REGISTERED NUMBER: 08864864 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

GROUNDPLAY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R Cook

REGISTERED OFFICE:

53 Parkland View

Lundwood

Barnsley

S71 5LG

REGISTERED NUMBER:

08864864 (England and Wales)

ACCOUNTANTS:

Xeinadin Barnsley Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

National Westminster Bank plc

26 Market Hill

Barnsley

South Yorkshire

S70 2QE

FIXED ASSETS

Tangible assets

4

32,525

34,040

CURRENT ASSETS

Debtors

5

281,111

281,154

Cash at bank and in hand

4,208

1,730

285,319

282,884

CREDITORS

Amounts falling due within one year

6

105,688

72,819

NET CURRENT ASSETS

179,631

210,065

TOTAL ASSETS LESS CURRENT LIABILITIES

212,156

244,105

CREDITORS

Amounts falling due after more than one year

7

(1,536

)

(11,455

)

PROVISIONS FOR LIABILITIES

(4,078

)

(4,225

)

NET ASSETS

206,542

228,425

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

206,442

228,325

SHAREHOLDERS' FUNDS

206,542

228,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and authorised for issue by the director and authorised for issue on 26 October 2026 and were signed by:

Mr R Cook - Director

1.	STATUTORY INFORMATION

Groundplay 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carriny amounts of assets and liabilities within the next financial years.

Turnover

When the outcome of a contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by the percentage complete of a contract at the balance sheet date.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery

- 25% on reducing balance

Fixtures and fittings

- 25% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer equipment

- 33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

35,640

1,201

32,313

12,371

81,525

Additions

7,226

-

-

531

7,757

At 31 January 2026

42,866

1,201

32,313

12,902

89,282

DEPRECIATION

At 1 February 2025

22,593

875

14,475

9,542

47,485

Charge for year

3,787

81

4,578

826

9,272

At 31 January 2026

26,380

956

19,053

10,368

56,757

NET BOOK VALUE

At 31 January 2026

16,486

245

13,260

2,534

32,525

At 31 January 2025

13,047

326

17,838

2,829

34,040

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

and 31 January 2026

10,013

DEPRECIATION

At 1 February 2025

2,167

Charge for year

1,961

At 31 January 2026

4,128

NET BOOK VALUE

At 31 January 2026

5,885

At 31 January 2025

7,846

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

115,876

106,264

Other debtors

35,791

24,751

Directors' current accounts

119,971

139,316

VAT

6,405

6,297

Prepayments and accrued income

3,068

4,526

281,111

281,154

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

28,602

11,265

Hire purchase contracts

3,337

6,546

Trade creditors

57,878

28,107

Corporation tax

44,614

39,916

Social security and other taxes

(38,653

)

(22,872

)

Other creditors

7,883

7,912

Accruals and deferred income

2,027

1,945

105,688

72,819

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans - 1-2 years

-

7,283

Hire purchase contracts

1,536

4,172

1,536

11,455

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Hire purchase contracts

4,873

10,718

The hire purchase contracts are secured against the fixed assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

42

A Ordinary

£1

42

42

20

B Ordinary

£1

20

20

33

C Ordinary

£1

33

33

5

D Ordinary

o1

5

5

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Mr R Cook

Balance outstanding at start of year

139,316

123,468

Amounts advanced

122,947

143,698

Amounts repaid

(142,292

)

(127,850

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

119,971

139,316

11.	RELATED PARTY DISCLOSURES

During the year the company loaned amounts, interest free, to Ryco Transport Limited and Ryco Estates Limited, companies in which Mr R Cook, is also a director. At the balance sheet date the amount owed to Groundplay Limited was £27,176 (2025: £21,792) from Ryco Estates Limited and was £8,616 (2025:£3,958) from Ryco Transport Limited.