1 April 2023 false No description of principal activity Taxfiler 2024.5 13956788business:PrivateLimitedCompanyLtd2023-04-012024-03-31 139567882023-03-31 139567882023-04-012024-03-31 13956788business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 13956788business:FilletedAccounts2023-04-012024-03-31 139567882024-03-31 13956788business:Director12023-04-012024-03-31 13956788business:RegisteredOffice2023-04-012024-03-31 139567882023-03-31 13956788core:WithinOneYear2024-03-31 13956788core:WithinOneYear2023-03-31 13956788core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13956788core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13956788core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13956788core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13956788core:PreviouslyStatedAmount2024-03-31 13956788core:PreviouslyStatedAmount2023-03-31 13956788business:SmallEntities2023-04-012024-03-31 13956788countries:EnglandWales2023-04-012024-03-31 13956788core:ComputerEquipment2023-04-012024-03-31 13956788core:ComputerEquipment2023-03-31 13956788core:ComputerEquipment2024-03-31 13956788core:AdditionsToInvestments2024-03-31 139567882022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13956788 (England and Wales)
Green Small Business Ltd Unaudited accounts for the year ended 31 March 2024
Green Small Business Ltd Unaudited accounts Contents
Page
- 2 -
Green Small Business Ltd Company Information for the year ended 31 March 2024
Director
Timothy Edward Maiden
Company Number
13956788 (England and Wales)
Registered Office
74 Shap Road Kendal Cumbria LA9 6DP
- 3 -
Green Small Business Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,750 
15,359 
Investments
4,926 
- 
14,676 
15,359 
Current assets
Debtors
36,708 
9,116 
Cash at bank and in hand
62,851 
48,746 
99,559 
57,862 
Creditors: amounts falling due within one year
(56,053)
(52,088)
Net current assets
43,506 
5,774 
Net assets
58,182 
21,133 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
58,082 
21,033 
Shareholders' funds
58,182 
21,133 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2024 and were signed on its behalf by
Timothy Edward Maiden Director Company Registration No. 13956788
- 4 -
Green Small Business Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Green Small Business Ltd is a private company, limited by shares, registered in England and Wales, registration number 13956788. The registered office is 74 Shap Road, Kendal, Cumbria, LA9 6DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, flat rate value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line - 3 years
Investments
Investments in shares are included at fair value.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Green Small Business Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
22,313 
Additions
2,742 
At 31 March 2024
25,055 
Depreciation
At 1 April 2023
6,954 
Charge for the year
8,351 
At 31 March 2024
15,305 
Net book value
At 31 March 2024
9,750 
At 31 March 2023
15,359 
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
- 
Additions
4,926 
Valuation at 31 March 2024
4,926 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,489 
8,745 
Deferred tax asset
845 
371 
Accrued income and prepayments
750 
- 
Other debtors
2,624 
- 
36,708 
9,116 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,618 
3,427 
Trade creditors
- 
3,825 
Taxes and social security
25,794 
15,189 
Loans from directors
17,291 
28,424 
Accruals
2,350 
1,223 
56,053 
52,088 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -