Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-02-20No description of principal activityfalse00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14675542 2023-02-19 14675542 2023-02-20 2023-12-31 14675542 2022-02-20 2023-02-19 14675542 2023-12-31 14675542 c:Director1 2023-02-20 2023-12-31 14675542 c:Director2 2023-02-20 2023-12-31 14675542 d:CurrentFinancialInstruments 2023-12-31 14675542 d:Non-currentFinancialInstruments 2023-12-31 14675542 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14675542 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14675542 d:ShareCapital 2023-12-31 14675542 d:RetainedEarningsAccumulatedLosses 2023-12-31 14675542 c:FRS102 2023-02-20 2023-12-31 14675542 c:AuditExemptWithAccountantsReport 2023-02-20 2023-12-31 14675542 c:FullAccounts 2023-02-20 2023-12-31 14675542 c:PrivateLimitedCompanyLtd 2023-02-20 2023-12-31 14675542 d:Subsidiary1 2023-02-20 2023-12-31 14675542 d:Subsidiary1 1 2023-02-20 2023-12-31 14675542 d:Subsidiary2 2023-02-20 2023-12-31 14675542 d:Subsidiary2 1 2023-02-20 2023-12-31 14675542 6 2023-02-20 2023-12-31 14675542 e:PoundSterling 2023-02-20 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14675542










GREEN TRF LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
GREEN TRF LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 5


 
GREEN TRF LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GREEN TRF LTD
FOR THE PERIOD ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Green TRF Ltd for the period ended 31 December 2023 which comprise  the 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Green TRF Ltd, as a body, in accordance with the terms of our engagement letter dated 24 February 2023Our work has been undertaken solely to prepare for your approval the financial statements of Green TRF Ltd and state those matters that we have agreed to state to the Board of directors of Green TRF Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Green TRF Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Green TRF Ltd 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 Green TRF Ltd. You consider that Green TRF Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Green TRF Ltd. 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.

  


BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
27 September 2024
Page 1

 
GREEN TRF LTD
REGISTERED NUMBER: 14675542

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
Note
£
£

FIXED ASSETS
  

Investments
 4 
1,678,534

 
CURRENT ASSETS
  

Cash at bank and in hand
 5 
10,113

  
10,113

Creditors: amounts falling due within one year
 6 
(3,895)

NET CURRENT ASSETS
  
 
 
6,218

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,684,752

  

Creditors: amounts falling due after more than one year
 7 
(1,679,014)

  

NET ASSETS
  
5,738


CAPITAL AND RESERVES
  

Called up share capital 
  
100

Profit and loss account
  
5,638

  
5,738


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2024.



A MICHELLI-LOPEZ
J URIBARREN
Director
Director

Page 2

 
GREEN TRF LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES

 
1.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 2).

The following principal accounting policies have been applied:

 
1.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
1.4

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
1.5

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
GREEN TRF LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES (CONTINUED)

 
1.6

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


2.



JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company’s accounting policies, which are described in note 1, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.


3.


EMPLOYEES



The Company has no employees other than the directors, who did not receive any remuneration.


4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST OR VALUATION


At 20 February 2023
-


Additions
1,678,534



At 31 December 2023
1,678,534





SUBSIDIARY UNDERTAKINGS


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Verdextremo, Lda
Avenida 5 de Outubro, no 85, 9th floor, 1050-050, Lisboa
Ordinary
100%
Optimum Trifolium Farms, S.A.
Avenida 5 de Outubro, no 85, 9th floor, 1050-050, Lisboa
Ordinary
66.7%

Page 4

 
GREEN TRF LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


CASH AND CASH EQUIVALENTS

2023
£

Cash at bank and in hand
10,113



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
£

Corporation tax
1,435

Accruals and deferred income
2,460

3,895



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
£

Directors loan accounts
1,679,014



Page 5