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REGISTERED NUMBER: 08924949 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

GREEN WITCH INTERNATIONAL LTD

GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GREEN WITCH INTERNATIONAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: I W Parkinson
Mrs L Warke





REGISTERED OFFICE: 67 Chorley Old Road
Bolton
BL1 3AJ





REGISTERED NUMBER: 08924949 (England and Wales)





ACCOUNTANTS: Ryans
Chartered Accountants
67 Chorley Old Road
Bolton
BL1 3AJ

GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

ABRIDGED BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 200,687 262,603
Investments 6 500,000 500,000
700,687 762,603

CURRENT ASSETS
Debtors 7 15,166,052 5,510,558
Cash at bank 224,696 18,178
15,390,748 5,528,736
CREDITORS
Amounts falling due within one year 8,769,647 590,146
NET CURRENT ASSETS 6,621,101 4,938,590
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,321,788

5,701,193

CREDITORS
Amounts falling due after more than one
year

(12,492

)

(44,183

)

PROVISIONS FOR LIABILITIES (38,131 ) (47,282 )
NET ASSETS 7,271,165 5,609,728

CAPITAL AND RESERVES
Called up share capital 9 1,504 1,504
Retained earnings 7,269,661 5,608,224
SHAREHOLDERS' FUNDS 7,271,165 5,609,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2023


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 Balance Sheet for the year ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 17th September 2024 and were signed on its behalf by:





I W Parkinson - Director


GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Green Witch International 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.

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.

Turnover
Revenue, described as turnover, is the value of services (net of VAT) provided to customers during the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a trade name in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022
and 31st March 2023 204,476
AMORTISATION
At 1st April 2022
and 31st March 2023 204,476
NET BOOK VALUE

At 31st March 2023 -
At 31st March 2022 -

GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022 506,256
Additions 374
At 31st March 2023 506,630
DEPRECIATION
At 1st April 2022 243,653
Charge for year 62,290
At 31st March 2023 305,943
NET BOOK VALUE
At 31st March 2023 200,687
At 31st March 2022 262,603

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1st April 2022
and 31st March 2023 176,670
DEPRECIATION
At 1st April 2022 80,674
Charge for year 23,999
At 31st March 2023 104,673
NET BOOK VALUE
At 31st March 2023 71,997
At 31st March 2022 95,996

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st April 2022
and 31st March 2023 500,000
NET BOOK VALUE
At 31st March 2023 500,000
At 31st March 2022 500,000

GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

7. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other debtors 12,710,122 3,998,408

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 44,183 80,057

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
300 A Ordinary £1 300 300
300 B Ordinary £1 300 300
300 C Ordinary £1 300 300
300 D Ordinary £1 300 300
300 E Ordinary £1 300 300
1 A Preference £1 1 1
1 B Preference £1 1 1
1 C Preference £1 1 1
1 D Preference £1 1 1
1,504 1,504

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2023 and 31st March 2022:

2023 2022
£    £   
I W Parkinson
Balance outstanding at start of year - -
Amounts advanced 181,145 -
Amounts repaid (35,717 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 145,428 -

Mrs L Warke
Balance outstanding at start of year - -
Amounts advanced 1,168 -
Amounts repaid (522 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 646 -

GREEN WITCH INTERNATIONAL LTD (REGISTERED NUMBER: 08924949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

11. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who, between them, have a beneficial interest in the whole of the issued share capital.