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Company Registration No. 08022705 (England and Wales)
Green Destinations Ltd Unaudited accounts for the period from 1 May 2022 to 31 July 2023
Green Destinations Ltd Unaudited accounts Contents
Page
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Green Destinations Ltd Company Information for the period from 1 May 2022 to 31 July 2023
Director
Jameel Ahmed Malik
Company Number
08022705 (England and Wales)
Registered Office
386 Park Road Hockley Birmingham West Midlands B18 5ST England
Accountants
SKN Services Limited SKN Business Centre 1 Guildford St Birmingham B19 2HN
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Green Destinations Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,516,990 
769,601 
Current assets
Debtors
1,927,320 
4,376 
Cash at bank and in hand
12,500,605 
2,643,211 
14,427,925 
2,647,587 
Creditors: amounts falling due within one year
(8,636,078)
(741,080)
Net current assets
5,791,847 
1,906,507 
Total assets less current liabilities
9,308,837 
2,676,108 
Creditors: amounts falling due after more than one year
(726,674)
- 
Net assets
8,582,163 
2,676,108 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,582,162 
2,676,107 
Shareholders' funds
8,582,163 
2,676,108 
For the period 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2024 and were signed on its behalf by
Jameel Ahmed Malik Director Company Registration No. 08022705
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Green Destinations Ltd Notes to the Accounts for the period from 1 May 2022 to 31 July 2023
1
Statutory information
Green Destinations Ltd is a private company, limited by shares, registered in England and Wales, registration number 08022705. The registered office is 386 Park Road, Hockley, Birmingham, West Midlands, B18 5ST, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Green Destinations Ltd Notes to the Accounts for the period from 1 May 2022 to 31 July 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 May 2022
- 
15,227 
1,049,610 
14,628 
15,791 
1,095,256 
Additions
1,314,500 
- 
2,009,561 
116,320 
7,283 
3,447,664 
At 31 July 2023
1,314,500 
15,227 
3,059,171 
130,948 
23,074 
4,542,920 
Depreciation
At 1 May 2022
- 
5,517 
308,324 
5,577 
6,237 
325,655 
Charge for the period
- 
2,330 
663,918 
30,089 
3,938 
700,275 
At 31 July 2023
- 
7,847 
972,242 
35,666 
10,175 
1,025,930 
Net book value
At 31 July 2023
1,314,500 
7,380 
2,086,929 
95,282 
12,899 
3,516,990 
At 30 April 2022
- 
9,710 
741,286 
9,051 
9,554 
769,601 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
99,103 
- 
Accrued income and prepayments
1,679,786 
2,076 
Other debtors
300 
2,300 
1,779,189 
4,376 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
148,131 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,078,178 
464,078 
Obligations under finance leases and hire purchase contracts
585,316 
- 
Trade creditors
6,014,311 
1,436 
Taxes and social security
954,751 
291,447 
Other creditors
3,522 
(15,881)
8,636,078 
741,080 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
726,674 
- 
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Green Destinations Ltd Notes to the Accounts for the period from 1 May 2022 to 31 July 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Jameel Ahmed Malik
Director Loan
16,461 
- 
16,461 
- 
16,461 
- 
16,461 
- 
9
Average number of employees
During the period the average number of employees was 151 (2022: 30).
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