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REGISTERED NUMBER: SC714523 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

GREEN PARADISE PUBS LTD

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREEN PARADISE PUBS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: M F McAvoy





REGISTERED OFFICE: 8 Bute Road
Rutherglen
Glasgow
G73 5JH





REGISTERED NUMBER: SC714523 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,955 762

CURRENT ASSETS
Stocks 4,700 3,000
Cash at bank and in hand 38,867 34,208
43,567 37,208
CREDITORS
Amounts falling due within one year 5 36,653 27,574
NET CURRENT ASSETS 6,914 9,634
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,869

10,396

CREDITORS
Amounts falling due after more than one
year

6

(11,811

)

-

PROVISIONS FOR LIABILITIES 7 (4,171 ) (145 )
NET ASSETS 12,887 10,251

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 12,886 10,250
SHAREHOLDERS' FUNDS 12,887 10,251

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

BALANCE SHEET - continued
30 NOVEMBER 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 15 February 2024 and were signed by:





M F McAvoy - Director


GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Green Paradise Pubs Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 December 2022 793 - 793
Additions 14,225 10,080 24,305
At 30 November 2023 15,018 10,080 25,098
DEPRECIATION
At 1 December 2022 31 - 31
Charge for year 1,096 2,016 3,112
At 30 November 2023 1,127 2,016 3,143
NET BOOK VALUE
At 30 November 2023 13,891 8,064 21,955
At 30 November 2022 762 - 762

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 3,371 -
Trade creditors 2,473 2,301
Corporation tax 1,235 4,549
Payroll taxation 331 223
VAT 6,171 6,978
Directors' current accounts 19,205 9,247
Accrued charges 3,867 4,276
36,653 27,574

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 1-2 years 3,799 -
Bank loans - 2-5 years 8,012 -
11,811 -

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 4,171 145

GREEN PARADISE PUBS LTD (REGISTERED NUMBER: SC714523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 145
Provided during year 4,026
Balance at 30 November 2023 4,171

8. ULTIMATE CONTROLLING PARTY

The controlling party is M F McAvoy.