The Green Drive Assembly Company Limited 07851853 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is development of a hydroengine. Digita Accounts Production Advanced 6.30.9574.0 true 07851853 2023-01-01 2023-12-31 07851853 2023-12-31 07851853 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07851853 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 07851853 bus:Micro-entities 2023-01-01 2023-12-31 07851853 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07851853 bus:FullAccounts 2023-01-01 2023-12-31 07851853 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07851853 bus:RegisteredOffice 2023-01-01 2023-12-31 07851853 bus:Director1 2023-01-01 2023-12-31 07851853 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07851853 countries:EnglandWales 2023-01-01 2023-12-31 07851853 2021-12-01 2022-12-31 07851853 2022-12-31 07851853 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 07851853 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 07851853

Prepared for the registrar
 

The Green Drive Assembly Company Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

The Green Drive Assembly Company Limited

(Registration number: 07851853)
Balance Sheet as at 31 December 2023

2023
£

2022
£

Current assets

3,304

6,988

Creditors: Amounts falling due within one year

(96,556)

(100,024)

Total assets less current liabilities

(93,252)

(93,036)

Creditors: Amounts falling due after more than one year

(67,511)

(176,190)

Accruals and deferred income

(1,640)

(1,723)

 

(162,403)

(270,949)

Capital and reserves

(162,403)

(270,949)

 

The Green Drive Assembly Company Limited

(Registration number: 07851853)
Balance Sheet as at 31 December 2023

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Daphne Cottage
Exbury
Southampton
SO45 1AH

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Going concern
The company is reliant on the support of the Director and other creditors who have indicated their willingness to provide continued support in order that the company can meet its obligations as they fall due. The Director and other creditors have also indicated that they would not seek settlement of existing loans until such time as the company has adequate resources to do so.

On that basis, and after reviewing the company’s forecasts and projections, the Director has a reasonable expectation that the company is able to continue in operational existence for the foreseeable future and that it is appropriate to prepare these financial statements adopting the going concern basis.

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 1).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 16 September 2024
 

.........................................
Mr A V E Fothergill
Director