1 April 2023 false No description of principal activity Taxfiler 2024.5 04182562business:PrivateLimitedCompanyLtd2023-04-012024-03-31 041825622023-03-31 041825622023-04-012024-03-31 04182562business:AuditExemptWithAccountantsReport2023-04-012024-03-31 04182562business:AbridgedAccounts2023-04-012024-03-31 041825622024-03-31 04182562business:Director12023-04-012024-03-31 04182562business:Director22023-04-012024-03-31 04182562business:RegisteredOffice2023-04-012024-03-31 041825622023-03-31 04182562core:WithinOneYear2024-03-31 04182562core:WithinOneYear2023-03-31 04182562core:AfterOneYear2024-03-31 04182562core:AfterOneYear2023-03-31 04182562core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04182562core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04182562core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04182562core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04182562core:PreviouslyStatedAmount2024-03-31 04182562core:PreviouslyStatedAmount2023-03-31 04182562business:SmallEntities2023-04-012024-03-31 04182562countries:EnglandWales2023-04-012024-03-31 04182562core:PlantMachinery2023-04-012024-03-31 04182562core:MotorVehicles2023-04-012024-03-31 04182562core:ComputerEquipment2023-04-012024-03-31 041825622022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04182562 (England and Wales)
GREENACRE RECYCLING LIMITED Unaudited accounts for the year ended 31 March 2024
GREENACRE RECYCLING LIMITED Unaudited accounts Contents
Page
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GREENACRE RECYCLING LIMITED Company Information for the year ended 31 March 2024
Directors
Mr J Malyan Mrs E Malyan
Company Number
04182562 (England and Wales)
Registered Office
GREENACRE RECYCLING CENTRE NEW ROAD NEWHAVEN EAST SUSSEX BN9 0HE ENGLAND
Accountants
Shepherd Accountants Limited 20 Lintot Square Fairbank Road Southwater, Horsham West Sussex RH13 9LA
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GREENACRE RECYCLING LIMITED Accountants' report
Accountants' report to the board of directors of GREENACRE RECYCLING LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GREENACRE RECYCLING LIMITED for the year ended 31 March 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of GREENACRE RECYCLING LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of GREENACRE RECYCLING LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GREENACRE RECYCLING LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GREENACRE RECYCLING LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GREENACRE RECYCLING LIMITED. You consider that GREENACRE RECYCLING 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 accounts of GREENACRE RECYCLING 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 accounts.
Shepherd Accountants Limited 20 Lintot Square Fairbank Road Southwater, Horsham West Sussex RH13 9LA 10 September 2024
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GREENACRE RECYCLING LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,235,990 
743,322 
Current assets
Debtors
218,298 
243,895 
Cash at bank and in hand
85,069 
2,113 
303,367 
246,008 
Creditors: amounts falling due within one year
(543,670)
(464,627)
Net current liabilities
(240,303)
(218,619)
Total assets less current liabilities
995,687 
524,703 
Creditors: amounts falling due after more than one year
(710,618)
(214,220)
Net assets
285,069 
310,483 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
285,067 
310,481 
Shareholders' funds
285,069 
310,483 
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by
Mrs E Malyan Director Company Registration No. 04182562
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GREENACRE RECYCLING LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
GREENACRE RECYCLING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04182562. The registered office is GREENACRE RECYCLING CENTRE, NEW ROAD, NEWHAVEN, EAST SUSSEX, BN9 0HE, ENGLAND.
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.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
1,879,275 
Additions
965,627 
Disposals
(361,202)
At 31 March 2024
2,483,700 
Depreciation
At 1 April 2023
1,135,953 
Charge for the year
311,291 
On disposals
(199,534)
At 31 March 2024
1,247,710 
Net book value
At 31 March 2024
1,235,990 
At 31 March 2023
743,322 
5
Average number of employees
During the year the average number of employees was 27 (2023: 27).
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