IRIS Accounts Production v22.1.0.628 08413311 Board of Directors Board of Directors 1.4.21 31.3.22 31.3.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure084133112021-03-31084133112022-03-31084133112021-04-012022-03-31084133112020-03-31084133112020-04-012021-03-31084133112021-03-3108413311ns16:EnglandWales2021-04-012022-03-3108413311ns15:PoundSterling2021-04-012022-03-3108413311ns11:Director12021-04-012022-03-3108413311ns11:Director22021-04-012022-03-3108413311ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3108413311ns11:SmallEntities2021-04-012022-03-3108413311ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3108413311ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3108413311ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3108413311ns11:FullAccounts2021-04-012022-03-310841331112021-04-012022-03-3108413311ns11:RegisteredOffice2021-04-012022-03-3108413311ns6:CurrentFinancialInstruments2022-03-3108413311ns6:CurrentFinancialInstruments2021-03-3108413311ns6:Non-currentFinancialInstruments2022-03-3108413311ns6:Non-currentFinancialInstruments2021-03-3108413311ns6:ShareCapital2022-03-3108413311ns6:ShareCapital2021-03-3108413311ns6:RetainedEarningsAccumulatedLosses2022-03-3108413311ns6:RetainedEarningsAccumulatedLosses2021-03-3108413311ns6:NetGoodwill2021-04-012022-03-3108413311ns6:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3108413311ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-04-012022-03-3108413311ns6:FurnitureFittings2021-04-012022-03-3108413311ns6:ComputerEquipment2021-04-012022-03-3108413311ns6:NetGoodwill2021-03-3108413311ns6:NetGoodwill2022-03-3108413311ns6:NetGoodwill2021-03-3108413311ns6:LandBuildings2021-03-3108413311ns6:FurnitureFittings2021-03-3108413311ns6:ComputerEquipment2021-03-3108413311ns6:LandBuildings2021-04-012022-03-3108413311ns6:LandBuildings2022-03-3108413311ns6:FurnitureFittings2022-03-3108413311ns6:ComputerEquipment2022-03-3108413311ns6:LandBuildings2021-03-3108413311ns6:FurnitureFittings2021-03-3108413311ns6:ComputerEquipment2021-03-3108413311ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3108413311ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-31
REGISTERED NUMBER: 08413311 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

GREENWAY HOUSE RESIDENTIAL HOME LIMITED

GREENWAY HOUSE RESIDENTIAL HOME LIMITED (REGISTERED NUMBER: 08413311)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GREENWAY HOUSE RESIDENTIAL HOME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mrs D Roberts
Mrs C Munslow





REGISTERED OFFICE: 103 Springhill Lane
Lower Penn
Wolverhampton
West Midlands
WV4 4TW





REGISTERED NUMBER: 08413311 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

GREENWAY HOUSE RESIDENTIAL HOME LIMITED (REGISTERED NUMBER: 08413311)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 10,000
Tangible assets 5 140,196 146,530
145,196 156,530

CURRENT ASSETS
Debtors 6 68,205 30,052
Prepayments and accrued income 235 234
Cash at bank and in hand 80,364 87,102
148,804 117,388
CREDITORS
Amounts falling due within one year 7 127,097 108,198
NET CURRENT ASSETS 21,707 9,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,903

165,720

CREDITORS
Amounts falling due after more than one
year

8

47,667

74,239
NET ASSETS 119,236 91,481

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 119,134 91,379
SHAREHOLDERS' FUNDS 119,236 91,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

GREENWAY HOUSE RESIDENTIAL HOME LIMITED (REGISTERED NUMBER: 08413311)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2022


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 4 May 2022 and were signed on its behalf by:




Mrs D Roberts - Director



Mrs C Munslow - Director


GREENWAY HOUSE RESIDENTIAL HOME LIMITED (REGISTERED NUMBER: 08413311)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Greenway House Residential Home 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 33.3% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GREENWAY HOUSE RESIDENTIAL HOME LIMITED (REGISTERED NUMBER: 08413311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued

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 25 (2021 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 50,000
AMORTISATION
At 1 April 2021 40,000
Amortisation for year 5,000
At 31 March 2022 45,000
NET BOOK VALUE
At 31 March 2022 5,000
At 31 March 2021 10,000

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 151,103 44,739 4,309 200,151
Additions - 1,620 1,150 2,770
At 31 March 2022 151,103 46,359 5,459 202,921
DEPRECIATION
At 1 April 2021 21,154 29,762 2,705 53,621
Charge for year 3,022 4,636 1,446 9,104
At 31 March 2022 24,176 34,398 4,151 62,725
NET BOOK VALUE
At 31 March 2022 126,927 11,961 1,308 140,196
At 31 March 2021 129,949 14,977 1,604 146,530

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 68,205 30,052

GREENWAY HOUSE RESIDENTIAL HOME LIMITED (REGISTERED NUMBER: 08413311)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 17,248 29,485
Trade creditors 1,600 1,171
Taxation and social security 15,636 18,071
Other creditors 92,613 59,471
127,097 108,198

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 33,333 41,667
Other creditors 14,334 32,572
47,667 74,239