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REGISTERED NUMBER: 08306172 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Green Goblet Ltd

Green Goblet Ltd (Registered number: 08306172)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Green Goblet Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTORS: A C Hopkinson
Impact





REGISTERED OFFICE: Unit 1A Commerce Way
Highbridge
Somerset
TA9 4AG





REGISTERED NUMBER: 08306172 (England and Wales)





ACCOUNTANTS: Probusiness Ltd
St Lawrence Lodge
37 Chamberlain Street
Wells
Somerset
BA5 2PQ

Green Goblet Ltd (Registered number: 08306172)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Tangible assets 4 248,492 289,986

CURRENT ASSETS
Stocks 454,005 589,583
Debtors 5 257,420 126,525
Cash at bank and in hand 235,005 64,837
946,430 780,945
CREDITORS
Amounts falling due within one year 6 (804,364 ) (725,391 )
NET CURRENT ASSETS 142,066 55,554
TOTAL ASSETS LESS CURRENT
LIABILITIES

390,558

345,540

CREDITORS
Amounts falling due after more than one
year

7

(29,373

)

(44,878

)
NET ASSETS 361,185 300,662

CAPITAL AND RESERVES
Called up share capital 895 895
Share premium 94,905 94,905
Retained earnings 265,385 204,862
SHAREHOLDERS' FUNDS 361,185 300,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Green Goblet Ltd (Registered number: 08306172)

Balance Sheet - continued
31 December 2021


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 7 September 2022 and were signed on its behalf by:





A C Hopkinson - Director


Green Goblet Ltd (Registered number: 08306172)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Green Goblet 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.

Preparation of consolidated financial statements
The financial statements contain information about Green Goblet Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Proplast SASU, 150 Route De Lallaing, Flines Lez Raches, 59148 France.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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.


Green Goblet Ltd (Registered number: 08306172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2020 - 21 ) .

Green Goblet Ltd (Registered number: 08306172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 523,828
Additions 33,989
Disposals (20,583 )
At 31 December 2021 537,234
DEPRECIATION
At 1 January 2021 233,842
Charge for year 67,415
Eliminated on disposal (12,515 )
At 31 December 2021 288,742
NET BOOK VALUE
At 31 December 2021 248,492
At 31 December 2020 289,986

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

Plant and
machinery
etc
£   
COST
At 1 January 2021 71,545
Disposals (14,750 )
At 31 December 2021 56,795
DEPRECIATION
At 1 January 2021 30,246
Charge for year 8,769
Eliminated on disposal (8,527 )
At 31 December 2021 30,488
NET BOOK VALUE
At 31 December 2021 26,307
At 31 December 2020 41,299

Green Goblet Ltd (Registered number: 08306172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 243,906 111,932
Other debtors 13,514 14,593
257,420 126,525

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 152,045 -
Hire purchase contracts and finance leases 17,181 30,783
Trade creditors 305,673 533,937
Taxation and social security 116,664 136,880
Other creditors 212,801 23,791
804,364 725,391

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.21 31.12.20
£    £   
Hire purchase contracts and finance leases 29,373 44,878

Green Goblet Ltd (Registered number: 08306172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

8. RELATED PARTY DISCLOSURES

During the year the company entered into transactions with related group companies as follows:

ECOCUP DISTRIBUTION UK LTD - for the purchase of goods and services. The amount of these transactions during the year was £0 (2020 - £9,720)


ECOCUP FRANCE - for the purchase of goods and services. The amount of these transactions during the year was £107,254.18 - (2020 - £133892.44)


ECOCUP DISTRIBUTION SARL FRANCE - for the purchase of goods and services. The amount of these transactions during the year was £0 (2020 - £0)


PROPLAST GROUP - for the purchase of goods and services. The amount of these transactions during the year was £6,826.59 (2020 - £44,444.18)


NUTRIPACK RG - for the purchase of goods and services. The amount of these transactions during the year was £281,008.63 (2020 - £439,906.80)


IMPACT - for the purchase of goods and services. The amount of these transactions during the year was £15,561.30 (2020 - £7,553.42)


R & D UNIK - for the purchase of goods and services. The amount of these transactions during the year was £0 (2020 - £0)

NUTRIPACK France - for the purchase of goods and services. The amount of these transacton during the year was £3,364.16 (2020 - £0)


At the balance sheet date, 31/12/21 the outstanding balance with:

ECOCUP DISTRIBUTION UK LTD was £0 (31/12/20 - £33,720)

ECOCUP FRANCE was £126,556.98 - (31/12/20 - £165,113.02)

ECOCUP DISTRIBUTION SARL FRANCE was £38,477.84 (31/12/20 - £38,477.84)

PROPLAST GROUP was £3,730.28 (31/12/19 - £3,377.28)

NUTRIPACK RG was £22,648.77 (31/12/20 - £170,792.38)

NUTRIPACK France was £3,080.79 (31/12/20 - £0)

R & D UNIK - was £128,995.62 (31/12/20 - £128,995.62)

IMPACT - was £2,412.15 (31/12/20 - £0)

Green Goblet Ltd (Registered number: 08306172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

9. ULTIMATE CONTROLLING PARTY

The controlling party is Greencup SAS.

The ultimate controlling party is IMPACT SAS.