IRIS Accounts Production v23.3.1.45 05537672 Board of Directors 1.1.22 31.12.22 31.12.22 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055376722021-12-31055376722022-12-31055376722022-01-012022-12-31055376722020-12-31055376722021-01-012021-12-31055376722021-12-3105537672ns14:PoundSterlingns10:Original2022-01-012022-12-3105537672ns10:Originalns10:Director12022-01-012022-12-3105537672ns10:Original2022-01-012022-12-3105537672ns10:Original2022-12-3105537672ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3105537672ns10:Originalns10:SmallEntities2022-01-012022-12-3105537672ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3105537672ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3105537672ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3105537672ns10:Originalns10:FullAccounts2022-01-012022-12-3105537672ns10:Originalns10:Director22022-01-012022-12-3105537672ns10:CompanySecretary1ns10:Original2022-01-012022-12-3105537672ns10:Originalns10:RegisteredOffice2022-01-012022-12-3105537672ns10:Original2021-12-3105537672ns10:Originalns5:CurrentFinancialInstruments2022-12-3105537672ns10:Originalns5:CurrentFinancialInstruments2021-12-3105537672ns10:Originalns5:Non-currentFinancialInstruments2022-12-3105537672ns10:Originalns5:Non-currentFinancialInstruments2021-12-3105537672ns5:ShareCapitalns10:Original2022-12-3105537672ns5:ShareCapitalns10:Original2021-12-3105537672ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3105537672ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3105537672ns10:Original2021-01-012021-12-3105537672ns10:Original2021-12-3105537672ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3105537672ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3105537672ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3105537672ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2021-12-3105537672ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-12-3105537672ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2021-12-3105537672ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3105537672ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2021-12-31
REGISTERED NUMBER: 05537672















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Greshfield Limited

Greshfield Limited (Registered number: 05537672)

Contents of the Financial Statements
for the Year Ended 31 December 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Greshfield Limited

Company Information
for the Year Ended 31 December 2022







DIRECTORS: A Becker
Mr J Hager





SECRETARY: Mrs T Becker





REGISTERED OFFICE: 64 Ballards Lane
London
N3 2BU





REGISTERED NUMBER: 05537672





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

Greshfield Limited (Registered number: 05537672)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £ £ £ £
FIXED ASSETS
Investment property 4 491,430 475,000

CURRENT ASSETS
Stocks 5 249,426 249,426
Debtors 6 459,706 336,332
Cash at bank 66,515 345,358
775,647 931,116
CREDITORS
Amounts falling due within one year 7 320,765 557,681
NET CURRENT ASSETS 454,882 373,435
TOTAL ASSETS LESS CURRENT
LIABILITIES

946,312

848,435

CREDITORS
Amounts falling due after more than one
year

8

234,642

237,331
NET ASSETS 711,670 611,104

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 711,570 611,004
SHAREHOLDERS' FUNDS 711,670 611,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

Greshfield Limited (Registered number: 05537672)

Balance Sheet - continued
31 December 2022


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 12 March 2024 and were signed on its behalf by:





A Becker - Director


Greshfield Limited (Registered number: 05537672)

Notes to the Financial Statements
for the Year Ended 31 December 2022


1. STATUTORY INFORMATION

Greshfield Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents sale of properties and gross rental income .

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

Greshfield Limited (Registered number: 05537672)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022


4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 January 2022 475,000
Additions 16,430
At 31 December 2022 491,430
NET BOOK VALUE
At 31 December 2022 491,430
At 31 December 2021 475,000

5. STOCKS
31.12.22 31.12.21
£ £
Stock of properties 249,426 249,426

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£ £
Trade debtors 82,895 80,813
Tax Refundable - 1,299
Amounts owed by participating interests 220,646 28,530
Other debtors 110,690 160,690
Commercial loan debtors 45,475 65,000
459,706 336,332

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£ £
Bank loans and overdrafts (see note 9) 2,814 2,938
Amounts owed to participating interests 220,690 220,690
Tax 25,136 101,646
Other creditors 69,905 228,105
Accrued expenses 2,220 4,302
320,765 557,681

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£ £
Bank loans (see note 9) 234,642 237,331

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 227,292 227,292

Greshfield Limited (Registered number: 05537672)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022


9. LOANS

An analysis of the maturity of loans is given below:

31.12.22 31.12.21
£ £
Amounts falling due within one year or on demand:
Bank loans 2,814 2,938

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,814 2,938

Amounts falling due between two and five years:
Bank loans - 2-5 years 4,536 7,101

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 227,292 227,292

10. CALLED UP SHARE CAPITAL

50 Ordinary £1 shares
5 Ordinary £1 B shares
5 Ordinary £1 C shares
5 Ordinary £1 D shares
5 Ordinary £1 E shares
5 Ordinary £1 F shares
5 Ordinary £1 G shares
5 Ordinary £1 H shares
5 Ordinary £1 I shares
5 Ordinary £1 J shares