2022-12-01 13048965 2023-11-30 13048965 2022-12-01 2023-11-30 13048965 2022-11-30 13048965 2021-12-01 2022-11-30 13048965 uk-core:WithinOneYear 2022-11-30 13048965 uk-core:WithinOneYear 2023-11-30 13048965 uk-core:AfterOneYear 2022-11-30 13048965 uk-core:AfterOneYear 2023-11-30 13048965 uk-core:ShareCapital 2023-11-30 13048965 uk-core:ShareCapital 2022-11-30 13048965 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 13048965 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 13048965 uk-bus:Director1 2022-12-01 2023-11-30 13048965 uk-core:OtherThanOnDemand 2023-11-30 13048965 uk-core:OtherThanOnDemand 2022-11-30 iso4217:GBP xbrli:pure 13048965 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13048965 uk-bus:FRS102 2022-12-01 2023-11-30 13048965 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 13048965 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Greenman Living Ltd
Registered Number:13048965
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Greenman Living Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
13048965
As at 30 November 2023
Greenman Living Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
2
964,999
964,999
Investment property
964,999
964,999
Current assets
Trade and other receivables
1,400
-
3
10,264
Cash and cash equivalents
3,756
3,756
11,664
Trade and other payables: amounts falling due within one
year
(283,985)
(280,985)
4
(272,321)
(277,229)
Net current liabilities
Total assets less current liabilities
687,770
692,678
Trade and other payables: amounts falling due after more
than one year
(679,020)
(679,020)
5
(4,132)
(4,132)
Provisions for liabilities
4,618
Net assets
9,526
Capital and reserves
Called up share capital
2
2
Retained earnings
4,616
9,524
4,618
9,526
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
J N Greenhow Director
These financial statements were approved and authorised for issue by the Board on 29 August 2024 and were signed by:
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4
Registered Number :
13048965
For the year ended 30 November 2023
Greenman Living Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 November 2023
Greenman Living Ltd
Notes to the Financial Statements
Statutory Information
Greenman Living Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13048965.
Registered address:
Unit H Willow House
Dragonfly Place
Brockley
London
SE4 2JE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets and to include investment properties at fair value.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for property rental.
Investment property
Investment property which is held to earn rentals and/or for capital appreciation, is initially recognised at cost, whichincludes purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at thereporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Going Concern
At 30 November 2023, the company had net current liabilities of £277,229 (2022: £272,321). The directors have
considered the availability of working capital at 30 November 2023 together with the continued support from the
company's shareholders and connected businesses, and is of the opinion that this will be sufficient to enable the
company to continue operating for at least the 12 months from the date of signing these accounts, and pay its debts
as they fall due. The directors have therefore concluded that the accounts should be prepared on a going concern
basis
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6
For the year ended 30 November 2023
Greenman Living Ltd
Notes to the Financial Statements Continued
2. Investment property
Total
£
Fair value
At 01 December 2022
964,999
At 30 November 2023
964,999
Net book value
At 30 November 2023
964,999
At 30 November 2022
964,999
Investment property comprises of three investment properties which are being rented out by the company. The directors have valued the three properties at £964,999 as at 30 November 2023. No depreciation is provided in respect of these properties.
3. Trade and other receivables
2022
2023
£
£
Other debtors
-
1,400
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
280,985
283,985
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
679,020
679,020
Analysis of creditors falling due after more than five years:
Payable otherwise than by instalments
679,020
679,020
6. Reserves
The balance in the profit and loss reserves of the company includes the sum of £17,614 representing the fair value
gain on the investment properties less the potential deferred tax that would arise on the sale of those properties at
their book value. Accordingly, this element of the company's reserves is not distributable.
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7
For the year ended 30 November 2023
Greenman Living Ltd
Notes to the Financial Statements Continued
7. Related party transactions
During the year the company was loaned £3,000 from related parties. The loans were provided interest free but are
repayable on demand. The balance at the end of the year was £190,454 (2022:£187,454). This is shown in other
creditors in note 5 of the accounts.
8. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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