Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31falsetrue2022-11-01No description of principal activity33falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12931264 2022-11-01 2023-10-31 12931264 2021-11-01 2022-10-31 12931264 2023-10-31 12931264 2022-10-31 12931264 c:Director1 2022-11-01 2023-10-31 12931264 d:PlantMachinery 2023-10-31 12931264 d:PlantMachinery 2022-10-31 12931264 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 12931264 d:MotorVehicles 2022-11-01 2023-10-31 12931264 d:ComputerEquipment 2022-11-01 2023-10-31 12931264 d:ComputerEquipment 2023-10-31 12931264 d:ComputerEquipment 2022-10-31 12931264 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 12931264 d:OtherPropertyPlantEquipment 2022-11-01 2023-10-31 12931264 d:OtherPropertyPlantEquipment 2023-10-31 12931264 d:OtherPropertyPlantEquipment 2022-10-31 12931264 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 12931264 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 12931264 d:Goodwill 2022-11-01 2023-10-31 12931264 d:Goodwill 2023-10-31 12931264 d:Goodwill 2022-10-31 12931264 d:CurrentFinancialInstruments 2023-10-31 12931264 d:CurrentFinancialInstruments 2022-10-31 12931264 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12931264 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 12931264 d:ShareCapital 2023-10-31 12931264 d:ShareCapital 2022-10-31 12931264 d:RetainedEarningsAccumulatedLosses 2023-10-31 12931264 d:RetainedEarningsAccumulatedLosses 2022-10-31 12931264 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-10-31 12931264 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-10-31 12931264 c:FRS102 2022-11-01 2023-10-31 12931264 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12931264 c:FullAccounts 2022-11-01 2023-10-31 12931264 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12931264 d:Goodwill d:OwnedIntangibleAssets 2022-11-01 2023-10-31 12931264 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Registered number: 12931264

























GREENLINK ROOFS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
For the year ended 31 OCTOBER 2023












Fletcher & Partners
Chartered Accountants
Salisbury

 
GREENLINK ROOFS LIMITED
REGISTERED NUMBER: 12931264

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
4,800
7,200

Tangible assets
 5 
18,568
29,398

  
23,368
36,598

Current assets
  

Stocks
  
97,500
9,400

Debtors: amounts falling due within one year
 6 
7,543
18,332

Cash at bank and in hand
 7 
354
6,876

  
105,397
34,608

Creditors: amounts falling due within one year
 8 
(127,287)
(102,549)

Net current liabilities
  
 
 
(21,890)
 
 
(67,941)

Total assets less current liabilities
  
1,478
(31,343)

  

Net assets/(liabilities)
  
1,478
(31,343)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,378
(31,443)

  
1,478
(31,343)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

Sir SAC Rasch
Director
Date: 30 July 2024

The notes on pages 3 to 9 form part of these financial statements.
Page 1

 
GREENLINK ROOFS LIMITED
REGISTERED NUMBER: 12931264

BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023


Page 2

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Greenlink Roofs Ltd is a private company limited by shares and incorporated in England and Wales with the registered number 12931264. Its registered office address is Crown Chambers, Bridge Street, Salisbury, Wiltshire, SP1 2LZ. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Comprehensive Income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
5-20% Straight line method
Computer equipment
-
33.3% Straight line method
Property Improvements
-
20% Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Page 5

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.13
Financial instruments (continued)

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

2023
2022
£
£

Wages and salaries
51,242
16,525

Cost of defined contribution scheme
990
1,050

52,232
17,575


The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 6

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 November 2022
12,000



At 31 October 2023

12,000



Amortisation


At 1 November 2022
4,800


Charge for the year on owned assets
2,400



At 31 October 2023

7,200



Net book value



At 31 October 2023
4,800



At 31 October 2022
7,200



Page 7

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Tangible fixed assets





Plant and machinery
Computer equipment
Property Improvements
Total

£
£
£
£



Cost or valuation


At 1 November 2022
8,383
6,911
35,460
50,754



At 31 October 2023

8,383
6,911
35,460
50,754



Depreciation


At 1 November 2022
2,868
4,304
14,184
21,356


Charge for the year on owned assets
1,434
2,304
7,092
10,830



At 31 October 2023

4,302
6,608
21,276
32,186



Net book value



At 31 October 2023
4,081
303
14,184
18,568



At 31 October 2022
5,515
2,607
21,276
29,398

Page 8

 
GREENLINK ROOFS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Debtors

2023
2022
£
£


Trade debtors
-
252

Other debtors
7,543
18,080

7,543
18,332



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
354
6,876

Less: bank overdrafts
(7,120)
-

(6,766)
6,876



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
7,120
-

Trade creditors
29,372
20,378

Corporation tax
4,984
-

Other taxation and social security
-
14,521

Other creditors
81,811
63,650

Accruals and deferred income
4,000
4,000

127,287
102,549



9.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
354
6,876




Financial assets measured at fair value through profit or loss comprise...


Page 9