1 December 2022 false No description of principal activity Taxfiler 2024.4 SC181938business:PrivateLimitedCompanyLtd2022-12-012023-11-30 SC1819382022-11-30 SC1819382022-12-012023-11-30 SC181938business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 SC181938business:FilletedAccounts2022-12-012023-11-30 SC1819382023-11-30 SC181938business:Director12022-12-012023-11-30 SC181938business:Director22022-12-012023-11-30 SC181938business:RegisteredOffice2022-12-012023-11-30 SC1819382022-11-30 SC181938core:WithinOneYear2023-11-30 SC181938core:WithinOneYear2022-11-30 SC181938core:AfterOneYear2023-11-30 SC181938core:AfterOneYear2022-11-30 SC181938core:SharePremiumcore:PreviouslyStatedAmount2023-11-30 SC181938core:SharePremiumcore:PreviouslyStatedAmount2022-11-30 SC181938core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC181938core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC181938core:PreviouslyStatedAmount2023-11-30 SC181938core:PreviouslyStatedAmount2022-11-30 SC181938business:SmallEntities2022-12-012023-11-30 SC181938countries:Scotland2022-12-012023-11-30 SC181938core:LandBuildings2022-12-012023-11-30 SC181938core:PlantMachinery2022-12-012023-11-30 SC181938core:MotorVehicles2022-12-012023-11-30 SC181938core:PlantMachinery2022-11-30 SC181938core:MotorVehicles2022-11-30 SC181938core:PlantMachinery2023-11-30 SC181938core:MotorVehicles2023-11-30 SC1819382021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC181938 (Scotland)
Greentech (Sportsturf) Limited Unaudited accounts for the year ended 30 November 2023
Greentech (Sportsturf) Limited Unaudited accounts Contents
Page
- 2 -
Greentech (Sportsturf) Limited Company Information for the year ended 30 November 2023
Directors
K Brunton H Murray
Company Number
SC181938 (Scotland)
Registered Office
BLOCK 5 UNIT 1 BANDEATH INDUSTRIAL ESTATE THROSK STIRLING FK7 7NP
Accountants
Braes Accountancy Limited Ironworks Business Centre Castlelaurie Industrial Estate Falkirk Stirlingshire FK2 7XE
- 3 -
Greentech (Sportsturf) Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
627,894 
496,564 
Current assets
Inventories
86,912 
63,766 
Debtors
273,092 
248,657 
Cash at bank and in hand
198,323 
206,208 
558,327 
518,631 
Creditors: amounts falling due within one year
(403,725)
(353,081)
Net current assets
154,602 
165,550 
Total assets less current liabilities
782,496 
662,114 
Creditors: amounts falling due after more than one year
(258,947)
(200,800)
Provisions for liabilities
Deferred tax
(144,484)
(98,575)
Net assets
379,065 
362,739 
Capital and reserves
Share premium
3,000 
3,000 
Profit and loss account
376,065 
359,739 
Shareholders' funds
379,065 
362,739 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 24 July 2024 and were signed on its behalf by
K Brunton Director Company Registration No. SC181938
- 4 -
Greentech (Sportsturf) Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Greentech (Sportsturf) Limited is a private company, limited by shares, registered in Scotland, registration number SC181938. The registered office is BLOCK 5 UNIT 1, BANDEATH INDUSTRIAL ESTATE THROSK, STIRLING, FK7 7NP.
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 year, 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
2% Reducing Balance
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
1,138,704 
437,034 
1,575,738 
Additions
143,695 
94,415 
238,110 
Revaluations
- 
(29,129)
(29,129)
At 30 November 2023
1,282,399 
502,320 
1,784,719 
Depreciation
At 1 December 2022
748,338 
330,836 
1,079,174 
Charge for the year
58,956 
45,643 
104,599 
Surplus on revaluation
- 
(26,948)
(26,948)
At 30 November 2023
807,294 
349,531 
1,156,825 
Net book value
At 30 November 2023
475,105 
152,789 
627,894 
At 30 November 2022
390,366 
106,198 
496,564 
- 5 -
Greentech (Sportsturf) Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
248,321 
232,355 
Accrued income and prepayments
4,648 
3,217 
Other debtors
20,123 
13,085 
273,092 
248,657 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
- 
4,838 
Obligations under finance leases and hire purchase contracts
93,202 
70,964 
Trade creditors
128,788 
82,117 
Taxes and social security
84,115 
89,972 
Accruals
87,620 
95,190 
403,725 
353,081 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
23,865 
33,333 
Obligations under finance leases and hire purchase contracts
235,082 
167,467 
258,947 
200,800 
8
Average number of employees
During the year the average number of employees was 16 (2022: 15).
- 6 -