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REGISTERED NUMBER: 04304859 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Green Road Off-Licence/Newsagents Ltd

Green Road Off-Licence/Newsagents Ltd (Registered number: 04304859)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Green Road Off-Licence/Newsagents Ltd (Registered number: 04304859)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 250 401
250 401

CURRENT ASSETS
Stocks 18,083 17,105
Debtors 6 5,125 3,067
Cash at bank and in hand 102,898 89,242
126,106 109,414
CREDITORS
Amounts falling due within one year 7 109,190 99,248
NET CURRENT ASSETS 16,916 10,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,166

10,567

PROVISIONS FOR LIABILITIES 47 76
NET ASSETS 17,119 10,491

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 17,107 10,479
17,119 10,491

Green Road Off-Licence/Newsagents Ltd (Registered number: 04304859)

Balance Sheet - continued
31 December 2023


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.

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 3 July 2024 and were signed by:





M E Cleasby - Director


Green Road Off-Licence/Newsagents Ltd (Registered number: 04304859)

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

1. STATUTORY INFORMATION

Green Road Off-Licence/Newsagents Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04304859

Registered office: 25 Windermere Road
Kendal
Cumbria
LA9 4QJ

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of fourteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% 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 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 balance sheet date.

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.

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.

Green Road Off-Licence/Newsagents Ltd (Registered number: 04304859)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 36,000
AMORTISATION
At 1 January 2023
and 31 December 2023 36,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 6,619
DEPRECIATION
At 1 January 2023 6,218
Charge for year 151
At 31 December 2023 6,369
NET BOOK VALUE
At 31 December 2023 250
At 31 December 2022 401

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 4,978 2,926
Other debtors 147 141
5,125 3,067

Green Road Off-Licence/Newsagents Ltd (Registered number: 04304859)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1,520 89
Taxation and social security 6,365 1,053
Other creditors 101,305 98,106
109,190 99,248