GREENWOOD ENGINEERING SERVICES LTD

Company Registration Number:
04917572 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

GREENWOOD ENGINEERING SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GREENWOOD ENGINEERING SERVICES LTD

Company Information

for the Period Ended 31 October 2023




Director: R W Green
M R Green
M E Green
Secretary: M E Green
Registered office: Canal Works
Cliff Street Industrial Estate
Mexborough
Yorkshire
S64 9HU
Company Registration Number: 04917572 (England and Wales)

GREENWOOD ENGINEERING SERVICES LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The principal activity of the company during the year is that of Precision and Mechanical Engineering.

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
R W Green
M R Green
M E Green

Secretary
M E Green

This report was approved by the board of directors on 5 March 2024
And Signed On Behalf Of The Board By:

Name: M E Green
Status: Director

GREENWOOD ENGINEERING SERVICES LTD

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 187,520 261,193
Distribution Costs ( 130,459 ) ( 150,498 )
Administrative Expenses ( 54,285 ) ( 85,849 )
Operating Profit or (Loss) 2,776 24,846
Profit or (Loss) Before Tax 2,776 24,846
Tax on Profit ( 374 ) ( 3,068 )
Profit or (Loss) for Period 2,402 21,778

The notes form part of these financial statements

GREENWOOD ENGINEERING SERVICES LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 10,337 10,061
Total fixed assets: 10,337 10,061
Current assets
Stocks: 13,183 15,129
Debtors: 8,560 14,653
Cash at bank and in hand: 2,457 28,248
Total current assets: 24,200 58,030
Creditors: amounts falling due within one year: ( 32,131 ) ( 34,245 )
Net current assets (liabilities): ( 7,931 ) 23,785
Total assets less current liabilities: 2,406 33,846
Creditors: amounts falling due after more than one year: ( 12,064 )
Total net assets (liabilities): 2,406 21,782

The notes form part of these financial statements

GREENWOOD ENGINEERING SERVICES LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 2,402 21,778
Shareholders funds: 2,406 21,782

For the year ending 31 October 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 5 March 2024
And Signed On Behalf Of The Board By:

Name: M E Green
Status: Director

The notes form part of these financial statements

GREENWOOD ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

GREENWOOD ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 5

GREENWOOD ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

GREENWOOD ENGINEERING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 10,061
Additions 2,346
Disposals -
Revaluations -
Transfers -
At 31 October 2023 12,407
Depreciation
At 01 November 2022 -
Charge for year 2,070
On disposals -
Other adjustments -
At 31 October 2023 2,070
Net book value
At 31 October 2023 10,337
At 31 October 2022 10,061