Company Registration No. 09438316 (England and Wales)
Greener Solutions Group Ltd
Unaudited accounts
for the year ended 31 March 2024
Greener Solutions Group Ltd
Unaudited accounts
Contents
Greener Solutions Group Ltd
Company Information
for the year ended 31 March 2024
Directors
Andrew Wilkinson
Keian Antonio Sanchez
Matthew Hetherington
Secretary
Andrew Wilkinson
Company Number
09438316 (England and Wales)
Registered Office
Greener Solutions Group Ltd
Centre For Advanced Industry
Coble Dene
North Shields
Tyne and Wear
NE29 6DE
England
Greener Solutions Group Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
166,046
4,902
Cash at bank and in hand
173,978
41,444
Creditors: amounts falling due within one year
(376,775)
(332,081)
Net current assets
262,560
96,543
Total assets less current liabilities
428,606
101,445
Creditors: amounts falling due after more than one year
(137,047)
(161,642)
Provisions for liabilities
Deferred tax
(41,512)
(1,211)
Net assets/(liabilities)
250,047
(61,408)
Called up share capital
10,000
10,000
Profit and loss account
240,047
(71,408)
Shareholders' funds
250,047
(61,408)
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.
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 23 October 2024 and were signed on its behalf by
Andrew Wilkinson
Director
Company Registration No. 09438316
Greener Solutions Group Ltd
Notes to the Accounts
for the year ended 31 March 2024
Greener Solutions Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 09438316. The registered office is Greener Solutions Group Ltd, Centre For Advanced Industry, Coble Dene, North Shields, Tyne and Wear, NE29 6DE, 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
10% Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
-
-
25,110
25,110
Additions
64,815
143,617
-
208,432
At 31 March 2024
64,815
143,617
25,110
233,542
At 1 April 2023
-
-
20,208
20,208
Charge for the year
6,482
35,904
4,902
47,288
At 31 March 2024
6,482
35,904
25,110
67,496
At 31 March 2024
58,333
107,713
-
166,046
At 31 March 2023
-
-
4,902
4,902
Greener Solutions Group Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
298,622
210,202
Other debtors
166,735
176,978
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
237,991
36,095
Trade creditors
27,150
1,254
Taxes and social security
110,759
285,868
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
137,047
161,642
8
Average number of employees
During the year the average number of employees was 17 (2023: 11).