BrightAccountsProduction v1.0.0 v1.0.0 2022-12-01 The company was not dormant during the period The company was trading for the entire period The principal business activity is that of Licensed Restaurants 29 October 2024 NI674239 2024-03-31 NI674239 2022-11-30 NI674239 2021-11-30 NI674239 2022-12-01 2024-03-31 NI674239 2021-12-01 2022-11-30 NI674239 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2024-03-31 NI674239 uk-curr:PoundSterling 2022-12-01 2024-03-31 NI674239 uk-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-03-31 NI674239 uk-bus:FullAccounts 2022-12-01 2024-03-31 NI674239 uk-bus:Director1 2022-12-01 2024-03-31 NI674239 uk-bus:RegisteredOffice 2022-12-01 2024-03-31 NI674239 uk-bus:Agent1 2022-12-01 2024-03-31 NI674239 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2024-03-31 NI674239 uk-core:ShareCapital 2024-03-31 NI674239 uk-core:ShareCapital 2022-11-30 NI674239 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI674239 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 NI674239 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI674239 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-11-30 NI674239 uk-bus:FRS102 2022-12-01 2024-03-31 NI674239 uk-core:Goodwill 2022-12-01 2024-03-31 NI674239 uk-core:FurnitureFittingsToolsEquipment 2022-12-01 2024-03-31 NI674239 uk-core:Goodwill 2022-11-30 NI674239 uk-core:Goodwill 2024-03-31 NI674239 uk-core:CurrentFinancialInstruments 2024-03-31 NI674239 uk-core:CurrentFinancialInstruments 2022-11-30 NI674239 uk-core:WithinOneYear 2024-03-31 NI674239 uk-core:WithinOneYear 2022-11-30 NI674239 2022-12-01 2024-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI674239
 
 
Green Wall Belfast Ltd
 
Unaudited Financial Statements
 
for the financial period to cessation on 31 March 2024



Green Wall Belfast Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Sarah Louise Carlile
 
 
Company Registration Number NI674239
 
 
Registered Office Unit 26 Kennedy Centre
564-568 Falls Road
Belfast
BT11 9AE
 
 
Business Address 3 Harberton Drive
Belfast
BT9 6PE
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
BT1 1PG



Green Wall Belfast Ltd

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of Green Wall Belfast Ltd
for the financial period to cessation on 31 March 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial period to cessation on 31 March 2024 as set out on pages  to 13 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Green Wall Belfast Ltd, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the period ended 31 March 2024 your duty to ensure that Green Wall Belfast 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 Wall Belfast Ltd. You consider that Green Wall Belfast Ltd is exempt from the statutory audit requirement for the financial period.
 
We have not been instructed to carry out an audit or a review of the financial statements of Green Wall Belfast Ltd. For this reason, we have not verified the adequacy, 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.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
BT1 1PG
 
29 October 2024



Green Wall Belfast Ltd
Company Registration Number: NI674239
STATEMENT OF FINANCIAL POSITION
as at 31 March 2024

Mar 24 Nov 22
Notes £ £
 
Non-Current Assets
Intangible assets 6 - 22,000
Property, plant and equipment 7 - 33,187
───────── ─────────
Non-Current Assets - 55,187
───────── ─────────
 
Current Assets
Inventories 8 - 13,079
Receivables 9 5,117 34,504
Cash and cash equivalents 485 3,907
───────── ─────────
5,602 51,490
───────── ─────────
Payables: amounts falling due within one year 10 (60,735) (165,650)
───────── ─────────
Net Current Liabilities (55,133) (114,160)
───────── ─────────
Total Assets less Current Liabilities (55,133) (58,973)
═════════ ═════════
 
Equity
Called up share capital 100 100
Retained earnings (55,233) (59,073)
───────── ─────────
Equity attributable to owners of the company (55,133) (58,973)
═════════ ═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial period to cessation on 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 29 October 2024
           
           
           
________________________________          
Sarah Louise Carlile          
Director          
           



Green Wall Belfast Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial period to cessation on 31 March 2024

   
1. General Information
 
Green Wall Belfast Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI674239. The registered office of the company is Unit 26 Kennedy Centre, 564-568 Falls Road, Belfast, BT11 9AE. The principal business activity is that of Licensed Restaurants The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 March 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 0 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 20% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Inventories
Inventories are valued at the lower of cost and net realisable value. Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Income Statement annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Income Statement when received.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 16 month period to cessation on 31 March 2024.
   
4. Going concern
 
As at 31st March 2024 there is a deficiency of assets of £67,742. The company remains reliant upon the
support of its director and shareholder.
       
5. Employees
 
The average monthly number of employees, including director, during the financial period was 15, (Nov 22 - 19).
 
  Mar 24 Nov 22
  Number Number
 
Director 1 1
Other 14 18
  ───────── ─────────
  15 19
  ═════════ ═════════
       
6. Intangible assets
     
  Goodwill Total
  £ £
Cost
At 1 December 2022 27,500 27,500
Disposals (27,500) (27,500)
  ───────── ─────────
At 31 March 2024 - -
  ───────── ─────────
Amortisation
At 1 December 2022 5,500 5,500
Charge for financial period 3,658 3,658
On disposals (9,158) (9,158)
  ───────── ─────────
At 31 March 2024 - -
  ───────── ─────────
Carrying amount
At 31 March 2024 - -
  ═════════ ═════════
At 30 November 2022 22,000 22,000
  ═════════ ═════════
       
7. Property, plant and equipment
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 December 2022 46,230 46,230
Disposals (46,230) (46,230)
  ───────── ─────────
At 31 March 2024 - -
  ───────── ─────────
Depreciation
At 1 December 2022 13,043 13,043
Charge for the financial period 8,828 8,828
On disposals (21,871) (21,871)
  ───────── ─────────
At 31 March 2024 - -
  ───────── ─────────
Carrying amount
At 31 March 2024 - -
  ═════════ ═════════
At 30 November 2022 33,187 33,187
  ═════════ ═════════
       
8. Inventories Mar 24 Nov 22
  £ £
 
Finished goods and goods for resale - 13,079
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
9. Receivables Mar 24 Nov 22
  £ £
 
Amounts owed by connected parties (Note 13) - 24,629
Other debtors 5,117 9,875
  ───────── ─────────
  5,117 34,504
  ═════════ ═════════
       
10. Payables Mar 24 Nov 22
Amounts falling due within one year £ £
 
Trade payables - 94,277
Amounts owed to connected parties (Note 13) - 13,339
Taxation  (Note 11) 57,722 52,511
Director's current account 63 -
Other creditors - 3,023
Accruals 2,950 2,500
  ───────── ─────────
  60,735 165,650
  ═════════ ═════════
       
11. Taxation Mar 24 Nov 22
  £ £
 
Payables:
VAT 32,792 26,643
Corporation tax 493 -
PAYE / NI 24,437 25,868
  ───────── ─────────
  57,722 52,511
  ═════════ ═════════
       
12. Capital commitments
 
The company had no material capital commitments at the financial period-ended 31 March 2024.
           
13. Related party transactions
  Balance Movement Balance Maximum
  Mar 24 in period Nov 22 in period
  £ £ £ £
 
Evolve Football Limited - (24,629) 24,629 27,961
  ───────── ───────── ───────── ═════════
 
The following amounts are due to other connected parties:
      Mar 24 Nov 22
      £ £
 
Emrobapa Belfast Limited     - 13,339
      ═════════ ═════════
 
Net balances with other connected parties:
      Mar 24 Nov 22
      £ £
 
Emrobapa Belfast Limited     - (13,339)
Evolve Football Limited     - 24,629
      ───────── ─────────
      - 11,290
      ═════════ ═════════
 
Emrobapa Belfast Limited
Sarah Louise Carlile is the director and shareholder of Green Wall Belfast Ltd and Emrobapa Belfast Limited. As at 01 December 2022 £13,339  was owed from Green Wall Belfast Ltd to Emrobapa Belfast Limited. During the year net transactions between the two entities amounted to £ £13,339. As at 31st March 2024 the balance owed to Emrobapa Belfast Limited was nil.  

Evolve Football Limited
As at 01 December 2022 £24,629 was owed from Evolve Football Limited to Green Wall Belfast Ltd. Sarah Louise Carlile is the director and shareholder of Green Wall Belfast Ltd and Evolve Football Limited. During the year net transactions between the two entities amounted to £24,629. As at 31st March 2024 the balance owed to Green Wall Belfast Ltd was nil.
   
14. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial period-end.