GREENCYC LIMITED

Company Registration Number:
04849603 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

GREENCYC LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

GREENCYC LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,639,080 2,639,080
Total fixed assets: 2,639,080 2,639,080
Current assets
Stocks: 198,564 198,564
Debtors:   5,157,701 2,700,766
Cash at bank and in hand: 13,101 12,791
Total current assets: 5,369,366 2,912,121
Creditors: amounts falling due within one year:   (4,695,794) (863)
Net current assets (liabilities): 673,572 2,911,258
Total assets less current liabilities: 3,312,652 5,550,338
Creditors: amounts falling due after more than one year:   (1,250,758) (3,370,738)
Provision for liabilities: (445,845) (445,845)
Total net assets (liabilities): 1,616,049 1,733,755
Capital and reserves
Called up share capital: 50,000 50,000
Revaluation reserve:4730,368730,368
Profit and loss account: 835,681 953,387
Shareholders funds: 1,616,049 1,733,755

The notes form part of these financial statements

GREENCYC LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 September 2024
and signed on behalf of the board by:

Name: A S Sandhu
Status: Director

The notes form part of these financial statements

GREENCYC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GREENCYC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

GREENCYC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 3,016,084
At 31 December 2023 3,016,084
Depreciation
At 01 January 2023 377,004
At 31 December 2023 377,004
Net book value
At 31 December 2023 2,639,080
At 31 December 2022 2,639,080

GREENCYC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Revaluation reserve

2023
£
Balance at 01 January 2023 730,368
Surplus or deficit after revaluation 0
Balance at 31 December 2023 730,368