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REGISTERED NUMBER: 02923413 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Greenholme Enterprises Limited

Greenholme Enterprises Limited (Registered number: 02923413)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Greenholme Enterprises Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S Mautner
S Sheldon
N A Sloam





REGISTERED OFFICE: 103-104 St Johns Wood Terrace
London
NW8 6PL





REGISTERED NUMBER: 02923413 (England and Wales)





ACCOUNTANTS: David Lloyd & Co
Chartered Accountants
75 Grosvenor Street
Mayfair
London
W1K 3JS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Greenholme Enterprises Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Greenholme Enterprises Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Greenholme Enterprises Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Greenholme Enterprises Limited and state those matters that we have agreed to state to the Board of Directors of Greenholme Enterprises Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenholme Enterprises Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Greenholme Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Greenholme Enterprises Limited. You consider that Greenholme Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Greenholme Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






David Lloyd & Co
Chartered Accountants
75 Grosvenor Street
Mayfair
London
W1K 3JS


24 September 2024

Greenholme Enterprises Limited (Registered number: 02923413)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,700 -
Investments 5 1 3,001
2,701 3,001

CURRENT ASSETS
Debtors 6 866,044 742,339
Cash at bank 73,486 9,472
939,530 751,811
CREDITORS
Amounts falling due within one year 7 131,443 161,892
NET CURRENT ASSETS 808,087 589,919
TOTAL ASSETS LESS CURRENT
LIABILITIES

810,788

592,920

CAPITAL AND RESERVES
Called up share capital 200,002 200,002
Retained earnings 610,786 392,918
SHAREHOLDERS' FUNDS 810,788 592,920

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

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

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 24 September 2024 and were signed on its behalf by:



S Mautner - Director


Greenholme Enterprises Limited (Registered number: 02923413)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Greenholme Enterprises 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.

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
Turnover represents amounts derived from fees and commission receivable net of VAT, which falls within the company's ordinary activities.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows.

Land and buildings leasehold Straight line over the length of the lease
Fixtures, fittings & equipment 25% Reducing balance

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.

Hire purchase and leasing commitments
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 - 7 ) .

Greenholme Enterprises Limited (Registered number: 02923413)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,600
At 31 December 2023 3,600
DEPRECIATION
Charge for year 900
At 31 December 2023 900
NET BOOK VALUE
At 31 December 2023 2,700

5. FIXED ASSET INVESTMENTS

31.12.23 31.12.22
£    £   
Participating interests - 1
Other loans 1 3,000
1 3,001

Additional information is as follows:
Interest
in joint
venture
£   
COST
At 1 January 2023 1
Disposals (1 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 1
Other
loans
£   
At 1 January 2023 3,000
Repayment in year (2,999 )
At 31 December 2023 1

Greenholme Enterprises Limited (Registered number: 02923413)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Trade debtors 192,590 124,476
Other debtors 34,502 39,538
227,092 164,014

Amounts falling due after more than one year:
Amounts owed by group undertakings 638,952 578,325

Aggregate amounts 866,044 742,339

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 52,003 100,888
Taxation and social security 67,236 47,602
Other creditors 12,204 13,402
131,443 161,892

8. RELATED PARTY DISCLOSURES

Included in debtors is £830,585 (December 2022 - £742,399), owed by Finebase Limited, the parent company.

During the year the company collected management fees of £175,745 (December 2022 - 196,839 belonging to Wood West Management Limited. These are subsequently paid over to Wood West Management Limited.