REGISTERED NUMBER: |
UNAUDITED CESSATION FINANCIAL STATEMENTS |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
FOR |
GREENSTONE OPERATIONS LIMITED |
REGISTERED NUMBER: |
UNAUDITED CESSATION FINANCIAL STATEMENTS |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
FOR |
GREENSTONE OPERATIONS LIMITED |
GREENSTONE OPERATIONS LIMITED (REGISTERED NUMBER: 14253074) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
GREENSTONE OPERATIONS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Pavilion View |
19 New Road |
Brighton |
East Sussex |
BN1 1EY |
GREENSTONE OPERATIONS LIMITED (REGISTERED NUMBER: 14253074) |
BALANCE SHEET |
31 JULY 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 |
GREENSTONE OPERATIONS LIMITED (REGISTERED NUMBER: 14253074) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
1. | STATUTORY INFORMATION |
Greenstone Operations Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Computer equipment | - |
Taxation |
Taxation for the period 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. |
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 period 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. |
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
Impairment |
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. |
GREENSTONE OPERATIONS LIMITED (REGISTERED NUMBER: 14253074) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
Disposals | ( |
) |
At 31 July 2023 |
NET BOOK VALUE |
At 31 July 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
7. | CALLED UP SHARE CAPITAL |
On incorporation 1 ordinary share of £1 was issued at par value for cash. |
On 31 October 2022 55,439 ordinary shares of £1 were issued to Greenstone Financial Planning Limited. The consideration for the allotment of the shares was the transfer of business and assets from Greenstone Financial Planning Limited. |
8. | BUSINESS RESTRUCTURE |
On 31 October 2022 Greenstone Operations Limited was demerged from the Greenstone Financial Planning Limited group, becoming a wholly owned subsidiary of Redstone Financial Planning Limited. |
On 31 January 2023 the company's business was hived up to Redstone Financial Planning Limited, the company's parent company. |