GREEN RURAL LIMITED

Company Registration Number:
06511987 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

GREEN RURAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

GREEN RURAL LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 60,073 23,145
Total fixed assets: 60,073 23,145
Current assets
Debtors:   62,026 58,641
Cash at bank and in hand: 212,768 239,239
Total current assets: 274,794 297,880
Creditors: amounts falling due within one year:   (35,965) (67,553)
Net current assets (liabilities): 238,829 230,327
Total assets less current liabilities: 298,902 253,472
Total net assets (liabilities): 298,902 253,472
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 298,892 253,462
Shareholders funds: 298,902 253,472

The notes form part of these financial statements

GREEN RURAL LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2023
and signed on behalf of the board by:

Name: S D Green
Status: Director

The notes form part of these financial statements

GREEN RURAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:Motor vehicles - 25% on costComputer & Office Equipment - 33% on reducing balance

Other accounting policies

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 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.Consideration was given to the provision of deferred taxation in the current year but as the provision would be very small no adjustment has been made.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.

GREEN RURAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 3 2

GREEN RURAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 60,807
Additions 54,055
At 31 March 2023 114,862
Depreciation
At 01 April 2022 37,662
Charge for year 17,127
At 31 March 2023 54,789
Net book value
At 31 March 2023 60,073
At 31 March 2022 23,145