Registered number
09932030
Greenfield Holdings Limited
Report and Accounts
31 December 2023
Greenfield Holdings Limited
Registered number: 09932030
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 - 3,341
Current assets
Debtors 4 805 1,097
Cash at bank and in hand - 40,630
805 41,727
Creditors: amounts falling due within one year 5 (38,831) (48,907)
Net current liabilities (38,026) (7,180)
Net liabilities (38,026) (3,839)
Capital and reserves
Called up share capital 2 2
Profit and loss account (38,028) (3,841)
Shareholder's funds (38,026) (3,839)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A Greenfield
Director
Approved by the board on 12 October 2024
Greenfield Holdings Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 -
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 4,176
At 31 December 2023 4,176
Depreciation
At 1 January 2023 835
Charge for the year 3,341
At 31 December 2023 4,176
Net book value
At 31 December 2023 -
At 31 December 2022 3,341
4 Debtors 2023 2022
£ £
Other debtors 805 1,097
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 18 -
Trade creditors - 1,397
Other taxes and social security costs 500 4,152
Directors loan account 33,386 38,030
Accruals 515 420
Other creditors 4,412 4,908
38,831 48,907
6 Other information
Greenfield Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Cricketers
41 Windham Road
Bournemouth
BH1 4RN
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