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
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
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
GREENACRE RECYCLING LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
1,235,990
743,322
Cash at bank and in hand
85,069
2,113
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
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
GREENACRE RECYCLING LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 March 2024
2,483,700
Charge for the year
311,291
At 31 March 2024
1,247,710
At 31 March 2024
1,235,990
5
Average number of employees
During the year the average number of employees was 27 (2023: 27).