Silverfin false 31/05/2023 01/06/2022 31/05/2023 J Shanks 25/05/2012 01 January 2024 The principal activity of the Company during the financial year was that of brand creation. 08083496 2023-05-31 08083496 bus:Director1 2023-05-31 08083496 2022-05-31 08083496 core:CurrentFinancialInstruments 2023-05-31 08083496 core:CurrentFinancialInstruments 2022-05-31 08083496 core:Non-currentFinancialInstruments 2023-05-31 08083496 core:Non-currentFinancialInstruments 2022-05-31 08083496 core:ShareCapital 2023-05-31 08083496 core:ShareCapital 2022-05-31 08083496 core:RetainedEarningsAccumulatedLosses 2023-05-31 08083496 core:RetainedEarningsAccumulatedLosses 2022-05-31 08083496 core:OfficeEquipment 2022-05-31 08083496 core:OfficeEquipment 2023-05-31 08083496 2022-06-01 2023-05-31 08083496 bus:FullAccounts 2022-06-01 2023-05-31 08083496 bus:SmallEntities 2022-06-01 2023-05-31 08083496 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 08083496 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 08083496 bus:Director1 2022-06-01 2023-05-31 08083496 core:OfficeEquipment 2022-06-01 2023-05-31 08083496 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure

Company No: 08083496 (England and Wales)

GREEN TAMBOURINE LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

GREEN TAMBOURINE LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

GREEN TAMBOURINE LIMITED

BALANCE SHEET

As at 31 May 2023
GREEN TAMBOURINE LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 1,541 2,054
1,541 2,054
Current assets
Debtors 4 9,943 15,258
Cash at bank and in hand 17,816 36,242
27,759 51,500
Creditors: amounts falling due within one year 5 ( 13,691) ( 24,903)
Net current assets 14,068 26,597
Total assets less current liabilities 15,609 28,651
Creditors: amounts falling due after more than one year ( 4,800) ( 6,400)
Net assets 10,809 22,251
Capital and reserves
Called-up share capital 100 100
Profit and loss account 10,709 22,151
Total shareholders' funds 10,809 22,251

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

Director's responsibilities:

The financial statements of Green Tambourine Limited (registered number: 08083496) were approved and authorised for issue by the Director on 01 January 2024. They were signed on its behalf by:

J Shanks
Director
GREEN TAMBOURINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
GREEN TAMBOURINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Green Tambourine Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 June 2022 6,850 6,850
At 31 May 2023 6,850 6,850
Accumulated depreciation
At 01 June 2022 4,796 4,796
Charge for the financial year 513 513
At 31 May 2023 5,309 5,309
Net book value
At 31 May 2023 1,541 1,541
At 31 May 2022 2,054 2,054

4. Debtors

2023 2022
£ £
Trade debtors 9,943 15,258

5. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 9,194 17,008
Other creditors 4,497 7,895
13,691 24,903