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REGISTERED NUMBER: 12627943 (England and Wales)















Greenacres Capital Limited

Unaudited Financial Statements

for the Year Ended 31st March 2024






Greenacres Capital Limited (Registered number: 12627943)






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Greenacres Capital Limited

Company Information
for the year ended 31st March 2024







DIRECTORS: Mrs K P Dark
W G Woodward





SECRETARY: W G Woodward





REGISTERED OFFICE: Greenacres
Catesby Road
Staverton
Daventry
Northamptonshire
NN11 6JP





REGISTERED NUMBER: 12627943 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Greenacres Capital Limited (Registered number: 12627943)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 233 466

CURRENT ASSETS
Debtors 5 530 -
Investments 6 139,262 105,217
Cash at bank 46,066 27,875
185,858 133,092
CREDITORS
Amounts falling due within one year 7 172,287 121,312
NET CURRENT ASSETS 13,571 11,780
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,804

12,246

PROVISIONS FOR LIABILITIES - 979
NET ASSETS 13,804 11,267

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 16,102 15,509
Retained earnings (2,398 ) (4,342 )
SHAREHOLDERS' FUNDS 13,804 11,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

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 Board of Directors and authorised for issue on 15th August 2024 and were signed on its behalf by:




W G Woodward - Director



Mrs K P Dark - Director


Greenacres Capital Limited (Registered number: 12627943)

Notes to the Financial Statements
for the year ended 31st March 2024

1. STATUTORY INFORMATION

Greenacres Capital 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st April 2023
and 31st March 2024 699
DEPRECIATION
At 1st April 2023 233
Charge for year 233
At 31st March 2024 466
NET BOOK VALUE
At 31st March 2024 233
At 31st March 2023 466

Greenacres Capital Limited (Registered number: 12627943)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 530 -

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 139,262 105,217

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 992 328
Other creditors 171,295 120,984
172,287 121,312

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A 1 50 50
50 Ordinary B 1 50 50
100 100

9. RESERVES
Fair
value
reserve
£   
At 1st April 2023 15,509
No description 593

At 31st March 2024 16,102