Green Haze Leisure Limited 03940605 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of an investment company. Digita Accounts Production Advanced 6.30.9574.0 true 03940605 2022-04-01 2023-03-31 03940605 2023-03-31 03940605 core:RetainedEarningsAccumulatedLosses 2023-03-31 03940605 core:ShareCapital 2023-03-31 03940605 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03940605 bus:SmallEntities 2022-04-01 2023-03-31 03940605 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 03940605 bus:FullAccounts 2022-04-01 2023-03-31 03940605 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 03940605 bus:RegisteredOffice 2022-04-01 2023-03-31 03940605 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 03940605 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03940605 countries:EnglandWales 2022-04-01 2023-03-31 03940605 2021-04-01 2022-03-31 03940605 2022-03-31 03940605 core:RetainedEarningsAccumulatedLosses 2022-03-31 03940605 core:ShareCapital 2022-03-31 03940605 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 03940605

Green Haze Leisure Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Green Haze Leisure Limited

(Registration number: 03940605)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

12,500

25,000

Current assets

 

Cash at bank and in hand

 

41,222

6,153

Creditors: Amounts falling due within one year

5

(3,671)

-

Net current assets

 

37,551

6,153

Net assets

 

50,051

31,153

Capital and reserves

 

Called up share capital

6

8

8

Retained earnings

50,043

31,145

Shareholders' funds

 

50,051

31,153

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 September 2023 and signed on its behalf by:
 

.........................................
AS Jeavons
Company secretary and director

 

Green Haze Leisure Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Green Haze
Warborough Road
Churston Ferrers
Brixham
Devon
TQ5 0JY
England

These financial statements were authorised for issue by the Board on 7 September 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Green Haze Leisure Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
 Recognition and measurement
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market value of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised costs. Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Investments

2023
£

2022
£

Other investments

12,500

25,000

 

Green Haze Leisure Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

3,671

-

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

8

8

8

8