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REGISTERED NUMBER: 03732897 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

Greening Partners International Limited

Greening Partners International Limited (Registered number: 03732897)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Greening Partners International Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: AVJ Greening





SECRETARY: JK Greening





REGISTERED OFFICE: Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA





REGISTERED NUMBER: 03732897 (England and Wales)





ACCOUNTANTS: Barnbrook Sinclair
Chartered Accountants
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA

Greening Partners International Limited (Registered number: 03732897)

Statement of Financial Position
31 December 2023

31/12/23 31/12/22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 5 14,210 64,890
Investments 6 353,845 353,845
368,055 418,735

CURRENT ASSETS
Debtors 7 285,929 398,777
Cash at bank 344,549 573,918
630,478 972,695
CREDITORS
Amounts falling due within one year 8 (469,419 ) (482,265 )
NET CURRENT ASSETS 161,059 490,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

529,114

909,165

CREDITORS
Amounts falling due after more than one
year

9

(14,167

)

(24,167

)

PROVISIONS FOR LIABILITIES 10 - (10,527 )
NET ASSETS 514,947 874,471

CAPITAL AND RESERVES
Called up share capital 84 84
Share premium 124,774 124,774
Retained earnings 390,089 749,613
SHAREHOLDERS' FUNDS 514,947 874,471

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Greening Partners International Limited (Registered number: 03732897)

Statement of Financial Position - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2024 and were signed by:





AVJ Greening - Director


Greening Partners International Limited (Registered number: 03732897)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Greening Partners International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for goods and services net of vat and trade discounts.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less provision for diminution in value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Greening Partners International Limited (Registered number: 03732897)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

5. PROPERTY, PLANT AND EQUIPMENT
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 January 2023 65,800 25,004 90,804
Additions 46,084 6,257 52,341
Disposals (111,884 ) (5,270 ) (117,154 )
At 31 December 2023 - 25,991 25,991
Depreciation
At 1 January 2023 16,930 8,984 25,914
Charge for year 13,540 6,707 20,247
Eliminated on disposal (30,470 ) (3,910 ) (34,380 )
At 31 December 2023 - 11,781 11,781
Net book value
At 31 December 2023 - 14,210 14,210
At 31 December 2022 48,870 16,020 64,890

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 January 2023
and 31 December 2023 353,845
Net book value
At 31 December 2023 353,845
At 31 December 2022 353,845

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 18,233 176,495
Amounts owed by group undertakings 131,090 -
Other debtors 136,606 222,282
285,929 398,777

Greening Partners International Limited (Registered number: 03732897)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 106,805 106,907
Amounts owed to group undertakings 284,600 299,031
Taxation and social security 23,840 22,200
Other creditors 44,174 44,127
469,419 482,265

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
£    £   
Bank loans 14,167 24,167

The hire purchase contracts are secured over the assets to which they relate.

10. PROVISIONS FOR LIABILITIES
31/12/23 31/12/22
£    £   
Deferred tax - 10,527

Deferred
tax
£   
Balance at 1 January 2023 10,527
Provided during year (10,527 )
Balance at 31 December 2023 -

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31/12/23 31/12/22
£    £   
AVJ Greening
Balance outstanding at start of year (411 ) (99 )
Amounts advanced 182,792 682,833
Amounts repaid (183,011 ) (683,145 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (630 ) (411 )

Greening Partners International Limited (Registered number: 03732897)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. RELATED PARTY DISCLOSURES

Other Transactions

As at 31 December 2023, the company owed £284,600 (2022: £299,031) to Greenings International, Inc., a subsidiary company. The loan is interest free and has no fixed repayment date.

During the year the company recharged expenses of £62,761 (2022: £164,863) to Greenings International, Inc.

As at 31 December 2023 the company was owed £131,090 (2022: £nil) by Greening Partners International S.a.r.l, a subsidiary company. The loan is interest free and has no fixed repayment date.

As at 31 December 2023, the company was owed £4,203 (2022 £2,331) by Swordsman Ventures, a sole trader of which AV Greening is the proprietor.

13. ULTIMATE CONTROLLING PARTY

The controlling party is AVJ Greening.