Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-302022-07-01falseNo description of principal activity1416falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07287436 2022-07-01 2023-06-30 07287436 2021-07-01 2022-06-30 07287436 2023-06-30 07287436 2022-06-30 07287436 c:Director1 2022-07-01 2023-06-30 07287436 d:PlantMachinery 2022-07-01 2023-06-30 07287436 d:PlantMachinery 2023-06-30 07287436 d:PlantMachinery 2022-06-30 07287436 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07287436 d:MotorVehicles 2022-07-01 2023-06-30 07287436 d:MotorVehicles 2023-06-30 07287436 d:MotorVehicles 2022-06-30 07287436 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07287436 d:ComputerEquipment 2022-07-01 2023-06-30 07287436 d:ComputerEquipment 2023-06-30 07287436 d:ComputerEquipment 2022-06-30 07287436 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07287436 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07287436 d:CurrentFinancialInstruments 2023-06-30 07287436 d:CurrentFinancialInstruments 2022-06-30 07287436 d:Non-currentFinancialInstruments 2023-06-30 07287436 d:Non-currentFinancialInstruments 2022-06-30 07287436 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07287436 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 07287436 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 07287436 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 07287436 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 07287436 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-06-30 07287436 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 07287436 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-06-30 07287436 d:ShareCapital 2023-06-30 07287436 d:ShareCapital 2022-06-30 07287436 d:RetainedEarningsAccumulatedLosses 2023-06-30 07287436 d:RetainedEarningsAccumulatedLosses 2022-06-30 07287436 c:FRS102 2022-07-01 2023-06-30 07287436 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 07287436 c:FullAccounts 2022-07-01 2023-06-30 07287436 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 07287436 2 2022-07-01 2023-06-30 07287436 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 07287436 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 iso4217:GBP xbrli:pure
Registered number: 07287436









RICHARD GREEN ECOLOGY LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023














 
RICHARD GREEN ECOLOGY LIMITED
REGISTERED NUMBER:07287436

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
25,123
28,219

Investments
 5 
798
994

  
25,921
29,213

Current assets
  

Stocks
 6 
8,000
8,000

Debtors: amounts falling due within one year
 7 
129,835
223,821

Cash at bank and in hand
  
41,219
25,435

  
179,054
257,256

Creditors: amounts falling due within one year
 8 
(189,496)
(194,224)

Net current (liabilities)/assets
  
 
 
(10,442)
 
 
63,032

Total assets less current liabilities
  
15,479
92,245

Creditors: amounts falling due after more than one year
 9 
-
(30,000)

Provisions for liabilities
  

Deferred tax
 11 
(4,773)
(5,225)

  
 
 
(4,773)
 
 
(5,225)

Net assets
  
10,706
57,020


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
10,606
56,920

  
10,706
57,020


Page 1

 
RICHARD GREEN ECOLOGY LIMITED
REGISTERED NUMBER:07287436
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 January 2024.




................................................
R Green
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Richard Green Ecology Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 07287436. The registered office is 9C Mill Park Industrial Estate, White Cross Road, Woodbury Salterton, Exeter, Devon, England, EX5 1EL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors confirm that, having considered their expectations and intentions for the next twelve months, and the availability of working capital, the company is a going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the reducing balance and straight line methods..

Depreciation is provided on the following basis:

Plant and machinery
-
20% Straight Line
Motor vehicles
-
25% Reducing Balance
Computer equipment
-
33% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.13

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
2.14

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2022 - 16).

Page 6

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
42,004
25,087
26,128
93,219


Additions
2,192
-
10,164
12,356


Disposals
(10,119)
-
(8,669)
(18,788)



At 30 June 2023

34,077
25,087
27,623
86,787



Depreciation


At 1 July 2022
30,840
15,630
18,530
65,000


Charge for the year on owned assets
3,658
2,364
7,382
13,404


Disposals
(8,580)
-
(8,160)
(16,740)



At 30 June 2023

25,918
17,994
17,752
61,664



Net book value



At 30 June 2023
8,159
7,093
9,871
25,123



At 30 June 2022
11,164
9,457
7,598
28,219

Page 7

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 July 2022
994


Revaluations
(196)



At 30 June 2023
798





6.


Stocks

2023
2022
£
£

Work in progress
8,000
8,000

8,000
8,000



7.


Debtors

2023
2022
£
£


Trade debtors
108,072
222,597

Amounts owed by group undertakings
20,935
-

Other debtors
828
1,224

129,835
223,821


Page 8

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
-
10,000

Trade creditors
1,801
1,587

Corporation tax
105,929
98,057

Other taxation and social security
80,889
83,156

Other creditors
877
1,424

189,496
194,224



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
30,000

-
30,000


Page 9

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
-
10,000


-
10,000

Amounts falling due 1-2 years

Bank loans
-
10,000


-
10,000

Amounts falling due 2-5 years

Bank loans
-
20,000


-
20,000


-
40,000


Page 10

 
RICHARD GREEN ECOLOGY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

11.


Deferred taxation




2023


£






At beginning of year
(5,225)


Charged to profit or loss
452



At end of year
(4,773)

2023
2022
£
£


Accelerated capital allowances
(4,773)
(5,225)

(4,773)
(5,225)


12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £12,861 (2022 - £5,513). Contributions totalling £877 (2022 - £1,424) were payable to the fund at the balance sheet date and are included in creditors.


13.


Controlling party

Richard Green Ecology Ltd is a wholly owned subsidiary of Green Properties Devon Ltd (10289498).
The company is exempt from producing consolidated accounts.

 
Page 11