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REGISTERED NUMBER: SC188018 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

The Green Welly Stop Limited

The Green Welly Stop Limited (Registered number: SC188018)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Green Welly Stop Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Fiona Douglas Robertson
Edward Stanley Robertson





REGISTERED OFFICE: Tyndrum
Crianlarich
Perthshire
FK20 8RY





REGISTERED NUMBER: SC188018 (Scotland)





ACCOUNTANTS: Mackay & Co CA
120 George Street
Oban
Argyll
PA34 5NT

The Green Welly Stop Limited (Registered number: SC188018)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,282 30,423
Tangible assets 5 1,189,894 1,212,273
1,210,176 1,242,696

CURRENT ASSETS
Stocks 6 714,247 674,550
Debtors 7 4,352 7,452
Cash at bank and in hand 1,052,281 729,464
1,770,880 1,411,466
CREDITORS
Amounts falling due within one year 8 420,593 354,697
NET CURRENT ASSETS 1,350,287 1,056,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,560,463

2,299,465

PROVISIONS FOR LIABILITIES 9 21,949 20,933
NET ASSETS 2,538,514 2,278,532

CAPITAL AND RESERVES
Called up share capital 10 500 500
Capital redemption reserve 11 500 500
Retained earnings 11 2,537,514 2,277,532
SHAREHOLDERS' FUNDS 2,538,514 2,278,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

The Green Welly Stop Limited (Registered number: SC188018)

Balance Sheet - continued
31 January 2023


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 29 August 2023 and were signed on its behalf by:





Edward Stanley Robertson - Director


The Green Welly Stop Limited (Registered number: SC188018)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

The Green Welly Stop Limited is a private company, limited by shares , registered in Scotland. 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.

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 2015, 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% 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.


The Green Welly Stop Limited (Registered number: SC188018)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

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.

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 62 (2022 - 52 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 336,410
AMORTISATION
At 1 February 2022 305,987
Amortisation for year 10,141
At 31 January 2023 316,128
NET BOOK VALUE
At 31 January 2023 20,282
At 31 January 2022 30,423

The Green Welly Stop Limited (Registered number: SC188018)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Heritable to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 1 February 2022 819,170 282,931 113,339 150,741 1,366,181
Additions - - 6,139 - 6,139
Disposals - - - (15,324 ) (15,324 )
At 31 January 2023 819,170 282,931 119,478 135,417 1,356,996
DEPRECIATION
At 1 February 2022 - - 67,219 86,689 153,908
Charge for year - - 7,839 7,654 15,493
Eliminated on disposal - - - (2,299 ) (2,299 )
At 31 January 2023 - - 75,058 92,044 167,102
NET BOOK VALUE
At 31 January 2023 819,170 282,931 44,420 43,373 1,189,894
At 31 January 2022 819,170 282,931 46,120 64,052 1,212,273

6. STOCKS
31.1.23 31.1.22
£    £   
Stocks 714,247 674,550

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 4,217 7,046
Other debtors 135 406
4,352 7,452

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 66,846 126,904
Owed to connected businesses 83,042 10,077
Tax 93,030 85,932
Social security and other taxes 21,673 22,931
VAT 77,296 35,122
Accrued expenses 78,706 73,731
420,593 354,697

The Green Welly Stop Limited (Registered number: SC188018)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

9. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax
Accelerated capital allowances 21,949 20,933

Deferred
tax
£   
Balance at 1 February 2022 20,933
Provided during year 1,016
Balance at 31 January 2023 21,949

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
500 Ordinary £1 500 500

11. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 February 2022 2,277,532 500 2,278,032
Profit for the year 359,982 359,982
Dividends (100,000 ) (100,000 )
At 31 January 2023 2,537,514 500 2,538,014