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REGISTERED NUMBER: 04669375 (England and Wales)






Greenhouse Securities Limited

Financial Statements

for the Year Ended 31 December 2023






Greenhouse Securities Limited (Registered number: 04669375)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Greenhouse Securities Limited

Company Information
for the year ended 31 December 2023







DIRECTOR: Mrs A K R Brian





SECRETARY: Mr D A Young BSc Hons. AMICE





REGISTERED OFFICE: Sandal Business Centre
Asdale Road
Wakefield
West Yorkshire
WF2 7JE





REGISTERED NUMBER: 04669375 (England and Wales)





ACCOUNTANTS: SMH Jolliffe Cork Ltd
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX

Greenhouse Securities Limited (Registered number: 04669375)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 508 1,423

CURRENT ASSETS
Stocks 8,840 8,101
Debtors 5 42,823 2,363
Cash at bank and in hand 102,692 147,979
154,355 158,443
CREDITORS
Amounts falling due within one year 6 34,228 37,379
NET CURRENT ASSETS 120,127 121,064
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,635

122,487

Greenhouse Securities Limited (Registered number: 04669375)

Balance Sheet - continued
31 December 2023

2023 2022
Notes £ £ £ £

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 120,535 122,387
SHAREHOLDERS' FUNDS 120,635 122,487

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 her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 August 2024 and were signed by:





Mrs A K R Brian - Director


Greenhouse Securities Limited (Registered number: 04669375)

Notes to the Financial Statements
for the year ended 31 December 2023


1. STATUTORY INFORMATION

Greenhouse Securities 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 functional and presentation currency for the company is the pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated.

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.

Turnover is recognised when bar products are served to customers, after deducting discounts and sales-based taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Equipment - 20% on cost

Fixed assets are initially recorded at cost.

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

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


Greenhouse Securities Limited (Registered number: 04669375)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


2. ACCOUNTING POLICIES - continued
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.

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.

Operating lease
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to property Equipment Totals
£ £ £
COST
At 1 January 2023
and 31 December 2023 65,762 50,277 116,039
DEPRECIATION
At 1 January 2023 65,762 48,854 114,616
Charge for year - 915 915
At 31 December 2023 65,762 49,769 115,531
NET BOOK VALUE
At 31 December 2023 - 508 508
At 31 December 2022 - 1,423 1,423

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 40,000 -
Prepayments 2,823 2,363
42,823 2,363

Greenhouse Securities Limited (Registered number: 04669375)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 13,061 16,538
Amounts owed to related undertakings 9,000 3,000
Social security and other taxes 903 765
Wages control - 256
VAT 6,403 5,271
Other creditors 152 192
Accruals and deferred income 4,709 11,357
34,228 37,379

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100