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REGISTERED NUMBER: 04741918 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

GREENSIGHT LIMITED

GREENSIGHT LIMITED (REGISTERED NUMBER: 04741918)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREENSIGHT LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: Mrs P Kirk





SECRETARY: Mrs P Kirk





REGISTERED OFFICE: Holly Lodge
Cross Street
Great Hatfield
Hull
HU11 4UR





REGISTERED NUMBER: 04741918 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

GREENSIGHT LIMITED (REGISTERED NUMBER: 04741918)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 - 120,000
- 120,000

CURRENT ASSETS
Debtors 6 - 320
Cash at bank 101,188 36,216
101,188 36,536
CREDITORS
Amounts falling due within one year 7 62,590 54,008
NET CURRENT ASSETS/(LIABILITIES) 38,598 (17,472 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,598

102,528

CREDITORS
Amounts falling due after more than one year 8 - 94,238
NET ASSETS 38,598 8,290

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 38,596 8,288
SHAREHOLDERS' FUNDS 38,598 8,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

GREENSIGHT LIMITED (REGISTERED NUMBER: 04741918)

BALANCE SHEET - continued
31 March 2023


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 director and authorised for issue on 22 December 2023 and were signed by:





Mrs P Kirk - Director


GREENSIGHT LIMITED (REGISTERED NUMBER: 04741918)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Greensight Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principle place of business at Holly Lodge, Cross Street, Hatfield, Hull, HU11 4UR.

The principal activity of the Company is that of a building contractor.

The presentation currency of the financial statements is the Pound Sterling (£)

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the director, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The director, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

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.

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.


GREENSIGHT LIMITED (REGISTERED NUMBER: 04741918)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued
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 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 6,447
DEPRECIATION
At 1 April 2022
and 31 March 2023 6,447
NET BOOK VALUE
At 31 March 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 120,000
Disposals (120,000 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 120,000

GREENSIGHT LIMITED (REGISTERED NUMBER: 04741918)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 320

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 850
Taxation and social security 7,579 -
Other creditors 55,011 53,158
62,590 54,008

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 94,238

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 94,238

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 94,238

The bank mortgage is secured on the property to which it relates.

10. RELATED PARTY TRANSACTIONS

Included in other creditors is a loan to the company from Mrs P Kirk. This loan is interest free and repayable on demand.

At the year end the amount outstanding due to Mrs P Kirk amounted to £53,932 (2022: £52,521) .

11. ULTIMATE CONTROLLING PARTY

The company is under the control of Mrs P Kirk who owns 100% of the issued ordinary share capital.