consider that Grounddown Construction Limited 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 accounts of Grounddown Construction Limited. 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 accounts. .................................................... T & K Accounting Group 69 Banstead Road Carshalton SM5 3NP 18 September 2026 1

Grounddown Construction Limited
Accountants' Report
For the year ended 31 January 2026

Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Grounddown Construction Limited for the year ended 31 January 2026.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Grounddown Construction Limited for the year ended 31 January 2026 which comprise of the Profit and Loss Account, the Balance Sheet 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of Grounddown Construction Limited , as a body, in accordance with the terms of our engagement letter dated 18 September 2026. Our work has been undertaken solely to prepare for your approval the accounts of Grounddown Construction Limited and state those matters that we have agreed to state to the Board of Directors of Grounddown Construction Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grounddown Construction Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Grounddown Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Grounddown Construction Limited. You consider that Grounddown Construction Limited 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 accounts of Grounddown Construction Limited. 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 accounts.

....................................................

T & K Accounting Group
69 Banstead Road
Carshalton
SM5 3NP
18 September 2026

1

Grounddown Construction Limited
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	19,167	29,167
Tangible fixed assets	4	105,871	69,684
		125,038	98,851
Current assets
Debtors		3,935	3,897
Cash at bank and in hand		60,694	77,136
		64,629	81,033
Creditors: amount falling due within one year		(40,238)	(48,023)
Net current assets		24,391	33,010

Total assets less current liabilities		149,429	131,861
Accruals and deferred income		0	(25,000)
Net assets		149,429	106,861

Capital and reserves
Called up share capital	5	100	100
Share Premium Account		61,000	61,000
Profit and loss account		88,329	45,761
Shareholders' funds		149,429	106,861

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 18 September 2026 and were signed by:

-------------------------------
Alick Camen Kane
Director

2

Grounddown Construction Limited
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Grounddown Construction Limited is a private company, limited by shares, registered in , registration number 14567306, registration address 24 Sheringham Road, Anerley, London, SE20 7YJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Motor Vehicles	20% Straight Line
Computer Equipment	20% Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2025 : 1).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 February 2025	50,000	50,000
Additions	-	-
Disposals	-	-
At 31 January 2026	50,000	50,000
Amortisation
At 01 February 2025	20,833	20,833
Charge for year	10,000	10,000
On disposals	-	-
At 31 January 2026	30,833	30,833
Net book values
At 31 January 2026	19,167	19,167
At 31 January 2025	29,167	29,167

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 February 2025	12,816	83,001	1,552	97,369
Additions	38,845	36,000	-	74,845
Disposals	-	(23,019)	-	(23,019)
At 31 January 2026	51,661	95,982	1,552	149,195
Depreciation
At 01 February 2025	4,444	22,874	367	27,685
Charge for year	6,038	16,197	310	22,545
On disposals	-	(6,906)	-	(6,906)
At 31 January 2026	10,482	32,165	677	43,324
Net book values
Closing balance as at 31 January 2026	41,179	63,817	875	105,871
Opening balance as at 01 February 2025	8,372	60,127	1,185	69,684

5.

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

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