Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 7313638 Mrs Samantha Turton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7313638 2022-07-31 7313638 2023-07-31 7313638 2022-08-01 2023-07-31 7313638 frs-core:CurrentFinancialInstruments 2023-07-31 7313638 frs-core:Non-currentFinancialInstruments 2023-07-31 7313638 frs-core:BetweenOneFiveYears 2023-07-31 7313638 frs-core:FurnitureFittings 2023-07-31 7313638 frs-core:FurnitureFittings 2022-08-01 2023-07-31 7313638 frs-core:FurnitureFittings 2022-07-31 7313638 frs-core:MotorVehicles 2023-07-31 7313638 frs-core:MotorVehicles 2022-08-01 2023-07-31 7313638 frs-core:MotorVehicles 2022-07-31 7313638 frs-core:PlantMachinery 2023-07-31 7313638 frs-core:PlantMachinery 2022-08-01 2023-07-31 7313638 frs-core:PlantMachinery 2022-07-31 7313638 frs-core:WithinOneYear 2023-07-31 7313638 frs-core:SharePremium 2023-07-31 7313638 frs-core:ShareCapital 2023-07-31 7313638 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 7313638 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 7313638 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 7313638 frs-bus:SmallEntities 2022-08-01 2023-07-31 7313638 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 7313638 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 7313638 frs-bus:Director1 2022-08-01 2023-07-31 7313638 frs-countries:EnglandWales 2022-08-01 2023-07-31 7313638 2021-07-31 7313638 2022-07-31 7313638 2021-08-01 2022-07-31 7313638 frs-core:CurrentFinancialInstruments 2022-07-31 7313638 frs-core:Non-currentFinancialInstruments 2022-07-31 7313638 frs-core:BetweenOneFiveYears 2022-07-31 7313638 frs-core:WithinOneYear 2022-07-31 7313638 frs-core:SharePremium 2022-07-31 7313638 frs-core:ShareCapital 2022-07-31 7313638 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 7313638
Greener Security Shredding Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Freeman & Co
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 7313638
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 97,430 110,888
97,430 110,888
CURRENT ASSETS
Stocks 5 3,897 3,800
Debtors 6 99,662 123,364
Cash at bank and in hand 24,713 22,991
128,272 150,155
Creditors: Amounts Falling Due Within One Year 7 (100,428 ) (90,633 )
NET CURRENT ASSETS (LIABILITIES) 27,844 59,522
TOTAL ASSETS LESS CURRENT LIABILITIES 125,274 170,410
Creditors: Amounts Falling Due After More Than One Year 8 (44,623 ) (90,102 )
NET ASSETS 80,651 80,308
CAPITAL AND RESERVES
Called up share capital 10 100 100
Share premium account 14,985 14,985
Profit and Loss Account 65,566 65,223
SHAREHOLDERS' FUNDS 80,651 80,308
Page 1
Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Samantha Turton
Director
31st August 2023
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Greener Security Shredding Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 7313638 . The registered office is 6 Sutherland Road, Bakersfield, Nottingham, NG3 7AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 3 3
Manufacturing 2 2
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2022 110,498 83,495 23,161 217,154
Additions 1,654 - - 1,654
As at 31 July 2023 112,152 83,495 23,161 218,808
Depreciation
As at 1 August 2022 47,664 42,678 15,924 106,266
Provided during the period 8,818 6,294 - 15,112
As at 31 July 2023 56,482 48,972 15,924 121,378
Net Book Value
As at 31 July 2023 55,670 34,523 7,237 97,430
As at 1 August 2022 62,834 40,817 7,237 110,888
5. Stocks
2023 2022
£ £
Finished goods 3,897 3,800
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 89,717 100,145
Other debtors 9,945 23,219
99,662 123,364
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 13,054 14,098
Trade creditors 46,558 39,887
Bank loans and overdrafts 36,401 36,648
Corporation tax (979 ) -
Other taxes and social security 5,394 -
100,428 90,633
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 11,303 25,299
Bank loans 33,320 64,803
44,623 90,102
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9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,054 14,098
Later than one year and not later than five years 11,303 25,299
24,357 39,397
24,357 39,397
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5