IRIS Accounts Production v24.2.0.383 07991388 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079913882023-04-30079913882024-04-30079913882023-05-012024-04-30079913882022-04-30079913882022-05-012023-04-30079913882023-04-3007991388ns15:EnglandWales2023-05-012024-04-3007991388ns14:PoundSterling2023-05-012024-04-3007991388ns10:Director12023-05-012024-04-3007991388ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007991388ns10:SmallEntities2023-05-012024-04-3007991388ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007991388ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007991388ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007991388ns10:AbridgedAccounts2023-05-012024-04-300799138812023-05-012024-04-3007991388ns10:Director22023-05-012024-04-3007991388ns10:CompanySecretary12023-05-012024-04-3007991388ns10:RegisteredOffice2023-05-012024-04-3007991388ns5:CurrentFinancialInstruments2024-04-3007991388ns5:CurrentFinancialInstruments2023-04-3007991388ns5:ShareCapital2024-04-3007991388ns5:ShareCapital2023-04-3007991388ns5:RetainedEarningsAccumulatedLosses2024-04-3007991388ns5:RetainedEarningsAccumulatedLosses2023-04-30
REGISTERED NUMBER: 07991388 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

Greenland Retail Solutions Ltd

Greenland Retail Solutions Ltd (Registered number: 07991388)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Greenland Retail Solutions Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr Daljit Singh Rehill
Mr Narinder Singh Rehill





SECRETARY:





REGISTERED OFFICE: 7 Bankside
The Watermark
Gateshead
Newcastle upon Tyne
Tyne and Wear
NE11 9SY





REGISTERED NUMBER: 07991388 (England and Wales)





ACCOUNTANTS: Flannagans - Gateshead
7 Bankside
The Watermark
Gateshead
NE11 9SY

Greenland Retail Solutions Ltd (Registered number: 07991388)

Abridged Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 135,000
Tangible assets 5 - 24,161
- 159,161

CURRENT ASSETS
Stocks - 130,000
Debtors 58,931 6,455
Cash at bank and in hand 818,129 371,008
877,060 507,463
CREDITORS
Amounts falling due within one year 68,319 37,514
NET CURRENT ASSETS 808,741 469,949
TOTAL ASSETS LESS CURRENT
LIABILITIES

808,741

629,110

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 808,641 629,010
SHAREHOLDERS' FUNDS 808,741 629,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Greenland Retail Solutions Ltd (Registered number: 07991388)

Abridged Balance Sheet - continued
30 April 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2024 and were signed on its behalf by:





Mr Daljit Singh Rehill - Director


Greenland Retail Solutions Ltd (Registered number: 07991388)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Greenland Retail Solutions Ltd 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 300,000
Disposals (300,000 )
At 30 April 2024 -
AMORTISATION
At 1 May 2023 165,000
Amortisation for year 15,000
Eliminated on disposal (180,000 )
At 30 April 2024 -
NET BOOK VALUE

At 30 April 2024 -
At 30 April 2023 135,000

Greenland Retail Solutions Ltd (Registered number: 07991388)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 80,502
Disposals (69,111 )
At 30 April 2024 11,391
DEPRECIATION
At 1 May 2023 56,341
Charge for year 5,646
Eliminated on disposal (50,596 )
At 30 April 2024 11,391
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 24,161

6. RELATED PARTY DISCLOSURES

At the end of the year the directors owes to the company he the sum of £11,274.52 , this loan is interest free and is repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Narinder Singh Rehill.

The ultimate controlling party is Mr Narinder Singh Rehill.

8. PENSION CONTRIBUTION

£180,000 was paid to Director pension contribution money purchase scheme in the year ended 30th April 2024

9. REDUNDANCY PAYMENTS

£60,000 was paid to directors for loss of office as redundancy payments