Registered number
10456940
MAJOR GREEN SOLUTIONS LTD
Report and Accounts
30 November 2023
MAJOR GREEN SOLUTIONS LTD
Registered number: 10456940
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 26 35
Current assets
Stocks 1,224 881
Cash at bank and in hand 398 272
1,622 1,153
Creditors: amounts falling due within one year 4 (241) (5,620)
Net current assets/(liabilities) 1,381 (4,467)
Total assets less current liabilities 1,407 (4,432)
Creditors: amounts falling due after more than one year 5 (7,946) (1,585)
Net liabilities (6,539) (6,017)
Capital and reserves
Called up share capital 1 1
Profit and loss account (6,540) (6,018)
Shareholders' funds (6,539) (6,017)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Asad Saeed
Director
Approved by the board on 14 August 2024
MAJOR GREEN SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery 25% Reducing Balance
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 199
At 30 November 2023 199
Depreciation
At 1 December 2022 164
Charge for the year 9
At 30 November 2023 173
Net book value
At 30 November 2023 26
At 30 November 2022 35
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 240 200
Other creditors 1 5,420
241 5,620
5 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 7,946 1,585
6 Other information
MAJOR GREEN SOLUTIONS LTD is a private company limited by shares and incorporated in England. Its registered office is:
152 All Saints Road
Kings Heath
Birmingham
B14 6AT
MAJOR GREEN SOLUTIONS LTD 10456940 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 Asad Saeed No description of principal activity 10456940 2021-12-01 2022-11-30 10456940 core:WithinOneYear 2022-11-30 10456940 core:AfterOneYear 2022-11-30 10456940 core:ShareCapital 2022-11-30 10456940 core:RetainedEarningsAccumulatedLosses 2022-11-30 10456940 2022-12-01 2023-11-30 10456940 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10456940 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10456940 bus:Director40 2022-12-01 2023-11-30 10456940 core:PlantMachinery 2022-12-01 2023-11-30 10456940 countries:England 2022-12-01 2023-11-30 10456940 bus:FRS102 2022-12-01 2023-11-30 10456940 bus:FilletedAccounts 2022-12-01 2023-11-30 10456940 2023-11-30 10456940 core:WithinOneYear 2023-11-30 10456940 core:AfterOneYear 2023-11-30 10456940 core:ShareCapital 2023-11-30 10456940 core:RetainedEarningsAccumulatedLosses 2023-11-30 10456940 core:PlantMachinery 2023-11-30 10456940 2022-11-30 10456940 core:PlantMachinery 2022-11-30 iso4217:GBP xbrli:pure